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Old 21-10-2004, 10:06   #36
PittsburghFX
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A. You entirely misunderstood. Brokers provide you a mini account to get started. You have the freedom, we all do, of making stupid irrational decisions in regards to trading. There are people who do very very well from trading, but it is a very small bunch. It has nothing to do with the brokers end.

B. Trading is not gambling, it sounds that you might be thinking that it is. Having been trained by FXCM, it is not gambling get rich quick crap. People with that mentiality blow up fast and are weaded out of the market.

C. The spread exists in everymarket. You may have ever traded anything else, but indeed there is a spread in stocks, futures, options and so forth. Plus the other markets have a commission. SO the spread is a big costs because you are trading with 100:1 Leverage or greater.

It is foolish to say anything about sharing the profits with the little guy. That simply doesn't cut it. People who scalp do not give any market maker enough time to offsett their net aggregated position, plain and simple. You have never been there and seen it.

I don't mean at all to cut you up, but I would think twice before really getting into the thread. There is no such thing as a little guy in the markets. The fact is, with instant volume and dealing direct with the market makers, the little guy has the volume advantage as well as the pleasure of being on automatic execution. Big players are harrassed more than anybody. Because a big player can really scew the market makers net position quickly without notice. Thats why most are put on manual or asked to call it in. If the market makers won every trade then it would be poor executions and people would not trade with them.
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