To use chat, please login.
Back to contacts
stevewalker (stevewalker)
Aug 29 2012 at 14:54
1439 posts
you think so

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.

Geoffrey Reynolds (12264)
Aug 30 2012 at 11:20
21 posts
Dynamic Spread in my opinion is the way. It also gives you a good idea if there is movement in the market.

TheLastBear
Aug 31 2012 at 12:53
186 posts
So far I have stuck with dynamic spreads and I can't really complain.

Pax puts the X in Forex.
James_Bond
Sep 06 2012 at 15:10
556 posts
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.

stevewalker (stevewalker)
Sep 12 2012 at 17:34
1439 posts
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
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.

Financialarts
Sep 14 2012 at 13:47
134 posts
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 :)

I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
TheLastBear
Sep 14 2012 at 18:42
186 posts
I agree, the choice is personal and comes down to strategy.

Pax puts the X in Forex.
James_Bond
Oct 16 2012 at 10:02
556 posts
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.

Financialarts
Oct 16 2012 at 10:24
134 posts
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! ^^
James_Bond
Oct 16 2012 at 11:07
556 posts
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.

Please login to comment.