Opening this thread to discuss the REAL impact of brokers either acting as counterparty to your trades or simply opening trades in the opposite direction of persistent losers.
If your broker acts as the counterparty to your trade, what does it matter? from a business model point of view it makes perfect sense.
Over the long run, the vast amount of retailer traders lose, meaning being counterparty to retail trades makes simple business sense.
But what is the effect of this on YOUR results?
Unless you're operating with a 10 pip or less SL, I would think the effect is zero.
From what I understand, brokers may push price a few pips,maybe not even this. And who says there is not another retailer trading in the opposite direction to you that the broker has also been counterparty to, who will not cash out from the resulting market movement.
Or,
If Brokers simply watch the trades of retail clients' who frequently lose and just open trades in the opposite direction to them as they are made without actually being a counterparty to them. So what??
Points of discussion welcome, but no depressive types who wish to simply kill themselves please...
If your broker acts as the counterparty to your trade, what does it matter? from a business model point of view it makes perfect sense.
Over the long run, the vast amount of retailer traders lose, meaning being counterparty to retail trades makes simple business sense.
But what is the effect of this on YOUR results?
Unless you're operating with a 10 pip or less SL, I would think the effect is zero.
From what I understand, brokers may push price a few pips,maybe not even this. And who says there is not another retailer trading in the opposite direction to you that the broker has also been counterparty to, who will not cash out from the resulting market movement.
Or,
If Brokers simply watch the trades of retail clients' who frequently lose and just open trades in the opposite direction to them as they are made without actually being a counterparty to them. So what??
Points of discussion welcome, but no depressive types who wish to simply kill themselves please...
Come with me if you want to live....