DislikedHey bro (and everyone else who may be interested),
I am a newbie - and im right more than im wrong. Usually right 9/10 times. This belief in myself results in a psychology which is not flexible enough to make the sort money i should be in a ranging market like this.
As opposed to booking pips up and down, i tend to take a view and wait till im right. Massive opportunity cost in that. This has just become apparent to me and ill work on this in the future.
Just throwing it out there...Ignored
hey bud its easy to scalp sometimes in a nice ranging market...but a day like today could easily have been a big move day rather than a scalp day with all the news etc. dont ya think? sometimes you miss pips but u save a lot of pain also...so no worries.... if you are confident in your system then scalp away....great for you! just make sure you use good MM MM lol and SL IMHO as I have blown an account myself and let me tell ya its no fun at all....my first account went from where it started to 5 times as much as i started with to ZERO! because I got cocky and didnt use MM....you work really really hard to lose a lot of maney.... then u learn to be careful and take good risk reward trades.... just my opinion....