*Official* Forex Trading thread. (DYODD advised) - Part 2

[xersion]

Of course commission accounts will have better spreads.

My high frequency trading will pay commission until siao haha.

August trading turnover volume is US$20 Million.

That's y take Cashback... 20mil u can get 2k

Sent from OPPO X9079 using GAGT

 

[awful999]

Of course commission accounts will have better spreads.

My high frequency trading will pay commission until siao haha.

August trading turnover volume is US$20 Million.

commission is cheap, I compare before even count in commission still PS better, and scaling tight spread is good, some more can get trade rebate

 

[tiertime]

You using Philip ? Yes Philip is about 2, PS is 0.4

what is PS?

 

[Knight_Rider]

commission is cheap, I compare before even count in commission still PS better, and scaling tight spread is good, some more can get trade rebate

Ready for 20 sec chart? Spread lagi tight. Tell me when you ready.

 

[xersion]

what is PS?

Pepperstone

Sent from OPPO X9079 using GAGT

 

[awful999]

Ready for 20 sec chart? Spread lagi tight. Tell me when you ready.

wow 20sec..

 

[havetheveryfun]

Thanks. I can hold very long. No worries.

Stocks and bonds can go to zero but not Forex.

wont go to zero but the holding cost wont eat u up if hold for too long ?

 

[Knight_Rider]

wow 20sec..

For banks 90 sec trading style. 1 pip also huat. For those who like to hit hard and run. Super tight spread = perfect for 3 pips scalping.

 

[awful999]

For banks 90 sec trading style. 1 pip also huat. For those who like to hit hard and run. Super tight spread = perfect for 3 pips scalping.

I think for me M1 enough haha, cant take less then that

 

[Mr.Canberra]

Swap Points

wont go to zero but the holding cost wont eat u up if hold for too long?

Depends whether your position is short or long and which currency pair.

Swap points quite insignificant even if I am paying. When the position eventually recovers it will usually be closed with a profit.

___________________________________
LONG | SHORT
___________________________________
AUD/USD: GAIN PAY
NZD/USD: GAIN PAY
EUR/USD: PAY GAIN
USD/CAD: GAIN PAY
USD/CHF: GAIN PAY
USD/JPY: GAIN PAY
USD/SGD: GAIN PAY
-----------------------------------

Anyway for those who are not familar with my trading style I just want to say NO STOP LOSS strategy is not for everyone. If you adopt this strategy the minimum requirement is you must have no high blood pressure in case you get stroke haha.

If I am institutional trader I cannot have no stop loss because I am playing with investors' millions. As a private trader I am playing with my own money so I only answer to myself.

 

[tiertime]

Pepperstone

im using CMC markets, the lowest spread is 0.7 is PS offering lowest spread @ 0.4?

edit i just read from here https://pepperstone.com/en/forex-trading/spreads

That pepperstone spread is mostly 0.1 !!!... i shd be closing my CMC markets! is PS safe?

 

[Knight_Rider]

I think for me M1 enough haha, cant take less then that

NU bounce bounce bounce at R1 cardio training at it's peak

 

[havetheveryfun]

Depends whether your position is short or long and which currency pair.

Swap points quite insignificant even if I am paying. When the position eventually recovers it will usually be closed with a profit.

___________________________________
LONG | SHORT
___________________________________
AUD/USD: GAIN PAY
NZD/USD: GAIN PAY
EUR/USD: PAY GAIN
USD/CAD: GAIN PAY
USD/CHF: GAIN PAY
USD/JPY: GAIN PAY
USD/SGD: GAIN PAY
-----------------------------------

Anyway for those who are not familar with my trading style I just want to say NO STOP LOSS strategy is not for everyone. If you adopt this strategy the minimum requirement is you must have no high blood pressure in case you get stroke haha.

If I am institutional trader I cannot have no stop loss because I am playing with investors' millions. As a private trader I am playing with my own money so I only answer to myself.

ya no big balls or deep pockets don't anyhow play play no stop loss..

But isn't long USD/AUD and short AUD/USD the same ?

But why long USD/AUD need to pay holding cost while short AUD/USD you get paid for holding it ?

Is it because less ppl trading(so less volume) AUD/USD? but the volume shouldn't matter much ?

 

[tiertime]

Anyone using Pepperstone here? any review?

 

[ctstalin]

Anyone using Pepperstone here? any review?

Switched from cmc since March. No regrets.

 

[tiertime]

Switched from cmc since March. No regrets.

can i know what is the Pepperstone "razor account", does it mean micro/mini account?

Have you tried withdrawing funds from PS?

 

[ctstalin]

can i know what is the Pepperstone "razor account", does it mean micro/mini account?

Have you tried withdrawing funds from PS?

Razor account are commissions based, in return for tighter spreads. Around 9.11 sgd per standard lot. Don't know what you meant by micro/mini account. Razor account also can trade micro and mini lot size, the commission you pay will be scaled accordingly

And yea, no problem withdrawing money

 

[Mr.Canberra]

Unsolicited Content (Commercial solicitation / Ads / Referrals / Spam)

Haha sell snake oil huh?

LOL just kidding only!

 

[awful999]

Unsolicited Content (Commercial solicitation / Ads / Referrals / Spam)

if you got the cash rebate program then the friend promo not qualify , i kena this

 

[ctstalin]

Haha sell snake oil huh?

LOL just kidding only!

if you got the cash rebate program then the friend promo not qualify , i kena this

Not under any cash rebate program