Again here on this pair EUR SGD, same situation I probably missed 800+ pips, took 500, does this mean my exit is wrong? Am I going to cry about taking 500 points? I entered at the bottom red line & exited at the top red line.
People will say not to trade this pair etc, swaps are to high, spread its to high. But why are you worrying about that. So what if the broker is putting a spread on, 5 pip 10 pip 20 pip, I don't care.
Unless you're trying to only win 1 or 2 points then you'd be worried about this kind of stuff. People go from broker to broker, worrying about nonsense, have it in their head that a particular broker is trying to cheat them. Yes there will be some out there. But there is enough that are just normal financial institutions. People are so quick to play the blame game. Everyone else's fault but their own. I've been stopped by a few pips the broker is hunting my SL etc I was exactly the same about 8 years ago.
I was worrying about sever speed, having a VPS in NYC close to the stock exchange etc so I can put my trades in faster with a faster server & it's in a different location so it's safer. What the hell I don't even know anything about server's or speeds or execution of a trade. What as I doing thinking I need VPS next to the stock exchange lol I look back & laugh. I was just following the gurus telling me all this was needed...
People will say not to trade this pair etc, swaps are to high, spread its to high. But why are you worrying about that. So what if the broker is putting a spread on, 5 pip 10 pip 20 pip, I don't care.
Unless you're trying to only win 1 or 2 points then you'd be worried about this kind of stuff. People go from broker to broker, worrying about nonsense, have it in their head that a particular broker is trying to cheat them. Yes there will be some out there. But there is enough that are just normal financial institutions. People are so quick to play the blame game. Everyone else's fault but their own. I've been stopped by a few pips the broker is hunting my SL etc I was exactly the same about 8 years ago.
I was worrying about sever speed, having a VPS in NYC close to the stock exchange etc so I can put my trades in faster with a faster server & it's in a different location so it's safer. What the hell I don't even know anything about server's or speeds or execution of a trade. What as I doing thinking I need VPS next to the stock exchange lol I look back & laugh. I was just following the gurus telling me all this was needed...
J12
1