FOREX.... is it real trade ... or just Big Game ??? need help

[RedDuke]

The main difference is that CME or any real exchange CAN NOT:
- move market few pips here and there
-hold you deposits, clear you trades and have control over which price you see and which you do not
- have you put you on manual execution
- make stupid rules that if you trade large size for a short duration you either get the boot or dealer intervention
- and so on

If you ever trade forex with 30-100 standard lots, you will experience it yourself. All of the above goes on during non news times and even on the most liquid pair eur/usd.

Enjoy trading retail forex.

[ammar orfaly]

soory again for english

I give u better what i have.....

when i spaeak in my main language ... u can see clear phone sound..

but at less u can understand what am tring to tell... lol

who am i.

i am forex deceived .....

six months and i was thinking myself trading...

finaly i see .... i was just in casino..

& if i could'nt find real trade via trust dealer.. i will stop.

that what am I ......

sorry my friend beteuk ..... but why u try making little of my words....

regards.

[peteuk]

Originally Posted by RedDuke

The main difference is that CME or any real exchange CAN NOT:
- move market few pips here and there
-hold you deposits, clear you trades and have control over which price you see and which you do not
- have you put you on manual execution
- make stupid rules that if you trade large size for a short duration you either get the boot or dealer intervention
- and so on

If you ever trade forex with 30-100 standard lots, you will experience it yourself. All of the above goes on during non news times and even on the most liquid pair eur/usd.

Enjoy trading retail forex.

Ah it's not so bad, even with all the above! For scalpers and news traders it may be difficult but for regular traders it's ok. The marketmakers I place trades with fill my orders, leave my stops alone, and offer reasonable quotes so what more could I want?

[RedDuke]

Originally Posted by peteuk

Ah it's not so bad, even with all the above! For scalpers and news traders it may be difficult but for regular traders it's ok. The marketmakers I place trades with fill my orders, leave my stops alone, and offer reasonable quotes so what more could I want?

Since you agree that all of the above takes place, why are you still trade forex and not futures? Trading is risky as it is, why add more? Also, due to 1 tick spread and tiny comissions futures are also cheaper to trade. The only thing about forex is that it has more crosses.

What is an avarage size of you trade in standard lots?

This whole argument might go away once FXMarket Place will open up to retail traders.

[peteuk]

Originally Posted by RedDuke

Since you agree that all of the above takes place, why are you still trade forex and not futures? Trading is risky as it is, why add more? Also, due to 1 tick spread and tiny comissions futures are also cheaper to trade. The only thing about forex is that it has more crosses.

What is an avarage size of you trade in standard lots?

This whole argument might go away once FXMarket Place will open up to retail traders.

Why fix what ain't broke? I could spreadbet and pay no tax but what I've got now I am comfortable with.

I think there is a lot more being made out of these issues than needs be, scare stories propogated by so-called NDD's about how poorly retail traders are being treated.

In time I'm sure things will change, even now some firms are promising STP on minis! How true that is in reality is in doubt but at least the idea is there.

[JR97]

Originally Posted by oyt

Hi,

I think FOREX is not same with gambling like casino...FOREX has a system ,
there're repeated pattern if you recognize it.
the problem is only few people use a system to trade and many people trade without a system like gambling and finally they loose their money...

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Forex Indicators Collection

Same can be said for Poker, Blackjack, and Craps. Hell, I know more people who make money consistenly at poker, blackjack, and craps than I do successful traders.