We are living in a dream!
Posted: Fri Jul 19, 2013 9:05 pm
Forex trading on margin is simply a hoax.There isn`t, never been and never will be such a thing.No "Forex broker" will allow you to make money.Why ?Because they loose and ask yourselves which company will have such a bussines plan?By definition ALL forex "brokers" are running a "bucket shop".No order is placed on the market ,ask yourselves where should all the money come from?You simply bet against the "broker".In the same way you bet on sports.Whereas betting on sports is transparent and supervised by millions,in "Forex trading(ha,ha)" the "broker" has the LEGAL RIGHT to give you the price of HIS choice.The latest hoax is the myth of NDD(No Dealing Desk) "trading".....O.K. NDD means in their story telling the imposibility of price manipulation.That is wrong!All "NDD"brokers warn you that depending on market condition they have the right to switch to DD.And once again,YOUR "ORDER" never reaches the market.You will ask why at least brokers do not use the sports model?The answer is simple:because the chances to win in Forex market are really high with all information in Technical Analysis."Brokers", IBs and cohorts and cohorts of marketeers live and live good on the naivity of the masses.I hope that you understood why you will NEVER win in Forex!But it is a nice Dream and a funny way to keep your intellectual skills in shape.