I am one of those traders who don’t like very short term! My limit is always at 200 PIPs and my stop at 100 PIPs.
I want to ask you a question:
What is the point of taking hundreds or even thousands of trades by month when you can make the same profits with more or less 10 trades? (Knowing that the more you trade the more you pay spread)
So is it better to take only 10 trades a month with for example EUR/USD and paying only (15 pips of spread, based on a 1.5 pip spread) or taking 200 short term trades a month and paying 300 pips of spread!? I think that for your broker the second choice is the good one…!
I want to ask you a question:
What is the point of taking hundreds or even thousands of trades by month when you can make the same profits with more or less 10 trades? (Knowing that the more you trade the more you pay spread)
So is it better to take only 10 trades a month with for example EUR/USD and paying only (15 pips of spread, based on a 1.5 pip spread) or taking 200 short term trades a month and paying 300 pips of spread!? I think that for your broker the second choice is the good one…!