Wow, then the FCM I deal with must be awesome because I'm able to dive in, snatch 30 pips and come out during news times.
It's very easy to blame other factors, even I at one point was suspicious of my FCM doing stop hunting or quoting bogus prices etc etc etc. The reality of it though, is most people simply don't know how to trade.
Another overlooked factor is your own computer system. When news comes out, and the ticks are going off the chart, it puts a HUGE load on your CPU. I use to complain and whine about why my orders weren't going thru too, that is until I upgraded, then that become a non-issue, again, how silly of me to blame my FCM at that time.
Now? I double to triple my account on a weekly basis. I've learned many strategies, how to trade under different circumstances, and when to stay out, where my take profits should be, and where my stop losses should be. My win percentage is 69.8% average, but with proper money management, you can still be very profitable.
In conclusion, although there may be some small bucketshops that could be potential fly-by-night scams, none of the big name ones are. Those who claim the big companies to be scams, are only scamming themselves thinking they know what they're doing when in reality, they have no idea wtf they're doing.
Last edited by cwavefx; 02-18-2007 at 01:45 AM.
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