MarvinS said:I worked at finspreads for 4 years and not one client was closed for being to good. However i could be totally wrong as things could have changed since i left. I am afraid the whole title of this thread Capital Spreads exposed is based on paranoid traders that have an obscession with SB firms making or not making from them. It is hard enough trying to make money from the markets + having the opinion that SB firms are against you. If you are not happy trading with your SB firm look elsewhere or trade with a futures broker. The bottom line is make money or get out, small piece of advice do not waste your time or money, unless you make. Honore de Balzac wrote"the gambling passions lurk in all of us". I saw a client win £500,000 and was not closed out! Win or leave trading Cap spreads is no bucket shop.
Regards
MarvinS
MarvinS said:So does it come down to spread?
jas-105 said:Direct Market Access , in my mind , is probably the best bet because they replicate very closely what the "pros" do !
Hope we are not going to get too "Holier than Thou". on this. PLC's are to blame- along with shareholders and consumers all the way down the line.fxmarkets said:hmm not sure about legal issues but moral with regards to heavy PLC's using exploiting child labour and third world slave labour to enhance western/Uk shareholders bottom line? the investors?, instituitions ,where do they stand as collective in regards to human costs verses , business costs affecting cost of goods sold?
look at all that silly non sense recently about the EU holding imports up at the docks from the asian side of the world, free trade agreements set up years back, Free trade? , My Ass
On my sunday soap box....![]()
ohh I forgot to add, these PLcs when exposed to the practices of exploiting child labour etc, announced how dreadful it all was a mistake etc. and vowed (boasted?) to get and position green with it all...
Fx.
MarvinS said:I am late for the London Marathon, wish me luck.....
MarvinS said:Jason, If i quote you 6124-6125 and IG quote you 6126 - 6128 you can buy with me and sell with IG. You are guarenteed to make 1 tick at expiry on the cash contract. If you placed a trade on the rolling contract you would simply be rolled into the next days contract and if you wanted to close this out, you would have to pay a closing spread i.e. no arb. Good luck getting your head around it, Red bull gives you wings!