{"id":1388,"date":"2018-07-10T18:20:06","date_gmt":"2018-07-10T17:20:06","guid":{"rendered":"http:\/\/www.wasteyourtime.co\/?p=1388"},"modified":"2020-07-08T13:22:56","modified_gmt":"2020-07-08T12:22:56","slug":"broker-you","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2018\/07\/broker-you\/","title":{"rendered":"Broker and You! Fighting or cooperating?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/broker-you\/#The_broker_is_known_as_a_market_maker_and_market_maker_takes_the_other_side_of_your_trade\" >The broker is known as a market maker and market maker takes the other side of your trade.<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/broker-you\/#By_Gorica_Gligorijevic\" >By Gorica Gligorijevic<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/broker-you\/#How_does_your_broker_see_you\" >How does your broker see you?\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/broker-you\/#But_WHY\" >But, WHY?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/broker-you\/#Honestly_and_fortunately_the_majority_of_brokers_dont_take_the_other_side_of_your_trades\" >Honestly and fortunately, the majority of brokers don&#8217;t take the other side of your trades.<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"The_broker_is_known_as_a_market_maker_and_market_maker_takes_the_other_side_of_your_trade\"><\/span><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1389 size-full\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/07\/alert-1-e1531242949108.jpg\" alt=\"Broker and You! Fighting or cooperating?\" width=\"700\" height=\"494\" srcset=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/07\/alert-1-e1531242949108.jpg 700w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/07\/alert-1-e1531242949108-300x212.jpg 300w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/07\/alert-1-e1531242949108-370x261.jpg 370w, https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/07\/alert-1-e1531242949108-424x299.jpg 424w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><br \/>\n<strong>The broker is known as a market maker and market maker takes the other side of your trade.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h6><span class=\"ez-toc-section\" id=\"By_Gorica_Gligorijevic\"><\/span><a href=\"https:\/\/www.linkedin.com\/in\/gorica-gligorijevic-860b74104\/\">By Gorica Gligorijevic<\/a><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><span style=\"font-weight: 400;\">Broker and you, what a nice relationship! Okay, you think your <\/span><b><i>Forex broker<\/i><\/b><span style=\"font-weight: 400;\"> is on your side. Nice! Wonderful! I&#8217;m excited! You have it! You found the best!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, are you sure that <\/span><a href=\"http:\/\/traders-paradise.com\/magazine\/2018\/07\/how-to-choose-the-best-broker\">your broker wants<\/a><span style=\"font-weight: 400;\"> especially you to be the winner? At the same time, 95% of Forex traders lose. And you have special status? Really?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Do you really think your broker has built his business on the minority 5% who win? C&#8217;mon! Don&#8217;t be silly!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether you&#8217;re already in the 5% elite (congrats) or working your way to it, you must know these three things. It can make the difference between long-term successes or Forex failure.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_does_your_broker_see_you\"><\/span><b>How does your broker see you?\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Really, what does he think about you? <span style=\"font-weight: 400;\">Actually, <\/span>from your broker\u2019s point of view, .you are an \u201cA\u201d group or a \u201cB\u201d group<i><\/i><i>.<\/i><br \/>\n<b><\/b><\/p>\n<p>The broker is not emotional. <span style=\"font-weight: 400;\">He has numbers and percentages in front of him.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One group traders make up the 95% who constantly lose and the other traders are people who have been consistently profitable or more than 3 months. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Group A, group B. 95% or 5%. Nothing else. If you are a newcomer, the broker will automatically add you to the \u201cA\u201d group until you prove otherwise.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"But_WHY\"><\/span><b>But, WHY?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You have done nothing to be there, you are beginner!!! You just opened all of this for your first time!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The answer is simple, your broker knows that 95% of new traders will lose, so he\u2019s 95% sure he\u2019s put you in the right group. <\/span><br \/>\n<span style=\"font-weight: 400;\">Well, he isn&#8217;t sure 100%, notice that! If you lose, he wins. Only that matters!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Forex brokers are known as market makers and market maker takes the other side of your trade. Never forget that someone somewhere is holding the other side of your trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s say you decide you sell 1 standard lot of EUR\/USD. Now for you to take that trade, someone else has to buy 1 standard lot of EUR\/USD. Right? \u00a0In other words, there always has to be a buyer and a seller for a trade to take place.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If your broker is a market maker, he\u2019s holding the other side. In other words, if you win, he loses. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Simple? Yeah!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But a bit unpleasant. Brokers make most of their money betting on the fact that you are going to lose. This is the conflict of interest 1\/1!<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Honestly_and_fortunately_the_majority_of_brokers_dont_take_the_other_side_of_your_trades\"><\/span><b>Honestly and fortunately, the majority of brokers don&#8217;t take the other side of your trades<\/b><span style=\"font-weight: 400;\">. <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Instead, they pass them on to other traders, acting more along the lines of what you had in your mind that a \u2018broker\u2019 is. Most of them simply connect buyers and sellers and take a commission on facilitating the trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your broker, your true and professional broker, will never take the other side of the trade, and he will never bet against you as a client. This secret has been revealed! Share with others!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And be cautious, it never can be too much.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The broker is known as a market maker and market maker takes the other side of your trade. By Gorica Gligorijevic Broker and you, what a nice relationship! Okay, you think your Forex broker is on your side. Nice! Wonderful! I&#8217;m excited! You have it! You found the best! But, are you sure that your [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":1390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1016,1012],"tags":[207,208,120,209,104],"class_list":["post-1388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to-master-in-trading-advanced","category-traders-secrets","tag-alert","tag-brokers-point-of-view","tag-brokers","tag-scam","tag-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Broker and You! 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