To use chat, please login.
Back to contacts
Ben Nathan (BenNathanFX)
Jun 03 2015 at 07:58
137个发言
sizhouren posted:
So how much do you think traders really makes from the forex market? I have heard that forex markekt is not really worth 4 trillion dollars a day. The real trading forex market for retail clients are only around 1 billion dollars a day maximum, thats why there is always liquidity reason and market moves once you trade big. Do you think its possible for a trader to make 200000 a day off forex market without the broker hunting them to death?


I dont buy into broker hunting - why would a broker dishonestly work against you when they make far more money in the long term if your trading goes well... food for thought...

On another note - I know of a few traders making 6 figures from fund management.
My opinion is that you cant safely make anything 'Full Time' on your own funds unless you have at least 100K... but again, thats my opinion.


HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
rob559
Jun 03 2015 at 15:24
1916个发言
BenNathanFX posted:
sizhouren posted:
So how much do you think traders really makes from the forex market? I have heard that forex markekt is not really worth 4 trillion dollars a day. The real trading forex market for retail clients are only around 1 billion dollars a day maximum, thats why there is always liquidity reason and market moves once you trade big. Do you think its possible for a trader to make 200000 a day off forex market without the broker hunting them to death?


I dont buy into broker hunting - why would a broker dishonestly work against you when they make far more money in the long term if your trading goes well... food for thought...

On another note - I know of a few traders making 6 figures from fund management.
My opinion is that you cant safely make anything 'Full Time' on your own funds unless you have at least 100K... but again, thats my opinion.

[/quote

i second that

FxMasterGuru (FxMasterGuru)
Jun 03 2015 at 20:54
1607个发言
rob559 posted:
BenNathanFX posted:
sizhouren posted:
So how much do you think traders really makes from the forex market? I have heard that forex markekt is not really worth 4 trillion dollars a day. The real trading forex market for retail clients are only around 1 billion dollars a day maximum, thats why there is always liquidity reason and market moves once you trade big. Do you think its possible for a trader to make 200000 a day off forex market without the broker hunting them to death?


I dont buy into broker hunting - why would a broker dishonestly work against you when they make far more money in the long term if your trading goes well... food for thought...

On another note - I know of a few traders making 6 figures from fund management.
My opinion is that you cant safely make anything 'Full Time' on your own funds unless you have at least 100K... but again, thats my opinion.

[/quote

i second that


99% of brokers will 'B-book' you. In other words: they take the other side of the trade... So when you win, they lose... and when you lose, they profit (+spread + commissions ).

I have even met a broker company owner who admitted that he was 'B-booking' everybody... Why...? Because 90% of traders lose...

His broker firm does not have ANY Liquiidty Provider. He simply bets against his clients, the same way as Casinos do...

Why...? For the same reason. 90% of the gamblers lose... In other words: HE IS THE CASINO!

Oh, yes... What does he do with his profitable clients...? Simply attaches Boston Technology's 'virtual dealer plug-ins' and this software takes care of the winners... Being a broker is like owning an ATM...

WAKE UP PEOPLE!!

If you want REAL market conditions, move your strategies to the regulated and centralized Futures markets (currencies, e-minis. etc...)


Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
CrazyTraderfx (CrazyTrader)
Jun 03 2015 at 21:00
1716个发言
I will kill soon any broker that plays casino... : )
Boston Technology's 'virtual dealer plug-ins' can't affect swing style

You love my free signals... Like me on fb
FxMasterGuru (FxMasterGuru)
Jun 03 2015 at 21:09
1607个发言
CrazyTrader posted:
I will kill soon any broker that plays casino... : )
Boston Technology's 'virtual dealer plug-ins' can't affect swing style


You are right, Man! There are some smart people here. No doubt you got so many 'Vouches' here... (alhough more than me).

