Spreadbetting Companies Want YOU to Lose? Any Thoughts - You Tube Video Link

This is a discussion on Spreadbetting Companies Want YOU to Lose? Any Thoughts - You Tube Video Link within the Spread Betting & CFDs forums, part of the Commercial category; Originally Posted by EnlightenedJoe All assets used for speculations are owned by the banks directly or indirectly. They move the ...

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Old Aug 22, 2017, 3:32pm   #46
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Originally Posted by EnlightenedJoe View Post
All assets used for speculations are owned by the banks directly or indirectly. They move the price because it is profitable and because the clueless blame the brokers.
If you're this cynical you must be a goldbug. I suggest you sell all your shares,bonds, stop speculating on Forex, and move all your money into GOLD.
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Old Aug 22, 2017, 6:28pm   #47
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Originally Posted by parthaab View Post
Gambling ( with the dice loaded against you ) at best.

Unethical practice. No regulatory body action.
Massive money, and the public is fooled into believing that it is a game of their intelligence!

There are also plenty of sock puppets and flesh puppets ( shills ), to fool people to lose their money too.

Anton says actually 90% people lose 90% money in 90 days - 90/90/90 rule!

So in 90 days, the real traders are gone! You dont hear from them anymore!
......and you believe everything Anton says ? ......
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Old Aug 22, 2017, 6:30pm   #48
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Yes, its true SB and CFD companies want you to lose, since they take the other side of your trade, because they KNOW 95% of traders are losers.
The other 5%, they hedge trades manually, exposing you to unnecessary risks.

The man in the video is right. Why did they take the video down, though?

Why else do you think the brokers are so rich?
guess .......
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Old Aug 22, 2017, 7:58pm   #49
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......and you believe everything Anton says ? ......
Firstly, what makes you think that?

This is particularly in reference to his point about brokers taking the opposite side of all trades, since 90% of traders lose money.

Do you have a problem with that? This makes it unfair for all traders who think they are trading in a 'neutral' environment, and not against a vested interest. It is no better than gambling in a casino!

Secondly, if you do have a problem with that, please make your explanation very clear, since he does also say that these mega rich companies do employ people for propaganda ( shills ).

Last edited by parthaab; Aug 22, 2017 at 8:04pm.
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Old Aug 23, 2017, 9:06am   #50
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Old Aug 23, 2017, 9:21am   #51
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Secondly, if you do have a problem with that, please make your explanation very clear, since he does also say that these mega rich companies do employ people for propaganda ( shills ).
Are you one, shill ? There's always another entity at the other side of a trade, be it a broker or bank. It make no difference who they are. They are in it to win.

To bang on about the no-broker BS is just acting as a shill for another bunch of merchants.
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Old Aug 23, 2017, 2:22pm   #52
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To bang on about the no-broker BS is just acting as a shill for another bunch of merchants.
Nonsense
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Old Aug 26, 2017, 10:37pm   #53
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? do you know how big the market is? To move the EUR/USD price even by a fraction of a percent would take billions. No SB companies have the resources to risk this much money just to move the market to their favor. They could manipulate the price seen on the screen by a few pips, but even if they do this too often they would soon be caught out, considering most traders might have multiple screens open obtaining quotes from various sources, some kind of discrepancy like this would easily be found out.

Agreed.
I think the idea of SB and CFD companies moving the forex market to hunt some stops has always been a myth.
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Old Aug 27, 2017, 7:26pm   #54
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Nonsense
Agreed, either he hasn't heard of a stock/futures/commodities or can he really be that ill-informed.
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Old Aug 27, 2017, 7:28pm   #55
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Agreed.
I think the idea of SB and CFD companies moving the forex market to hunt some stops has always been a myth.
This is false, any MM does not need to move no market in order to trigger your stop and I think you know this but are seemingly pro-SB company.

I wonder why - paid shills, are you one of them ?
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Old Aug 27, 2017, 7:36pm   #56
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Agreed, either he hasn't heard of a stock/futures/commodities or can he really be that ill-informed.
Nonsense. There is a counterparty for a stock/futures/commodities trade. The assets don't grow on trees.
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Old Aug 27, 2017, 9:16pm   #57
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This is false, any MM does not need to move no market in order to trigger your stop and I think you know this but are seemingly pro-SB company.

I wonder why - paid shills, are you one of them ?

I wish.
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Old Aug 27, 2017, 9:18pm   #58
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This is false, any MM does not need to move no market in order to trigger your stop and I think you know this but are seemingly pro-SB company.

I wonder why - paid shills, are you one of them ?

I know SB firms move spreads about every day, I see it every day. But if any new trader is trying to trade on such a tight margin for error that it could be negated by opening spreads, he's a fool who deserves to be parted from his money.
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Old Aug 28, 2017, 2:40pm   #59
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Please understand one thing here folks: the issue is NOT about market manipulation.

The issue is of brokers having a vested INTEREST in YOU losing, and the strategy they employ to exploit you. Their gain must mean your loss.

This is the way it works: Heads I win, tails you lose
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Old Aug 28, 2017, 2:44pm   #60
 
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Originally Posted by parthaab View Post
Please understand one thing here folks: the issue is NOT about market manipulation.

The issue is of brokers having a vested INTEREST in YOU losing, and the strategy they employ to exploit you. Their gain must mean your loss.

This is the way it works: Heads I win, tails you lose
Theres things called 'liquidity providers', the only time youll be a problem for your broker is if your efforts damage their relationship.
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