The things which hurt, instruct! - Benjamin Franklin 
- #10,462
- Mar 15, 2010 3:20am Mar 15, 2010 3:20am
- | Commercial User | Joined Sep 2008 | 2,498 Posts
Ok guys lets talk abut scalping , may be we can set some rules and i can put them in a pdf so we can all use them
Risk and Money Management
it is well known that scalping is a very risky and dangerous game ,
so we must have a very tight risk rules
the rules i follow are as follows
- never lose more than 2.5%-4% daily
- if it did happen that i lost them what i shall do is close the charts go away enjoy anything else
- i'll be looking for profit between .5% up to 1% daily , sometimes we get more than 1% so it is ok for sure
-if i got my profit the first thing i do is close the 15 mins chart and stop scalping look for swing trades on higher TF or follow up opened swing positions or even leave the chart and go enjoy life
Risk and Money Management
it is well known that scalping is a very risky and dangerous game ,
so we must have a very tight risk rules
the rules i follow are as follows
- never lose more than 2.5%-4% daily
- if it did happen that i lost them what i shall do is close the charts go away enjoy anything else
- i'll be looking for profit between .5% up to 1% daily , sometimes we get more than 1% so it is ok for sure
-if i got my profit the first thing i do is close the 15 mins chart and stop scalping look for swing trades on higher TF or follow up opened swing positions or even leave the chart and go enjoy life
- #10,472
- Mar 15, 2010 4:00am Mar 15, 2010 4:00am
Guys this a good entry , still risky cause we need to clear the last top before the trend start to resume it self, higher TF support this view
Please demo only , sun go on live account , it will be ur responsibility
TREND IS YOU FRIEND
good luck guys
(now thats a devil laughter )Good mornin to you vic and as always, guuud lucckk to both of us
- #10,475
- Mar 15, 2010 4:12am Mar 15, 2010 4:12am
- | Commercial User | Joined Sep 2008 | 2,498 Posts
Crazyyy traders will normally have the same thoughts, and am crazyy enough to also trade the pair's twin sister ie gbpchf hahahahahahahaha
Good mornin to you vic and as always, guuud lucckk to both of us
good morning brooo , when we talk about GBP we talk abut pure madness llooolll
and crazy ppl like us enjoy being mad all the time
good luck for all of us
- #10,477
- Mar 15, 2010 4:28am Mar 15, 2010 4:28am
yoo yoo yoooo
good morning brooo , when we talk about GBP we talk abut pure madness llooolll
and crazy ppl like us enjoy being mad all the time
good luck for all of us
yoooo yooooo yooooooo big bro vic
yesss GBP all the way r droppin again like a crazyyy rock he he its very true vic this is pure madness and we crazyyy ppl love this non-stop madness llllooooolllll
am shorting GBP again he he
BROKENGLISH