EPISODE · Sep 8, 2022 · 13 MIN
16. Understanding the Spread
from Let’s Talk Forex with Alison and Chris · host FxScouts
If you don’t know how much the spread effects your trading, then you don’t know how much the market needs to move in order for you to cover you trading fees. Tune in and start understanding the Spread to trade Forex successfully. Example of GBP/JPY as mentioned in this episode. Get in touch! FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
What this episode covers
If you don’t know how much the spread effects your trading, then you don’t know how much the market needs to move in order for you to cover you trading fees. Tune in and start understanding the Spread to trade Forex successfully. Example of GBP/JPY as mentioned in this episode: https://fxscouts.com/wp-content/uploads/2019/05/1-minute-chart-1024x441.png Get in touch, email us at [email protected]
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16. Understanding the Spread
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