Disliked{quote} I do have a lot respect for scalpers... 4-10 pip trades have about 10-20% spread costs.... this is huge..Ignored
Disliked{quote} Don't agree with this. For an intraday trader, every day is tradable that has a range of 30 pips or more. And there are very few days that don't. From intraday perspective, a scalp is 4-10 pips, anything above it is really a swing, and such swings will be found in any given day. Even if it is a small range day, catching a position for a breakout the following day is also meaningful. Of course, 10 or 20 trades every day is unrealistic and unnecessary, likely to lead to more mistakes than profit, but a few trades will be found practically...Ignored