Yes if you can find a liquidity provider at the retail level to provide you a source to feed upon...dudest wrote:Top dawg in contest is now past 55.5mio (!)
Well, one might say, is this sustainable? and I would say, that's not the point in this case; there are many ways to skin the forex cat.
Even if one started with 10 times less the cash, and had several of those pockets, the strategy is bound to make a killing with at least one of those pockets, and all he has to do is withdraw and set aside a tiny amount (comparably) to continue trading for more.
Crazy stuff (!)
The problem is with tier 2/3 brokerages is that they are working with liquidity providers that have in agreements that can hinder this type of trading and actually many types including arbitrage systems across asset classes.Now if you were to open an account with a few million euros and put in place LOC's with a few tier 1 firms and trade directly upon Reuters etc... then it becomes interesting...