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ash71 · 23-02-2005, 11:04

Chris Hood, El Cid:

I am not sure I understand the frustration towards the direction of this thread. Including my last post it would appear that what is taking shape here, as initiated by Bob, is an examination of the idea that most stop hunting complaints are unjustified and due more to trader error than brokerage intervention. That, unfortunately, is true- due to the fact that most people trading forex are very new to the practice and placing 10-15, sometimes even 20 pip stops in any market will eventually get you stopped out by the noise even in a smooth trend, IMHO.

Chris, I read your earlier post on Saxo and found it very helpful when I was looking for a new broker, toying with the idea that "Banks" were a true anonymous trading environment. Thanks for the "due dilligence", that could have saved ME money, ad I was considering them at the top of the list. When I first visited moneytec last year to research ACM I found only a few threads, and most were questions about ACM, not answers or posts from any long term real account holders. If I had found a good thread that expressed a similar combination of experiences to my own after having a live account w/ them, I would have saved a lot of money as well.

The most valuable aspect of Moneytec so far and by far for me has been research into brokerage dishonesty and the exposure of particularly unethical firms. These forums have saved me time and money, thanks to others willing to share their experiences with the various brokers. Clearly, there are only a few that provide any type of level playing field and I credit this forum for providing me with direction on this matter.

That does not mean that there isn't any truth to the idea that stop hunting can get a bit overplayed.

23-02-2005, 11:04	#15
ash71 level 3 Join Date: Oct 2004 Posts: 155 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Let's give "stop hunting" a rest Chris Hood, El Cid: I am not sure I understand the frustration towards the direction of this thread. Including my last post it would appear that what is taking shape here, as initiated by Bob, is an examination of the idea that most stop hunting complaints are unjustified and due more to trader error than brokerage intervention. That, unfortunately, is true- due to the fact that most people trading forex are very new to the practice and placing 10-15, sometimes even 20 pip stops in any market will eventually get you stopped out by the noise even in a smooth trend, IMHO. Chris, I read your earlier post on Saxo and found it very helpful when I was looking for a new broker, toying with the idea that "Banks" were a true anonymous trading environment. Thanks for the "due dilligence", that could have saved ME money, ad I was considering them at the top of the list. When I first visited moneytec last year to research ACM I found only a few threads, and most were questions about ACM, not answers or posts from any long term real account holders. If I had found a good thread that expressed a similar combination of experiences to my own after having a live account w/ them, I would have saved a lot of money as well. The most valuable aspect of Moneytec so far and by far for me has been research into brokerage dishonesty and the exposure of particularly unethical firms. These forums have saved me time and money, thanks to others willing to share their experiences with the various brokers. Clearly, there are only a few that provide any type of level playing field and I credit this forum for providing me with direction on this matter. That does not mean that there isn't any truth to the idea that stop hunting can get a bit overplayed.