Nov 27 2016 at 11:25
Do people actually try to scalp during news events? 😲
mlawson71 posted:
Do people actually try to scalp during news events? 😲
For individual traders I think it is too risky. Maybe some crazy advanced algos that open and close small trades in milliseconds but still I think it would be very difficult to make a profit.
Once a trader, always a trader!
When it comes to the spreads, I prefer the variable option and read in the initial discussion about the 4 or 5 digits case. I prefer 5 digits after the point as it gives more flexibility when coupled with micro or mini lot sizes offered.
Once a trader, always a trader!
Nov 30 2016 at 15:45
LLewis posted:
When it comes to the spreads, I prefer the variable option and read in the initial discussion about the 4 or 5 digits case. I prefer 5 digits after the point as it gives more flexibility when coupled with micro or mini lot sizes offered.
I also prefer the 5 digits option but I know it is not offered by all brokers.
I am also among those who prefer the dynamic spreads. If I see it's too risky, as during news, I simply avoid trading or placing large orders.
mlawson71 posted:
Do people actually try to scalp during news events? 😲
Sure, there are different people around the world, but not me! 😄
Dec 09 2016 at 09:22
I think it is wise fixed spreads, as many traders in a more transparent approach a broker does not notice or do not understand the fees factor. Nevertheless, with most brokers are changing the model from fixed to variable patterns and commissions, transaction costs went straight down. According to my calculations, the Commission applies the model are cheaper than fixed spreads.
Dec 09 2016 at 10:12
HarriOshord posted:
I think it is wise fixed spreads, as many traders in a more transparent approach a broker does not notice or do not understand the fees factor. Nevertheless, with most brokers are changing the model from fixed to variable patterns and commissions, transaction costs went straight down. According to my calculations, the Commission applies the model are cheaper than fixed spreads.
@HarriOshord
Fixed spreads sounds very stable. It is not. Fixed spreads are higher during low volatility that variable and during high volatility they rise up so no longer fixed.
Dec 09 2016 at 12:48
togr posted:HarriOshord posted:
I think it is wise fixed spreads, as many traders in a more transparent approach a broker does not notice or do not understand the fees factor. Nevertheless, with most brokers are changing the model from fixed to variable patterns and commissions, transaction costs went straight down. According to my calculations, the Commission applies the model are cheaper than fixed spreads.
@HarriOshord
Fixed spreads sounds very stable. It is not. Fixed spreads are higher during low volatility that variable and during high volatility they rise up so no longer fixed.
I will consider and analyze your words. Thank you.
