need help with this please (comissions)

[Javier]

Lets say I have won 50 out 50 trades (some overnight , so in europe session) in micro eur/usd.

The total won would be about 150$.
Comissiones were clearing 50$,total rounds trip ammount 50$, commision 25$, exchange 16$.

How is possible to make money? Anyone knows what happens here? Thanks.

 

[Tavurth]

Sounds like you are putting on a position, and then scalping out a two tick profit.

How is it possible to make money? Stop scalping.

 

[CALLumbus]

- you cannot scalp net profitable with micro contracts
- change broker
- trade with more size, so you can negotiate better commissions
- trade other products that are more cost effective (ZB, ZN, FDAX, FESX, FGBL, FGBM)
- lease a seat

 

[zdreg]

Comissiones were clearing 50$,total rounds trip ammount 50$, commision 25$, exchange 16$

friction costs, as above, are what kills any supposedly successful trading system but they do sell newsletters which fail to include them.

 

[Javier]

thank you very much for all answer =) thanks guys I will take note

 

[zdreg]

thank you very much for all answer =) thanks guys I will take note

politeness will get you kicked out of ET. you must be somewhere from Europe.

 

[Turveyd]

Find a better broker, most FX ones are just spread cost, work out if thats less than above or not.

I trade fxcm, tight ish spread plus a commision these days, EU im looking at a 1.2pip cost all in.

See if you can trade the DAX/ger30 thats the cheapest cost and best mover for me.

 

[Javier]

I discard FX couse i haven`t got such a big account to send an order to the market.
I will check dax/ger or maybe other =) thanks.