[bluewrath666]

Hello everybody,

I would like to hear your opinion about an important issue to me: I have been trading forex for just under one year now (with 42,000 EUROS starting investment and a 14% ROI up-to-date, not much as you can see) . After one year of efforts, I am seriously considering quitting forex and go into a regulated market (perhaps Eminis) basically because I have reached the conclusion that the little guy is completely at the mercy of his broker. I am not going to give you every little detail here but it might be sufficient to say that too many times my stops have been taken "manually" (I consider a move to be manual when a spike that is not reflected in another feed I am following appears in my brokers chart, takes my stop and inmediatelly goes back in line with the market). I made a very conservative calculation a couple of weeks ago regarding how much money I have lost due to these situations and it is in the range of 9,000 EUROS (that is without taking into account potential profits I could have made by just not being stopped)

This means that you have to have a very very good year just to avoid ending into negative territory. Odds seem to me too overwhelming in this market when you realize that you have to battle the market AND your broker...


Can anybody comment about similar experiences? I WANT TO KNOW IF THIS IS JUST MY EXPERIENCE OR WHAT.

Anybody here really knows of any retailer going through a broker that has been making serious money CONSISTENLY for years in forex? I am really interested on knowing, I am starting to believe it is just a legend needed to support the enormous industry that makes its living out of us...