HOW DO 100% OF POPULAR RETIAL BROKERS DO TO STEAL YOUR MONEY?
WHAT NOBODY TELLS YOU AND THEY DONT WANT YOU KNOW.
1º most of the flow of retail brokers with or without regulation, have more than 80% of their flow in B book, this they do well either as market makers, or I am sorry STP sending their flow to another prime broker that does for them. In addition practically all the regulations, Australia, Europe ETc, allow this, obviously.
2º The retail broker is not interested in earning a paltry commission per transaction, the statistic seeing a global manager is that 80% of retail clients lose all their money and the remaining 20% more than half. Only 1% constantly wins. That is the reality that they do not tell you. So why pay access costs to the real market? Has no sense. They are a casino, whether you know it or not.
3º The obvious commission, cost per lot is the least of it. Because there is a truly advanced technology to artificially swipe, just a 0.1 pip slip in and 0.1 pip out is more than triple the commission they charge you.The increase between slides, spread and swaps can be than 10 to 50 times the real conditions, in addition this is dynamic and is algorithmically changed to make it difficult to identify, especially slides. Think that there are no slips if it is a B book environment, for this, softwares called Antiscalpers, etc. are used.
4º Swaps, which can be netted in the real interbank and are also very low. Not only are they not netted on MT4, charging you for hedging positions, it is also usually marked between 5 to 20 times more.
5º high leverage, it is for a retail equal that giving a monkey a machine gun. The retail customer does not understand the risk properly. does not understand that 1 lot is really 100,000 usd in the interbank.
6º THE GREED OF THE RETAIL CLIENT.Who is only interested in systems that earn 50% a month. When financial funds with hundreds of brightest and best paid math and quants, would be very happy to make 20% year. Think that from your knowledge of shit or copying idiots with luck that they only show you a short period, but they do not show the hundreds of times burned accounts. To think that you are more likely than these funds that spend hundreds of millions to have the best technology and best human resources. It is quite stupid.
The results are ridiculous conditions trading, where the posibility of winning are low. Why earn 5% or 10% commissions throughout the life of your account, when the broker can save the costs and dramas of the actual execution, or earn 80% to 90% of your balance?. Do you think it would be profitable for them, that level of advertising, marketing, rebates and customer service, for accounts that will earn a few dollars a month? NOT. The business of retail brokers, is B book and pass balance from your account to his.
How much chance do I have as a private retailer with small accounts of constantly winning, contracting with popular brokers at the base of the retail pyramid? 1 in 1000. The same possibilities that you have to take your 5000 or 10000 and go to a casino every day, in the end you will lose what you win by luck and your capital.
Not understanding this, is what has been happening to you since you are in the world of forex. There are exceptions? Yes, 1 in 1000.
Conclusions:
Do I have a real chance of winning? NOT
Is it possible for your knowledge base and liquidity channels? Yes, 1 in 1000.
How can I have real liquidity conditions? You cannot, only funds, prime brokers and banking channels have them.
Understand at once that FX retail is only a casino with great marketing.
Why do I count all this and share my knowledge after working in the internal part of several brokers and having a trading team with more than 10 years?
We are an NGO? NOT
Because I do not intend to sell anything here, they are only personal verifications and for some institutional client, perhaps part of neither CV.
It annoys me, the hundreds of messages that I receive with silly questions or someone trying to copy them when I neglect them and put them at a cheap price, and accuse me that they are not real, if they are not for you, because you will never have access correct to win, neither with these systems nor with almost none.
PLEASE DO NOT BUY ANYTHING OF OURS, THESE ARE NOT FOR YOU.
WHAT NOBODY TELLS YOU AND THEY DONT WANT YOU KNOW.
1º most of the flow of retail brokers with or without regulation, have more than 80% of their flow in B book, this they do well either as market makers, or I am sorry STP sending their flow to another prime broker that does for them. In addition practically all the regulations, Australia, Europe ETc, allow this, obviously.
2º The retail broker is not interested in earning a paltry commission per transaction, the statistic seeing a global manager is that 80% of retail clients lose all their money and the remaining 20% more than half. Only 1% constantly wins. That is the reality that they do not tell you. So why pay access costs to the real market? Has no sense. They are a casino, whether you know it or not.
3º The obvious commission, cost per lot is the least of it. Because there is a truly advanced technology to artificially swipe, just a 0.1 pip slip in and 0.1 pip out is more than triple the commission they charge you.The increase between slides, spread and swaps can be than 10 to 50 times the real conditions, in addition this is dynamic and is algorithmically changed to make it difficult to identify, especially slides. Think that there are no slips if it is a B book environment, for this, softwares called Antiscalpers, etc. are used.
4º Swaps, which can be netted in the real interbank and are also very low. Not only are they not netted on MT4, charging you for hedging positions, it is also usually marked between 5 to 20 times more.
5º high leverage, it is for a retail equal that giving a monkey a machine gun. The retail customer does not understand the risk properly. does not understand that 1 lot is really 100,000 usd in the interbank.
6º THE GREED OF THE RETAIL CLIENT.Who is only interested in systems that earn 50% a month. When financial funds with hundreds of brightest and best paid math and quants, would be very happy to make 20% year. Think that from your knowledge of shit or copying idiots with luck that they only show you a short period, but they do not show the hundreds of times burned accounts. To think that you are more likely than these funds that spend hundreds of millions to have the best technology and best human resources. It is quite stupid.
The results are ridiculous conditions trading, where the posibility of winning are low. Why earn 5% or 10% commissions throughout the life of your account, when the broker can save the costs and dramas of the actual execution, or earn 80% to 90% of your balance?. Do you think it would be profitable for them, that level of advertising, marketing, rebates and customer service, for accounts that will earn a few dollars a month? NOT. The business of retail brokers, is B book and pass balance from your account to his.
How much chance do I have as a private retailer with small accounts of constantly winning, contracting with popular brokers at the base of the retail pyramid? 1 in 1000. The same possibilities that you have to take your 5000 or 10000 and go to a casino every day, in the end you will lose what you win by luck and your capital.
Not understanding this, is what has been happening to you since you are in the world of forex. There are exceptions? Yes, 1 in 1000.
Conclusions:
Do I have a real chance of winning? NOT
Is it possible for your knowledge base and liquidity channels? Yes, 1 in 1000.
How can I have real liquidity conditions? You cannot, only funds, prime brokers and banking channels have them.
Understand at once that FX retail is only a casino with great marketing.
Why do I count all this and share my knowledge after working in the internal part of several brokers and having a trading team with more than 10 years?
We are an NGO? NOT
Because I do not intend to sell anything here, they are only personal verifications and for some institutional client, perhaps part of neither CV.
It annoys me, the hundreds of messages that I receive with silly questions or someone trying to copy them when I neglect them and put them at a cheap price, and accuse me that they are not real, if they are not for you, because you will never have access correct to win, neither with these systems nor with almost none.
PLEASE DO NOT BUY ANYTHING OF OURS, THESE ARE NOT FOR YOU.
Peter Lu
2021.04.29
Bravo, can I say, forex is a casino with some more chance? A casino gives you a chance of below 50% I suppose.
Peter Lu
2021.04.29
And there are some good players in casino too :-), albeit rare.