I see what you're saying and this was my thought as well. Even though you can theoretically gain a lot of pips with scalping, it is more of a gamble than other trading strategies because of, as you put it, unpredictable price fluctuations. I have ...

Is there any scalping strategy which is simple AND effective?

Thank you honestfx, Rags2RichesFX, and Feefee, that is the exact type of advice I was looking for. I will definitely have to test these strategies out. matheszabi, some very interesting threads (especially the last two) and information, thank you ...

Is there any scalping strategy which is simple AND effective?

So much for a discussion

Is there any scalping strategy which is simple AND effective?

Fair enough, but that's why I asked what kind of feedback you were looking for, if not advice that you were going to listen to. It's clear now that you are going through with your project in any case, so it will be interesting to see how it pans out. ...

How far will I go with 11 trades, each 30 AUD?

I'm curious what kind of feedback you are looking for as it sounds like you are going to pursue this venture regardless of how bad of an idea people are telling you it is. You say that you think the best way to learn trading is to learn from your ...

How far will I go with 11 trades, each 30 AUD?

MaxDoom summed it up well. I'm not sure exactly what you mean by "abbreviating", but pip does actually stand for "percentage in point". The definition on Wikipedia is actually a pretty concise explanation too, and seems to touch on what is confusing ...

Pip definition - Are people on forex factory abbreviating?

I think success in forex trading requires aptitude, but I don't understand how anyone could be "gifted" at forex as the vast majority of traders have become successful with the proper knowledge and understanding of how the market works. Perhaps ...

Gifted Traders?