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25/04/16
11:31
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Originally posted by AverageJoe
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Markets will always be rigged. The price setters are the big tier 1 banks that provide the market especially in the commodity/Fx world. You have to play the game and try to follow them. This is like a voting system, 'polls' are what the media and agendas try to sway sentiment with their so called reports/fundamentals. Fight the big boys and be prepared to have deep pockets or else you get mince along the way.
Complaints is the only form of moral justice but a $ loss is still a $ loss!
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@AverageJoe Actually, Ron Insana, long time reporter for the US Financial Comedy Channel CNBC wrote a piece at the time along the lines, "Are markets rigged"? replying they have always been rigged....
http://www.cnbc.com/2014/04/04/paging-captain-renaulthigh-frequency-tradingcasablancacommentary.html
I don't know why my link to amazon.com book reference doesn't appear in the Post.
Still, we do the best can to make a dollar