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Sorry for the confusion. I meant the commision is about $5 round trip meaning that you have to gain 4 ticks to cover for commisions alone. Trading spot forex you would only need two pips max to break even.
Therefore I see no ratio for trading M6E.
Can you help answer these questions from other members on NexusFi?
I pay $2.22 RT using Mirus Futures. I was surprised after I put a couple trades on because I was expecting $5 RT
Since he has been testing this automated strategy using the 6E, it is possible that he uses volume or order flow in his system. The only reason I don't trade spot is because all my trades are based on volume/order flow. Also what you have to remember is that this is a swing bot. If the commissions or slippage on a swing bot turn it unprofitable, there is a bigger issue. My .02
My RT for M6E is 1.36, so its barely over 1 tick (1.088) . Compared to some of the brokers that i looked at MB trading and FXCM that have STP/ECN their spreads are 3.8pips and 5.2 pips RT. So either way trading M6E cost wise is better. Considering that if i give myself 2 ticks slippage round turn I am basically equivalent to their spreads with the benefit of futures regulation, volume and order flow.
Yes guys you are absolutely right. I only pay $0.66 RT
And that is good news, I will now instead of sim trade my new system use M6E, with money on the line it is a little bit more realistic and slippage is a good thing in testing systems I think, because when I get it to be profitable on M6E, 6E will be profitable as well, when I keep the cool
I 100% support testing one's method with a little bit of money on the line. Personally, I could never take SIM trading 100% seriously. I thought I was until I put real money on the line and realized that SIM cannot duplicate the emotions that arise from putting money on the line. Best of luck to you.
I don't know whether this is an issue for your system, but I just found out that in the 6E volume is still in the December contract, where the M6E has already switched to H13.