Wednesday, 7 September 2011

Forex Scalping Information


Well, I've been trying to find information on the resale of currencies and the pickings are slim Mightly done. In fact, the call information in the network is so bad that I will write a small post of my own ... I am sure if you found this page that is desperately looking for some real information.

What is Scalping ?
In short, very short-term trading.
Why Don't Brokers Like Scalping?
Well, some runners do not like scalping because of the way they are established. If you are unable to run their operations quickly or effectively enough, you risk being the source of their profits.

Does scalping work ? 
I've seen some people say it works very well and others say it is impossible to do profitably. The reality is that if you can predict the direction in which capital a couple of moves, either up or down, then you can jump into the market and take a few pips when it happens.
How Easy Is It To Predict Equity Pair Price Changes?
Well, that's the million dollar question! I have no book to sell or anything, but a lot of people claim to have solutions for you. Personally, I think if he had really worked solutions that do not waste time telling you about it, which could be dealt with trade. However, in an effort to be informative, when they spend enough time looking at a market (which is pretty boring) may have an idea of ​​its current state and how it is moving. Often, until conditions change, can be quite accurate with their predictions.

Can anyone do this? 
If you find a market maker does not care about resale, you can try. However, you should know how to place stop orders and limit the trading platform. In particular, it would be nice if you could have someting called a trailing stop. So you have to understand the concept of leverage that is applied to a forex account. Basically, I'd suggest throwing $ 100 into an account holder and playing, carefully, until you have taken enough bad decisions to learn how things work. After that, you must have the tools to test different strategies.

How much effort is it? 
Speculation is a long time. You have to spend much time watching the markets, to the point that it would be difficult to do well if you have an existing job full time. Moreover, the resale is very demanding from a psychological point of view, as will a large amount of capital available to start the game, but you may have to wait hours before you spot a good entry point. Then, upon entering, you may find you are back with a small loss in no time. Alternatively, you can get a small profit, take it, and then watch the market skyrocket after his departure. The shorter trade is the more attention it will take and the nerve to be more desperate.

Are you scalping ? 
I'm thinking about it. I've been opening a network strategy to capture swing trades, but I've noticed that using half of the mentality of scalping to accumulate positions in the trends can have a significant positive impact on the results of me. I think I'll end up letting you know how things work.

1 comment:

  1. eToro is the ultimate forex broker for newbie and pro traders.

    ReplyDelete