How does anyone manage to make any profit, when the markets are obviously fixed and manipulated, is it a combination of both, the platform and brokers, and all the sites, that includes babypips, that seem to suggest all the technical indicators will point you in the right direction…what a pile of BS.
how long you trading?
Just to clarify, what do you mean fixed and manipulated? What have you seen or heard to believe this?
Same question!
I have been trading for 6 month’s with a live account, and 2 month’s demo account, I have so far used Sierra Chart and Amp Global Clearing, Etoro, Pepperstone and Optimus Future’s, I’m now back with Sierra Chart because it is one of the best Platform’s around, I have completed the BabyPips school of Pipsology…and also spent 2 months learning Depth of Market, Cumulative Delta, Footprint & VWAP. I have tried numerous strategies and trading plans with various indicators and not one of them have managed to give me an edge…so here is why I say it could be fixed…my account has been wiped out on a few occasions and I have watched in horror as I enter a trade long or short, only for the market to completely turn around and nosedive the other way, on a few occasions in panic, I’ve reversed my entry to go the way of the market & yes it reversed and went in the opposite direction, If this had only happened on a couple of occasions I could sort of understand it, but it has happened too many times for it to be a coincidence, I’ve also noticed my order entry level being used as a kind of support/resistance, whereby price just sort of bounces off it before commencing away from it putting me in a loss position,.
I could be wrong about it all, but I don’t believe in that many coincidences, by the way I think you will only succeed in trading if you have thousands of dollars at your disposal, that way you can afford to take more losses when they occur .
Ok, how did you test your strategies?
Learning BTMM and ICTs stuff will help you understand more about broker, bank manipulation and liquidity and how you can use it to your advantage.
I might get shot for this advice but why not try your strategy without stops (demo first) and reduce the size of your lots (assuming you can) and look at putting limit orders in instead of market orders.
Can I give you a recommendation? Can you please demo trade for one month using whatever strategy you want. Stick to the rules and see if you are profitable. Please let us know how you get on.
And please use a regulated broker.