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General Discussion

GBPUSD Spread

  • by facundo
  • 7 replies
  • 0 voices
  • active 7 years ago
Viewing 8 posts - 1 through 8 (of 8 total)
  • facundo

    Hi Petko,

     

    I am trading with GBPUSD and it is losing in some strategies. I wonder if you recomend something in particular to validate with GBPUSD

     

    Another thing. I have a standard account and the spread is >10 sometimes 12. But i pay no commission. Do you recomend me to move to a Pro account with 1 lot = 7 USD but spread below <10?

     

    thanks

  • Petko Aleksandrov Algo Trading Space team

    Hello Facundo,

    could be you are just hitting such a period with your strategies. Did you run Monte Carlo for them?

    It is up to you about the commission and the spread, I think at the end of the day it is one and the same thing.

     

     

  • facundo

    Hi Petko,

     

    yes I ran montecarlo and also this OOS 10% to not over optimized. I didnt get many strategies but some won some were loss.

    About Spread. I am asking because you were saying in one of the courses that we need to have a spread lower than 10 to have profitable strategies.

     

    Thanks

    Facundo

  • Petko Aleksandrov Algo Trading Space team

    Yeah, actually, GBPUSD spread above 10 is a lot…which is the broker you are using?

  • Petko Aleksandrov Algo Trading Space team

    I guess it is just normal. With JFD for example, it is 6 dollars commission per lot.

    If you can open the two types of accounts in a Demo, and place there same 10 EAs, for example. If you trade them for one week you will see which one will be the better choice.

     

Viewing 8 posts - 1 through 8 (of 8 total)

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