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What do you see in this image?
Dec 17, 2014 at 17:50
Vistas 866
15 Replies
forex_trader_64453
Miembro desde Feb 03, 2012
posts 33
Dec 17, 2014 at 17:50
You can check your own history with your brokers you are working with...
forex_trader_29148
Miembro desde Feb 11, 2011
posts 1768
Dec 17, 2014 at 18:27
what broker?
forex_trader_64453
Miembro desde Feb 03, 2012
posts 33
Dec 17, 2014 at 18:46
Gainsy ranked as the 2nd best broker in reviews by some traders?? ... here is another proof...
forex_trader_169857
Miembro desde Dec 31, 2013
posts 164
Dec 18, 2014 at 06:49
Regardless which broker, they all manipulate the feed/trades whenever they get the opportunity to do so to their advantage. I've been saying this all along. Some brokers are worse than others. Trading with an EA suffers even more. They are able read the strategy coded in the EA in advance making any form of manipulation perfectly executed rendering it less conspicuous. However, I've come across sceptics who dismissed this arbitrarily.
Miembro desde Jun 28, 2011
posts 444
Dec 18, 2014 at 14:55
Old story here. Prices for the feeds are generated by the liquidity providers, aka the bank. We've known for years that different liquidity providers have different prices at any given time. In fact there was once an arbitrage strategy that looked at several brokers to determine entry points and direction.
Pass through brokers don't care if you win or lose, so long as you keep playing the game. If you lose too much, you quit trading and then they lose. So for pass through brokers, it is better if you win. We did have a slogan once, several years back that went something like “ Don't trust your broker”. But you don't hear that anymore because with the ECN system that we have now, you can be friends with your broker again as they are on the same side of the table as you are. (Pass through types only).
Bob
Pass through brokers don't care if you win or lose, so long as you keep playing the game. If you lose too much, you quit trading and then they lose. So for pass through brokers, it is better if you win. We did have a slogan once, several years back that went something like “ Don't trust your broker”. But you don't hear that anymore because with the ECN system that we have now, you can be friends with your broker again as they are on the same side of the table as you are. (Pass through types only).
Bob
where research touches lives.
forex_trader_64453
Miembro desde Feb 03, 2012
posts 33
Dec 18, 2014 at 15:48
(editado Dec 18, 2014 at 16:08)
Thank you for the reply Bob,
That is how it should be, fair for both parts, and thats most of the times what the brokers argue, but when you have been looking charts for years, different brokers, markets, demo and real accounts, market makers, stp and ecn accounts you learn when there is something going on, like a virtual dealer plugin working... Thats exactly why i started to record the trade, this is only a screenshot.
I do not post a lot, but that doesnt mean I am new in this....My only point here is not complaining or trying to find someone guilty instead of me for a loss, I was the one who place a trade on... a broker who uses slippages as huge as 5 pips and delays as long as 6 sec. Its just to show the traders who can be an excellent, good, medium, bad or extremely bad broker.
That is how it should be, fair for both parts, and thats most of the times what the brokers argue, but when you have been looking charts for years, different brokers, markets, demo and real accounts, market makers, stp and ecn accounts you learn when there is something going on, like a virtual dealer plugin working... Thats exactly why i started to record the trade, this is only a screenshot.
I do not post a lot, but that doesnt mean I am new in this....My only point here is not complaining or trying to find someone guilty instead of me for a loss, I was the one who place a trade on... a broker who uses slippages as huge as 5 pips and delays as long as 6 sec. Its just to show the traders who can be an excellent, good, medium, bad or extremely bad broker.
Miembro desde Jun 28, 2011
posts 444
Dec 18, 2014 at 16:16
" I was the one who place a trade on... a broker who uses slippages as huge as 5 pips and delays as long as 6 sec."
You can say who the broker was. Comparing brokers is one of our favorite pass times.
I won't use foex.com because they changed the trading rules and didn't bother telling anybody. They lost me as a customer and I still tell others why. So who are we talking about?
Bob
You can say who the broker was. Comparing brokers is one of our favorite pass times.
I won't use foex.com because they changed the trading rules and didn't bother telling anybody. They lost me as a customer and I still tell others why. So who are we talking about?
