I am starting a little soon as I expect this to be a long term deal.
This is my new journal where I attempt to develop a functional scalping method, my current trading is opposite of what scalping is so this will be a challenge.
I have tried other scalping systems before but I could never fully make them mine so I start from 0 here, the one thing I do have is charts flight time specifically with the GBPJPY.
I have a few scalping entries to try out, they are nothing new to the FX world but they are original to myself in which I saw a few indicators and connected the dots more specifically I will counter trend scalp tops and bottoms with a max 10 pip SL.
I will give around 30 opportunities to each method and will follow a Rags to Riches style of fixed level Money Management once I earn a few $. I will never risk more then $1 of the original deposit.
I will probably blow more than a few accounts but that is is how you learn...risking demo money or demo journals mean nothing.
Here we go!!
This is my new journal where I attempt to develop a functional scalping method, my current trading is opposite of what scalping is so this will be a challenge.
I have tried other scalping systems before but I could never fully make them mine so I start from 0 here, the one thing I do have is charts flight time specifically with the GBPJPY.
I have a few scalping entries to try out, they are nothing new to the FX world but they are original to myself in which I saw a few indicators and connected the dots more specifically I will counter trend scalp tops and bottoms with a max 10 pip SL.
I will give around 30 opportunities to each method and will follow a Rags to Riches style of fixed level Money Management once I earn a few $. I will never risk more then $1 of the original deposit.
I will probably blow more than a few accounts but that is is how you learn...risking demo money or demo journals mean nothing.
Here we go!!
Dragon Rider