Exposing MT4 Scams - Brokers Plugin! - Page 2
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Thread: Exposing MT4 Scams - Brokers Plugin!

  1. #11
    91854Agree here also,.
    For sure start of this thread has rather subjective sight.
    Most traders -unfortunately- do not need an unfair broker to dismiss their accounts.
    There is one simple egy to use - go für H1, H4 timeframe free of SL a few pips off.

  2. #12
    Milk means milk without fat,what Exactly Does scam brokers means

  3. #13
    91854
    Quote Originally Posted by ;
    you may have a winning egy and still be a looser, because when you loose broker wins, its all a casino!!!
    The term is lose not loose.

  4. #14
    91854
    Quote Originally Posted by ;
    I dont normally participate in threads like this but there are a lot of people here believing this BS that their broker is changing their candles . Lets think about that for a second.... Let use my broker, IC markets. They're controlled in Australia and are ECN and have a huge huge huge customer base First for them to be changing candles there might need to be boss who educates and employee he needs to go and sit down before the computer and enter customers account feeds and spike them from a transaction while the rest of the platform are not...
    Have a read of the Terms of agreement for this broker. They're trading against pools and liquidity suppliers. IF you begin to win you bet they will begin to mess with your order process.

    Also they have this hackish process that when everybody goes into margin call land they are allowed to take equity from accounts which are positive to balance out the whole broker account when its about to make the broker go bankrupt. So essentially all customers are pooling their money together in hopes the swimming pool isnt margin called. LOL ponzi scheme or what?

  5. #15
    91854Repetitions, repetitions, repeats, repetitions, so what?

    Can you to change this or to manage it?
    If not, go out of the company und you won't be screwed!
    Take a different one, where all partners are patronizingly and the world still is rosy.

    Good luck

  6. #16
    91854
    Quote Originally Posted by ;
    quote Have a read of the conditions of agreement for this broker. They're trading against pools providers and pools. IF you begin to win you bet they will begin to mess with your order process. They have this hackish process that when everybody enter margin call territory they are allowed to take equity out of accounts which are positive to balance the whole broker account when its about to produce the broker go bankrupt. So basically all customers are currently pooling their money in hopes that the pool isnt margin called. LOL ponzi scheme...
    What you're saying is exactly right.They bundle together orders and accounts and supply leverage.If they didnt do so most traders with small accounts would not be able to trade.The bigger the broker can be the far better rates they get from liquidity providers

    Where could you go with an account of $100 000 to trade on the open market.What will the cost and disperse be if you subtract your costs on your own.

    You can phone Barclays, HSBC, Bank of America etc and ask to fill some orders of 100 k in whatever denomination and then they will laugh at you around the trading desk or charge you a massive charge and or a 50 pip spread on the EurUsd like the majority of bank do for their actual retail clients.I just filled some orders end of last month with bank from USD into ZAR and obtained charged 500pip spread and a wonderful huge fee.That is exactly what the market is if you remember correctly.

    I like that they are trading IN black pools and against liquidity providers.Trading against each other in competition is the character of the market.Your announcement supports my point not yours.Why is it bad to trade in shadowy pools?

    These accounts are segregated by law at IC Market.An accounting/law firm takes control of a bankrupt broker and pay their clients.Just like with Alpari going beneath.

    What it is you're complaining about is A booking and B booking practices and that just bothers losing traders because should brokerages keep winning traders in their B book then they are only losing money hand over foot.

