hi bas,

when start to trade? 

if not for stop loss trigger, could have made 150 pips... who know? still stick to SL to protect the trade...

baseerahmed      ( Date: 22-Sep-2008 17:52) Posted: Demo trade on UJ got my +30 pips for today  106.31 down to 105.00 caveat emptor -- past performance in no indication of future gians/loss -- for education and entertainment purposes only .

Then it must also be noted that especially in online transactions, there is definitely a time lag between the time when you click your order to the time when your order can be practically and electronically processed.

Imagine a situation in which mountains of people are in a frenzied rush and mad scramble to buy properties, shoving and trodding over each other in the process...

With the overwhelming trading activity during frenzied forex periods, one should not expect a 'spot-on' fill at all...

One should accept a wide slippage when it occurs because it may be not be intentional at all...   

 

During times of very important economic news widening spreads are there mainly because of 2 reasons:

1. Forex brokerages tend to 'discourage' retail players from gambling/punting on newsflow - so spread widening is done to make it costly for such punts;

2. Institutional trades add pressure to the way the exchange rates moves - while volume is practically unmeasurable (>$2trillion/day), it still is a finite amount of $$$ being traded; it is possible for BBs to still move currency to the extent that gapping occurs.