mardi 13 mars 2012

THIS IS A PAGE THAT IS NOT YET PUBLISHED AND INDEXED. THIS IS A PREVIEW THAT I WILL MAKE PUBLIC ONLY IF THE ANSWER I GET FROM YOU IS NOT OK FOR ME. THANKS

Here is a warning if you open an account on AAAFX and Zulutrade. Maybe you'd prefer PAMM accounts or eToro OpenBook with "copy trader" feature...
Even if the principe is WONDERFUL and REVOLUTIONARY, unfortunately there is a few problem. One round/math problem but I'm waiting for explanations, we'll see later.
But above all a slippage problem.
Zulutrade offers maybe 20 brokers, but I choosed AAAFX because it is low slippage, and directly integrated with Zulutrade.
As you can see here is the promised slippage :

AAAFX is second with 0.13 slippage. WONDERFUL !

But in reality, you get between 0.5 and 4 pips LESS than your provider when you win, and you loose between 0.5 and 4 pips MORE when you loose. And on the long run (graphic to come), slippage, even of 0.5 pip, make a HUGE difference on results.

Slippage, in theory, should be 50/50 : sometime in your favour (because you can buy cheaper than provider due to delay and/or sell higher than provider), sometime in your disfavour.

This is confirmed by mariov which works for AAAFX and Zulutrade :



In my case I have done about 800 trades, on each one I miss let's say averagely 1 pip. But I use lots between 0.03 and 0.30, let's say 0.10 average. So on each of the 800 trades I could earn 0.80USD more. That's a total of 640USD !!!

It is good for AAAFX and Zulutrade : broker says on it's home page spread is about 1.5, in reality most of the time it is 2.3 2.4. So when your provider buy and sell it, you have this spread, plus the "strange slippage of 0.5-4 pips" on EACH trade, EACH buy, each SELL. Imagine...

MORE TO COME SOON WITH MORE PRECISION, MORE GRAPHICS, MORE DETAILS...


Aucun commentaire:

Enregistrer un commentaire