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?
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 ).
? 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.
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.