  7. #17
    91854
    Quote Originally Posted by ;
    quote Take a read of the conditions of agreement for this broker. They're trading against liquidity suppliers and dark pools. In the event you start to win you bet they will start to mess with your order procedure. They have this hackish procedure that if everyone enter margin call territory they are allowed to take out equity of accounts which are favorable to balance the entire broker account if its about to make the broker go bust. So essentially all clients are pooling their money in hopes the pool isnt margin called. LOL ponzi scheme...
    I'd like to say that you're deflecting my buddy. You mentioned that a broker can do a few things to stop their company. However, between the market, yourself, and the broker, which has the maximum opportunity to go bust? The solution are the broker. Remember that the broker is providing us leverage which allows us to trade with all the micro lots which we're allowed to in the first place. If the broker doesn't stop us out at state x level, then the market may definitely keep running contrary to us (our floating loss) thus making the broker hold the bag as they gave you the leverage to start with. Remember if the clients balance goes below , then the broker must pay the reduction!
    Second of all, people are so quick to blame for the brokers for their losses, once the reality is that the broker doesn't decide what we buy or sell, and for how much. Just look at what occurred on EU and other yen pairs. Individuals's stop loss would get it, and right after it will, a fresh position would open . Basically defeating the purpose of the stop loss to start with. Our bias causes our losses, as we handle FX for a casino game in lieu of a supply and demand market which it is.
    The broker isn't to blame when we dismiss price action. The broker isn't to blame when we do not take profit. However the broker is to blame when we've got a huge floating reduction or possibly a margin call... We need to stop deflecting and figure out that it isn't the broker, but the trade that is the issue.
    Just ask yourself this 1 question, even if the market was to start it's first tick in 10 mins... Can you buy or sell? If before the first tick you have an idea of buying or selling the fact is you're currently ignoring supply and demand and price action. How can someone trade SUPPORT OR RESISTANCE prior to the first tick. Support and resistance change every day, and it is evident with the prices leave wicks at DAILY pivots. Open your eyes up and quit attributing the brokers, as the brokers do not cause people to hold for 800 pip drawdown!

  8. #18
    91854
    Quote Originally Posted by ;
    If you are a brief term trader, such as scalper etc you're screwed by default. Countless people posted things on FF through recent years about it. You're screwed, unless you learn how to trade on more terms. I'm not speaking about candles, but anything under 15 min is suicidal. And that is relevant to everybody and everywhere not metatrader only
    I'd disagree with you 1000%. How can anyone be screwed if they trade on anything lower then 15m tf, if that which you see every tf lower then the 15m is the thing that generates the very candle about the 15m that makes you buy or sell... Consider how many individuals trade the higher tf, and close and open positions PRIOR to the candle on thaeir admired tf even closing. To put it differently, if you're investing in the 1hr tf, and you're opening positions before or after the 1hr pub closesyou are not investing in the 1hr tf. You're trading sign up or 1m.
    No matter what tf you trade, you find that the very same precise formations. Which of course means that the higher you go, the less accurate your entrance is going to be causing you to need to risk less to prevent bigger drawdowns. Folks don't like trading the reduce tf because it's to quickly or gets to much sound but the fact is right before you find a breakout of say 100 or even 200 pips, is not there 1 candle about the 1m which is engulfed, rather than re-engulfed. By the time you get confirmation on the tf you're 1 hr to overdue and pursuing the moving rail.
    The most frequent way to trade is swing trading, and we obviously see how well it's gone for people in breakout markets. Scalping is deemed because that is how the system actually works, unorthodox. Trading proves that, why is it that you think we see Accumulation? Well because that is when the market can consume the maximum volume in order to determine where it can produce more income prior to the new breakout. In case the market goes flat for state 4 hours, along with the buy side has gotten dollars in buys, along with the sell is becoming 50 million do you think that the bulls must win? Of course not, as supply and demand conditions that the market will proceed not and AGAINST the herd with it!
    I think we lack the capacity of understanding how the market functions, which is why we take the easy way out and try to pick bottoms and tops, instead of looking for the 20-30 pip move at a moment.

    ---------------------------------------------------


    The price kept going up, he kept quitting, and he maintained shorting, only to place the above message. Of course he would say that the tf is contrary to him, but how could a person SHORT if not one candle on the tf has engulfed the new high created. Remember having an ENGULF that is your CONFIRMED signal that bear or bull gets lost control.

  9. #19
    91854
    Quote Originally Posted by ;
    If you are a brief term trader, such as scalper etc you are screwed by default. People posted stuff about it here. You're screwed, If you don't learn to trade on longer phrases. Anything under 15 min is suicidal, although I am not talking about monthly candles. And that applies to everybody and anywhere not metatrader just
    Trading a higher time period only means that it takes longer to blow the account...
    It gives the appearance of succeeding because success lasts somewhat longer...

  10. #20
    91854
    Quote Originally Posted by ;
    quote Trading a higher time frame only means that it takes longer to blow the account... It provides the appearance of succeeding because success lasts somewhat longer...
    Really accurate, the timeframe does not matter. It doesn't matter if you're using MT4 or maybe not.

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