Disliked{quote} You do not need to add anything. You pay the spread, how high ever it is and go out with exactly 5 pips, if your TP is 5 pips. With higher spread, the price need to travel the asking price + spread + TP and you are done. With higher spread, you need more movement in price - thats it. With paying commissions, its different. You go out with 5 pips and pay commission, so you take a lower profit. Probably still the better results cause more trades end up in profit (+5) and not at TS (+1 or something) In other words, get your trading education...Ignored
I've been looking at scalping recently, hence I'm here.
However the rules of the system states that the price has to break the 00 levels- when we read that it usually infers the bid price. On a buystop the trade will get triggered by the ask price then, the price does not need to have even reached the 00 to get triggered. That seems against the rules as I read them.
My question was to see what other folks have been doing.