Is there any harm in too many transactions in forex trading? -

On Forex comission fees are free, however when you re trading you re paying the spread. Consider for example that you re trading EUR/USD and the spread is 2 pips. If for example you buy and exit this currency pair 5 times in a day, you ll be paying your broker 20 pips. If you buy and sell it 10 times, you ll be paying 40 pips. The more you trade the more your broker makes money. So the more you trade, the more difficult it gets for you to make money.