If your trading tonight I would use only mental stops or very wide stops.
Seems the Interbank are Stop Busting and that is not SLM. Bigger things going on behind the scenes so retail traders buckle up.
Eurozone crisis, Japan falling apart, Middle East falling apart, New Zealand earthquake recently, commodities surged lately, poor going hungry, well off feeling the pinch, the world's falling apart... and it's only March! It's really mental out there.
Actually I do have a moral conflict with trading somewhat... as people die and suffer and the poor get poorer we retail traders calmly try to make a few quid betting on the misery. I just hope people who win big in this game give something back.
and...On EU...I was able to get 1pip spreads most of the time which is awesome...With mt4, as nice as this is to use, its also a problem to take trades quickly because of the order window being large and bit tedious...(Yes, im also aware that scripts and stuff can be used to speed this up)Was that supposed to be directed towards me because you feel I was trying to ask for too much? I was merely sharing a concern, if theres something you need to say towards me, please feel free to tell me straight up or just PM me whatever you need to say
The reason why i posted MY personal concerns/opinion about the spread issue is because when you are trading with 10-12pip stops, EVERY small increase potentially increases your risk factor. Atleast for me it does. I understand about mt4 thats its fab being able to trade with this, but then thats not an excuse either for any broker to increase the spreads as some sort of premium just for using a platform thats a recognized standard with retail brokers.
ANYWAY, im not looking to get into a different discussion, I only wanted to know if anybody else was disappointed with the increased spread.
To pineapple: Trading IG has been fine as ive been with them for just over 2 years, I liked the idea of being able to simply pop open a web based ticket window and the ability to overlay this to the left of my Metatrader, and when its ready to place my trade, I can basically have ONE-CLICK trading
Anyway I think this will be my last post here as I dont feel anybody will understand where im coming from or agree with me on anything and I dont wanna end up in long debates.
Thanks for sharing experiences so far in the thread guys, much appreciated. But i think i'll take my leave and just keep things to myself now, was probably a bad move to try and share my concerns and opinion here in this thread. Sorry gents, please continue the discussion. Have a good evening fella's.
Was that supposed to be directed towards me because you feel I was trying to ask for too much? I was merely sharing a concern, if theres something you need to say towards me, please feel free to tell me straight up or just PM me whatever you need to say
The reason why i posted MY personal concerns/opinion about the spread issue is because when you are trading with 10-12pip stops, EVERY small increase potentially increases your risk factor. Atleast for me it does. I understand about mt4 thats its fab being able to trade with this, but then thats not an excuse either for any broker to increase the spreads as some sort of premium just for using a platform thats a recognized standard with retail brokers.
ANYWAY, im not looking to get into a different discussion, I only wanted to know if anybody else was disappointed with the increased spread.
To pineapple: Trading IG has been fine as ive been with them for just over 2 years, I liked the idea of being able to simply pop open a web based ticket window and the ability to overlay this to the left of my Metatrader, and when its ready to place my trade, I can basically have ONE-CLICK trading
Anyway I think this will be my last post here as I dont feel anybody will understand where im coming from or agree with me on anything and I dont wanna end up in long debates.
Thanks for sharing experiences so far in the thread guys, much appreciated. But i think i'll take my leave and just keep things to myself now, was probably a bad move to try and share my concerns and opinion here in this thread. Sorry gents, please continue the discussion. Have a good evening fella's.
