Why I include Tradestation as a way to potentially lose money? Market maker or selling your order flow anyone?
Someone asked me:
Bryan sorry to hear that person had a bad experience with an FX broker. Serves as a warning that you need to be careful who you do business with (especially so in the FX world) but I see nothing in their comments that mentions ninja trader or Tradestation. What was your reason for including them?
From: https://quantlabs.net/blog/2014/06/will-retail-trading-platforms-like-tradestation-metatrader-and-ninja-trader-actually-make-you-lose-money/
My response:
Simple, Tradestation is tied to itself as the broker. Basically, I don’t try brokers so pick the least corrupt which is Interactive Brokers. Call it market making manipulation or selling their order flow.
Join mey FREE newsletter on the proper way to trade
NOTE I now post my
TRADING ALERTS into my personal
FACEBOOK ACCOUNT and
TWITTER. Don't worry as I don't post stupid cat videos or what I eat!