DislikedI use this exact strategy and people laugh at me for it.
I just laugh my way all the way to the bank
I use 1 pip, 3 pip and 5 pip stop losses for scalping. 25 pip stop loss when I am 90% sure of success.
If I nail the high, I make 50-100 pips, if not, I lose absolutely minuscule amounts and try shorting again on another spike into resistance.Ignored
- Post #6,441
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- Aug 2, 2012 5:10pm Aug 2, 2012 5:10pm
- | Commercial Member | Joined May 2011 | 3,012 Posts
- Post #6,442
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- Aug 2, 2012 6:38pm Aug 2, 2012 6:38pm
- Joined Apr 2008 | Status: sometimes... news come unexpected | 7,403 Posts
Invest in alarm clocks
- Post #6,443
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- Aug 2, 2012 7:48pm Aug 2, 2012 7:48pm
Whether you can or you can't, you are both right.
- Post #6,446
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- Aug 2, 2012 10:56pm Aug 2, 2012 10:56pm
Whether you can or you can't, you are both right.
- Post #6,447
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- Aug 3, 2012 12:57am Aug 3, 2012 12:57am
- Joined Apr 2008 | Status: sometimes... news come unexpected | 7,403 Posts
Invest in alarm clocks
- Post #6,448
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- Aug 3, 2012 1:13am Aug 3, 2012 1:13am
Whether you can or you can't, you are both right.
- Post #6,449
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- Edited 1:39am Aug 3, 2012 1:15am | Edited 1:39am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- Post #6,450
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- Aug 3, 2012 8:22am Aug 3, 2012 8:22am
- | Joined Dec 2011 | Status: Member | 33 Posts
- Post #6,451
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- Aug 3, 2012 8:38am Aug 3, 2012 8:38am
- | Joined Dec 2011 | Status: Member | 33 Posts
- Post #6,452
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- Aug 3, 2012 8:29pm Aug 3, 2012 8:29pm
- | Joined Jul 2010 | Status: Member | 52 Posts
If its not boring .. you are not trading correctly
- Post #6,455
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- Aug 6, 2012 2:31am Aug 6, 2012 2:31am
- | Joined Jul 2009 | Status: Trade. Review. Improve | 1,018 Posts
- Post #6,456
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- Aug 6, 2012 2:35am Aug 6, 2012 2:35am
- | Joined Jul 2009 | Status: Trade. Review. Improve | 1,018 Posts
- Post #6,457
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- Aug 6, 2012 3:31am Aug 6, 2012 3:31am
- | Joined Dec 2011 | Status: Member | 33 Posts
- Post #6,459
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- Aug 6, 2012 3:44am Aug 6, 2012 3:44am
- | Joined Dec 2011 | Status: Member | 33 Posts