This is not was my point..and there is brokers with fixed spread mate stop talking b**lshit plsThere is no such thing as a fixed spread in a real market.
This is not was my point..and there is brokers with fixed spread mate stop talking b**lshit pls
Demo doesn't count.
kn0wing to trade and have great strategy it's for sure very imp0rtant' .... BUT the next thing is
s0und so simple and nothing special about this
Yet this is the reason why top traders never ever fear to enter a position with huge chunk of money...
I was speaking with a lot of traders about this...
Always the same answer I get...
I cannot hold the feeling(psychology) to enter with huge chunk of money on a position...100 lot...or 50 lot
99.99 % fear this ..why?
The value per pip is huge...psychological game
The key to kill this fear f0rever and ever
Is to understand that
If you enter with 1 lot or 50 lot or 100 lot
Its fucking the same...
Forget the huge number
And just know
If the spread is 17 pips
You need to bring back 17 pips
To break even...forget the value of the pip
Its sound simple and stupid yet here is the bullet that kill this fear
Beacuse
If the spread is 17 pips
You need bring back 17 pips
Forget the value and look on it ,
In this way
What the spread?
It's all relative...
Here 99.99 traders falls because
Hell he trading 50 lot..how he hold this
In fact top traders dont give a shit about the value
Per pip
What they know
Is the spread...
Its depend if the spread is fixed or flow....
Even here it's the same
This is the bullet of top traders that kill this fear fiever
If the spread is 17 for example on forex..
They look on it as pips and not value per pip
In different words
When traders enter with huge chunk of money on a position they have feeling that the spread is suddenly bigger...psychological effect from the value per pip...
Yet
Top traders dont give a shit to the value,
What they know is
If the spread is 17
I need 17 pip back and nothing more
They even dont think about the value per pip
Because it's all the same
If you the value per pip is 100$ or 100000$
Its fucking the same from the point view of pips
For example
17 pips(spread) x 1 = 17
17 pips(spread) x 10 = 170
17 pips(spread) x 100 = 1700
From the point view of pips it's the same
You need bring back 17 pips...
This is why top traders not fear to look on the screen
When they enter and the value per pip is even
100k
Its fucking the same
One traders once told me I dont enter 100 usd
Per pip...
I asked him why?
He told me you are now -1700 usd
Compare to 10 usd per pip
Do you get how wrong heis thinking
Trust me this is the bullet of top traders which kill forever the fear
I told him wether your pip value is 100usd or 10 usd
It's the same
Hhhhh
Sound simple but hell...99.99% dont get it
No you read my post...ask any top traderRead my post again before you post your bullshit.
You will never ever find on demo account this things...
Trust me
Demo or not
You cannot do 500 orders and they all winnings...
Hell scary shit
No you read my post...ask any top trader
The dont give a shit about the value per pip
What Important is the spread...
Any real top trader will say this...
I also exploited the system in illegal way..there hackers which never lose....you far away from this sharps mind
Hood luck dick head
.I find spread without volatility a useless measure myself. I’ve seen stocks move several percent without spread widening more than a penny wide. It’s the world of HFT. Exposure and volatility would be a better measurement for risk than spread.