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Friday, April 13, 2018

SLIPPAGE FEST

“No way to sugar coat this … I can’t take this slippage.”


That pic above is me today, and quite frankly, the slippage in the DOW30 is so 
 “off the charts”, with the scumbag LP’s handing out bullshit fills, I’m leaving 
this market … this is bullshit, and every single time I hit the button today, I’m 
getting filled on either the new high tick or the new low tick, which is off the 
market. These scumbags can “kiss my ass”. And while I don’t see anywhere 
near the slippage in any other market, if it turns out the scumbag LP bank’s 
won’t treat us fairly, then I’ll go back and trade EURUSD by default… [time 
for some trader talk, so cover the kid’s ears] … “fuck this shit, I’m tired of 
getting bullshit fills from these assholes, and so I simply say adios to the DOW30  
… you can’t trade this shit when every fucking tick is almost 20 points from the 
last one, and then when I go to liquidate? … good grief, close your eyes for the 
absolute bullshit fill I’m getting here from these DOW30 scumbags”. 

I’ve had worse days on the losing side before to be sure in my career, and 
losing a few hundred bucks isn’t the end of the world and can be recovered, but 
I don’t remember every time I trade of getting screwed royally on fills like 
today … and this has been a very big & growing problem in this market, that I 
have repeatedly raised with Turnkey for some time … “of course we get 
ignored”, so screw ‘em.

No way to sugarcoat today’s “rape & pillage” … PAMM down about 0.7%, or 
around $375 … add up the bullshit slippage, and you’re most likely looking at 
around $500 - $600 … and, if any of the FX scumbag LP’s do the same just 
ONCE [on a par with the DOW30 bullshit], I won’t hesitate to go back to 
EURUSD or one of the other pairs in “The Magnificent Seven” quickly. We’re 
not gonna sit around and take this shit lying down. “Of course, at times, any 
market can have some small slippage, but what is happening in the stock indices, 
sadly reminds me of the gold market [XAUUSD]; a once vibrant market turned to 
complete shit by the FED & their accomplice scumbag LP bank pals, and once 
the volume and liquidity dry up, you’re left with nothing but mystery ticks and 
bogus fills no matter what you do … it shouldn’t be like this, but it is”.

Over the weekend, I’m going to be refocusing my efforts on FX pair GBPJPY, 
and will  trade that come Monday. I have been watching it closely these last 4 
months since I last traded it, and while it has almost the current volatility of 
the stock indices, it doesn’t exhibit anywhere near the slippage and total 
bullshit the DOW30 has. In any event, it should be a better trading 
environment for us, along with the accompanying volatility we need to make 
money. It's a market that I have traded successfully over the last 16 years, and
I know it very, very well and am comfortable trading it. With a current spread
of between 1/2 to 1 PIP, and current volatility with good trading conditions, it's
a great market. Yes, it can be a little psychotic at times, but it pales in 
comparison to the shenanigans pulled every day in the stock indices. Simply
put: it's a good fit. So, on to GBPJPY.
 
Right now, I want to hit something I’m so damn mad … I’ll get over it to be 
sure, cuz the money amount is very small, but it pisses me off when my trade is 
a winner, and I hit the liquidate button and see that it’s a loser cuz the fill got 
“gassed” by 10 - 15+ points, order after order. Well, it ain’t happening again, 
so screw ‘em. Imagine an FX pair, where you consistently got fills 10 - 30+ PIPS 
off the market and there isn’t any news event to speak of … just mystery ticks 
and bogus fills during the day over and over again … who would trade this? 
“Right, and neither am I … I hope those assholes starve to death”!

I’ll have the PAMM spreadsheet updated and posted tomorrow … right now 
isn’t a good time, cuz as you might have noticed, I’m just a tad “sour”,  and 
I’m apt to throw the computer into the ocean when looking at the bullshit fills. 
“My cupcake is definitely frosted at the moment”. I need a drink … I’m outta 
here … until Monday mi amigos … Onward & Upward!! 

Have a great weekend everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!


  




 

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