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Defending yourself in forex market in case of a broker’s misconduct episode 1

Aug 23rd 2011 at 12:25 AM

Sometimes you may feel like you a so small surrounded by big bad brokers, you don’t have to be a victim. If you are victimized or brokers take advantage you can take the following measures to help you in case of anything. 1.comparison of rates or price feeds from different sources imagine you a camel with blinders ,the camel vision is always limited to what is in front of it .if there barrier in front the camel has no option but to add more pressure needed to pass or jump them .this makes the camel feel down

If your only use on rate feed on you trading station you trading like a camel with blinders on, you don’t have the picture of happening on the forex world since you have limited yourself to one broker price feeds. If your broker chooses to manipulate rates, widen the spreads and run your stops, you have no way to know if the more represent the whole market. Don’t be like the blinded camel if you are a sharp trader you need to know every happening in the market or complete view of market.

The best option is to subscribe to a second third and even fourth price and rate feed .this will allow you to confirm whether the market moved the way you saw in your plat form …… for the second episode of series on what you should do to defend yourself

Please to comment
Sep 13th 2013 at 7:01 AM by marty
thanks a great news for me

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