Forex Trading #1: Retail Market Makers … Beware

www.forexcoachingpros.com http Stephen Story (FX Trader, Author, and Coach) gives tips and advice regarding what kind of broker the beginning Forex trader should employ. Your forex strategy and forex trading system is totally effected by the kind and type of broker you employ. Part of being a forex strategist is knowing who you are trading against on the other side.

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Posted in: forex trading signal

Tags: Beware, forex, Makers, Market, Retail, Trading

This entry was posted on Tuesday, March 23rd, 2010 at 2:52 am and is filed under forex trading signal. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

19 Responses to “Forex Trading #1: Retail Market Makers … Beware”

advancedwarfighter07 March 23rd, 2010 at 3:25 am

Stephen Story is more interested in making people feel successful, rather than actually making them successful. His education is plagarised from most resources that are offered for free online.

ForexCoachingPros March 23rd, 2010 at 3:49 am

You are welcome.

ForexCoachingPros March 23rd, 2010 at 4:14 am

Interbankfx is an agressive Market Maker who turns control of the trade platform over to their liquidity provider so they can claim to have no dealing desk. They are not an ECN broker, and the delay tactics of their liquidity provider are frequent.

ForexCoachingPros March 23rd, 2010 at 4:44 am

Listen to all of the Tips on Trading videos and you will get the answers, but here are a few.
MBTrading (Bad Charts, but $400 Micro account)
PFGBest Direct (ask for Ricardo or Patrick and tell them Stephen Story sent you. They will allow you to start as low as $1000 deposit in a Mini account. $2000 minimum is best for Minis).
…..Stephen Story

ForexCoachingPros March 23rd, 2010 at 5:09 am

I agree with most of what has been said about MB Trading, accept that it’s best to start with a small amount, rather than a larger amount in a live account. Never test your emotions on a large account. Put the majority of your $ to the right education that will teach you to multiply a small amount of $ into a lot, in a short period of time. Never take much risk in live trading. Low risk means less emotional interference …Stephen Story

pomp0nnette March 23rd, 2010 at 5:51 am

You’re not giving any advice on which broker to choose apart from the retail broker.
What are your views on Interactibe Brokers btw?

lycrest15 March 23rd, 2010 at 6:37 am

thanks…

SDRockman March 23rd, 2010 at 7:31 am

I want to hear from ForexCoachingPros as who is considered a retail market broker? Alpari? FXDD? Can you name some brokers please? Everybody leaving comments on this video are asking the same thing, so I think you should name brokers….

905Ballerstatus March 23rd, 2010 at 7:34 am

Thanks for the videos. Im watching everyone from # 1. How can you beat brokers? Become smarter than them? Now let them beat you?

s3063215 March 23rd, 2010 at 8:04 am

all the fx …same??

elwalvador March 23rd, 2010 at 8:29 am

Is it possible to start trading with MB with as little as $300?

jdg87 March 23rd, 2010 at 8:37 am

how about Interbank FX?

hotsex83 March 23rd, 2010 at 8:45 am

is it safe to give particulars to other people?

asysqa March 23rd, 2010 at 9:42 am

you have to go to an ECN broker… I use MB Trading….in El Segundo California…their platform is difficult…but spread and executions are good…good luck…

haritashi March 23rd, 2010 at 10:22 am

I hear this all the time yet no one out there will tell you which broker to use. Why? If they know so much, why don’t they tell us which broker is honest?

mrhazel March 23rd, 2010 at 10:38 am

MBT
ATC

questyfilms March 23rd, 2010 at 11:35 am

so where do the little guys go..?

dex38holland March 23rd, 2010 at 12:14 pm

I totally agree.

smartforextrader March 23rd, 2010 at 12:52 pm

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