Hi, I have been trading on forex for a long time and saw different reasons
why traders lose. There were lack of money management, systems, psychology,
greed, hope and so on. However all of them had one common problem.
They didn't control their TradingCost. Almost no one knew about such factor.
They can't explain why system can't work at broker with the lowest spreads ever,
but some guys use it successfully in other trading places.
No one wrote about it. It's difficult to calculate.
The reason is some components of TradingCost are hidden, for example slippages.
Some components, for instance spread, is difficult to measure on openings and closings as well.
What do you think about TradingCost?
why traders lose. There were lack of money management, systems, psychology,
greed, hope and so on. However all of them had one common problem.
They didn't control their TradingCost. Almost no one knew about such factor.
They can't explain why system can't work at broker with the lowest spreads ever,
but some guys use it successfully in other trading places.
No one wrote about it. It's difficult to calculate.
The reason is some components of TradingCost are hidden, for example slippages.
Some components, for instance spread, is difficult to measure on openings and closings as well.
What do you think about TradingCost?