Forex brokers: friend or foe?
The fourth newsletter written by Dirk du Toit deals with the very thorny issue of forex brokers.
If you want to have a long lasting, fruitful relationship with your broker then you need to be see things from their side of the fence. While your broker shouldn’t be out to screw you over (and any good broker isn’t out to get you personally), they do want to make money so that they can stay in business and even generate some profit too.
If you become aware of what their business plan is then it is possible to align your trading goals and their business plan so that it becomes a win-win scenario for everyone.
You can read the broker newsletter here.
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