trading with 10 millions VS 1 million ?? - Page 3
Page 3 of 613 FirstFirst 123
Results 21 to 25 of 25

Thread: trading with 10 millions VS 1 million ??

  1. #21
    In addition, I recommend reading Darkstar's thread on this, it's extremely informative.

  2. #22
    Quote Originally Posted by ;
    On an exchange, the ask price is coupled with an amount/volume the vendor may give you of the currency you are buying. When you fill this number with your long order, the following greatest price (always higher) becomes the new ask price, along with the bid goes onto it. No magic involved, just supply and demand. To see a picture illustration, go back to darkstar sticky from the brokers forum.
    Thanx Plutonite,

    which has been a great help, I'm starting to see why price goes, why it doesn't and who's moving it.

  3. #23
    Quote Originally Posted by ;
    yep! But on a 10-lot order, I will break it down to 10 1-lot orders. Not a 10-lot order would find a bad fill or move the market (1mil order is considered rather small), its just good practice to spread out the implementation risk.
    1mil can move the market a few pips. I have done it. If you can stomach losing a few 100s, it ought to try sometime.

  4. #24
    Quote Originally Posted by ;
    1mil can move the market several pips. I've done it. If you can stomach losing a few 100s, you ought to try it sometime.
    Which shouldn't happen. Liquidity providers typically quote 2-3M in a minimum. I'd find a new broker.

  5. #25
    Yeah thats. If the market moved when you hit the go button it is either a coincidence, or just like TraderKGB stated... get a new broker! 1 mio is just nothing in the FX market. Wouldnt even move the kiwi 1 pip on a monday morning (market open).



    Quote Originally Posted by ;
    1mil can move the market several pips. I've done it. You should try it, if you can stomach losing a few 100s.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.