Comments on: Someone Else Slamming Forex http://theessentialsoftrading.com/Blog/index.php/2009/11/09/someone-else-slamming-forex/ Information and resources for those looking to learn about trading and the markets Sat, 04 Feb 2012 14:17:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: jay http://theessentialsoftrading.com/Blog/index.php/2009/11/09/someone-else-slamming-forex/#comment-15297 jay Tue, 10 Nov 2009 16:32:25 +0000 http://www.theessentialsoftrading.com/Blog/?p=1476#comment-15297 As soon as service is restored, I'll dig out the link...but it will just frustrate you. As soon as service is restored, I’ll dig out the link…but it will just frustrate you.

]]> By: John http://theessentialsoftrading.com/Blog/index.php/2009/11/09/someone-else-slamming-forex/#comment-15294 John Tue, 10 Nov 2009 12:29:23 +0000 http://www.theessentialsoftrading.com/Blog/?p=1476#comment-15294 Jay - Where's that LinkedIn conversation? I wouldn't mind a bit of a laugh. :-) Jay – Where’s that LinkedIn conversation? I wouldn’t mind a bit of a laugh. :-)

]]> By: jay http://theessentialsoftrading.com/Blog/index.php/2009/11/09/someone-else-slamming-forex/#comment-15292 jay Tue, 10 Nov 2009 07:03:53 +0000 http://www.theessentialsoftrading.com/Blog/?p=1476#comment-15292 Funny how even people with a lot of money at risk, who are presenting the image of being experienced fund managers or at least people who trade real size, are blaming the broker when their stops are hit. Lots of complaining over at LinkedIn about a 3 pip variance in feeds -- which isn't much if you are looking at ECN, broker and interbank feeds. I tried to explain this in the thread, but everyone was so convinced that the broker moved the price three pips to get at this ONE guy's stops. Hilarious. And then the bomb was dropped -- the dude didn't know whether he should look at the bid or the ask on his short trade stop loss price. LMFAO! His clients need to RUN AWAY! Anyway, I'm not surprised the authors got it so wrong. Journalists are generally sloppy these days. You know, content over quality and all that good stuff we are taught nowadays -- from schools of journalism to schools of business. Sad, really. Funny how even people with a lot of money at risk, who are presenting the image of being experienced fund managers or at least people who trade real size, are blaming the broker when their stops are hit.

Lots of complaining over at LinkedIn about a 3 pip variance in feeds — which isn’t much if you are looking at ECN, broker and interbank feeds. I tried to explain this in the thread, but everyone was so convinced that the broker moved the price three pips to get at this ONE guy’s stops.

Hilarious. And then the bomb was dropped — the dude didn’t know whether he should look at the bid or the ask on his short trade stop loss price.

LMFAO!

His clients need to RUN AWAY!

Anyway, I’m not surprised the authors got it so wrong. Journalists are generally sloppy these days. You know, content over quality and all that good stuff we are taught nowadays — from schools of journalism to schools of business. Sad, really.

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