Disliked{quote} I fear that if they modify the the price at the time when the entry/exit is made and since I would not know what the price they think it should be, it would cause my opened and closed trade from profit to loss.Ignored
DislikedIncorrect, orders might not even have been opened in the first place since the incorrect feed could have sent false signals for entry. Therefore by just modifiying the price at opening and/or closing would definitely affects the profit/loss. No matter how they spin it, traders are on the losing end and are at a their mercy.Ignored
This is WHY I have advocated in my previous post in the other thread the following when responding to Itrain:
"The regulators across the world KNOWS that's the problem; they even came up with regulations forbidding forex brokers trading against their clients BUT they don't really put in any REAL solutions to replace those casino brokers which is a REAL central Exchange for trading Spot foreign currencies which actually happened at one time but with no regulatory backings, it just went away. With a real central exchange for spot foreign currency trading, ALL of those brokers aside from the REAL ECN brokers would ALL disappear as traders would trade directly with the LP's with complete price and transactional transparencies knowing EXACTLY who the counterparties to their trades are and prices of ALL the pairs would be EXACTLY the same across ALL brokers all around the world and with the brokers just extending some margins and order routing very much the same like trading in other instruments. Only in that environment, traders would stand a chance in making money IF you REALLY have a winning trading strategy. "
Make your losses in demo. Earn your profits live.
1