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Old 03-31-2007, 06:47 PM
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colin colin is offline
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Join Date: Dec 2006
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Quote:
Originally Posted by lagoona2003 View Post
Their pip spread and the garuntees of things like slippage or lagging execution during news trades. Or even the fact that they let you trade during news days at all.
Trading news on a retail broker is a losing battle for you, the trader. The broker will always win as it is their field that you're playing on. If you want to trade news then use a broker that doesn't make their money through the spread, but charges a commission like brokers in other markets do.

Of course if you use an ECN broker you don't have guaranteed stops, and you have to deal with real market prices which can gap like crazy especially around news time.

No-one said trading was easy... (apart from those tv-infomercials, but you know what ... they're lying).
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