To Tess :
I have looked at your ECN sites. I am downloading a demo of one and have compared the live charting of another with my own broker Hallifax FXS Forex. The pip difference at most at any time was only one pip! I consider that no advantage. There may be other advantages but as such do not compare with my wish to have my money stay in Australia. Long distance internet can also be a problem. Further these ECNs have a subscription cost do they? My broker is free.
So my decision on using an ECN is still pending.
But I want to talk about something else.
With your experience and knowlege you have a lot to offer this forum. The aim of this forum is, of couse, to educate us traders and I, being ignorant, have benefited greatly.
By participating in this forum we all benefit. There is a wide spectrum of knowlege here. Some people cannot even spell correctly but do amazing things in their trading. Therefore, constructive commentary is very useful.
But what are you doing?
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I have absolutely no idea? & neither do I care.
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I would humbly submit that this approach is not the best for us.
Criticizing, judging and being cynical are not really useful attitudes, especially since many of the posters on this forum are total beginners and post here in a genuine effort to improve their trading.
Let me be constructive.
Why do you not open a thread in the Newbie Island section entitled "The advantages of trading with an ECN"?
In your post define an ECN, what it does and where they exist.
Compare some of the major matters that posters ask and outline the pros and cons of ECNs versus the standard online brokers. Your extensive knowlege will be a valuable contribution to this forum
You will end up with a multitude of replies asking questions and will have your time cut out answering them.
Compared to your knowlege some of the enquirers will appear quite stupid but remember that you were also once ignorant and knew nothing about trading. And that is the whole aim of this forum...........to learn.
I have seen people in the past take a very "high horse" attitude to everyone else on the forum. Eventually, everyone gets wise to this, that person's posts are ignored and then they either get edited by Pipcrawler or end up leaving the forum.
Kind regards, Tymen Wortel, Perth, Western Australia.