MoneyTec.com Traders Community Forum - View Single Post

novice41 · 26-01-2003, 05:17

Currencia,

Three things:

Are you saying that the trades that retail traders are making are not actually replicated in the big outside FX, even after being averaged among all the positions of the clients at the end of the day, that no margin financing and currency buying is actually ever done, and that broker (marketmaker) essentially plays a computer game with its clients in which the house generally wins? This is a possibility, of course, and there is actually not much wrong with it, but is this the case?

I was not worrying about my funds. I was just curious. If you thought about it a little, you might have understood that buying safe currency and making LT trades, in which you for example buy safe currency with dollars and use 50x leverage, are two very different things.

And the third one: drop the attitude.

26-01-2003, 05:17	#3 (permalink)
novice41 level 1 Join Date: Jan 2003 Posts: 56 Rep Power: 0	Currencia, Three things: Are you saying that the trades that retail traders are making are not actually replicated in the big outside FX, even after being averaged among all the positions of the clients at the end of the day, that no margin financing and currency buying is actually ever done, and that broker (marketmaker) essentially plays a computer game with its clients in which the house generally wins? This is a possibility, of course, and there is actually not much wrong with it, but is this the case? I was not worrying about my funds. I was just curious. If you thought about it a little, you might have understood that buying safe currency and making LT trades, in which you for example buy safe currency with dollars and use 50x leverage, are two very different things. And the third one: drop the attitude.