Hi,
I am considering starting out scalping (using the Cloverix system, but have a (possibly stupid) question:
It seems that the max profit their system is set for is 2:
1966769 2010.08.17 21:40 sell 41.10 eurchf 1.34470 0.00000 0.00000 2010.08.17 21:40 1.34450 0.00 0.00 0.00 787.28 2
1966825 2010.08.17 22:51 sell 41.10 eurchf 1.34420 0.00000 1.34400 2010.08.17 23:17 1.34400 0.00 0.00 0.00 787.20 2
1968973 2010.08.18 21:00 sell 41.20 eurchf 1.34030 0.00000 1.34010 2010.08.18 21:06 1.34010 0.00 0.00 0.00 790.41 2
1969004 2010.08.18 21:11 sell 41.30 eurchf 1.34030 0.00000 1.34010 2010.08.18 21:16 1.34010 0.00 0.00 0.00 792.33 2
1969051 2010.08.18 21:43 sell 41.40 eurchf 1.34030 0.00000 0.00000 2010.08.18 21:43 1.34010 0.00 0.00 0.00 793.78 2
1969063 2010.08.18 21:46 sell 41.50 eurchf 1.34040 0.00000 1.34020 2010.08.18 21:47 1.34020 0.00 0.00 0.00 795.86 2
1969075 2010.08.18 21:49 sell 41.50 eurchf 1.34040 0.00000 1.34020 2010.08.18 21:50 1.34020 0.00 0.00 0.00 795.94 2
1969116 2010.08.18 22:27 sell 41.60 eurchf 1.34040 0.00000 0.00000 2010.08.18 22:28 1.34020 0.00 0.00 0.00 798.32 2
1971944 2010.08.19 21:00 buy 41.70 eurchf 1.32300 0.00000 1.32320 2010.08.19 21:07 1.32320 0.00 0.00 0.00 808.14 2
1971954 2010.08.19 21:00 buy 41.70 eurgbp 0.82190 0.00000 0.00000 2010.08.19 21:14 0.82210 0.00 0.00 0.00 1 300.46 2
1971962 2010.08.19 21:07 buy 41.80 eurchf 1.32330 0.00000 1.32350 2010.08.19 21:15 1.32330 0.00 0.00 0.00 0.00 0
1971990 2010.08.19 21:59 buy 41.90 eurgbp 0.82200 0.00000 0.82220 2010.08.19 22:04 0.82220 0.00 0.00 0.00 1 306.94 2
1972031 2010.08.19 22:22 sell 42.00 eurchf 1.32330 0.00000 0.00000 2010.08.19 22:22 1.32310 0.00 0.00 0.00 813.72 2
1972043 2010.08.19 22:31 sell 42.10 eurgbp 0.82220 0.00000 0.82210 2010.08.19 23:18 0.82210 0.00 0.00 0.00 656.26 1
1972076 2010.08.19 22:48 sell 42.10 eurchf 1.32320 0.00000 1.32310 2010.08.19 23:20 1.32310 0.00 0.00 0.00 407.63 1
1975928 2010.08.23 21:30 buy 42.20 eurchf 1.31760 0.00000 1.31770 2010.08.23 22:00 1.31750 0.00 0.00 -427.33 -405.53 -1
1975951 2010.08.23 22:00 sell 42.10 eurchf 1.31770 0.00000 1.31750 2010.08.23 22:09 1.31750 0.00 0.00 0.00 808.69 2
1975984 2010.08.23 22:17 sell 42.20 eurchf 1.31770 0.00000 1.31750 2010.08.23 22:30 1.31750 0.00 0.00 0.00 810.61 2
1976010 2010.08.23 22:33 sell 42.30 eurgbp 0.81620 0.00000 0.81600 2010.08.23 22:37 0.81600 0.00 0.00 0.00 1 312.40 2
1976035 2010.08.23 22:45 sell 42.40 eurgbp 0.81610 0.00000 0.81590 2010.08.23 22:58 0.81590 0.00 0.00 0.00 1 315.24 2
With this in mind, if the spread charge from my broker is 3 (which seems to be average) on these trades, doesnt that mean that on every trade, it's a loss? Unless the broker commission is baked in somewhere I'm not seeing? If so, how do you make this useful?
