http://www.websmart-marketing.com/roulette.html
FXWIS QUOTE Ok but in order to actually make a PROFIT you have to ultimate let go your short or your long, otherwise you are not doing anything except paying you broker 2 spreads.
2 lots of spreads is not expensive.........if you make a profit.
A spread or 2 lots of spreads are expensive only if you lose money.
Spreads expensive etc is often where a load of traders lose out on this system.Most traders try to get too clever for their own good.
If you paid your broker 50% spread....and u are 99% certain of making money ....say 50%(after cost of spread) then that 50% is not expensive.
If u lose money and only paid 0.0001 % spread to your broker......than that brokerage spread is expensive!
If a trader came to me and said he would guarantee me 20 % profit all the time .........but his fees were 80% ....to me it is cheap at 80%....So I can give him a million $$$$$$$$$$$$$$
I trade spreads ...all the time ...so I always close the long and the short at the same time...........except intraday....in a non trending market I close one leg of the spread for about an hour for a few extra pips.
U got too much information by now! So think I do not go to the roulette wheel to guess which number will come up