How To Tell if Your Broker is Hunting Stops

StandingCow

Recruit
Messages
2
I found out about this info from Cindy of topforexreview.com and thought I would share it with everyone.

[[How to tell if your broker hunts stops.

Open a real or demo account at Dukascopy
and watch their price feed at the same time you watch the price
feed at your broker, or multiple brokers. At one point I used
to watch 6-7 different price feeds at one time but now only 2-3.
At news time you will see the manipulation the most. The other
brokers will widen spreads, even brokers like Gain Capital who say
they are now a pass through broker but is not. Unlike a true pass
through broker like Dukascopy won't have their spreads get wide
at news time, it will just be fill or kill with your order if you
try to spike news trade.

WARNING: Most brokers do not hunt stops on demo accounts, so you
must keep watching your live account, but you can compare it
to Dukascopy's demo account becuase they have never hunted my stop.
And no I am not a rep for Dukascopy.

Now here is the interesting point, watch price on all the brokers
as it hits major support and resistance levels and a very
high percentage of time you will see "price" spike on the bad
brokers. That means they are hunting your stops. You will be
shocked how often you will see it, even 5 pips off to me is
not excusable and it should not be to you also. They do
this because they are trading against you and make money every
time you lose. Please don't email me a lot of questions because
I really don't have time to explain it more, just watch lots of
broker's price feeds and you will learn. I already have heat
from many brokers on my bad list and telling the truth now will make
it worse but I am not afraid. I really want to help all you new
traders that did not know what I just explained.]]
 
Last edited:

Pharaoh

Colonel
Messages
19,743
Watching the differences in price feed between any two brokers can definitely be an eye opener.

The truly sick thing is that there are reports that some brokers actually can arrange slight differences in price feed between different live accounts.
 

champion

Recruit
Messages
5
I found out about this info from Cindy of topforexreview.com and thought I would share it with everyone.

[[How to tell if your broker hunts stops.

Open a real or demo account at Dukascopy
and watch their price feed at the same time you watch the price
feed at your broker, or multiple brokers. At one point I used
to watch 6-7 different price feeds at one time but now only 2-3.
At news time you will see the manipulation the most. The other
brokers will widen spreads, even brokers like Gain Capital who say
they are now a pass through broker but is not. Unlike a true pass
through broker like Dukascopy won't have their spreads get wide
at news time, it will just be fill or kill with your order if you
try to spike news trade.

WARNING: Most brokers do not hunt stops on demo accounts, so you
must keep watching your live account, but you can compare it
to Dukascopy's demo account becuase they have never hunted my stop.
And no I am not a rep for Dukascopy.

Now here is the interesting point, watch price on all the brokers
as it hits major support and resistance levels and a very
high percentage of time you will see "price" spike on the bad
brokers. That means they are hunting your stops. You will be
shocked how often you will see it, even 5 pips off to me is
not excusable and it should not be to you also. They do
this because they are trading against you and make money every
time you lose. Please don't email me a lot of questions because
I really don't have time to explain it more, just watch lots of
broker's price feeds and you will learn. I already have heat
from many brokers on my bad list and telling the truth now will make
it worse but I am not afraid. I really want to help all you new
traders that did not know what I just explained.]]
good for you standing cow, i would like to hang all these illegal brokers to the nearest tree. im glad your not afread of those bastardly Broker thiefs.,what in the He-- are they doing playing around with, manipulating spreads, they should be put in Jail for on-line Stealing in front of millions of traders,. i will do all i can to put those stealing Bastards out of business, and behind bars... Take Care Champion
 

Cyclon

Company Representative
Messages
300
The Matrix?!

The truly sick thing is that there are reports that some brokers actually can arrange slight differences in price feed between different live accounts.
Wow, if that is true then it's kinda like the MATRIX!! Feed each person what they want to believe. Too much!!

Well there is still only one way to put a stop to it and that is to have a system which will put you into the trade like you should be. Check this interesting excerpt:
http://www.forexpeacearmy.com/forex-forum/general-forex-talk/775-best-chart-4-forex.html

If you are not in it right you probably WILL get stopped out with all the volatility. No way I'm gonna let them do it to me (not that they haven't in the past) anymore. supertradesystem all the way!

Cyclon declares war. LOL :hissyfit:
 

Mugwump

Recruit
Messages
3
When

will this industry become regulated? Why hasn't it happened? Is it because us little people have only been able to trade forex for a few years running now?
 

alanshawn

Private
Messages
16
Mugwump
It is to hope that industry will NEVER be regulated.Otherwise it will the end of it.Its simply human nature at work.Get out of the golden cage.Dont think I am defending the crooks.We are all responsible for our own life and we fix problems ourselves without any government intervention,Thanks God.
If you want to become a trader change first your way of thinking
 

OzWizard

Corporal Punishment
Messages
88
What are you SMOKING???

Mugwump
It is to hope that industry will NEVER be regulated.Otherwise it will the end of it................change first your way of thinking
REGULATION WILL BE THE END? :eek:oh:

hmmmm, bye-bye CME, CBOT, NYSE ???? ;)

O Z 'in I AM IN DENIAL land'
 

alanshawn

Private
Messages
16
HOW ARE YOU READING?
There are huge differences in mental conceptions between eastern european and north american languages.
 

OzWizard

Corporal Punishment
Messages
88
Last time I checked......

HOW ARE YOU READING?
There are huge differences in mental conceptions between eastern european and north american languages.
..... your post was written in ENGLISH! I assume it is N. American english?

Where's the (mis) conception? You stated 'REGULATION', fairly straight forward, easy to comprehend TERM!!!!

I will not engage you in a 'Battle of Wits'..... as I (see below)

O Z in "never fight an unarmed man" LAND :D

PS - I am a good 'ol Yankee living the high life here, EE mentality has
nothing to do with IT!! :p
 

Pharaoh

Colonel
Messages
19,743
Oz prefers to trade in the futures markets, which are highly regulated.

In general (not just in financial terms), more regulations make things safer, but also tend to stifle freedom and creativity.

Sadly, a lot of forex brokers user their freedom and creativity to find new and more efficient ways to freely and creatively extract money from clients.
 
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