A bit of maths :) - page 8
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For example, here the commission is only charged when a position is opened
and if you do it twice, it's robbery.
In the screenshot you have $10 per lot. If you compare, 20$ per million turnover is like 2$ per lot <- Andy Sanders also wrote about it at the beginning of the thread (and since at opening and closing, it ends up as 4$ per lot).
10$ is more than 4$.
Added: Went to the site in the afternoon and in the course of reading further - lost the thread. Later realised that you were quoting exactly those figures compared to $20 per lot
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A bit of maths :)
Oleg avtomat, 2017.07.17 09:26
It makes a lot of sense to trade EURJPY -- a great pair
If you add a $20 per lot commission to that spread (which is about 26 pips at a time, not total), I doubt this pair will remain as attractive for you in terms of terms.
Here I gave an approximate calculation forNZDAUDGBPAUD at$20 per lot: https://www.mql5.com/ru/forum/211341/page2#comment_5458668, where about 26 pips is the calculation for one way commission (taken once).
Here for NZDAUDGBPAUDat $20 per mil:https://www.mql5.com/ru/forum/211341/page2#comment_5458565, where about 7 or 6 pips is the total commission (taken twice).
Based on Friday's quotes.
EURJPY has about the same point value of price movement asGBPAUD. But EURJPY has a much smaller spread, which is roughly what you have shown in the screenshot.
You can see more accurate calculations on the demo yourself.
Added: EURJPY has a larger profit/loss point than GBPAUD. I.e. the commission will beless than in GBPAUD trading
P./S.: Exchange rates fluctuate, therefore I must clarify that the given data is not a constant.
Eurjpy
f4u 9pp spread + $11 commission = $20
lmax 3.5p spread + $5.5 commission = $9
11 quid difference per lot.
If you trade 50 lots per month, this saves 550 quid.
You should not even pay attention to all those who talk about catching pips and such nonsense. All they will learn to count trading costs as soon as they see their impact on the amount withdrawn in hard cash.
Eurjpy
f4u 9pp spread + $11 commission = $20
lmax 3.5 spread + $5.5 commission = $9
11 quid difference per lot.
With a monthly trade of 50 lots, that saves 550 quid.
All those who talk about catching pips and such nonsense should not even pay attention. All they quickly learn to count trading costs as soon as they see their impact on the amounts withdrawn in hard cash.
There you go. Trading costs are of the essence
Added: Went to the site in the afternoon and in the course of reading further - lost the thread. Later realised that you were quoting exactly those figures compared to $20 per lot
Exactly like this.
========================
But I see that the arguers here don't take movement parameters into account at all, but focus entirely on collateral and spreads.
And they call themselves "professional traders" (is it narcissism?), with profitable/lossmaking results ~ 52/48, which is a far cry from RNG(random number generator, if you don't know). What is "professionalism" about? Is it the proximity of the results to the RNG?A person develops rather slowly, not only physically but also mentally. Accordingly, up to a certain age, he is in principle unable to foresee certain consequences of his actions and practically anyone can take advantage of this and get a child to act in a way that causes that child considerable harm himself.
;)
A person develops rather slowly, not only physically but also mentally. Accordingly, up to a certain age, he is in principle unable to foresee certain consequences of his actions and practically anyone can take advantage of this and get a child to act in a way that causes that child considerable harm himself.
;)
Another one got bombed :))) They start making up crap to justify themselves as adults
Don't turn your sore head into a healthy one.
;)))))
Олег avtomat:
But I see that the debaters here are completely oblivious to the movement parameters, but completely focused on collateral and spreads.
And they call themselves "professional traders" (does this narcissism?), with profitable/lossmaking results ~ 52/48, which is a far cry from RNG(random number generator, if you don't know). What is the professionalism? In the proximity of the results to the RNG????
P./S.: Please see the thread from the beginning.???
P./S.: Please take a look at the topic from the beginning.It's all interconnected.
Well, I won't interrupt. I wish you well.