first time today.. question

C

cornelius

Today was my first day trading forex after years of stocks
and futures.

I sold with a market order at 1.4545, but the actual value it was sold at was 1.4521. I then closed with a market order at
1.4420 but the actual value that was closed was 1.4440.
41 pips just got eaten up somewhere in the market.

Is this normal for forex?
 
I think it is not normal.
The orders must be executed ASAP and as close as possible to the market order. Sometimes in your favour.
 
I trade with several brokers, gft, tradestation and fxcm, and that is not normal. Were you trading during the jobs numbers or philly fed numbers? Yes and what broker were you using?
 
Quote from cornelius:

Today was my first day trading forex after years of stocks
and futures.

I sold with a market order at 1.4545, but the actual value it was sold at was 1.4521. I then closed with a market order at
1.4420 but the actual value that was closed was 1.4440.
41 pips just got eaten up somewhere in the market.

Is this normal for forex?
More...

did you trade 100mm size or what?

absolutely not acceptable...
spread at IB 1-2 ticks today, with size around 10 Mio
 
You must log in or register to reply here.
Back
Top