Thread: Whats the inspiration left for retail trading?

Originally Posted by ;

I think that it can only be favorable... Lets just say BROKER X.. Declares bankruptcy and shuts shop. . . . Those same people who ran BROKER X.. The majority of them can get hired to other Brokers. . Or some will start their NEW ones. . So BROKER COMPANY Y belongs into presence. With more experience under their belts, and still honest aims, COMPANY Y in theory ought to be exceptional to Business X.

Pooks. .

As a trader. . And forex as business you may select and expect the company to be good.... But if you say this episode is good... why there's just handful FXCM, Alpari, and yet another NZ firm went into trouble while you will find 1000's of more that haven't been changed so far and operational.... Something to contemplate...

Originally Posted by ;

quote I had been considering Nadex too, that's when my broker gets me back the money in my account that I shut Friday. They say they were not effected considerably from the Swiss Franc mess and that they are operating as normal but time will tell. Funny part is they E-mailed their US clients now saying that do to regulatory motives they can no longer accept US clients and they have an arrangement with Tallinex to move all of US client's accounts to them by 1/30/2015 and if you don't want that to occur please close your account. Needless to say...

very intriguing,

Originally Posted by ;

quote COGS... Currency trading for certain would have restricted the loss but how dependable is Forex trading,. . .have discovered there is heavy amount of price rigging and have undergone it few times also....

Thats the gap with NADEX and IG, is that they are exchanges, the strike price is determined by different means but basically bid ask/2 and the only way you'll be able to buy a contract would be if somebody else is selling a contract

additional binary alternative brokers do manipulate the price, they pay in house and are like a casino.

Im personally in a litigation with a single right now, my lawyer is currently drawing the letter of note. So I dont wanna get into detail PM if interested.

sorry Cogs. . Was not really mad lol. . Maybe just cynical.

Originally Posted by ;

connect ananth, Well, if you can't handle a black swan once and awhile, then, yes, you should not be trading.

Gravitist - not certain if you'd sarcasm in it,,

but think about it objectively, true that percentage of occurance is 0.01%, but you dont know when you'll be hit by it know how to protect from it..., could maintain ECB release too....think u expect it to rally on news but it only goes to Parity without any buyers for your market quote from 30 sec.... And you wind up with 500 k USD Slapped as debit card to be compensated and with a lawsuit...

Originally Posted by ;

sorry Cogs.. Was not lol. . Maybe very cynical.

Understandable in this market, everybody has a schedule some being dishonest and crocks well other becoming more truthful and honesty with solid motives

my idea is to get some thoughts together, thinking about different ideas and ways to make it a lot easier to make money, feeding off each other. I believe most of forum have that agenda

Helping each other with, no price, and no affiliation with a broker or an exchange,

Connect,

I was pulling your chain a bit, just out of fun - please, no hard feelings, so I joke a lot.

To be serious, the SNB had never played honest and shouldn't be trusted. I'm not too surprised by their activities. Unlike other government -run central banks,
the SNB is 48% PRIVATELY owned - SNB really does expect to make a profit! I really don't trade CHF crosses, due to their shenanigans.

Originally Posted by ;

Connect, I was pulling your chain a bit, just out of pleasure - please, no hard feelings, I joke a lot. To be serious, the SNB had never played fair and shouldn't be trusted. I am not too surprised by their activities. Contrary to other government -run central banks, the SNB is 48% PRIVATELY owned - SNB actually does expect to make a profit! I don't trade CHF crosses, because of their shenanigans.

Well not a bad ploy in this situation gravitist,,, simply to laugh out it!! :-)

Originally Posted by ;

quote thats the difference with NADEX and IG, is that they are exchanges, the strike price is dependent on different ways but basically bid ask/2 and the only way you can buy a contract would be if somebody else is selling a contract other binary choice brokers do manipulate the price, they cover house and are similar to a casino. Im in a lawsuit with a single right now, my lawyer is currently drawing up the letter of notice. So I dont wanna enter detail PM if interested.

Hi Cogsx86,

I'm with IG Singapore. I've always been wondering what type of broker IG is precisely.

From the data I gathered from its site, it appears IG is a ECN, STP/MM hybrid broker. Is this right?

Anything I'm missing?

Thank you if you could share a light.

Hi zxdtrader. IG (Australia) offers both MM (over the counter) and Direct Market Access (DMA) models for the pro investor trying to know market depth. The DMA is very much like the ECN model nonetheless with a slight difference because IG stands in your location as counterparty with the Interbank market and automatically generate a CFD to cover their risk and pass this through to you. I hope this helps.