EA Forex Academy – Algorithmic & Manual Trading Courses › Forums › Forex Trading Forum › GBPUSD Spread
- January 17, 2020 at 10:24 #34960
I am trading with GBPUSD and it is losing in some strategies. I wonder if you recomend something in particular to validate with GBPUSD
Another thing. I have a standard account and the spread is >10 sometimes 12. But i pay no commission. Do you recomend me to move to a Pro account with 1 lot = 7 USD but spread below <10?
thanksJanuary 18, 2020 at 8:53 #35244
could be you are just hitting such a period with your strategies. Did you run Monte Carlo for them?
It is up to you about the commission and the spread, I think at the end of the day it is one and the same thing.January 18, 2020 at 11:01 #35249
yes I ran montecarlo and also this OOS 10% to not over optimized. I didnt get many strategies but some won some were loss.
About Spread. I am asking because you were saying in one of the courses that we need to have a spread lower than 10 to have profitable strategies.
FacundoJanuary 18, 2020 at 13:46 #35259
Yeah, actually, GBPUSD spread above 10 is a lot…which is the broker you are using?January 19, 2020 at 17:03 #35339
Axitrader. with a Pro account paying 7 USD Lot they dont have that spreadJanuary 19, 2020 at 22:56 #35367
I guess it is just normal. With JFD for example, it is 6 dollars commission per lot.
If you can open the two types of accounts in a Demo, and place there same 10 EAs, for example. If you trade them for one week you will see which one will be the better choice.January 20, 2020 at 13:52 #35414
thanks for the tipJanuary 21, 2020 at 22:05 #35492
You are welcome!
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