Bob
where research touches lives.
forex_trader_64453
Miembro desde Feb 03, 2012
posts 33
Dec 18, 2014 at 16:26
Thank you Bob, rob559 also asked me, its Gainsy... now ranked from the 2nd to the 1st place in the score from brokers reviews.. I wonder why... Good pips for you.
forex_trader_29148
Miembro desde Feb 11, 2011
posts 1768
Dec 18, 2014 at 17:16
(editado Dec 18, 2014 at 17:17)
i'd never go with that broker,too unknown
Miembro desde Jun 28, 2011
posts 444
Dec 18, 2014 at 18:02
Well, not unknown,
http://www.myfxbook.com/reviews/brokers/gainsy/648589,1#?pt=2&p=1&ts=178&o=648589
Bob
http://www.myfxbook.com/reviews/brokers/gainsy/648589,1#?pt=2&p=1&ts=178&o=648589
Bob
where research touches lives.
Miembro desde Feb 22, 2011
posts 4573
Dec 19, 2014 at 07:37
ForexAssistant posted:
Old story here. Prices for the feeds are generated by the liquidity providers, aka the bank. We've known for years that different liquidity providers have different prices at any given time. In fact there was once an arbitrage strategy that looked at several brokers to determine entry points and direction.
Pass through brokers don't care if you win or lose, so long as you keep playing the game. If you lose too much, you quit trading and then they lose. So for pass through brokers, it is better if you win. We did have a slogan once, several years back that went something like “ Don't trust your broker”. But you don't hear that anymore because with the ECN system that we have now, you can be friends with your broker again as they are on the same side of the table as you are. (Pass through types only).
@ForexAssistant
Exactly. The idea of brokers reading their EA and doing something is just paranoia.
I have profitable trading EAs running for more than year making hundreds of percent which indicate the idea of@myfxtrader is pure nonsense.
Bob
Miembro desde Dec 10, 2014
posts 75
Jan 06, 2015 at 19:45
alphasys posted:
Thank you Bob, rob559 also asked me, its Gainsy... now ranked from the 2nd to the 1st place in the score from brokers reviews.. I wonder why... Good pips for you.
Hi guys.
As for me this broker really had to get the 1st place. I have a PAMM account with them and you can check my system to understand what are they, good or not.
alphasys, I cannot see your trading system, please, answer me, why?
By the way, I have never felt that they plays against of me.
So I do not believe that they played against of you only because of you opened a deal, I think you are not alone who traded AUDUSD.
Everyone of us knows that fx trading carries some degree of risk.
By using one broker's services you lost some funds, I got some funds (I am sure not only I)
Or maybe I am a lucky man?
Let's make a profit)))
forex_trader_64453
Miembro desde Feb 03, 2012
posts 33
Jan 06, 2015 at 21:31
Alexey.. you cant see the trading system because i dont want to know anything about gainsy, so i deleted it.. maybe, just maybe you have good results with them because you dont have a problem with big slippage, etc because you trade in different and longer timeframes...
so, for me gainsy and this account is and old page of a book i just throw away.
Good pips for everyone.
so, for me gainsy and this account is and old page of a book i just throw away.
Good pips for everyone.
Miembro desde Dec 10, 2014
posts 75
Jan 07, 2015 at 13:41
rob559 posted:
i'd never go with that broker,too unknown
Rob, when I looked for a new broker I have made a research and found an information about this broker here, on MyFXBook. Then I started to looking for more info about them and I have found it on Skrill and Forbes web-sites. I do not think that Forbes will write that they are good if they are bad.
Let's make a profit)))
Miembro desde Dec 10, 2014
posts 75
Jan 07, 2015 at 13:42
So I am talking that they are not so unknown.
Let's make a profit)))
Jan 08, 2015 at 14:45
Hey guys.
I don't wanna talk only about this broker. The point is that forex, stocks, binary options etc is very risky. Look, the inflation in Germany is now on the 2009 minimum, problems with Greece, price for oil. Now trading is very dangerous for those who don't know how to trade. If you're newbie in forex - don't blame the broker.
Alexey, Forbes? Cool, have to google it
I don't wanna talk only about this broker. The point is that forex, stocks, binary options etc is very risky. Look, the inflation in Germany is now on the 2009 minimum, problems with Greece, price for oil. Now trading is very dangerous for those who don't know how to trade. If you're newbie in forex - don't blame the broker.
Alexey, Forbes? Cool, have to google it
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