So there are two ways brokers deal with profitable 'swingers':

1. They consider them as 'collateral damage': i.e. the 10%.

But, please show me ANY MyFxBook account which could achieve at least +5% monthly profit with less than -25% DD on a single ACCOUNT which could fulfill these conditions. I have even started a MyFxBook thread in 2013(!) on this topic, but until today there has been no single account fulfiilling the stated conditions... So the 'Casino Theory' is probably correct confirmed by looking at the S65 Mercedes of the owner of the above mentioned brokerage,

OR

2. They will delay or dispute withdrawals, so the cliient will move on to another 'Casino'...

OR (as a last resort)

3. The broker just disappears in THIN AIR as Reza Mokhtarian of Capital Trust Markets did (just recently) with all the funds of his clients ($500k+)... while showing off on YouTube in his $400k+ Lamborghini while parking a Ferrari, a Rolls-Royce AND a Bentley in the garage of his mansion in Canada...

(https://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/39614-capital-trust-markets-capitaltrustmarkets-com-possible-scam-alert.html)

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
CrazyTraderfx (CrazyTrader)
Jun 03 2015 at 21:15
1716个发言
Here we go... you got a vouch.

I got vouch simply because I provide my signals for free... and followers love them as they are so awesome.

1) I see your thread... and I can't provide any account that matches these conditions so far.

2) I will make sure to withdraw step by step...better, I will go with Interactive broker

I agree with you, all brokers with commercial marketing on the web are just rubbish. I'm with fxcm, even them, I have some doubts.

You love my free signals... Like me on fb
FxMasterGuru (FxMasterGuru)
Jun 03 2015 at 21:30
1607个发言
Yeah... One must be a Crazy Trader trusting any Forex broker... I am just disgusted being a victim of Capital Trust Markets...

Capital Trust Markets is still online - in spite of being de-registered by the NZ Authorities - advertising as the 'Most Trusted Name in Forex'... and being 'regulated by the Financial Services Provider of New Zealand'...

Forex is FULL OF SCAMS... One has to be very careful about where to deposit funds... You may never see it again while your broker is driving a Lamborghini...

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
CrazyTraderfx (CrazyTrader)
Jun 03 2015 at 21:51
1716个发言
FxMasterGuru posted:
Yeah... One must be a Crazy Trader trusting any Forex broker... I am just disgusted being a victim of Capital Trust Markets...

Capital Trust Markets is still online - in spite of being de-registered by the NZ Authorities - advertising as the 'Most Trusted Name in Forex'... and being 'regulated by the Financial Services Provider of New Zealand'...

Forex is FULL OF SCAMS... One has to be very careful about where to deposit funds... You may never see it again while your broker is driving a Lamborghini...


At some point, we will create our own brokerage as discussed into past...

You love my free signals... Like me on fb
FxMasterGuru (FxMasterGuru)
Jun 03 2015 at 21:54
1607个发言
CrazyTrader posted:
FxMasterGuru posted:
Yeah... One must be a Crazy Trader trusting any Forex broker... I am just disgusted being a victim of Capital Trust Markets...

Capital Trust Markets is still online - in spite of being de-registered by the NZ Authorities - advertising as the 'Most Trusted Name in Forex'... and being 'regulated by the Financial Services Provider of New Zealand'...

Forex is FULL OF SCAMS... One has to be very careful about where to deposit funds... You may never see it again while your broker is driving a Lamborghini...


At some point, we will create our own brokerage as discussed into past...


I thought about it for the mentioned reasons... But then, you have to put up 1:1 leverage for the Liquidity Providers... and without REAL leverage, it is very unpractical...

Unlless one wants to be another 'B-booking' Retail Casino...


Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
CrazyTraderfx (CrazyTrader)
Jun 03 2015 at 22:02
1716个发言
FxMasterGuru posted:
Unlless one wants to be another 'B-booking' Retail Casino...



No way, I'll never be scammer

You love my free signals... Like me on fb
请登入账户再评论。