oilrich what broker are u using? are u trading live?
I see this is a demo chart. I NEED TO SEE LIVE CHART IN ACTION cause live is alive demo is a dead chart. SHOW us lLIVe trading in action.
no one can experience price manipulation on demo cause broker does’nt care.
Try opening live account u will see. If u make a buy price will stop moving for a while and it goes down.And try to sell at the same time.You know what will happen the price will stay in the middle of buy and sell and then check the price of the other broker on demo now you will see the proof of price manipulation.
As a side note, if they manipulate price against you (which I believe is a myth anyway and even if it did happen, at most they would fiddle a few pips, not tens), then somebody else on the other side of a trade is getting a spike in profit no?!
packy, from the sounds of it you are using expert advisors and losing money, why dont you pack in the EA’s as most of them out there dont work, (which is what you are experiencing now), and put the time in yourself to learn how to trade properly, instea dof trying to take the quick route/get rich quick way of using EA’s.
Most ea’s don’t work but forex mega driod seems to be diffrent.Having said that the only reason i’m considering giving this ea a chance is because they give you a 60 day no questions asked money back gurantee with clickbank as their vendor.
I once bought a system for 60$ which was a bs scam.I admit i did not do my homework by reading reviews afterward everybody siad the same having said that because the vendor was clickbank they all claimned their money back guarantee and got it and so did i.
When dealing with clickbank your guarantee is assured.As long as you don’t make a habit of cashing in on gurantees.If you truly want to try it out dealing with clcikbank the most you lose out on is time.The reason i think this ea is diffrent is because of what people has been saying about it on this forum.Ofcourse should you seriosly consider it you gonna have to read at every single review you can find.I’ll propably will never buy it unless i stop making profit for a long period of time but i’m very curios about this ea and think that i may work
Olrich, are you trying to sell this EA or summat. I dont believe in relying on a EA to do my trading for me. I’d rather watch the market and price action and trade myself. The only people making money with EA’s are the people selling them.
There is a big discussion about that ea on the rate my software thread.Sound like it can work…having said that ea’s enters too few trades so i’m never gonna buy it.I’d rather trade the market myself as well don’t like ea’s much
I can’t mention about my first broker. ONE OF THE SALES WAS DROPPING A HINT HE SAID >THIS IS STUPID> and then tranfer me to another sales i was so eager to open live account they let me open below the minimum starting balance.
no need to mention the other broker.ALL FOREX BROKER ARE SCAM
BROKER DESIDE WHEN TO LET YOU WIN AND WHEN TO TAKE U OUT
YES THIS WASTE OF TIME.BUT I STILL WANT TO KNOW IF THERE IS A BROKER THAT TRADER ARE SAYING THEY MAKING WITHDRAWAL AND MAKING CONSTANT FROFIT TRADING FOREX.
i SOMEONE WILL SAY MAYBE I WILL TRY TO LEARN MORE.
i KNOW SOMEONE TRADING CURRENCY BUT NOT FROM FOREX COMPUTER
a couple of things.
first I use gomarkets and they were great but now oct 18 I can no longer trade with them, unless my net value is 10 mil.
as for the scam thing here is my opinion.
The “smart money” out there knows how to move the markets to there benefit. they are able to drive price to a level where stops would be collecting. there are some common areas for example 2 pips past the last high or low. they can look at support and resistance levels and identify areas where order flows would be. they manipulate the markets by taking advantage of these areas and also by “faking out” less experienced traders for example they will buy and move the market up only to sell off and cause the markets to drop. incidently I am talking about central bank level players not retail traders.
Another thing traders tend to do is to try and “catch” a move that is already done but they dont realize it.
Fact is there are ways to trade in sync with the markets and on this forum I would suggest you pay attention to theinnercircle’s thread because honestly his methods are profitable and you will get a fuller understanding of how the markets actually move.
Take it for what its worth, its only my two cents.
It’s not for the weak-minded. Before you make a decision to become a forex trader, you must be ready to risk your time and money.And you’ll be happy doing it.
If you’ve ever withdrawn forex money,:D:D:D:? You’d know what I mean.
You sound like you are too sure that forex is a scam market…Well that’s your psychological make up,don’t assume that it’ll be the same with every other person.
I registered in this forum so I would chart with people like you while my trade is going on, but some people registered to become better @ what they do, while some registered to cause nuisance, etcetera etcetera.
Did you notice EURUSD downtrend from December 2009 to May 2010. People made a lot of money in december alone. Now tell me how your broker can manipulate that.
Let me clear your doubt a little bit. For brokers to manipulate millions of people’s account ,there has to be millions of employees to manage every account,because some are buying and some are selling, so you go long and they start hunting you,what about those people that sold?
If you agree with me that trading is a psychological game then you’ll believe that LIVE account is not the same with demo,Because live money comes with a lot of emotions and you set tight stop loss hoping it won’t get hit.
Brokers will start monitoring your trade when you withdraw so much that if time is not taken ,you’ll make them go bankrupt.That is when you apply your IQ to spread your accounts.
