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Spread control by "market makers"
We are all newbie here, so i too want to share some of my experience here. I open a micro act with $200 balance, earn $100 on the 3rd day to make the total $300. Within minutes, total balance reduced to $80, analyse the data and found that the spread was upto 11.2 pips(micro spread maximum is 2pips). I normally keep the limit at 5 pips, but when it was about to reach the points and make a profit, faith(market makers) was not with me, margin called, everything gone in seconds, and i got a good experience. Play safe, now Trying to find out, who actually controls the spread... Happy trading to all
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