Can we trust market makers (DD)?

This is a discussion on Can we trust market makers (DD)? within the Forex Brokers forums, part of the Commercial category; Originally Posted by Alifx Can we trust a market maker broker, is there such thing as a good dealing desk? ...

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Old Aug 22, 2017, 8:12pm   #16
Joined Oct 2008
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Originally Posted by Alifx View Post
Can we trust a market maker broker, is there such thing as a good dealing desk?
You can trust them if you are one of the 90% that loses money trading.

If you are a winner, google for 'non dealing desk'.

Btw, this is such an important topic, that the mods should consider making it 'stick'.
The Conflict of Interest is so glaring.
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Old Aug 23, 2017, 6:20am   #17
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Originally Posted by parthaab View Post
You can trust them if you are one of the 90% that loses money trading.

If you are a winner, google for 'non dealing desk'.

Btw, this is such an important topic, that the mods should consider making it 'stick'.
The Conflict of Interest is so glaring.
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Old Aug 23, 2017, 10:06am   #18
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Originally Posted by wisefoolx View Post
Every time this topic is discussed the conclusion is that low-capitalized traders won't ever get access to interbank market due to low commissions generated for a broker. Still there are these useless talks.
You can be consistently profitable with market maker, till your profits don't hit their pocket. If you make 10K monthly you are certainly not a friend to this broker as they pay this from others' losses.
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Old Aug 23, 2017, 2:27pm   #19
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Originally Posted by gerryg View Post
Every time this topic is discussed the conclusion is that low-capitalized traders won't ever get access to interbank market due to low commissions generated for a broker. Still there are these useless talks.
You can be consistently profitable with market maker, till your profits don't hit their pocket. If you make 10K monthly you are certainly not a friend to this broker as they pay this from others' losses.
True.

It is such an important issue, and yet it takes such a long time for a newbie to the forum to understand how the brokers work!

Wish the mods make a sticky for this issue, which affects short term traders ( which is almost all of us on trade2win )
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Old Aug 23, 2017, 3:20pm   #20
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Originally Posted by parthaab View Post
True.

It is such an important issue, and yet it takes such a long time for a newbie to the forum to understand how the brokers work!

Wish the mods make a sticky for this issue, which affects short term traders ( which is almost all of us on trade2win )
Nonsense.
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Old Aug 24, 2017, 9:47am   #21
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Originally Posted by EnlightenedJoe View Post
Nonsense.
I was agreeing with the above post.
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Old Aug 24, 2017, 2:45pm   #22
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Originally Posted by EnlightenedJoe View Post
Nonsense.
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Old Sep 8, 2017, 12:25pm   #23
Joined Feb 2016
The point is how will you spot that you are trading with a DD/market maker broker? And if you have chosen to be with these DD then you are a nonsense i guess.. Broker selection is hard and getting more harder every day because there are so many new brokers coming in to this market and many at the same time winding up too, so better to do a little research before finalizing the right broker.
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Old Sep 12, 2017, 7:41pm   #24
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Originally Posted by EnlightenedJoe View Post
Nonsense.
Building intelligent discussion is hard when such peers join :thumbs:

Anyway we should count only own contributions
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Old Sep 12, 2017, 10:32pm   #25
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Originally Posted by gerryg View Post
Building intelligent discussion is hard when such peers join :thumbs:

Anyway we should count only own contributions
He was spamming for non-broker based trading. He appears to be done and gone.

The point is it makes no difference who is on the other side of your trade, be they a broker, a MM, or a bank. You try to take their money. So they take your money first because they are better informed, better equipped, and better funded. For the few who can succeed, you can wait for them to take someone else's money. You could pick up some dropped money from the ensuing scuffle, run away with it before their attention returns to you.

Can we trust a MM ? No, nor can we trust anyone else that is on the other side. The relationship is always in conflict of interest.
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Old Oct 28, 2017, 9:07am   #26
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Originally Posted by EnlightenedJoe View Post
He was spamming for non-broker based trading. He appears to be done and gone.

The point is it makes no difference who is on the other side of your trade, be they a broker, a MM, or a bank. You try to take their money. So they take your money first because they are better informed, better equipped, and better funded. For the few who can succeed, you can wait for them to take someone else's money. You could pick up some dropped money from the ensuing scuffle, run away with it before their attention returns to you.

Can we trust a MM ? No, nor can we trust anyone else that is on the other side. The relationship is always in conflict of interest.
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Old Oct 29, 2017, 2:48pm   #27
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Originally Posted by EnlightenedJoe View Post
He was spamming for non-broker based trading. He appears to be done and gone.

The point is it makes no difference who is on the other side of your trade, be they a broker, a MM, or a bank. You try to take their money. So they take your money first because they are better informed, better equipped, and better funded. For the few who can succeed, you can wait for them to take someone else's money. You could pick up some dropped money from the ensuing scuffle, run away with it before their attention returns to you.

Can we trust a MM ? No, nor can we trust anyone else that is on the other side. The relationship is always in conflict of interest.

So following your statement retail forex industry is a bunch of scam artist and making money in forex trading consistently is big hype?
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Old Oct 29, 2017, 3:09pm   #28
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So following your statement retail forex industry is a bunch of scam artist and making money in forex trading consistently is big hype?
All industries are profit seeking businesses. Businesses are not scams. They are there to serve demands. If people demand to gamble, they will have their demands met.

Consistent money making by internet "traders" is about 99.9% hype, unless I see evidence for otherwise. I know with 100% certainty there is at least one person who makes profit from forex consistently and gets paid at 9PM GMT winter time sharp, even on Christmas day.
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Old Oct 29, 2017, 4:33pm   #29
 
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All industries are profit seeking businesses. Businesses are not scams. They are there to serve demands. If people demand to gamble, they will have their demands met.

Consistent money making by internet "traders" is about 99.9% hype, unless I see evidence for otherwise. I know with 100% certainty there is at least one person who makes profit from forex consistently and gets paid at 9PM GMT winter time sharp, even on Christmas day.
u mean santa trades
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Old Jan 15, 2018, 6:49pm   #30
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Originally Posted by EnlightenedJoe View Post
All industries are profit seeking businesses. Businesses are not scams. They are there to serve demands. If people demand to gamble, they will have their demands met.

Consistent money making by internet "traders" is about 99.9% hype, unless I see evidence for otherwise. I know with 100% certainty there is at least one person who makes profit from forex consistently and gets paid at 9PM GMT winter time sharp, even on Christmas day.
Gamble is irrational demand which simply conceals frustration at the end. Fair is demand when consumer enjoys after consuming a good, even on the long distance of the existence of a business.
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