Please, can you help me find a working scalping strategy? I am using Profiforex mt4 platform where scalping is very much allowed. Anything you can provide will be help, like Charts, indicators etc..

Greed is a bad quality for Gamblers. Although this trait is present with all humans, a trader must learn to suppress it. When it comes to money the human response to greed is negatively high. So do not play with your hard earn cash by taking ...

GBPUSD is indeed most volatile from my very own experience. I almost lost my money the first day I traded this pair, not recognizing it was not suitable for my strategy.

I agree with you. This is what I have been trying to inculcate into the mind of many forex traders that leverage does not increase your risk. High leverage only increases your ability to open more trades or buy more volumes. For example, I use 1:500 ...

I have always loved this idea. In to order to open large positions or carry out a huge trade, our analysis must be on a broader scale. In this case, there should be no room for error. One must be at least 80% sure of his analysis before opening a ...

I cannot completely understand this, but with you have just said, would using a fixed spread have fixed this situation. One thing I do understand about slippage is that it happens during order execution. I have experienced it only once with the ...

This is the same with my broker. They allow 1000lots per trade. I wonder why a broker will give limit of 300lot size per trade. Whereas I usually use a leverage 1:500 without restriction.

We prefer to trade with offshore brokers because the US brokers are very restrictive and I did not enjoy my trade with them. I took the risk to trade with an offshore broker and till date, I don't regret doing that. However, I just had to make sure ...