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Do you prefer fixed spreads or dynamic spreads?
Member Since Jul 03, 2012
178 posts
Oct 23, 2012 at 14:12
I have never traded with a broker who offered a fixed spread.
Pax puts the X in Forex.
Member Since Jun 21, 2012
18 posts
Nov 09, 2012 at 23:40
I have an account that is fixed spread and it is actually really good for trading during the asian session.
The only way to get smarter is by playing a smarter opponent
Member Since Nov 09, 2012
76 posts
Nov 12, 2012 at 07:20
dvejn posted:
My account has not spread. spread is 0. best of
cheers
Is it even possible? Do you have some sort of other commission or what?
I have never traded with fixed spreads, so I assume in this way it's like average spread for the whole period. Must be very high... I trade with dynamic spreads for now and I am quite satisfied.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Jul 03, 2012
178 posts
Nov 13, 2012 at 12:08
It is possible and yes it usually come with a commission from the broker.
Pax puts the X in Forex.
forex_trader_43716
Member Since Aug 06, 2011
326 posts
Nov 13, 2012 at 20:01
Makes no difference to my trading startegy...
Member Since Nov 09, 2012
76 posts
Nov 14, 2012 at 03:23
myfxpt posted:
Makes no difference to my trading startegy...
What strategy do you use? I mean it may have no difference if you trade on large time frames...
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
forex_trader_43716
Member Since Aug 06, 2011
326 posts
Nov 14, 2012 at 04:12
Good point. I trade D1 timeframe.
Member Since Oct 15, 2012
32 posts
Dec 12, 2012 at 09:33
I usually don't mind about this stuff since I adjust my strategy for each. I can understand why brokers offer dynamic spreads ('cause I work for one) as the price erratically fluctuates. Fixed spreads just offer more risk for the broker in a volatile market.
The Fine Art of Investment
Member Since Jul 03, 2012
178 posts
Dec 19, 2012 at 15:14
Well, I prefer dynamic spreads as it better reflects supply/demand.
Pax puts the X in Forex.
Member Since Nov 09, 2012
76 posts
Dec 20, 2012 at 08:28
brokersstaragent posted:
I usually don't mind about this stuff since I adjust my strategy for each. I can understand why brokers offer dynamic spreads ('cause I work for one) as the price erratically fluctuates. Fixed spreads just offer more risk for the broker in a volatile market.
I totally agree with you. I just thought in different way in previous time (I though that fixed spreads are easier to calculate and more convenient) and it was my real mistake.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Jul 03, 2012
178 posts
Dec 20, 2012 at 14:09
RollingStones74 posted:brokersstaragent posted:
I usually don't mind about this stuff since I adjust my strategy for each. I can understand why brokers offer dynamic spreads ('cause I work for one) as the price erratically fluctuates. Fixed spreads just offer more risk for the broker in a volatile market.
I totally agree with you. I just thought in different way in previous time (I though that fixed spreads are easier to calculate and more convenient) and it was my real mistake.
We all make mistakes, but as long as we learn from them it is positive progress.
Pax puts the X in Forex.
forex_trader_29148
Member Since Feb 11, 2011
1768 posts
Dec 20, 2012 at 21:21
(edited Dec 20, 2012 at 21:21)
for now i like better fixed,no spikes during high volumes,but for scalpers dynamic is better
Member Since Jul 03, 2012
178 posts
Dec 23, 2012 at 17:26
marx64 posted:
Pardon my french, but why should a retail trader prefer dynamic spreads?
There could be a number of reasons. Just because they are retail traders does not mean that they don't have a strategy they like which works better with dynamic spreads.
Pax puts the X in Forex.
Member Since Nov 09, 2012
76 posts
Dec 25, 2012 at 10:50
marx64 posted:
Pardon my french, but why should a retail trader prefer dynamic spreads?
because with using dynamic spreads all the participants of the market can react to the economic events in the better way.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Feb 06, 2013
3 posts
Feb 13, 2013 at 15:07
now in my system i love fix spreads : )
Invest is my way , but Trade is my Life.
