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Becoming a scalper
Mitglied seit Aug 27, 2017
121 Posts
May 31, 2021 at 11:52
Mitglied seit Dec 16, 2020
23 Posts
BrantleyC posted:Rightly said. Zero spread is a myth as it only peaks up commission fee. I think there are some brokers in the market which have very low spreads & commissions.
Testing is the only way out.Demo can help too. But remember there's nothing like 0 spreads, so be careful.
Jun 17, 2021 at 04:38
Mitglied seit Apr 15, 2020
219 Posts
thank you for adding this point. Yes. Low commissions are also vital., its of no use if you have to pay huge chunks of commissions out of your profits. The broker I use only charges me $2 commission per 100K trading volume for both sides. Pretty helpful.
The more your practice, the more you learn.
Jun 24, 2021 at 08:02
Mitglied seit Aug 14, 2020
40 Posts
ele020 posted:I also pay $2 per lot, which broker you are using btw?
thank you for adding this point. Yes. Low commissions are also vital., its of no use if you have to pay huge chunks of commissions out of your profits. The broker I use only charges me $2 commission per 100K trading volume for both sides. Pretty helpful.
Jun 25, 2021 at 05:02
Mitglied seit Apr 15, 2020
219 Posts
KenAdams posted:I am currently using fxview. best spreads so far...ele020 posted:I also pay $2 per lot, which broker you are using btw?
thank you for adding this point. Yes. Low commissions are also vital., its of no use if you have to pay huge chunks of commissions out of your profits. The broker I use only charges me $2 commission per 100K trading volume for both sides. Pretty helpful.
The more your practice, the more you learn.
Jul 01, 2021 at 06:05
Mitglied seit Apr 15, 2020
219 Posts
WaltonCharles posted:Thank you! So are you a scalper?ele020 posted:Yes. I agree with you.
scalping needs realy tight spreads so I use a broker who offer raw spreads and at time i have seen it going as low as 0.0 pips...
The more your practice, the more you learn.
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