Originally Posted by
;
I trully love you attempting to assist me in this matter, but I'm still trying to understand how exactly a broker could rip off someone and get away with it with no shred of proof. I'm trying to get more clarity on this issue, although I am really not trying to challenge you here . When folks talk of price manipulation is that for all of the broker's customers? Or is it manipulation tailored to every customer? If it's manipulation tailored to every order, then obviously the manipulation could be shown at a chart from the broker. And if the manipulation is for all of the broker's customers, then the broker's charts should be so far off from Forex charts that the corruption should be self-evident. (I think someone did so with Crown Forex after, however, Crown Forex was broadly known to be a bucket task.)
I recently got a buddy into Forex, and he rushed into the market with money. Naturally, he made of the obvious greedy-newbie mistakes and wiped his account out very quickly. Later on, I then mentioned to him that some Forex traders feel that brokers somehow cheat, and he was convinced that he was cheated also (he did not feel that risking 40% of his equilibrium on a single trade was a bad thing.) That got me to considering the dilemma of broker-cheating: How much of it's TRUTH, and just how much of it is simply SOUR GRAPES?