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Old 17-08-2006, 01:49   #12
DW
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Re: Is there any broker who is happy, even if you consistently win?

Why is this very question so difficult to answer? There seems to be some very seasoned traders logged into this forum and yet there is still unending speculation among the general population as to just how brokerages work and how they make their profits. Some people say they make money on the spreads, others say they make money trading against you, others say they take your position once you close it......does anyone here really know for sure? I'm sure there are people who do know. I wish they would speak up. I asked what I thought to be a very basic question, "Are there any scalper friendly brokers out there?" So far nobody has said a word or given any response. Someone has to know. I for one would love to see this particular thread continue until the many thousands of us get an honest answer to this very simple question. It completely boggles my mind that this industry is not regulated and leaves people to guess as to just how it works. I'm sure this will all change in the next few years when ECN's come into play for the whole, or large segments of the market. Any thoughts? ANYONE!?
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