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Do forex spreads make a significant impact on the long term trading results?
Membre depuis Mar 26, 2014
posts 18
Jun 25, 2014 at 18:55
IC Markets is offering lowest spread and low commission for ECN accounts, Low spread is essentials for scalpers or high frequency traders.
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Membre depuis Jun 03, 2010
posts 675
Jul 02, 2014 at 20:13
(édité Jul 02, 2014 at 20:15)
Spread?
You can calculate Yourself.
Let's say 0.5 pips per trade. Lets say You make 20 trades per day it takes You 10 pips of profit (!).
Long term results?
10 pips daily * 5 days a week = 50 pips / week
lets say 50 weeks in a year gives:
50 * 50 = 2500 pips in year!
Is it big or not, make answer Yourself :)
ow, and add a commision taken from every trade ;)
You can calculate Yourself.
Let's say 0.5 pips per trade. Lets say You make 20 trades per day it takes You 10 pips of profit (!).
Long term results?
10 pips daily * 5 days a week = 50 pips / week
lets say 50 weeks in a year gives:
50 * 50 = 2500 pips in year!
Is it big or not, make answer Yourself :)
ow, and add a commision taken from every trade ;)
PAMM MANAGER // Professional Fund Manager
Membre depuis Apr 14, 2014
posts 230
Jul 03, 2014 at 15:34
Spread – (if a deal is profitable) sharing your wealth; (if a deal is unprofitable) a malicious market maker who rips you off.
Membre depuis Jun 03, 2010
posts 675
Jul 03, 2014 at 16:40
I woudn't say like that. Spread is something that You know from the start. That's why You cannot say that broker rip you off .
PAMM MANAGER // Professional Fund Manager
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