I am considering starting out scalping (using the Cloverix system, but have a (possibly stupid) question:
It seems that the max profit their system is set for is 2:
1966769 2010.08.17 21:40 sell 41.10 eurchf 1.34470 0.00000 0.00000 2010.08.17 21:40 1.34450 0.00 0.00 0.00 787.28 2
1966825 2010.08.17 22:51 sell 41.10 eurchf 1.34420 0.00000 1.34400 2010.08.17 23:17 1.34400 0.00 0.00 0.00 787.20 2
1968973 2010.08.18 21:00 sell 41.20 eurchf 1.34030 0.00000 1.34010 2010.08.18 21:06 1.34010 0.00 0.00 0.00 790.41 2
1969004 2010.08.18 21:11 sell 41.30 eurchf 1.34030 0.00000 1.34010 2010.08.18 21:16 1.34010 0.00 0.00 0.00 792.33 2
1969051 2010.08.18 21:43 sell 41.40 eurchf 1.34030 0.00000 0.00000 2010.08.18 21:43 1.34010 0.00 0.00 0.00 793.78 2
1969063 2010.08.18 21:46 sell 41.50 eurchf 1.34040 0.00000 1.34020 2010.08.18 21:47 1.34020 0.00 0.00 0.00 795.86 2
1969075 2010.08.18 21:49 sell 41.50 eurchf 1.34040 0.00000 1.34020 2010.08.18 21:50 1.34020 0.00 0.00 0.00 795.94 2
1969116 2010.08.18 22:27 sell 41.60 eurchf 1.34040 0.00000 0.00000 2010.08.18 22:28 1.34020 0.00 0.00 0.00 798.32 2
1971944 2010.08.19 21:00 buy 41.70 eurchf 1.32300 0.00000 1.32320 2010.08.19 21:07 1.32320 0.00 0.00 0.00 808.14 2
1971954 2010.08.19 21:00 buy 41.70 eurgbp 0.82190 0.00000 0.00000 2010.08.19 21:14 0.82210 0.00 0.00 0.00 1 300.46 2
1971962 2010.08.19 21:07 buy 41.80 eurchf 1.32330 0.00000 1.32350 2010.08.19 21:15 1.32330 0.00 0.00 0.00 0.00 0
1971990 2010.08.19 21:59 buy 41.90 eurgbp 0.82200 0.00000 0.82220 2010.08.19 22:04 0.82220 0.00 0.00 0.00 1 306.94 2
1972031 2010.08.19 22:22 sell 42.00 eurchf 1.32330 0.00000 0.00000 2010.08.19 22:22 1.32310 0.00 0.00 0.00 813.72 2
1972043 2010.08.19 22:31 sell 42.10 eurgbp 0.82220 0.00000 0.82210 2010.08.19 23:18 0.82210 0.00 0.00 0.00 656.26 1
1972076 2010.08.19 22:48 sell 42.10 eurchf 1.32320 0.00000 1.32310 2010.08.19 23:20 1.32310 0.00 0.00 0.00 407.63 1
1975928 2010.08.23 21:30 buy 42.20 eurchf 1.31760 0.00000 1.31770 2010.08.23 22:00 1.31750 0.00 0.00 -427.33 -405.53 -1
1975951 2010.08.23 22:00 sell 42.10 eurchf 1.31770 0.00000 1.31750 2010.08.23 22:09 1.31750 0.00 0.00 0.00 808.69 2
1975984 2010.08.23 22:17 sell 42.20 eurchf 1.31770 0.00000 1.31750 2010.08.23 22:30 1.31750 0.00 0.00 0.00 810.61 2
1976010 2010.08.23 22:33 sell 42.30 eurgbp 0.81620 0.00000 0.81600 2010.08.23 22:37 0.81600 0.00 0.00 0.00 1 312.40 2
1976035 2010.08.23 22:45 sell 42.40 eurgbp 0.81610 0.00000 0.81590 2010.08.23 22:58 0.81590 0.00 0.00 0.00 1 315.24 2
With this in mind, if the spread charge from my broker is 3 (which seems to be average) on these trades, doesnt that mean that on every trade, it's a loss? Unless the broker commission is baked in somewhere I'm not seeing? If so, how do you make this useful?