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Hawkeye · 13-01-2003, 02:29

A real and good brokerage should NOT take the other side of trades. They become interested party and tempted to manipulate prices.

You should be aware of the technique they use to hunt for your stop loss levels. They can see your orders sitting there, so if they trade the other side they could easily reach for your stop and make some good pips staright off.

Chart prices most of the time do not match dealing prices, because the charts show one price, whereas the dealing platform show bid/ask (buy/sell) prices. Charts mostly show bid prices, some say their chart prices are the actually prices dealt at the banks.

13-01-2003, 02:29	#3 (permalink)
Hawkeye level 1 Join Date: Dec 2002 Posts: 23 Rep Power: 0	Taking the other side of trade A real and good brokerage should NOT take the other side of trades. They become interested party and tempted to manipulate prices. You should be aware of the technique they use to hunt for your stop loss levels. They can see your orders sitting there, so if they trade the other side they could easily reach for your stop and make some good pips staright off. Chart prices most of the time do not match dealing prices, because the charts show one price, whereas the dealing platform show bid/ask (buy/sell) prices. Charts mostly show bid prices, some say their chart prices are the actually prices dealt at the banks.