Obviously not.

I do not scalp but, maybe can explain the hidden problem.

Scalping is only a problem to retail brokers. ECN brokers loves scalping because their´re charge a commission for every trade. And thats when you´re in and out, no matter if the trade was winner or loser.

For this reason you must be carefull or the broker would eat your profits.

Retail brokers cannot support this. when you´re sell to broker, the broker buys to a bank. (or inverse)
But not all trades are forwarded to a bank. Little trades are just an accounting entry because their don´t need to coverup.

If you´re scalping 2 things happend.

1-The broker becames crazy. Thay need to take the counter trade but he can´t because:
a- the open position has little money involved, so they made an accounting entry.
b- you´re doing pretty fast and the DD can´t follow you.

2-The broker fill the counter trade but you´re moving fast and they can´t close the trade without losing money.

IE: you sell big money and inmediately you´re -3/4 pips. The broker buys to the bank (a better price off course) in he´s -1/2 pips. And overall +1/2pips against you. So, in the worst case the broker are even with you.
The price moves in your direction 10 pips and you close the trade. You´re +4/5/6 pips and close the trade 5 minutes later. The broker are -2 to -6 pips with you.
The borker needs to close the trade with the bank but the prices moves an he is -2 to -6 in the buy trade.
At end, the broker close the trade with:
better case 0 pips but there was a huge work.
worst case: -2 to -12 pips. The broker is losign money and this is not good for them.
damm trader case: the guy wins and withdrawal the money.

Hope this helps

pd:This explanation is much more complex in the real world.

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nice explanation linuxer .thats why its better to choose a place where they only earn on the spread. my last broker did widen up spreads many many times in non data event just too take out stops closed some stop losses far to early disconnection many times and theese continued like a never ending farytale. I know metaquoetes has sent info to the broker about who was using grid expert made by hdb, with the persons names. they did alsop put persons on a observation list regarding scalpers. Im a bad daytrader but much more better for positioning thats why i skiped mt4 for know, to many small companys the bigger ones is swiss companys and i dont like swis policy.so my best advice for chossing brokers i wrote it earlier choose 1 where u dare to trade without stops 1 u really can count on.

Last broker citaded in phone dont trust any broker they catch u either site


sailor

i wrote in an earlier post if all get their daily statements by mail ? i did not get any reply so i ask again ? IT IS brokers responsibility to send the statement it is important !

sailor

Hi Sailor, What do you dislike about Swiss policy? Thanks for your time.

I had this problem : no statements were received. After few weeks and a lot of mails, I understood the real reason : if have win too much money on my real account and the broker (swiss) said me that he was sorry but there was some error and that my account was always a démo-account (that's why he said the system didn't send any daily statements), and that in reality I have win nothing...
I think it's a frequent practice : if you do not receive your statements, your trading style is in "observation". If you are a potentially looser, you will receive them, if you are a scalper, or have a too good strategie, never...

I think all is depending on broker policies. I receive a mail from COES about my demo open positions. I have demos with SBFX, FXDD and others but no one sends me something.

I have 2 real accounts with non MT4 brokers and I must login to consult my statements.

And one last opinion about my last posts.

I think it´s imposible for metatrader users have NDD brokers. You can have a good retail broker or a bad retail broker. Because it´s not prepared for this class of job. I you test some platform like i described below you undertand why.

So, discarding IB because is mentioned like a DD broker I just know 3 platforms wich manages the ECN/EBS type. LavaFx, Currenex and HotspotFXi

See their web pages. Look the liquidity providers, all the big boys.

And here is one interesting place http://www.nondealingdesk.com/

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Hi Sailor, What do you dislike about Swiss policy? Thanks for your time.



i will try and write my explanation short 1, their money policy they dont share ur money cash with ur own goverment. 2 i know some swiss traders and they is looking for a place where account is held seperated and security for their funds is good if they get broke then what ? thats why i also choosed a place from my own country.

sailor

in most of the agrements / metatrader 4 there is in the agrement writing that its important to monitor statement.

Murphy & Williams Financial Group:


www.mwheadway.com For Beginer (Has micro Lot)

www.mwbrokers.com For Expert

Hello
Who know the best broker who accept e-gold and work better on the news for example no slipage, no increase they spread etc.?
Right now i trade with northfinance but sems to be slowly to put order 1 min befor the news.
So right now i want to double again my account on the next news and to move my account on better broker
Thanks