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What is the point of taking hundreds or even thousands of trades by month?

(Last Updated On: June 28, 2011)

What is the point of taking hundreds or even thousands of trades by month?
I am one of those traders who don’t like very short term! My limit is always at 200 PIPs and my stop at 100 PIPs.

I want to ask you a question:
What is the point of taking hundreds or even thousands of trades by month when you can make the same profits with more or less 10 trades? (Knowing that the more you trade the more you pay spread)

So is it better to take only 10 trades a month with for example EUR/USD and paying only (15 pips of spread, based on a 1.5 pip spread) or taking 200 short term trades a month and paying 300 pips of spread!? I think that for your broker the second choice is the good one…!
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There are more opportunities at smaller price/time scale, cca. 6% a day including transaction costs, if one has perfect foresight.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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