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Difference of 5 digit to 4 digit broker

zaragorath · 7 · 1382

zaragorath

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on: Feb 15, 2012, 12:04 AM
Guys, is it easier to trade with which broker? For me, it seems the difference may be a big one.


ferrariEverest

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Reply #1 on: Feb 15, 2012, 12:13 AM
sa katagalan pag sanay ka na, halos pareho lang sila :D

maliit na isyu lang yan , bro.
mas importante yung matino dapat yung broker. :D


papito13

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Reply #2 on: Feb 15, 2012, 11:14 PM
yeah I guess as long as it does not affect the way you trade (which will not) then there is no issue at all, konting adjust lng sa calculation un :)


jmiyake

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Reply #3 on: Feb 16, 2012, 08:24 AM
Guys, is it easier to trade with which broker? For me, it seems the difference may be a big one.

para sa mga scalpers significant ang 5th digit, pero in general 4 digits ay okay na...

It's all about leverage, if you are right then more money for you. If you are wrong, more money you lose


zaragorath

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Reply #4 on: Feb 16, 2012, 12:58 PM
It may seem that i cant make a take profit of less than 50 with my broker, so if the chart is a 4 digit chart, then it will be impossible to take profit at less than 50pips which would be equivalent to 500 pips on the 5 digit chart. Was wondering btw guys, what would happen if you guys dont set a stop loss or a take profit in metatrader, automatic bang trailing stop or profit ba yun?


Prospera

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Reply #5 on: Feb 16, 2012, 01:45 PM
^I-round off mo na lang to 4 digits for easier computation; mas accurate daw kasi pag 5 digits.

You have to set a TP and a SL or else, you can't leave your trades alone. Kailangan nasa harap ka ng computer parati; what if you lose your Internet connection?

Yung trailing stop naman, you have to set it as well. Unless you're using an EA or a script, nothing is automatic with MT4.


jmiyake

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Reply #6 on: Feb 16, 2012, 04:10 PM
It may seem that i cant make a take profit of less than 50 with my broker, so if the chart is a 4 digit chart, then it will be impossible to take profit at less than 50pips which would be equivalent to 500 pips on the 5 digit chart. Was wondering btw guys, what would happen if you guys dont set a stop loss or a take profit in metatrader, automatic bang trailing stop or profit ba yun?

If you don't put either a TP or SL it would go all the way until you exhaust all your margin or you make profit until you close it..

Hmm, in MT4 I think there is no default SL or Trailing stop, so gotta stare at the screen until you close it...


 


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