Hi
I have some questions about trading large lots in Forex. I have been trading GBPUSD and EURUSD scalping successfully for a while now and have been approached to manage a large fund by a group of private investors.
I usually scalp 5-10pips about 7-10 times a day, with about 3 in 4 winners. My questions are as follows:
1) I currently trade from IB and have not had any issues trading 10-20 lots at a time for scalping. Will there be any issues trading 200-300lots, (20-30 million) such as fills, etc?
2) Will IB have issues with scalping large lots several times a day?
3) Are there any specialized brokers I should be looking at with enough liquidity that 20-30 lots are not a problem to fill regularly?
4) In general, are there traders who scalp these large amounts on Forex and have they run into issues before?
Any advice and/or comments would be much appreciated.
I have some questions about trading large lots in Forex. I have been trading GBPUSD and EURUSD scalping successfully for a while now and have been approached to manage a large fund by a group of private investors.
I usually scalp 5-10pips about 7-10 times a day, with about 3 in 4 winners. My questions are as follows:
1) I currently trade from IB and have not had any issues trading 10-20 lots at a time for scalping. Will there be any issues trading 200-300lots, (20-30 million) such as fills, etc?
2) Will IB have issues with scalping large lots several times a day?
3) Are there any specialized brokers I should be looking at with enough liquidity that 20-30 lots are not a problem to fill regularly?
4) In general, are there traders who scalp these large amounts on Forex and have they run into issues before?
Any advice and/or comments would be much appreciated.