About to open a live account. I know North Finance doesn't allow scalping. Please give me your opinion on my standard trade.
Open Oil Trade. 1.0 Lot. Set Profit Target at 10 pips. Is this scalping? Sometimes the trade is closed in minutes, on average it takes 1 hour. At most I have 4-5 trades in between 10 pips each open. I do on average 10-12 of these a day. 50-60 per week. Most trades are closed by setting a profit target, but some are manually closed if I think my trade will go south.
Any opinion on brokers that allow U.S. traders to trade Oil, Gold, and Wheat? These are the 3 I demo trade.
Open Oil Trade. 1.0 Lot. Set Profit Target at 10 pips. Is this scalping? Sometimes the trade is closed in minutes, on average it takes 1 hour. At most I have 4-5 trades in between 10 pips each open. I do on average 10-12 of these a day. 50-60 per week. Most trades are closed by setting a profit target, but some are manually closed if I think my trade will go south.
Any opinion on brokers that allow U.S. traders to trade Oil, Gold, and Wheat? These are the 3 I demo trade.