Wednesday, 25 November 2015
How to Determine Costs When Trading FX? by using NinjaTrader Platform
Two components make up your total transaction costs when trading forex through NinjaTrader Brokerage:
1. Low discount commissions
2. Tight spreads
Sample Trade:1K lot of EUR/USD
Simply add the commission to open and close a 1K EUR/USD trade ($0.04 + $0.04 = $0.08) with the value of the spread (0.3 pips X $0.10) = $0.03.
So Roundturn Transaction Cost = $.11
1. Low discount commissions
2. Tight spreads
Sample Trade:1K lot of EUR/USD
Simply add the commission to open and close a 1K EUR/USD trade ($0.04 + $0.04 = $0.08) with the value of the spread (0.3 pips X $0.10) = $0.03.
So Roundturn Transaction Cost = $.11
Trade Plan on MCX Crude Oil
Trading Duration – 1 month Contract @ July 2015
Started @ 01.07.15
Expected Target – 500 Points
Innvestment – 1 Lakh
Risk Reward ; 1:1, 1:1.5, 1:2, 1;3
Brokerage Breakeven – 1 Point
Achieved Result .. Live Trade
‘ll be updated later..
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