Hi Guys, I want to give a little review and also expects input from all friends.
At the beginning of this year, I tried to develop a new strategy. And this strategy is scalping techniques.
Previously I was a swing trader.
During this time, I do not really pay attention to spread, as any spread to 5 is small in my opinion. because the target Tp I used about 100 pips.
But in my latest techniques scalping, spreads become very very must be considered.
Since scalping has an average below 10 pips TP. Even for extreme scalper, TP between 1-3 pips only.
Results my scalping techniques with simulator : (225x trade no loss, 500% profit in 3.5 months)
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Criteria best brokers for scalping in my opinion:
1. Brokers allow all trading including scalping techniques
2. Non Dealing Desk / ECN
3. Clearly regulated.
4. Offering high leverage.
5. LOW SPREAD
6. No bad reports (Such traders do not get paid, etc.).
======================================================================================
After searching the forums, I was (until recently) found there are 3 recommended brokers for scalping trade.
1. IC Markets
2. Armada Markets
3. Pepperstone
This is the appearance of the brokers spread above:
(The three brokers above using 5 digit . So the point spread 2 pips = 0.2 pip in brokers 4 digits.)
In the picture above, it looks IC Market has the lowest spread, which is 0.2 pips, followed by Armada Market 0.5 pips and Pepperstone 0.6 pips last.
What about the commission? Let's see:
At the beginning of this year, I tried to develop a new strategy. And this strategy is scalping techniques.
Previously I was a swing trader.
During this time, I do not really pay attention to spread, as any spread to 5 is small in my opinion. because the target Tp I used about 100 pips.
But in my latest techniques scalping, spreads become very very must be considered.
Since scalping has an average below 10 pips TP. Even for extreme scalper, TP between 1-3 pips only.
Results my scalping techniques with simulator : (225x trade no loss, 500% profit in 3.5 months)
======================================================================================
Criteria best brokers for scalping in my opinion:
1. Brokers allow all trading including scalping techniques
2. Non Dealing Desk / ECN
3. Clearly regulated.
4. Offering high leverage.
5. LOW SPREAD
6. No bad reports (Such traders do not get paid, etc.).
======================================================================================
After searching the forums, I was (until recently) found there are 3 recommended brokers for scalping trade.
1. IC Markets
2. Armada Markets
3. Pepperstone
This is the appearance of the brokers spread above:
(The three brokers above using 5 digit . So the point spread 2 pips = 0.2 pip in brokers 4 digits.)
In the picture above, it looks IC Market has the lowest spread, which is 0.2 pips, followed by Armada Market 0.5 pips and Pepperstone 0.6 pips last.
What about the commission? Let's see:
I am a MASTER of my life
