Lets start new day.
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DislikedWin trade.
I remark that many times i am not able to hold open trade till 10 or 15% level. Thats why i close trade at 5%level. It is a bit flustrating when after that price is going further to next level.
I know that problem is in my mind. I affraid of turn wining trade to loss trade. I have to work about it . I need time to trust this system.Ignored
Dislikedthe price moves sideways today.. no chance to get the really strong moves at the momentIgnored
DislikedI am not talking about today market conditions. I am talking about general problems in my trading. If i want to gain 5-10% (what is much more than enough for me) per day i have to change my attitude.Ignored
DislikedWhat I do, is move SL to open price as the system dictates, and then you are on a free trade, i.e the worst thing can happen is close the trade with $0 in gains So once you are on a free trade you have nothing to worry about.
Hope be helpful.
Regards,
DragonIgnored
DislikedBravo. Perfect trade. It is early morning and you can turn off computer.
On your screen i can see 5 pips spread on EU. Is it true value?
I have 1,1-1,4 spread.Ignored
DislikedCommission is a little bit higher than 7USD/round turn but the spread is really good. The name of the broker is Pepperstone..
Regards
MathiasIgnored
Disliked7$ per lot (100,000) or minilot (10,000)? If it is 7$ per lot that means your transaction costs are:
7$+5$(spread)=12$ per lot.
I have no commision and spread is 1,1-1,4 pips =11-14$ per lot.
So it is more or less the same.Ignored
Disliked7$ per lot (100,000) or minilot (10,000)? If it is 7$ per lot that means your transaction costs are:
7$+5$(spread)=12$ per lot.
I have no commision and spread is 1,1-1,4 pips =11-14$ per lot.
So it is more or less the same.Ignored
DislikedBUT I don't have a conflict of interest with my ECN broker (at least I hope so). I would never trade such a strategy (2-5 pips SL for example) with a Market Maker. I have been with FxPro for 6 months last year and they are definitely not world's best broker (in my opinion).. But of course, everyone has to decide for himself/herself which broker is the best one for his/her trading style.
The advantage of Pepperstone is that they offer an ECN-account with a high leverage (up to 1:400).
kind regards
MathiasIgnored
DislikedI have been with FxPro for 6 months last year and they are definitely not world's best broker (in my opinion).Ignored