DislikedThe only people I know who are able to consistently day trade Forex are bank traders. Virtually no spreads when they trade, and they can see ALL of the orders --this means yours and mine.Ignored
Trax Tibidax Tibidox...
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DislikedThe only people I know who are able to consistently day trade Forex are bank traders. Virtually no spreads when they trade, and they can see ALL of the orders --this means yours and mine.Ignored
DislikedHow do you mean? There is no centralized exchange in forex where orders can be placed, it's global. There is no market depth in this market to the best of my knowledge.Ignored
DislikedThat's why you scalp when the spread is 0 to 1.5 pips tops, just like any other system or method there are rules to follow.Ignored
DislikedThink about this!!!
With a 3 pip (tick) spread on your preferred market, with a $10K trading account, 50:1 leverage, and only trading twice a day, it calculates your trading costs at $75K a year. If you are able to trade half of a 12 pip swing--when you win you will barely get a couple of pips, and when you fail, you will lose all your variation plus at least 3 pips spread at a time.
[font=Arial]My best suggestion is: forget it! The only people I know who are able to consistently day...Ignored
DislikedSupposedly: 95% of people lose at forex.....hmmmm I bet 95% of people are against scalping lolIgnored
DislikedHe must only meen Orders with the bank they work at, Doesnt hold any water otherwise.Ignored