- Search Energy EXCH
- Jace001 replied Nov 6, 2024
Reversing trades in a losing EA doesn’t guarantee profit due to increased spread/slippage, unsuitable market conditions, suboptimal stop/take-profit levels, lack of a true edge, and execution delays.
Can anyone give me a logical/mathematical explanation for this?
- Jace001 replied Nov 6, 2024
Yes, cable refers to GBP/USD. The term dates back to the 19th century when a transatlantic cable linked London and New York, allowing instant exchange rate updates. Traders still use cable to refer to GBP/USD today.
cable short for gbpusd?