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this is totally wrong. You're not trading against your broker, as is the common practice in forex. Your order is filled at the exchange at the best available bid/offer, based on your position in the queue. And GLOBEX orders can be tracked from the moment they are placed to the moment they are filled. There is transparency if you ever want to question a fill
Can you help answer these questions from other members on NexusFi?
I think some of the posters on this thread might benefit from reading the CBOT or CME Handbook.... Either one will do. The Keywords are "clearing" and "price discovery"....
Casa Mania asked about the costs related to trading.
I interpeted that question as a question related to surviving the costs of trading.
I wanted to point out that as "retail" traders we trade against professional money.
So, I am not arguing anything, I am just simply trying to point out to Casa Mania that his trading costs are the least of his problems.
Sorry to say that if Casa Mania falls into the 95% of us who do not survive the first year, he will not point to his trading costs as "what blew up his account"
This is a friendly post, please feel free to disagree with me, as I am often "WRONG"
I didnt click unsubscribe on this post... but before I leave for good...
actually, you can not compete with pro's... you compete against those that are pro-wannabe's that used to be newbies and feed the markets ... you feed the pro's as they transfer funds from your account into theirs, that is not competition... dont take me wrong, there will always be someone who knows more than you, or me, or anyone else... there is always a bigger shark lurking on the ocean...
understatement of the century... specially when @Lornz is telling you where you can educate yourself a bit more so you dont spew out senseless rethoric ... I guess ignorance is bliss...