Are we going to just accpet it ? nothing we can do ?

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Old Oct 13, 2011, 5:12am   #1
 
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Are we going to just accpet it ? nothing we can do ?

Hi

I am a new trader, could any one explain....a lose is a lose , I can live with that with that , just is the the market or the broker ??
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Old Oct 13, 2011, 9:23pm   #2
Als
Joined Jul 2010
Re: Are we going to just accpet it ? nothing we can do ?

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Originally Posted by sndtrader View Post
Hi

I am a new trader, could any one explain....a lose is a lose , I can live with that with that , just is the the market or the broker ??
".........I can live with that"

so cancmc .........and even more happily......... it got your money!

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thanks for clarifying what cmc is.........
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Old Oct 14, 2011, 3:36am   #3
 
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Re: Are we going to just accpet it ? nothing we can do ?

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Originally Posted by Als View Post
".........I can live with that"

so cancmc .........and even more happily......... it got your money!

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thanks for clarifying what cmc is.........
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the trade meets my setup ,and if I am wrong the person on the other side of the trade take my money ..... or CMC take my money??!!! look at the chart on the second day today , it did not even go near my stop(as it till now asia time 10.29 ) . we already pay them spread for the commission ( i presume they already mark up or down which in any way they are making profits).

anyway, I not sure is normal for forex traders .......cheers: stay green and trade safe.
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Old Oct 14, 2011, 4:40am   #4
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Re: Are we going to just accpet it ? nothing we can do ?

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anyway, I not sure is normal for forex traders .......cheers: stay green and trade safe.
You held a position through a red flag news announcement, more specifically the AUD employment rate figure, a figure which will have some impact on the currency of it's next door neighbour NZD. When major news announcements are released you can expect volitility to pick up, and spreads to widen and fluctuate. This is normal.
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Old Oct 14, 2011, 5:48am   #5
 
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Re: Are we going to just accpet it ? nothing we can do ?

sndtrader started this thread
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Originally Posted by Barramundi View Post
You held a position through a red flag news announcement, more specifically the AUD employment rate figure, a figure which will have some impact on the currency of it's next door neighbour NZD. When major news announcements are released you can expect volitility to pick up, and spreads to widen and fluctuate. This is normal.
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IC , thk you for the advise , some good guys msg me to change to ECN , so by changing there will be no such problems ? for those who ask me to place the chart side by side here we go .......
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Old Oct 14, 2011, 6:09am   #6
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Re: Are we going to just accpet it ? nothing we can do ?

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Originally Posted by sndtrader View Post
some good guys msg me to change to ECN , so by changing there will be no such problems ?
While I would always go with an ECN broker over a market maker, even with a NDD broker spreads can and most likely will widen in times of high volitility such as during news announcements. Forecasted news announcements should be taken into consideration prior to entering trades. If you have not yet got a good grasp of these fundamental issues then I suggest you do not trade with real money.
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Old Oct 14, 2011, 6:10am   #7
Als
Joined Jul 2010
Re: Are we going to just accpet it ? nothing we can do ?

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Originally Posted by sndtrader View Post
================================================== ===========================

IC , thk you for the advise , some good guys msg me to change to ECN , so by changing there will be no such problems ? for those who ask me to place the chart side by side here we go .......
1. look at this

http://www.trade2win.com/boards/spre...questions.html

2. stop hunting is a norm in this industry(do not place stops then)

3.simply change broker and do not waste your time money and nerve energy
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Old Oct 14, 2011, 6:18am   #8
 
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Re: Are we going to just accpet it ? nothing we can do ?

sndtrader started this thread
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Originally Posted by Barramundi View Post
While I would always go with an ECN broker over a market maker, even with a NDD broker spreads can and most likely will widen in times of high volitility such as during news announcements. Forecasted news announcements should be taken into consideration prior to entering trades. If you have not yet got a good grasp of these fundamental issues then I suggest you do not trade with real money.

OK , thks ....in Hong kong here only know Interactive Brokers and MF Global are ECN are they good, the manager of HSBC told me I can trade thru them , any different if i using them ?
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