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Originally Posted by TraderABC
Think about it. If most people loose, then it makes sense to go in the opposite direction. Your broker has access to trades of its customers. What I am saying is they know what position you are in, so they can using statistics trade against you with 90% win percentage. Actually more, since THEY get your spread and maybe even swap (for position traders).
Have you ever learned AGAINST WHOM you are trading? In most, if not all courses if they touch that subject they only mention other traders. But if those traders are almost in IDENTICAL position as you, then who is trading against them?
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wise words that makes me want to stay away from this market,..according to your back testing,..what results did you get ? I do not have the programming skills to do that,..i am a chemist,..i can only get back at brokers by burning there faces with acid but i cannot create a software if my life depended on it
Any strategy there that actually led to a win overall over the years ?
Also what do you suggest for a trader who want to make money in this market against those who he trust the most ? where is the way out of this and how can someone make money ? and if you make good money,..can they stop you ? can they freeze your account for a lame reason or a weak arguement on there side ?