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Concerning methods of trading of some traders like Maxey, the famous FX trader from Egypt, and his team, then traders from Iran, Malaysia, mostly all of them uses such a method of trading during news that works only in brokers with fixed spread and fast execution (1-3 seconds). Well, let me ask you, MAXEY. Let’s imagine, that there is no “on-line casinos” like Instaforex, Liteforex, MasterForex, etc. What will you do if ALL brokers offer DMA (direct market access) trading with floating spreads and execution time of up to 15-20 seconds like in real market conditions?! You attack only small brokers with fixed spread and fast execution and are content yourself only with small percent of your potential agreeing on payouts of 10% of your real profits from such brokers.
as you know there's 2 types of forex traders
TA and FA traders
As am I FA trader.... so i care about Order execution + spread
most of bucket-shop brokers don't pass orders to real market and they depending on traders losses, and when client win they do games and claim things that didn't happens to avoid the payment..
about REAL-Market order execution usully takes avg 50-300ms not 15sec.
btw.. some bucket-shop brokers allow scalp and news trading in they website... but after a client make a profit.. they real dirty face turned on.... so i hope brokers to be honest from the beginning
Right now i trade with some buckets-shop small lots + ECN brokers with high volume and overall all fine.
Quote:
Originally Posted by timbecks777
Concerning methods of trading of some traders like Maxey, the famous FX trader from Egypt, and his team, then traders from Iran, Malaysia, mostly all of them uses such a method of trading during news that works only in brokers with fixed spread and fast execution (1-3 seconds). Well, let me ask you, MAXEY. Let’s imagine, that there is no “on-line casinos” like Instaforex, Liteforex, MasterForex, etc. What will you do if ALL brokers offer DMA (direct market access) trading with floating spreads and execution time of up to 15-20 seconds like in real market conditions?! You attack only small brokers with fixed spread and fast execution and are content yourself only with small percent of your potential agreeing on payouts of 10% of your real profits from such brokers.
as you know there's 2 types of forex traders
TA and FA traders
As am I FA trader.... so i care about Order execution + spread
most of bucket-shop brokers don't pass orders to real market and they depending on traders losses, and when client win they do games and claim things that didn't happens to avoid the payment..
about REAL-Market order execution usully takes avg 50-300ms not 15sec.
btw.. some bucket-shop brokers allow scalp and news trading in they website... but after a client make a profit.. they real dirty face turned on.... so i hope brokers to be honest from the beginning
Right now i trade with some buckets-shop small lots + ECN brokers with high volume and overall all fine.
Ok, Maxey.
So, have you tested FXCM and Oanda? They have No Dealing desk. That means that they do not interfere in trading of their customers...
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