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Author Topic: Spread is king?  (Read 27425 times)

Offline Khan00

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Re: Spread is king?
« Reply #90 on: March 18, 2020, 10:54:51 AM »
In forex trading, the difference between Bid price and Ask price determines the size of spread. Being a trader, you need to bet whether the price of a currency

Offline Libson

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Re: Spread is king?
« Reply #91 on: April 16, 2020, 01:46:40 PM »
Spreads are important factors while trading, so starting with lower pips is good. Find a broker that has tighter spreads.

Offline fxopen78

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Re: Spread is king?
« Reply #92 on: April 17, 2020, 01:16:35 AM »
Especially scalper, the low spread is more preferable because they have small pips target in daily trading, so low spread giving more advantage, but usually, each pair has own spread, so we also need to reading contract value and spread value through our broker site

Offline Eliza Abrams

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Re: Spread is king?
« Reply #93 on: April 17, 2020, 02:17:33 PM »
If you are a scalper working with wide spreads is impossible.

Offline fxopen78

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Re: Spread is king?
« Reply #94 on: June 08, 2020, 11:33:37 PM »
The tight spread is more preferable for scalping, but for comfortable trading will more preferable to swing trading rather than scalping I think, scalping needs more focus on the chart, while swing trading not every time we should in front of the screen.

Offline drunkfx

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Re: Spread is king?
« Reply #95 on: June 09, 2020, 07:00:10 AM »
Spread is a king especially for HFT trading, I run a bot with Hotforex which edge is extremely spread sensitive. Even one pip can make difference!

Offline fxopen78

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Re: Spread is king?
« Reply #96 on: June 21, 2020, 10:51:49 PM »
Different pairs also different spread sometimes, major pair usually has lower spread if compared with exotic pair and cross pair, the most pair that many traders like to trade is EURUSD, but there are some trader trying scalping on gold, although this is risky due spread higher than major pair.

Offline drunkfx

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Re: Spread is king?
« Reply #97 on: July 13, 2020, 07:34:01 AM »
Spread is a king especially in HFT trading, I trade using scalping robot with Hotforex which edge is extremely spread sensitive. Even one pip can make difference, that's why it is platform sensitive too. I spent a lot of time picking right broker for it.

Offline HFT Group

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Re: Spread is king?
« Reply #98 on: July 13, 2020, 08:18:13 AM »
Spread is a king especially in HFT trading, I trade using scalping robot with Hotforex which edge is extremely spread sensitive. Even one pip can make difference, that's why it is platform sensitive too. I spent a lot of time picking right broker for it.

What scalping EA do you use? Is it profitable for you? Have you tried it on brokers with tighter spreads than Hotforex?

Offline fxopen78

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Re: Spread is king?
« Reply #99 on: July 15, 2020, 11:09:57 PM »
Not all broker allow scalping trading, because it can be loaded heavy traffic in the trading server, in addition, scalping ea I think will work aggressively, if they over trading although spread cost is low, might not help much to develop a better trading system

Offline drunkfx

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Re: Spread is king?
« Reply #100 on: September 16, 2020, 05:07:14 AM »
Spread is a king especially in HFT trading, I trade using scalping robot with Hotforex which edge is extremely spread sensitive. Even one pip can make difference, that's why it is platform sensitive too. I spent a lot of time picking right broker for it.

What scalping EA do you use? Is it profitable for you? Have you tried it on brokers with tighter spreads than Hotforex?

Yes I also tried it on Tickmill too, both Hotforex and Tickmill demonstrate great results. It is quite simple rule-based momentum EA with dynamic stop loss which is sensitive to trading conditions. Key idea was to determine statistically when momentum happens - should it be event-based (new info hits the market) or technical breakouts-based. I use a mix of them.

Offline reinerh

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Re: Spread is king?
« Reply #101 on: September 16, 2020, 06:52:33 PM »
Spread is a king especially in HFT trading, I trade using scalping robot with Hotforex which edge is extremely spread sensitive. Even one pip can make difference, that's why it is platform sensitive too. I spent a lot of time picking right broker for it.

What scalping EA do you use? Is it profitable for you? Have you tried it on brokers with tighter spreads than Hotforex?

Yes I also tried it on Tickmill too, both Hotforex and Tickmill demonstrate great results. It is quite simple rule-based momentum EA with dynamic stop loss which is sensitive to trading conditions. Key idea was to determine statistically when momentum happens - should it be event-based (new info hits the market) or technical breakouts-based. I use a mix of them.

so which ea do you use to trade momentum ??

 

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