Any advice for being punished by Broker?

NexusFi · 2022-01-06T13:23:08-05:00

It happend to me too. I was long the MNQ and had already the target limit in place on the order book. The market was moving quite strong and fast and therefore, shortly before the market touched my limit I decided to add another 1 contracts for a quick scalp. But the market was moving that fast, that I was behind and/or had some delay. So when I hit into the offer I filled my on target-limit-order. ...They call it "Wash-Trade". And that is forbidden. And therefore it has to be "prosecuted" …

Discussion in Platforms and Indicators

Updated January 6, 2022

Any advice for being punished by Broker?

January 6th, 2022, 01:23 PM	#11 (permalink)
faithdefender Salem VA USA Elite Member Experience: Intermediate Platform: Oanda, NT8, TradingView Broker: Oanda, TorS Trading: Stocks, Currency Futures Posts: 175 since Jan 2019 Thanks Given: 132 Thanks Received: 122	Aw, you are right! 9 seconds. It isnt my math, but it is my math through frustration. It is one thing to know I was doing this on purpose, but it is another to not know how this is happening and therefore, may do it again and pay the price because they are not sympathetic to "why" it is happening. I am sure the commissions I pay are chump change to them, but for my family it is alot of money. (i know, do you want cheese with that whine." I pleaded with them in the email to show me how this is happening, but their recommendation was do only one order at a time. You gotta love when customer service is nothing anymore. Bob, thanks for your thoughts.