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04-04-2007, 02:42 PM

Mc_Duck

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I think nowadays the biggest problem with breakout/news trading strategies is that brokers widen the spread sometimes up to 10 pips before the news, so that even is one of your orders is hit you would end up with a very small profit or even a loss if the move is not that big. So be careful trading news breakouts.

Mc Duck

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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