Lets say I have won 50 out 50 trades (some overnight , so in europe session) in micro eur/usd. The total won would be about 150$. Comissiones were clearing 50$,total rounds trip ammount 50$, commision 25$, exchange 16$. How is possible to make money? Anyone knows what happens here? Thanks.
Sounds like you are putting on a position, and then scalping out a two tick profit. How is it possible to make money? Stop scalping.
- you cannot scalp net profitable with micro contracts - change broker - trade with more size, so you can negotiate better commissions - trade other products that are more cost effective (ZB, ZN, FDAX, FESX, FGBL, FGBM) - lease a seat
friction costs, as above, are what kills any supposedly successful trading system but they do sell newsletters which fail to include them.
Find a better broker, most FX ones are just spread cost, work out if thats less than above or not. I trade fxcm, tight ish spread plus a commision these days, EU im looking at a 1.2pip cost all in. See if you can trade the DAX/ger30 thats the cheapest cost and best mover for me.
I discard FX couse i haven`t got such a big account to send an order to the market. I will check dax/ger or maybe other =) thanks.