
Meanreversion,
In the past maybe, yes I have a lot of friends
that still trade at arcades, but the point you are making
could have been applicable in the past, today like Ive mentioned
in previous posts you can get the same bang for your buck at an FCM.
Like Ive said already I wont comprimize anyone, but what would you say
if you knew for a fact like I do.
1. that there are at least 2 individuals who are mangement at the most repectable
arcades who go out of the office and call brokers to put opposing positions
to the guys theyve trained up once they see them all caught the same way,
what would you say to that?
2. What would you say to me and my friends who have blatantly had arcades
try to steal their money from them when theyve tried to leave, drumming up
bogus costings adding on incorrect commission charges etc.
The point Iam making is maybe in the past things were different ,but not today
most of them are struggling and will do their damdest to try and rob you blind
given half the chance. and so my sympathy for them is gone and they are a spent
force and better deals are to be had elsewhere.
I was on the floor in the 90´s and was one of the first to trade electronic at arcades
and know the truth behind what goes on behind the scenes, and it is a murky place nowadays.