Odd

Feb 21, 2017
74
4
18
#1
Hi All

Just a quick one like many others I see the market move quickly against you the second a trade is placed.

Happens all the time and never in my favour, however today as usual the same happened and seeing a move happen on the AUS/USD I placed a trade both sell and forced buy to have 2 positions in opposite directions and guess what no movement for the last hour just a tick 1 way then the other. Is it me or are IG Index playing silly buggers something I have thought fro a long while ...... Just a thought
 

tomorton

Well-known member
Feb 28, 2002
7,086
920
173
62
Exeter
#2
Just a thought but is the discrepancy accounted for by the spread? That would always put you in the red with no change to charts or quotes.
 

Emini-mouse

Active member
Mar 9, 2007
113
12
28
Matlock
#3
Hi All

Just a quick one like many others I see the market move quickly against you the second a trade is placed.

Happens all the time and never in my favour, however today as usual the same happened and seeing a move happen on the AUS/USD I placed a trade both sell and forced buy to have 2 positions in opposite directions and guess what no movement for the last hour just a tick 1 way then the other. Is it me or are IG Index playing silly buggers something I have thought fro a long while ...... Just a thought
Set up IG demo account (in another name)
When you trade have demo open
Compare
 
Feb 21, 2017
74
4
18
#4
No the market simply stalled, would move a tick one way think about it then move the other a tick. A few mins can go with but to stall for a hour seemed strange
 
Feb 21, 2017
74
4
18
#5
Set up IG demo account (in another name)
When you trade have demo open
Compare
Sounds like a good idea , I did check against Intertrader and they where a good 2 points different so I wonder

PS

Still no movement either way
 

Brumby

Well-known member
May 25, 2012
600
137
53
#6
Hi All

Just a quick one like many others I see the market move quickly against you the second a trade is placed.

Happens all the time and never in my favour, however today as usual the same happened and seeing a move happen on the AUS/USD I placed a trade both sell and forced buy to have 2 positions in opposite directions and guess what no movement for the last hour just a tick 1 way then the other. Is it me or are IG Index playing silly buggers something I have thought fro a long while ...... Just a thought
If you think the market or the broker is always out to get you then that becomes part of your belief system. In the words of Van Tarp "You do not trade the market, you trade your beliefs about the market". Be mindful of the dispositional affect when making trade decisions.

I have a question for you. What do you see in the following words?

OPPORTUNITIESARENOWHERE
 
Jan 15, 2017
65
1
18
#7
I know exactly what your saying. It does happen all the time. I cant explain it either. But as soon as you place a sell market order for example it stalls and shoots the other direction. It very clear to see that happen on the 1 min or 30 sec charts. Its like your positon acts as resistance. Its manipulated to go against you, besides who wants you to take their money, no one of course so, they'll do all they can to stop you winning and get you in to margin call or bully you to closing your position.

The market will make you bleed for all you have. Retail traders will lose, and your emotions will play with you, so you end up doubling up and lose more.

Dont leave the day job.
 

Brumby

Well-known member
May 25, 2012
600
137
53
#8
I know exactly what your saying. It does happen all the time. I cant explain it either. But as soon as you place a sell market order for example it stalls and shoots the other direction. It very clear to see that happen on the 1 min or 30 sec charts. Its like your positon acts as resistance. Its manipulated to go against you, besides who wants you to take their money, no one of course so, they'll do all they can to stop you winning and get you in to margin call or bully you to closing your position.

The market will make you bleed for all you have. Retail traders will lose, and your emotions will play with you, so you end up doubling up and lose more.

Dont leave the day job.
I do agree with your description on the general outcomes of most retail traders but not the causality. For example, if you are frequently having margin call issues that is because you have a position sizing problem relative to your equity. Don't blame your broker.
 
Jan 15, 2017
65
1
18
#9
I do agree with your description on the general outcomes of most retail traders but not the causality. For example, if you are frequently having margin call issues that is because you have a position sizing problem relative to your equity. Don't blame your broker.
My broker is a market maker and offers 500:1 leverage. So they know what's going to happen to their customers account. They just enticing the retailer to play. Then take you to the cleaners. That not being naïve either.
 

Brumby

Well-known member
May 25, 2012
600
137
53
#10
My broker is a market maker and offers 500:1 leverage. So they know what's going to happen to their customers account. They just enticing the retailer to play. Then take you to the cleaners. That not being naïve either.
Naivety is believing that one can trade a 500:1 leverage position and not get busted. Victimhood mentality is blaiming the broker for offering it because one is stupid enough to take it up. The road to recovery is responsibly acknowledging the above.
 
Jan 15, 2017
65
1
18
#11
Naivety is believing that one can trade a 500:1 leverage position and not get busted. Victimhood mentality is blaiming the broker for offering it because one is stupid enough to take it up. The road to recovery is responsibly acknowledging the above.
Why defend the brokers, they're all part of this massive financial manipulation. Yes they provide the platform, but they want some thing in return and bringing us into the game.

The banks, hedge funds, Market makers are all on the same team. Playing against the Retailers. Poor you and me. Statistics don't lie 90% of retail traders will lose.

To the original poster, be very aware of the pit fall. You aint going to the the 10%. Sorry just reality.
 

Brumby

Well-known member
May 25, 2012
600
137
53
#12
Why defend the brokers, they're all part of this massive financial manipulation. Yes they provide the platform, but they want some thing in return and bringing us into the game.

The banks, hedge funds, Market makers are all on the same team. Playing against the Retailers. Poor you and me. Statistics don't lie 90% of retail traders will lose.

To the original poster, be very aware of the pit fall. You aint going to the the 10%. Sorry just reality.
I have no vested interest with platform providers and I don't disagree with the statistics that 90 % of retail traders loose money. I have a problem with ignorant gamblers and traders who take outsized risk through leverage and blame the system for their own failures.
 

Kaeso

Active member
Oct 4, 2015
862
92
38
#13
My broker is a market maker and offers 500:1 leverage. So they know what's going to happen to their customers account. They just enticing the retailer to play. Then take you to the cleaners. That not being naïve either.
it IS being naive actually; they allowed you to take yourself to the cleaners, they didn't do the taking :)
 
Last edited:
Likes: tomorton