DislikedThere is no truth, but to his point in this kind of market scalping is the only way to keep your head above the water..IMOIgnored
The Thief of Wall Street
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedThere is no truth, but to his point in this kind of market scalping is the only way to keep your head above the water..IMOIgnored
DislikedI've been around this forum for years and i've seen posts like this a lot of times.
New people with few posts who speak like they know what they're talking about.
They always give me the impression they're really trying to convince themselves.
I wish they would stop, it's harder to find real pieces of advice in this forum when everyone is trying to teach you the truth, and most of them dont really know more than you do.Ignored
DislikedThe advantage of scalping is it's the closest you can get to something mechanical.. No fundies, no techs, just a few entry signals and a reasonable size (10-15pips) target.. That's pretty much it.. If you're wrong, you know it right away.. If you're right you book profit.. A lot here see their trades go green and then back to zero or red... If you don't take profit, there will be no profit..Ignored
DislikedThe advantage of scalping is it's the closest you can get to something mechanical.. No fundies, no techs, just a few entry signals and a reasonable size (10-15pips) target.. That's pretty much it.. If you're wrong, you know it right away.. If you're right you book profit.. A lot here see their trades go green and then back to zero or red... If you don't take profit, there will be no profit..Ignored
DislikedAnd the big disadvantage of scalping is you miss the big trends where the real money is made.Ignored
DislikedI've been around this forum for years and i've seen posts like this a lot of times.
New people with few posts who speak like they know what they're talking about.
They always give me the impression they're really trying to convince themselves.
I wish they would stop, it's harder to find real pieces of advice in this forum when everyone is trying to teach you the truth, and most of them dont really know more than you do.Ignored
DislikedAnd the big disadvantage of scalping is you miss the big trends where the real money is made.Ignored
DislikedI've been around this forum for years and i've seen posts like this a lot of times.
New people with few posts who speak like they know what they're talking about.
They always give me the impression they're really trying to convince themselves.
I wish they would stop, it's harder to find real pieces of advice in this forum when everyone is trying to teach you the truth, and most of them dont really know more than you do.Ignored
DislikedAnd if only you bought a winning powerball ticket then you wouldn't have to worry about either type of trading.
If only ...
Until then the real world calls.Ignored
DislikedThe advantage of scalping is it's the closest you can get to something mechanical.. No fundies, no techs, just a few entry signals and a reasonable size (10-15pips) target.. That's pretty much it.. If you're wrong, you know it right away.. If you're right you book profit.. A lot here see their trades go green and then back to zero or red... If you don't take profit, there will be no profit..Ignored
DislikedAnd the big disadvantage of scalping is you miss the big trends where the real money is made.Ignored
DislikedAlso scalper, the returns are just to great.
It's not all bad :-
Scalpers can trade full time and make more than a living.
When we are trading we are trading, afterwards we are gone doing whatever, no worrying about our position, drawing lines on charts, reads news bla bla bla, we get in, we get out, then we have a life.
Short term you can easily get 3-4x's your average loss while still batting at a 80% win rate.
Unless you already have a large sum of money, then scalping is the only way to turn a small sum into a large sum in a life time...Ignored