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My question is this in regards to MM putting those on manual fill. Are you not talking about news traders who open 2-3 accounts and wait for the platform that lags and then hit the button for instant fills. I asked 3 differrent firms about scalping. One of which is FXCM and they all stated that you can open and close a position as quckliy as you like as many times as you like during a day.
All are now limiting opening orders right before data releases for the exact reason as stated above. All of them also suggested longer time frames to trade off of for safety reasons but all denied that they move the spreads to wipe people out.
This type of practice also makes no sense to me. for the following reasons
1) they make money everytime trade the more times I trade the more they make.
2) iF theyt are manually moving thier spreads then they risk me not having another platform open and catching them in the act.
3) If they were ever discoivered they would be out of business in a minute since no one would ever go there.
4) compittion for clients is fierce why screw them
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