Do forex spreads make a significant impact on the long term trading results?
Member Since Mar 26, 2014
21 posts
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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Member Since Jun 03, 2010
696 posts
Jul 02, 2014 at 20:13
(edited 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
Member Since Apr 14, 2014
230 posts
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.
Member Since Jun 03, 2010
696 posts
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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