For people who do not know the facts, please read the post.
A broker obtained you as his new customer. You deposited just like $250 (they let even very small accounts simply to hook you). You hope you'll be winning. All the broker needs is your money be in his pocket. I clarify how he does this.
For instance the broker is DD (Dealing Desk). The point is that 99% traders are losers.
What DD broker does is that he creates mini market from his clientele and his cash.
When you buy, he finds another his customer that sells. The deal is finished. Normally your another counter celebration is your broker. Broker understands you will lose and instead of letting go your cash to market, why don't intercept them because of their pocket. You think you do not care. But you ought to care and here is why. It maybe not relates to demo accounts.
The sport began.
1. You create buy. He creates slippage for you and/or requote. Your position is filled when 3-4 pips went against you to make you nearer to a stop loss. If your position is stuffed, his place is filled with buy.
2. He does changeable spreads like between 23-53 pips (on 3/5 digits values). Occasionally 13 pips to lure you as a customer. I saw one broker at the same time altered his spreads like 3-4 times a second within just like 23-53 pips. On what spread your position is going to be filled? 23 or 53? Of course 53.
As a result you lost like 7 pips total prior to going into the market. He knows that based on 99% losers you'll finally lose your account. His risk is 1% plus tear offs. Stay tuned.