Deception In The Markets ( and in life!)

[torero]

	Quote:	PYenner
	In Forex, there is some enthusiasm about emerging NND (Non Dealing Desk) providers. These offer the prospect of escaping the conflict of interest that market makers have in profitting from their customers losses. Got a demo account with an NDD, next step down the road maybe... Well, the liquidity is low, particularly when you need to close. But the hidden thing that you find in time, is that the prices lag badly on sharp movements. The liquidity provider acting as an intermediary has a conflict of interest, avoids the riskier prices. The effect can be the same as trading with a huge pip margin. Sometimes that may work for you, sometimes against. Its just the reality that bites, you can't seem to get away from intermediaries with a concealed conflict of interest. Also tried a Swiss market maker out of curiosity, found Swiss feed has stop loss spikes that US feed doesn't have and their timing seemed amateur. Have heard others saying their provider goes stop hunting but untill now I have been inclined to believe it was just the market doing its thing. Always shifting sand...

Personally, I think NDD is great step toward fairness. It's possible that delays may happen but I have tradestation charts and MBtrading quote screen up to compare. I can see the discrepancies between the two (MB uses last price while TS uses the spread bid price to quote last price). Once you see the differential and no spikes, it becomes predictable. So far I haven't see spikes in one and not in the others to spot possible unethical actions. Pretty consitent so far. Best to open 2 separate quotes from NDD and ND to verify the real market action.

[OAC]

	Quote:	OAC
	If Steve does, I haven't seen it. I've visited his main site - http://www.candlecharts.com/ which is not one giant page.

Yeah I know. It is two courses he did together with Ken Calhoun.
One consists of 8 DVDs and the other 14 DVDs.
Both are pretty recent.

[Reaver]

Great article Dr. Janice, glad to see you posting again.

[thetradingdoctor]

Cooter- I am sorry it crashed your computer. I could have sworn I posted it as a link and not the entire page. That said, Cooter, please read the message that precedes the link ( or in this case the entire page). If you think for one minute that I am scamming this board with illegal messages, please think again. You have been trying to bust me since day 1, Cooter. If you don't like what I have to say or my posts and wisdom and knowledge that I give freely and without any advertising or solicitation, then please excuse yourself from my board. I have great compassion for you, Cooter, as I do for everyone on this board. I will not, however, tolerate any abuse from you or anyone else.

If James thinks I did something wrong, I encourage him to chastise me and remove the posts.

Thanks!

Doctor Janice

[thetradingdoctor]

RE: Forex Trading, here is a sad story of some Japanese housewives. It is from the New York Times, and I suggest we read critically. One never knows where the deception is lurking. However, this cannot be fun for anyone:

http://tinyurl.com/29gvfl

Thanks!

Doctor Janice

[thetradingdoctor]

Try this link for the NYT article on Forex and Japanese housewives You might get into it without having to register--not sure:

http://tinyurl.com/39dqte

Thanks!

Doctor Janice

[walterw]

	Quote:	cooter
	given the recent shenanigans of another vendor a few days ago.

Hey Cooter, it has been a technical mistake from Janice maybe putting this link... but she DOES NOT FIT on the cathegory of this other cheap vendors we had arround... so I believe man its time to relax and enjoy the great inputs Janice is constantly bringing here, making TL an even more enriched site...

On the other hand Janice, the link was (for me) just complete fun ¡¡ cheers Walter.

[cooter]

	Quote:	thetradingdoctor
	Cooter- I am sorry it crashed your computer.

Apology accepted.

	Quote:	thetradingdoctor
	I could have sworn I posted it as a link and not the entire page.

You did. I think a mod modified it.

	Quote:	thetradingdoctor
	That said, Cooter, please read the message that precedes the link ( or in this case the entire page).

I did. The entire post just smacked of a typical setup for the affiliate link though.

	Quote:	thetradingdoctor
	If you think for one minute that I am scamming this board with illegal messages, please think again. You have been trying to bust me since day 1, Cooter.

Sounds like classical paranoia to me. I think we've already established your bonafides on this site, to the satisfaction of most members and participants. So if you think that you are still on my $h!tlist, you are sincerely mistaken.

	Quote:	thetradingdoctor
	If you don't like what I have to say or my posts and wisdom and knowledge that I give freely and without any advertising or solicitation, then please excuse yourself from my board. I have great compassion for you, Cooter, as I do for everyone on this board. I will not, however, tolerate any abuse from you or anyone else.

Define compassion.

	Quote:	thetradingdoctor
	If James thinks I did something wrong, I encourage him to chastise me and remove the posts. Thanks! Doctor Janice

I think James should be seriously rethinking the concept of how to best integrate vendors into the TL community, given the activities of a now-disgraced vendor a few days ago.

Perhaps you could provide him with some useful feedback, based on your own experiences as a vendor on this site.

[Reaver]

I think Dr Janice exemplifies how a vendor should conduct themselves on a forum.

[torero]

This has to stop. We're reaching a point where every thread's content and sincerity is questioned. A few days ago, the vendor clearly violated the rules of the forum and Dr. Janice has demonstrated clearly her ability to play by the rules and contribute her knowledge of the market and her area of expertise. I don't see the link as a liability or anyway promoted the site. I changed the link to the text in the post to satisfy both parties.

But this has to stop. If you feel a vendor is violating the rules, please PM the mods and/or James for clarification first before posting directly on the thread. This is only staining the thread and not help the members from staying focused on trading and the markets. Please refrain from this interaction immediately.