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01-12-2008, 06:19 AM

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Quote:

Originally Posted by et_phonehome_2

I always read that one should go with ECN brokers to avoid this S/L hunting.

Actually it can be worse there since most ECNs have Level II meaning everyone can see where you are in the market and go hunting.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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