I have a noob question.
Do you guys consider the cost of trading (spread & commission) especially when trading intraday?
For instance, you will not take the trade if the main swing is too small compare to your spread and commission.
if the main swing is 30pips, my average profit pips is only around 7-10pips. With spread of 1.5pips, that's 15-20% of cost. Do you guys see this as an issue?
Do you guys consider the cost of trading (spread & commission) especially when trading intraday?
For instance, you will not take the trade if the main swing is too small compare to your spread and commission.
if the main swing is 30pips, my average profit pips is only around 7-10pips. With spread of 1.5pips, that's 15-20% of cost. Do you guys see this as an issue?