Could you win a lot of money ..

Discussion in 'Forex' started by mjl, Mar 24, 2009.

  1. mjl


    Here is one email I recieved..

    Forex brokers are rigged
    Could you win a lot of money against a poker player if he always knew your cards?

    Forex brokers CREATE their own charts and they know where all your orders sit.

    If your going to trade currencies trade the spot market futures.

    Stay away from Forex brokers.

    You've been warned
  2. I enjoy trading FX! The main thing that I do is to not place actual SL or TP orders. I just write them down or remember them. This limits the whole stop-hunting factor.
    I also trade really small lot sizes, just in case there is a spike. This can limit the possibility of you getting a margin call.

    It works for me. Another thing is getting the best broker possible. None of them are perfect, but the ones that seem to be okay for me are Oanda, FXPro, and GFT.

  3. You don't want to take 'mjl' too seriously, he's just trolling, probably a clone of some other ET n'er do well :)

    At least it's keeping him amused and off the street....