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Old 26-08-2004, 12:44   #14
CTGJr
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MickM

Quote:
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.

you missed the point of the other thread -- traders closed trades for large gains after a news event -- a few hours later, Refco reversed those winning trades at their discretion

a bit alarming, no?

are we "completely at the mercy of [our] broker" --
are they making up the rules as they go along?
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