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It may not display this or other websites correctly. You should upgrade or use an alternative browser. Discussion in ' General Forex Talk ' started by David-lee , Sep 12, Complete Forex Trading Course by Pro Banker Shoulders of Giants Market Analytics Daily Forex Trading Signals Forex Glossary. Scam Alerts - Read and Report Forex Traders Court Community Forums. Search titles only Posted by Member: Separate names with a comma. Search this thread only Search this forum only Display results as threads.

Forex Peace Army - Your Forex Trading Forum. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Anybody a successful scalper? Aug 8, Messages: Hello everybody, I understand the concept of scalping but would just like to know whats regarded as a scalp trade, 5pips or lower, 10pips? It just seems that the odds are against you when the spreads and commissions of the various brokers out there are so high for such small profits.

It seems that the only way to scalp successfully is to risk more than your potential profit target due to the inbuilt spread which means that if you lose a few trades in a row it could be very difficult to recover your losses?

I suppose the main question is does anybody actually scalp trade profitably because I cant seem to figure it out? Jan 16, Messages: Haven't you try Demo trading with a broker? Take the time to learn and understand how the forex market works and behave under certain conditions.

Watch and sturdy market movements on your screen. The person who is perfectly in authority is the great Pharaoh who should be coming to this post any time soon. He is tied up with some ritual And, for heavens sake, take the time to read reviews on forex brokers and stay well away from scammer and possible scammer brokers.

Wouldn't want you coming here screaming for help on how to recover your scammed money. All the best in your forex journey and, ONCE AGAIN , take your time to sturdy and understand what trading the forex is all about before you rush in and sign up with any broker.

Oct 3, Messages: Embalming a holy cat?!?

I'm currently visiting my mummy and she'd be quite vexed if I tried to embalm any of her cats. I think the cats wouldn't like it either. Definitions of scalping vary, especially among brokers than ban scalping. Some have a minimum pip value. Others have a minimum time to hold trades. Then spend some time on a demo account with them.

Be SURE of the terms for your account type. Read my article on broker selection. If you want even more due diligence on a brokerage, ask F-Man's 4xAngels. Ask RahmanSL anything you like except about how to treat cats. Ok, in a nut shell and right off the top of my head, "scalping for profits" in forex term means opening and then closing a trade or trades for small quick profits.

Money A2Z

It might take depending on market movement at that time fraction of a second. Basically, you open a trade and then close it immediately when it is in profit. Hence, you are scalping for profits Scraping something off the surface of something! Like I said, learn to be patience and don't get any wild ideas that you can trade and become an immediate millionaire It took me more than 11 months of learning to start trading Live, and NOW, MORE THAN 2 YEARS LATER, I AM STILL STUMBLING AROUND AND BLOWING UP ACCOUNT, AFTER ACCOUNT, AND THEN SOME MORE.

That can be summed up with SIX very simple words: Take the time to learn and to understand forex, and curb your gambling instinct and you will come out ok in forex! Perhaps a cow or a Nile crocodile?? I heard they are rather "holy" too! Ok thanks, that makes alot more sense now, Im sure il have more questions in the future. I suppose the perfect scalp would catch a thrusting move and close at any sign of a pause or reversal. So there may not actually be a target price but get what you can and exit I opened my first demo in Dec , little did I know how much is actually involved in trading.

It is really a tough business to be successful in but I love a challenge. Jun 26, Messages: The actual definition doesn't really matter, does it?

forex scalping, pupuzifecose.web.fc2.com

But generally it's going for very quick profits while allowing for almost no drawdown the trade going against you very far. There's no hard definition for it though.

Simple 5 EMA High/Low scalping strategy - Free Forex Trading Systems - pupuzifecose.web.fc2.com Forex Trading Forum

But your thread got my attention as I'm about to explore this a bit more. Did a great scalp yesterday picking up 30 pips on a 5 pip SL. As mentioned, make sure your broker that offers that will allow scalping. Many do not as if trades are done too quickly, your gains, if you have them, are the brokers losses as the broker would not have time to pass your trade onto the market or other traders, and like you, brokers don't like to lose money.

To that end, MBTrading has instituted a limit order rebate policy where if you set a limit order that is filled, they will reward you with a rebate that seems to more than cover the commission. This can reduce the trade cost very nicely and might be something for scalpers to look at. But it has to be a limit order not a stop order. Moderators, I've access to an account with MBT and this is in no way a paid ad or spam I'd love to see other ECN brokers institute this policy!!

For me, I'm looking at short term support and resistance levels in which to do scalp reversals with very small SL's.

If I can do that, I won't need any other strat but I have yet to prove it can work. So I'm wondering if this is something scalpers are already doing successfully, or if perhaps it's not been explored due to spreads being the problem in the past. All they have to do is to close their computer and call it a day. To be profitable, take the time to sturdy actual market movements on your screen and only after you get a good idea of what's happening, place your trades accordingly.

The thing that really got me into forex is trying out a Demo account introduced by one of our Engineers and making usd5 profits in less than 5 seconds. Prior to that experience, I have never ever made money that fast in my entire more than half century of life on this third rock from the sun. Sep 13, Messages: So, the only ones still around are the ones that started with deep pockets or traded on a desk somewhere with someone else's money.

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