Comments on: October 3, 2008 http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/ Research. Analysis. Trading. Sun, 07 Dec 2008 22:43:56 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Ross http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-32 Ross Tue, 14 Oct 2008 04:29:41 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-32 Thank you I'll get in touch with them Thank you I’ll get in touch with them

]]> By: Ross http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-361 Ross Tue, 14 Oct 2008 04:29:00 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-361 Thank you I'll get in touch with them Thank you I’ll get in touch with them

]]> By: admin http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-31 admin Tue, 14 Oct 2008 04:21:55 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-31 Ross, The model account we're using for these performance pages is the MF Global platform. They are a DMA provider that also offers desk support and they do have N.Z. clients. Ross,
The model account we’re using for these performance pages is the MF Global platform. They are a DMA provider that also offers desk support and they do have N.Z. clients.

]]> By: admin http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-360 admin Tue, 14 Oct 2008 04:21:00 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-360 Ross, The model account we're using for these performance pages is the MF Global platform. They are a DMA provider that also offers desk support and they do have N.Z. clients. Ross,
The model account we’re using for these performance pages is the MF Global platform. They are a DMA provider that also offers desk support and they do have N.Z. clients.

]]> By: Ross http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-30 Ross Tue, 14 Oct 2008 03:18:41 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-30 Thank you for that Nick. Yes I most certainly see what you mean. I'm getting eduacated at every turn. Are you aware off a user freindly DMA provider operating in NZ, that handles CFD trades ?. Thank you for that Nick.
Yes I most certainly see what you mean.
I’m getting eduacated at every turn.
Are you aware off a user freindly DMA provider operating in NZ, that handles CFD trades ?.

]]> By: Ross http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-359 Ross Tue, 14 Oct 2008 03:18:00 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-359 Thank you for that Nick. Yes I most certainly see what you mean. I'm getting eduacated at every turn. Are you aware off a user freindly DMA provider operating in NZ, that handles CFD trades ?. Thank you for that Nick.
Yes I most certainly see what you mean.
I’m getting eduacated at every turn.
Are you aware off a user freindly DMA provider operating in NZ, that handles CFD trades ?.

]]> By: admin http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-29 admin Mon, 13 Oct 2008 20:18:47 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-29 MM's are open to amending price spreads to suit themselves. I have personally been involved with two separate providers and both experiences were a shocking example of price manipulation. Another was more of an eyeopener when each morning in the opening seconds there would be a wild price spike, sometimes > 10% of the underlying, in which all stops were washed out before prices settled back to normal. I have no doubt this was done with the sole goal of cleaning out traders. I have no time for MM's, will not use them, will not recommend them and do anything to suggest people use DMA providers. Why trade in a market that is not transparent and knowing that the P&L of the provider is directly related to your own position.? MM’s are open to amending price spreads to suit themselves. I have personally been involved with two separate providers and both experiences were a shocking example of price manipulation. Another was more of an eyeopener when each morning in the opening seconds there would be a wild price spike, sometimes > 10% of the underlying, in which all stops were washed out before prices settled back to normal. I have no doubt this was done with the sole goal of cleaning out traders.

I have no time for MM’s, will not use them, will not recommend them and do anything to suggest people use DMA providers. Why trade in a market that is not transparent and knowing that the P&L of the provider is directly related to your own position.?

]]> By: admin http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-358 admin Mon, 13 Oct 2008 20:18:00 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-358 MM's are open to amending price spreads to suit themselves. I have personally been involved with two separate providers and both experiences were a shocking example of price manipulation. Another was more of an eyeopener when each morning in the opening seconds there would be a wild price spike, sometimes > 10% of the underlying, in which all stops were washed out before prices settled back to normal. I have no doubt this was done with the sole goal of cleaning out traders. I have no time for MM's, will not use them, will not recommend them and do anything to suggest people use DMA providers. Why trade in a market that is not transparent and knowing that the P&L of the provider is directly related to your own position.? MM’s are open to amending price spreads to suit themselves. I have personally been involved with two separate providers and both experiences were a shocking example of price manipulation. Another was more of an eyeopener when each morning in the opening seconds there would be a wild price spike, sometimes > 10% of the underlying, in which all stops were washed out before prices settled back to normal. I have no doubt this was done with the sole goal of cleaning out traders.

I have no time for MM’s, will not use them, will not recommend them and do anything to suggest people use DMA providers. Why trade in a market that is not transparent and knowing that the P&L of the provider is directly related to your own position.?

]]> By: Ross http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-28 Ross Mon, 13 Oct 2008 19:51:43 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-28 Hello Nick, listening too your tone of voice regarding short trading through Marketmaker Brokers, you would appeare to be against this practice. I'm very new to the Markets and have opened an Account with a MarketMaker Broker, could you expand on your view's on why perhaps I may have made the wrong choice. Hello Nick, listening too your tone of voice regarding short trading through Marketmaker Brokers, you would appeare to be against this practice.
I’m very new to the Markets and have opened an Account with a MarketMaker Broker, could you expand on your view’s on why perhaps I may have made the wrong choice.

]]> By: Ross http://www.thechartist.com.au/sharemarket/asx-commentary/october-3-2008/comment-page-1/#comment-357 Ross Mon, 13 Oct 2008 19:51:00 +0000 http://www.thechartist.com.au/sharemarket/?p=68#comment-357 Hello Nick, listening too your tone of voice regarding short trading through Marketmaker Brokers, you would appeare to be against this practice. I'm very new to the Markets and have opened an Account with a MarketMaker Broker, could you expand on your view's on why perhaps I may have made the wrong choice. Hello Nick, listening too your tone of voice regarding short trading through Marketmaker Brokers, you would appeare to be against this practice.
I’m very new to the Markets and have opened an Account with a MarketMaker Broker, could you expand on your view’s on why perhaps I may have made the wrong choice.

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