Still haven't quite figured out the ins and outs of currency calculation when it comes to the spot forex market...especially when the trade involves two currencies other than the base currency of the account (USD).
This causes some risk management issues as
Aside from that, there is also different minimum sizes for the various currency pairs that I need to know BEFORE I pull the trigger. Otherwise I end up missing my often fleeting ideal entry. Couple that with a large spread relative to my "playing field" (distance between my stop and target) and liquidity problems, making it difficult to enter and exit the market (probably due to small size...will play with that to confirm) and I feel lucky to have got out of this trade with an 14 tick gain on 18K.
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