Hello, I have traded in OTC forex where I had to pay only the spread as brokerage, so I needed only that many pips to break even. For Indian markets, what is the calculation. I referred to your calculator, very helpful indeed, however to reach breakeven it only shows the number of points required to achieve rupee value of the total brokerage + other mandatory charges. What about the difference in bid and ask? For example currently silver mini is showing an average difference of 5-10 points and bank nifty at 2-4 points between bid and ask. So breakeven points required would be at …difference in bid and ask + brokerage + other mandatory charges, Right?
P.S. I always trade at market price. Thanks in advance.