@@andrewmitchem5170 RETAIL TRADING HAS BECOME MORE MAINSTREAM AND THEREFORE ALOT MORE PEOPLE ARE EASILY ABLE TO MAKE ALOT MORE MONEY THESE DAYS WITH PROPER TRADING STRATEGY. HIGH LEVERAGE MEANS WEALTH CAN BE ATTAINED RELATIVELY QUICKLY IF USED RIGHT.... AND IT COMES AS NO SURPRISE THAT THE "ALREADY WEALTHY" DONT LIKE THAT. FORTUNATELY FOR ME I'LL MAKE GREAT RETURNS REGARDLESS BECAUSE OF ACCOUNT SIZE, BUT THE AVERAGE RETAIL TRADER DOESN'T TRADE THE SAME CAPITAL I HAVE ACCESS TO. BUT YEAH, THATS THE END OF MY RANT. I HAVE NO NEED TO COMPLAIN TO THEM AS I'M NOT AFFECTED, BUT THAT'S THE TRUE MOTIVATION BEHIND THE MOVE.
@@BCFXSignals you are 100% correct. This is the first step towards outlawing retailing trading all together. We are easy pickings since we have no unions or representation and of course the brokers will not stand together and fight for us, but rather put out videos such as this praising ASIC for 'taking care' of the traders. Yeah right
Why would any1 outside of Australia want to join any broker in Australia. These new regulations have definitely ruined trading for retail traders within Australia for sure. Time to switch to overseas
Yes I agree. I've found them to be very good and a lot of my coaching clients have chosen to trade through them too. I only ever hear good comments, hence why they're one of the few brokers who I recommend.
ASIC did absolutely nothing when Halifax went under - there was no protection for "traders" at all!!! Lawyers and liquidators are making a fortune on winding Halifax up - TWO years later and still going!!
I completely agree - my own funds (I won't say how much here publicly but let's just say it's a lot) are still missing from Halifax and I see the lawyers are getting rich from the whole process. I'm not saying that ASIC are any good or have any use. The video was more about their new ruling and what that means for those of us who trade through Australian based brokers.
This is the first step towards outlawing retailing trading all together. We are easy pickings since we have no unions or representation and of course the spineless brokers will not stand together and fight for us, but rather put out videos such as this praising ASIC for 'taking care' of the traders. Yeah right
USA the same and nothing to do with educating or protecting the clients. This is all about money and governments. No other industry has these regulations. Just go to off-shore brokers.
Thanks Andrew & Ben for clearing the air
You are welcome Bakul
Controlling and baby-sitting the traders are the new "norms"!
Australia...the baby sitting country haha
So that's what the legend of support team Ben Clay looks like!
He's good isn't he - the best customer support.
Hahaha cheers!
Hi
Hi Lucky
This is to protect the brokers
THIS IS NOT TO HELP TRADERS AND PROTECTING ANYONE. THIS IS ABOUT KEEPING THE RICH RICH AND THE LESS FORTUNATE MORE LESS FORTUNATE.
Odd comment, complain to ASIC, we're just highlighting their new rules
@@andrewmitchem5170 RETAIL TRADING HAS BECOME MORE MAINSTREAM AND THEREFORE ALOT MORE PEOPLE ARE EASILY ABLE TO MAKE ALOT MORE MONEY THESE DAYS WITH PROPER TRADING STRATEGY. HIGH LEVERAGE MEANS WEALTH CAN BE ATTAINED RELATIVELY QUICKLY IF USED RIGHT.... AND IT COMES AS NO SURPRISE THAT THE "ALREADY WEALTHY" DONT LIKE THAT. FORTUNATELY FOR ME I'LL MAKE GREAT RETURNS REGARDLESS BECAUSE OF ACCOUNT SIZE, BUT THE AVERAGE RETAIL TRADER DOESN'T TRADE THE SAME CAPITAL I HAVE ACCESS TO. BUT YEAH, THATS THE END OF MY RANT. I HAVE NO NEED TO COMPLAIN TO THEM AS I'M NOT AFFECTED, BUT THAT'S THE TRUE MOTIVATION BEHIND THE MOVE.
True story
@@BCFXSignals you are 100% correct. This is the first step towards outlawing retailing trading all together. We are easy pickings since we have no unions or representation and of course the brokers will not stand together and fight for us, but rather put out videos such as this praising ASIC for 'taking care' of the traders. Yeah right
@@jooobs36 EXACTLY... THANK YOU
This is not about protecting anyone, very bad decision from ASIC...
Why would any1 outside of Australia want to join any broker in Australia. These new regulations have definitely ruined trading for retail traders within Australia for sure. Time to switch to overseas
Blueberry markets is a good broker.
Yes I agree. I've found them to be very good and a lot of my coaching clients have chosen to trade through them too. I only ever hear good comments, hence why they're one of the few brokers who I recommend.
The objective is to eliminate individual traders, as simple as that. Poor will have no chance to become rich, as simple as that.
Interesting logic - I don't see any difference here as all you do is trade through Blueberry using their offshore account. It's very simple.
@@andrewmitchem5170 thanks for advice
ASIC did absolutely nothing when Halifax went under - there was no protection for "traders" at all!!! Lawyers and liquidators are making a fortune on winding Halifax up - TWO years later and still going!!
I completely agree - my own funds (I won't say how much here publicly but let's just say it's a lot) are still missing from Halifax and I see the lawyers are getting rich from the whole process. I'm not saying that ASIC are any good or have any use. The video was more about their new ruling and what that means for those of us who trade through Australian based brokers.
@@andrewmitchem5170 - I hear ya, Captain :) !!
can we trade with EA
Yes, you can trade with an EA
Great
Am currently contemplating moving all my forex investors in blueberry market , can we have an interaction ?
@@ghanahome7945 Yes for sure, please reach me at ben.clay@blueberrymarkets.com. Do you have an email I can reach?
@@andrewmitchem5170 Any "EA" with any form of hedging in it's code will not function fully with Blueberry retail clients..
This is the first step towards outlawing retailing trading all together. We are easy pickings since we have no unions or representation and of course the spineless brokers will not stand together and fight for us, but rather put out videos such as this praising ASIC for 'taking care' of the traders. Yeah right
Hi Deon, that's not correct at all. I'm not praising ASIC at all - all I am doing is help traders understand their new changes.
USA the same and nothing to do with educating or protecting the clients. This is all about money and governments. No other industry has these regulations. Just go to off-shore brokers.