Edit Your Comment
Discussion of the Forex Contest Squared Financial 2014 Forex Contest
Aug 25, 2014 at 06:35
Medlem sedan Oct 09, 2013
9 inlägg
Squared financial disqualified for arbitrage trading.... Trade löss of +500 pips in 0 sec??? Lol😎
forex_trader_37185
Medlem sedan May 20, 2011
13 inlägg
Aug 25, 2014 at 07:08
Medlem sedan May 20, 2011
13 inlägg
Not great for Squared Financial if they were looking to show they were fair and transparent! I certainly won't be opening a live account.
I would like to see them re-instate all accounts to the balance before Sunday's market open.
I would like to see them re-instate all accounts to the balance before Sunday's market open.
Aug 25, 2014 at 09:00
Medlem sedan Aug 11, 2013
9 inlägg
Hi trad@rs,
Really strange what happened with XAU/USD. I looked at 8 different brokers and only happened with Squared. If they do it on demo account what will they do on real account.
This contest should be cancelled inmediately...
At least I learned one thing.... NOT OPENING A REAL ACCOUNT WITH THIS BROKER.
See you all in the next contest
Nordic
Really strange what happened with XAU/USD. I looked at 8 different brokers and only happened with Squared. If they do it on demo account what will they do on real account.
This contest should be cancelled inmediately...
At least I learned one thing.... NOT OPENING A REAL ACCOUNT WITH THIS BROKER.
See you all in the next contest
Nordic
Aug 25, 2014 at 09:00
Medlem sedan Aug 23, 2012
7 inlägg
why position is square up. my stop loss is not hit then also square up my position.
Earn Dollar
Aug 25, 2014 at 11:28
Medlem sedan Jun 15, 2014
3 inlägg
hi Why gold price like this? my position open 1280.580 sell!!!!!!!! my tp 1275.212
Aug 25, 2014 at 11:28
Medlem sedan Jun 15, 2014
3 inlägg
Theft of this magnitude? !!!!!!!!!!!!!!
Aug 25, 2014 at 11:33
Medlem sedan Mar 03, 2012
8 inlägg
well, lets wait explanation from admin about this problem. 😉
trading is art
Aug 25, 2014 at 13:47
Medlem sedan Jul 18, 2014
5 inlägg
also my tp didn't passed. my sell opened in 1276 and tp=1269 in 00:00:51 but my tp didn't meet!!!!
Aug 25, 2014 at 13:49
Medlem sedan Mar 03, 2012
8 inlägg
Aug 25, 2014 at 14:57
Medlem sedan Feb 19, 2013
1 inlägg
myfxbook data
Aug 25, 2014 at 14:58
Medlem sedan Apr 24, 2014
6 inlägg
Hi warriors 😈,
please... please .. please, can anyone help with this ? it's related to spread also.
This is one of many examples, another there : https://www.myfxbook.com/community/trading-systems/contest-1rf4n/804502,1
Thank for any help to understand it. 😁
please... please .. please, can anyone help with this ? it's related to spread also.
This is one of many examples, another there : https://www.myfxbook.com/community/trading-systems/contest-1rf4n/804502,1
Thank for any help to understand it. 😁
Aug 25, 2014 at 14:58
Medlem sedan Oct 09, 2013
9 inlägg
Wel here is prof they lie....
Aug 25, 2014 at 14:58
Medlem sedan Oct 09, 2013
9 inlägg
I m wondering how one could even open this trade
Aug 25, 2014 at 18:19
Medlem sedan Mar 02, 2014
9 inlägg
Oh well, not a suprise for a market maker people. I work for a market maker for a year before I quit as I can't live with their unethical yet legal business practices. One thing you can be sure, as market maker, the broker make the market, they will make the price so that they will not lose too much as they are taking the other side of the trade.
Not all market maker are like this though because some do have risk management by mitigating the risk of losing trades to their LP. Market maker make profits from our losing trades when they absorbed the order. Your loss is my gain, and my loss is your gain and since there is no settlement for the trades, we all risk depleting capital to the point of margin call and stop-out.
Moral of the story:
1. preferrably trade real account with ECN, True STP or Exchange like brokers.
2. if u have to trade with a market maker for whatever reasons, maybe education for eg, make sure they are established for more than 10 years. why 10? coz 10 years is long enough to prove that the broker is fair and has been filtered by market participants as simply said 'nobody is going to buy bad apples' and 'you can fool some of the people sometimes, but not most of the times'
3. never risk more than what we can afford to lose. Meaning we still in business even when we lose those trades, because this sure can happen in real trading as I have observed again and again when I was with a market maker.
hope this helps.
Not all market maker are like this though because some do have risk management by mitigating the risk of losing trades to their LP. Market maker make profits from our losing trades when they absorbed the order. Your loss is my gain, and my loss is your gain and since there is no settlement for the trades, we all risk depleting capital to the point of margin call and stop-out.
Moral of the story:
1. preferrably trade real account with ECN, True STP or Exchange like brokers.
2. if u have to trade with a market maker for whatever reasons, maybe education for eg, make sure they are established for more than 10 years. why 10? coz 10 years is long enough to prove that the broker is fair and has been filtered by market participants as simply said 'nobody is going to buy bad apples' and 'you can fool some of the people sometimes, but not most of the times'
3. never risk more than what we can afford to lose. Meaning we still in business even when we lose those trades, because this sure can happen in real trading as I have observed again and again when I was with a market maker.
hope this helps.
Simply Profitable!
Aug 25, 2014 at 18:19
Medlem sedan Mar 02, 2014
9 inlägg
you may argue, well this is demo..but I tell you what, since the feed is the same to both real n demo, which I believe in this case, that is why we have this problem..you can open a real account with them n check the feed to confirm.
Simply Profitable!
Aug 25, 2014 at 23:58
Medlem sedan Mar 19, 2011
2 inlägg
Aug 26, 2014 at 06:16
Medlem sedan Aug 23, 2012
7 inlägg
ask price never hit above 1282, then why my position is square up my stop loss is 1283 and I am sell
Earn Dollar
*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.