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Does Your Broker Hunt Your Stop Loss

Daytrader21 Publier 21 jan  dans #Trader's blog #Forex #Broker #Liquidity #Stop Loss #Hedge #Hunt #Artificial Price #License
As I've been promised yesterday today I'm going to cover an interesting subject that many aspiring new trader are very confused about. You'll see this subject popping up on trading forums on a daily basis by novice traders who blame anyone else except themselves for their bad trades and losses. Many new traders and even traders who are in this business for years have this flawed idea that somehow your Broker hunts your SL order. So, Does your Broker hunt your stop loss?

The short answer to this…
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aslamhammad avatar
aslamhammad 24 jan

In the game of plus/minus with currency and commodity pairs, we have a 2 options, 1) try to trade with trend, 2) if the trend is gone against you, go with it until it decides to reverse :p, which works for me in live, but in demo we can only trade 1 side :p, so during fundamental release when i'm not sure, i try to trade both sides, in this way i'll be able to maximize profit along the trend, but the other side would of course be in minus for some time, as you guys know that, forex grows with time and also falls down with time, so you just got to keep track of the trend until you make profit.

aslamhammad avatar
aslamhammad 25 jan

the brokers in the market that cheat, cheat with higher spreads :p....and dukascopy spreads are far better than many other brokers in my opinion :)

aslamhammad avatar
aslamhammad 25 jan

here's an example http://www.youtube.com/watch?v=bDJllx8DW2g

Daytrader21 avatar
Daytrader21 25 jan

@aslamhammad I don't want to sound as an authority voice here but having a bad tick in the stream quotes can happen to even the most reputable broker and that can be happening due to some tech issues. I have already covered that situation in my blog post if you're having a bad tick you can fill a reclamation paper to your broker and I'm sure they will restore that trade in your favor.

Daytrader21 avatar
Daytrader21 25 jan

@jezz it's very hard to trade with a broker that makes money from the spreads, because most likely they have wide spreads. Best option is to stay with brokers like Dukascopy who charge you a standard commission and you have tight spreads.

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Dukascopy a great broker...

forexgrange Publier 20 aou  dans #Dukascopy #Broker #Solutions
I really appreciate the support and advices the Dukascopy community support gave me... and once again they prove me how a great professional team they are and why Dukascopy is a great broker, for me the best ever in the world... Only one think I can ask to the all dukascopy organization to have is a free call service, in the USA it's usually 1-800-... numbers, I don't know for Europe what they can use... but definitely they need a free call reception service, cause I wanted to call them trying t…
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1 Commentaires
CommunitySupport avatar
CommunitySupport 21 aou

Thank You for such a words, but I can say that if You think that it will be faster to solve problems via phone You are mistaken. Yesterday it took more than half an hour only to identify Your issue and some time to make a decision what to advice You to do. I don't think that in case of phone call support You will have enough patience to wait all that time on the phone )))

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WHICH BROKER ? , THIS IS HALF OF THE FOREX TRADING

EmadJO Publier 3 aou  dans #Broker #Choose #Cheat #Honest
GOOD DAY FOR ALL ,WHEN YOU HEAR A NAME LIKE SWISS BANK , COMMERZ BANK , BARCLAYS , YOU FEEL COMFORT TO DEAL WITH , I JUST WILL GIVE YOU AN EXAMPLE PLEASE FOR WHICH BROKER TO CHOOSE AND WHY ? .I PARTICPATED IN A CONTEST WITH A BROKER CALLED INTERTRADER , LUCKY ME I WON THE FIRST PLACE WITH A PRIZE OF 1000 GBP .OK , MY ACCOUNT MANAGER SENT EMAIL , CONGRATULATIONS , OPEN A LIVE ACCOUNT PLEASE .I OPENED , THEN THE MANAGEMENT REJECT TO OPEN THE ACCOUNT OR PAY THE PRIZE .NORMALLY , YOU ASK WHY ?THEY R…
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4 Commentaires
djashes avatar
djashes 3 aou

It's hard to read what you are saying because when everything is in caps, IT SEEMS LIKE YOU ARE YELLING.

EmadJO avatar
EmadJO 4 aou

Hi djashes , - NO CAPS - yes i am Yelling , it is the Sense of injustice , still wondering why they did this , why to make a competition since they will not give the prize ,it is not the 1000 GBP , you know it is all virtual and still you need to perform real deals to get real money , it is a matter of a principal , they lie , cheat , i write this for others to be careful from INTERTRADER . thank you

jaime_1008 avatar
jaime_1008 18 sep

Right now, from my point of view, there are like 5 to 7 good FX brokers, Dukascopy is one of them. Yes, be carefully.

Thanks to share with us your experiences.

shanziester avatar
shanziester 2 oct

I have heard of lots of bad reviews about inter trader. you should try forexball contest. i play there and have gotten prizes from them within 2 weeks without any problem. BUT no US residents.

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