Aug 29 2012 at 14:54
you think so
have you ever record your slippage😀
have you ever record your slippage😀
James_Bond posted:stevewalker posted:
bigger the spread smaller the slippage
I think this is not a plus but a minus - most of the cost is built into the high spread - since the large part of slippage occurs (or should at least) during an economic event and since most of the time there aren't any events, the trader keeps paying a high spread for his trades.
Aug 30 2012 at 11:20
Dynamic Spread in my opinion is the way. It also gives you a good idea if there is movement in the market.
Aug 31 2012 at 12:53
So far I have stuck with dynamic spreads and I can't really complain.
Pax puts the X in Forex.
Sep 06 2012 at 15:10
Besides the spread you see, you should also check the actual spread received. I saw somewhere a broker showing once price on the chart, but when you execute a trade, you get another.
Sep 12 2012 at 17:34
once I had coded an EA & testing it. I added a spread rescue. if spread goes above lets say 6 pips it was closing trades.
then EA started to close trades cont.
I recoreded the spread and see that sometimes spread is >20 pips. but eye can not catch it
wierd
walker
then EA started to close trades cont.
I recoreded the spread and see that sometimes spread is >20 pips. but eye can not catch it
wierd
walker
James_Bond posted:
Besides the spread you see, you should also check the actual spread received. I saw somewhere a broker showing once price on the chart, but when you execute a trade, you get another.
Sep 14 2012 at 13:47
I use fixed spreads,
just because it was easyer to program in my ea's,
also havent gotten signs of any severe slippage.
It also suits my trading style the best.
The choice is personal.
as long as i'm getting profits and get payed out I'm not complaining.
Opened an account through a rebate IB which gives me part of the spread.
So my opinion is fixed spread all the way :)
just because it was easyer to program in my ea's,
also havent gotten signs of any severe slippage.
It also suits my trading style the best.
The choice is personal.
as long as i'm getting profits and get payed out I'm not complaining.
Opened an account through a rebate IB which gives me part of the spread.
So my opinion is fixed spread all the way :)
I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
Sep 14 2012 at 18:42
I agree, the choice is personal and comes down to strategy.
Pax puts the X in Forex.
Oct 16 2012 at 10:02
Aren't fixed spread a clear sign of a bucket shop? Obviously, brokers cannot offer a fixed spread when connected to the interbank markets as the spread always changes due to supply and demand, just like prices.
Oct 16 2012 at 10:24
James_Bond posted:
Aren't fixed spread a clear sign of a bucket shop? Obviously, brokers cannot offer a fixed spread when connected to the interbank markets as the spread always changes due to supply and demand, just like prices.
yeah, you could see it that way.
I think the big fixed spreads are so they get a big piece of the money pie, no matter the spread variations, to make sure they got their pockets filled no matter how good/bad the excecution..
I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
Oct 16 2012 at 11:07
Financialarts posted:James_Bond posted:
Aren't fixed spread a clear sign of a bucket shop? Obviously, brokers cannot offer a fixed spread when connected to the interbank markets as the spread always changes due to supply and demand, just like prices.
yeah, you could see it that way.
I think the big fixed spreads are so they get a big piece of the money pie, no matter the spread variations, to make sure they got their pockets filled no matter how good/bad the excecution..
That's what I thought. And when the spread is actually higher than what they show you, they just requote you until spread gets back to normal - I don't see how a fixed spread can be better than variable in any scenario.
