How's the progress of the SGD1000 ?
DislikedHi, Let me share my best way of "scalping". 1. I use different pairs at the same time, 2. I use wide bollinger bands (35 - 50, 3 StdDev) to hunt for reversals, 3. I don't use SLs, 4. My SL is time limit (e.g. max 20 - 24 hours for H1 charts, from beginning to the end of scalping), 5. I use small positions, and I am basketing if they go in not desired direction 6. The most important: I use an EA that is automatically closing each position with small TP, and closes all positions, no matter + or -, when Equity reaches my desired level (e.g. +5% - +15%)...Ignored
DislikedIf your account is less than $1,000, it doesn't matter whether you're trading with an ECN broker or not, but if it's more than $1,000, it's better to trade with ecn.Ignored
Disliked“The market is a device for transferring money from the impatient to the patient.”- Warren Buffet “Sheer will and determination is no substitute for something that actually works”. – Jason Klatt "Everyday I assume every position I have is wrong.” – Paul Tudor Jones “I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.” – Larry Hite “Take your profits or someone else will take them for you.” – J.J. Evans “Never let a win go to your head, or a loss to...Ignored