Wide Spreads Problem: Is it due to Brokers or current market depression?
Fap Turbo Scam My Comments Add commentsHi Guys and Girls,
The question Fap Turbo customers always ask and yet there is no answer is why the spreads have widened, thus Fap Turbo cannot trade so is ineffective.
Just to explain the problem, the difference between buy and sell quotes is called the spread. The spread can vary from broker to broker, and normally it varies from 3 to 5 pips. If the spread is between 3 to 5 pips, than Fap Turbo has the right environment to trade is scalping mode and in this case, Fap Turbo in my tests was successful. Even yesterday did 3 nice profit trades, more on this later.
Now the wider the spread the more the quotes need to shift in our favour to close the trade in profit. See this post for example in this blog.
The spreads of a forex live account
What has happened in early January is that the spread has become 7 to 9 pips, which definitely is not favourable for Fap Turbo, so it cannot trade. In fact last week I only had 1 trade over the whole week!
The question people are asking is this:
Why the spreads have widened this far so as Fap Turbo cannot trade?
There are two theories, two possible answers.
1) The spreads have widened because of the current market depression, thus there isn’t enough liquidity in the market. This can be a plausible fact.
2) The brokers have increased the spread due to Fap Turbo. Since many copies were sold of Fap Turbo, the bhrokes have widened the spreads so as Fap Turbo does not trade.
Now since I never traded in the stock market I can’t say if reason 2) is plausible. Again I am testing Fap Turbo from beginners point of view, and there are other blogs that are testing Fap turbo from professional point of view since they are active traders.
From my stupidity, for every buy trade as far as I know (or sell?) it includes its broker commission. So the more trades are done, the more profit the broker can gain, isn’t it? This is what I think, although I know it is a naive thinking. So why the brokers needs to increase the spread?
If any trader reading this blog can shed some light on this issue it will be greatly appreciate. So what do you think?
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Author: Fap Turbo Scam
Tags: Active Traders, Blog, Blogs, Broker Commission, Buy And Sell, Buy Sell, Current Market, Depression, Environment, Favour, Forex, Girls, Guys And Girls, Liquidity, People, Pips, Point Of View, Professional Point, Quotes, Reason 2, Stock Market, Stupidity, Two Theories
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October 1st, 2009 at 11:28 pm
very nice informative post. thumbs up. I am waiting to read more post in the future.