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Old 19-10-2004, 11:45   #18 (permalink)
MickMason
Fibonacci KISS trader!
 
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Quote:
Originally posted by Tekunda


If this market will grow more and more, the market makers will have to come up with a different solution than putting winning guys on manual.
Nobody will accept this in the long run.
You will always have a choice, simply don't trade!

It's not winning traders per se that they put on manual execution, it's piss-takers who overleverage their account and trade mega-bucks on things like NFP, picking off spikes, quick two or three second trades taking advantage of off-market quotes which the broker has no time to hedge against on interbank, that's not trading in my opinion.

I expect if the problem got out of hand for the brokers they would introduce a time limit on successive trades so no-one would be able to dive in and out of the market in seconds.

The minority unfortunately spoil it for the majority, and brokers have to earn a living too you know, without them we're all sunk!

Mick
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