I gave 1000% in commission to my broker last week and you ?

I just made some computation...last week for 100'000 USD, i gave 3'000 USD to (severals brokers for a 300 USD of gain...waghh it's 1000 % of commission. The spread is just killing all rentability.

How a business can continue to be sustainable when you are cheating so high your(s) client(s) ?

hey at least you made a $300 gain. That is a lot more than most people do. You should probably change broker to one that has lower spreads. Save yourself $1000 bucks

That’s why we traders need to know with the details on brokers reading feature before investing such kind of big investment.

thirdbrainsa posted:

I just made some computation...last week for 100'000 USD, i gave 3'000 USD to (severals brokers for a 300 USD of gain...waghh it's 1000 % of commission. The spread is just killing all rentability.

How a business can continue to be sustainable when you are cheating so high your(s) client(s) ?

what are you brokers ?

AdebayoTheBest posted:
hey at least you made a $300 gain. That is a lot more than most people do. You should probably change broker to one that has lower spreads. Save yourself $1000 bucks

Same opinion from me; these types of broker are very costly to use! Don’t know why till now he is using that broker.

It's not depend on brokers...i have exactly the same stats for dozens and dozens of brokers -

All our client are using different kind of brokers --- with 2'00'000 USD 'live' running with our EA - we can see what happens and the figure are really high. I don't want to point 'brokers' : they are all the same.

All broker are doing exactly the same job.

When you give 1 pips , 2 pips, 3 pips by trades....you are giving money each time

It's the whole system which is just 'cheated' because commissions are too high

thirdbrainsa posted:
It's not depend on brokers...i have exactly the same stats for dozens and dozens of brokers -

All our client are using different kind of brokers --- with 2'00'000 USD 'live' running with our EA - we can see what happens and the figure are really high. I don't want to point 'brokers' : they are all the same.

All broker are doing exactly the same job.

When you give 1 pips , 2 pips, 3 pips by trades....you are giving money each time

It's the whole system which is just 'cheated' because commissions are too high

Yes, that’s the business policy! Whatever; I am comfortable with narrowest trading spread instead of commission.

Hello
Brokers spreads this day's are at the lowest, and some of them offer from 0.1 pip it means you pay 1 dollar for a 100,000 USD. Trade I dare you to find me a traditional broker that offer spreads that low.

the reason you don't see much profit is that your trading strategy is probably bearly profitable enough to overcome the spread, sound like a nice money management EA system that generates a lot of volumes and close to 50 / 50 winner/loser trades

Best regards

thirdbrainsa posted:
It's not depend on brokers...i have exactly the same stats for dozens and dozens of brokers -

All our client are using different kind of brokers --- with 2'00'000 USD 'live' running with our EA - we can see what happens and the figure are really high. I don't want to point 'brokers' : they are all the same.

All broker are doing exactly the same job.

When you give 1 pips , 2 pips, 3 pips by trades....you are giving money each time

It's the whole system which is just 'cheated' because commissions are too high

I guess you are getting it all wrong.
Broker with low spread simply cannot charge you 10 times the profit.
That is nonsense

sublimemarkets posted:
Hello
Brokers spreads this day's are at the lowest, and some of them offer from 0.1 pip it means you pay 1 dollar for a 100,000 USD. Trade I dare you to find me a traditional broker that offer spreads that low.

the reason you don't see much profit is that your trading strategy is probably bearly profitable enough to overcome the spread, sound like a nice money management EA system that generates a lot of volumes and close to 50 / 50 winner/loser trades

Best regards

Here; trading skill the key; when a trader is doing live trading with a standard trading skill; then nothing is impossible here! Even, he doesn’t need any additional help like bonus or big leverage.

I assuming from your information that your broker is very very reliable anyway on basically each aspect of your life. You can divide your cash and go with less strict on rules brokers in order to earn even more over time... try this later please.

thirdbrainsa posted:

I just made some computation...last week for 100'000 USD, i gave 3'000 USD to (severals brokers for a 300 USD of gain...waghh it's 1000 % of commission. The spread is just killing all rentability.

How a business can continue to be sustainable when you are cheating so high your(s) client(s) ?

If you gave $3,000 for $100,000 it is only 3%.
It is up to you to make some profit out of that 1 lot = $100,000.
Moreover on my broker comission for trading one lot is $55 and zero spread.
So comission og your broker is $3000 for 1 lot? That is nonsense.

What broker do you use? Sounds like it is very competitive

thirdbrainsa posted:

I just made some computation...last week for 100'000 USD, i gave 3'000 USD to (severals brokers for a 300 USD of gain...waghh it's 1000 % of commission. The spread is just killing all rentability.

How a business can continue to be sustainable when you are cheating so high your(s) client(s) ?

Those numbers don't make any sense, unless you do some arbitrage trading or crazy scalping for 1-2 pips at a time. In that case, don't blame the broker.

birthtamper posted:
What broker do you use? Sounds like it is very competitive

Nope it seems like his broker is charging $3,000 per lot comission
While on my broker it is $55.
That is not competitive but robberry.

I don't pay any commission ,just overnight positions and spread ,I even get dividends on some stocks .plus a useful screening tool .

Marketmultitool posted:
I don't pay any commission ,just overnight positions and spread ,I even get dividends on some stocks .plus a useful screening tool .

I fee; trading spread is much logical than the commission system! This is why, I use trading spread based trading platform.

togr posted:

birthtamper posted:
What broker do you use? Sounds like it is very competitive

Nope it seems like his broker is charging $3,000 per lot comission
While on my broker it is $55.
That is not competitive but robberry.

So which broker do you use?

cravenprofession posted:

togr posted:

birthtamper posted:
What broker do you use? Sounds like it is very competitive

Nope it seems like his broker is charging $3,000 per lot comission
While on my broker it is $55.
That is not competitive but robberry.

So which broker do you use?

https://bit.ly/2GBMWfW