When you get a re-quote. Do you always take it or reject it?
When you get a re-quote. Do you always take it or reject it?
- 5 Answers
- In Trading Mindset and Psychology
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- by
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- Phoenix
- 212 Views
- 1 year ago
Answers
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I normally will take the re-quote if that still within my range of trading plan. |
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Itz ocassion specific. During major moves you are supposed to take it to catch the move. otherwise you will only amazed by the market movement in charts, not in accounts. I cant excuse during norna;l terading days |
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Depends on the qouted price in relaion to my profit target, 10 PIP requote is a bit excessive and I'm not inclined to pay my broker any more than I have to. If this was the Non-Farm Payroll trade, I would potentially take the slippage/reqoute as I'm certain I'll make 50 - 100 pips in a 1-4 hour period. |
