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Why the requote? why the slippage?

I have seen chit chat about how brokers handle news releases. Traders says it is wrong for a broker to withdraw their orders or increase the spreads, and/or requite orders more than normal. These events happen for specific reasons that have absolutely NOTHING to do with the broker tying to cheat the trader out of money. Let me explain why:

Read the full post of Jeez, no wonder there is slippage!

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Let’s say that I told you my target batting average was 40% which means I’d be happy getting only 4 out of 10 trades right.

For my risk/reward I am going to go with 1:3—This means for every dollar I risk my profit will be $3. The max I want to make on a trade is $300

Read the full post of Money Management

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