Were therefore no changes within the system, it adjusted set screws, which itself does not affect the system. The large volume has to create the trading systems so made? Uwe Geyer: We had to learn sometime, how it feels, if we want to have a trade not with 10 million, but with 40 million We have then all of a sudden no longer get the desired course but a higher slippage. Click JPMorgan Chase to learn more. And of the 40 million also partially only 27 million could be placed with an order. And it happens the following: in addition to the daily movements lack of in 2009 and 2010 some accounts have the trade, others do not. This resulted in deviations of performance on the accounts of the customers. For example, 3 trades, which we didn't have in our funds were in August 2010. We're talking about a total 250 pips, which have escaped us. Unfortunately it was the lost trades only to winning trades.

We had put limit orders, for example, directly in the market, with the effect that market maker could see that a position at 1,2480 will be opened. The game starts and it attempts to drive the market in the other direction, so that this position not or the execution comes only to the part. As well our were Stop brands available. Thus, we became a found feeding for the broker. Brokers and market makers have found time, how does the stop technique when FX wave and pushed us two to three times per year out of the market in which the course exactly was driven up on the stop-loss of systems, only to point exactly to rotate and move in the direction hoped for by FX wave. Instead of the possible 100 pips, a loss of-40 pips then showed profit a day movement. The FX wave systems aimed at very large daily movements in the EUR/USD.