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Assume some currency pair is traded with a 1 pip spread. Now I place two orders at the same time: 1) a buy limit order to buy at 0.2 pips above the current highest bid and 2) a sell limit order at 0.2 pip below the current lowest ask. Assuming the two will get filled within a few seconds, I will make 0.6 pips (minus commissions around 0.4 pips).
Is this a viable strategy? It is possible that some market maker will their limit orders at a more attractive price than me, but then my orders will still get filled, after their orders, and I'll still make the profit. So what's the catch here?
What else can I help you with?
How much does a forex broker earn in a year?
The amount a Forex Broker can earn varies from state to state and company to company. However, to give you an idea of the income a Forex Broker can make. In New York, on average a Forex Broker will make $69,000 a year.
Why Forex is good than other business?
Because of we can earn profilt by Forex other than the business.
What is the forex affiliates program?
Forex affiliates program allows a person who has a website or lots of friends to refer a forex company and make profits through referral.
Where can a hard copy of the forex directory be purchased?
"Forex has a website where you can purchases a hard copy edition of the book. I am also sure you can find it at a local forex travel dealers. Ebay, amazon and other auctions will probably have copies as well."
What exactly is Forex trading?
Forex trading means foreign exchange. One will find that Forex trading has some risks involved. One will need a broker for this as one may earn (and sometimes lose) money.
Can you trade forex without any money?
Yes, you can trade. But you can't earn in this case
Guides about forex and forex money?
Assuming the question is about forex trading, there are basic courses available to learn about basic terminology. such as pips, bid, ask, spread, lot size, etc. There is also a special post at fxmarkettips factory that covers more specifics about forex brokers.
Where can one go to take a Forex course online?
Forex courses can be taken in many fashions. Many places offer self teaching guides for beginners. Some of the sites include Trading Academy, Investopedia, Earn Forex, and CMSFX.
Where can you find information on the forex exchange?
On many websites contain information on the Forex Exchange. However, the most trusted, popular and viewed website with this information is at Earn Forex dot com. The website is based on the Forex Exchange and can be more trusted than on opinionated websites and editable information websites like Wikipedia.
When was Hard to Earn created?
Hard to Earn was created in 1992.
How can you profit from foreign exchange?
You can trade currency through forex and earn a lot of money by doing so.
What kind of return can one expect from using a Forex Future account?
The kind of return that can be expected from using a Forex Future account depends on the experience of the investor. An experienced investor can expect to earn money as normal when using a Forex Future account with intelligent financial decisions.
