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Friday, March 22, 2013

Warning - Spread

Last night when I was trading. I was following my 1H Tunnel strategy. It turned out that one pair of currency (GBPDKK) matched the strategy pattern. I went short. Just right after I clicked sell, it showed on the profit column -767 point. I mean, if I followed the strategy I would only get maximum 377 pips. So I had to accept as a loss.

You have to be careful of the spread when you're trading. Small spread is easier to trade.

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