M
malaguti
I can't make head nor tail of all those squiggly lines. What course would you recommend I take?
eye drops..cant see a bloody thing
I can't make head nor tail of all those squiggly lines. What course would you recommend I take?
I can't make head nor tail of all those squiggly lines. What course would you recommend I take?
If you have 150 trades , and are constantly taking pips out of the wind and noise , , you will certainly make make more than 150 pips net daily , from your 90 winning trades.Apply a unique position sizing (something which I am implementing), leaving your winners with higher pips than the original position sizes , and you will get more money out of the markets.
The point is "it can be done " , but not the way you think.Last 3 days I managed 25 pips at least.On average 150 pips per week is very easy , and can be done consistently.There are several methods at work ,YOU don't know these methods to comment on their viability , scalping pips and taking them from the market all day long.
You're right, I apologise, you have lots to teach me about the market, which is why you trade in £2 sizes, doctor your statements and ignore people who demystify your statements.
What's the difference between scalping and pro scalping?
I can't make head nor tail of all those squiggly lines. What course would you recommend I take?
One thing to remember is nobody ever got to be a billionaire by scalping 5-15 pips in FX. The only billionaire traders are the ones that take positions and hold them for the bigger moves.
Plus, why anyone would want to be a billionaire is beyond me unless they had a plan to give most of it away to people who really need the money (food, medical aid, fresh water, mentally handicapped etc).
If your goals are to have a big boat, a jet and 10 cars then sorry, your goals are pathetic and you should grow up.
Most trend traders lose their trending profits in ranging markets , = losers .
A good scalper can see where prices are going.
Most traders lose, whether scalping or trend following.
But a good trend follower only loses small money during ranges because he does what most traders don't - he ADDS to his profitable positions. Therefore his position when right might be 10 times his position when caught in a range. And anyway, there are ways to combat the problems that ranges cause. Not perfect strategies of course but from a probability point of view, good enough.
Scalping is basically for kids starting out.
True to a certain degree the trouble is for every 'good' scalper you show me, I'll show you at least 500 that lose money over time.
Plus those 30-40 trades a day, that's a hell of cost to overcome.
And secondly note that IG do not fill forex beyond £300 except in very exceptional phone dealt circumstances. They will never, ever fill £2,500 a pt.
You have multiplied your trade size by 100 throughout this document... sad...
where did they confirm this?
I spoke to them on the phone this evening.
You'd probably get a more reliable and accurate answer trying to get a fill !