Comments on: FOREX TRADING – Scalping

By: PREZ150

PREZ150 — Mon, 09 Nov 2009 17:09:30 +0000

It will be 99 years old before I break a1000.00 useing these slow somtimes work and sometime dont forex robots.Dont believe the hype its a very slow way to make money if any.If the market is bad these forex robots will not work !

By: XENAXON

XENAXON — Mon, 09 Nov 2009 16:18:25 +0000

Scalping means short-term high-risk trades.

Yes, they are trades. And no, the longer-term traders are still TRADERS.

Both speculate the markets = TRADERS.

—————-
If scalpers dominate the markets… BROKERS WILL BE FILTHY RICH with you working for them

Comission should always be comission, not percent of profit

if your TP on forex is 20 pips on EURUSD then 10% of your profits will always go to the broker.

10% for 1000 scalpers, each of different lot sizes… that’s allot of money

By: sysopkc

sysopkc — Mon, 09 Nov 2009 16:15:56 +0000

I dont like it…Its not sound long term

By: forexbody

forexbody — Mon, 09 Nov 2009 15:46:30 +0000

In forex, experienced traders do not have to wait days or weeks to make money, it is a matter of minutes when you do it right !

By: XENAXON

XENAXON — Mon, 09 Nov 2009 15:11:50 +0000

Why are you talking about “experienced traders” ? And not about yourself?

“when you do it right” that one’s better than a British joke. There is no right way! forex trading is not science. The market is always right.

By: forexbody

forexbody — Mon, 09 Nov 2009 15:03:36 +0000

There is always better ways than other ways, by practice and experience !

By: XENAXON

XENAXON — Mon, 09 Nov 2009 14:20:06 +0000

there is “better” but there’s not such thing as “right”. One more time: The market is always right.

By: pierneus

pierneus — Mon, 09 Nov 2009 13:37:15 +0000

I completely agree with Xenaxon, he seems to be the only one around here that knows something. I also operate on the 5 min time frame and I can’t consider myself a scalper. My transactions last from 20 minutes to a few hours. Obviously, the less pips you hunt for a profit the more money goes to your broker. Yes, scalping is good also, but remember guys it only works well when the volatility skyrockets, it was the case last year from september till the end of January. Good trades to everyone

By: JudiBeaver

JudiBeaver — Mon, 09 Nov 2009 13:31:04 +0000

Interesting. There is a lot to learn and so many techniques to explore.

By: coreyk123

coreyk123 — Mon, 09 Nov 2009 13:03:00 +0000

First of all its a failed double bottom. If price only touches a trend line twice it’s considered weak.

By: DynotoeTube

DynotoeTube — Mon, 09 Nov 2009 12:51:57 +0000

First of all it’s easy to see when strategies work but when they don’t. I would suggest getting good historical data like from these guys ForexTickData and do some testing. Historical back tests don’t lie.

Cheers – Dyno

By: itsumonihon

itsumonihon — Mon, 09 Nov 2009 12:26:21 +0000

who cares if the brokers get rich if you’re making money too. why do you hate the broker so much? if scalping makes money then do it.

By: XENAXON

XENAXON — Mon, 09 Nov 2009 11:31:44 +0000

I’ve asked that question myself some time before.

The answer is, I can’t have a broker get rich off my back. I don’t hate, I worked too much emotionally to be that weak.

People have the tendency to throw away money so easily when there’s abundance. But I’ve spent 2 years, working for my initial tradeing capital. As a child I was poor, I had no privileges different from everyone else. I understand money.

And my emotions are no longer a jagged rock, but a fine pearl.

By: gutrp

gutrp — Mon, 09 Nov 2009 11:23:36 +0000

thanks for the website for beginners like me man!

By: andyngai88

andyngai88 — Mon, 09 Nov 2009 11:20:30 +0000

because the broker can take a chunk outta ur earning if you’re not careful and there goes the last 12 hour of concentration with ur screens wasted

By: apenor

apenor — Mon, 09 Nov 2009 10:58:46 +0000

Dude, too much excuses! What’s up?

By: laton0

laton0 — Mon, 09 Nov 2009 10:26:41 +0000

free signals
todaymarketsignalsdotblogspotdotcom

By: ForexTradingTV

ForexTradingTV — Mon, 09 Nov 2009 10:24:50 +0000

brokers will always make the most money…………

By: 4xleader1

4xleader1 — Mon, 09 Nov 2009 09:58:31 +0000

I dont get it. if you are not a scalper, why post a scalping video. You are also basing a trade on fibonacci levels. I see where I would of gotten in on this trade.

By: AndrewELgordo

AndrewELgordo — Mon, 09 Nov 2009 09:56:49 +0000

make someone regular money whith forex ???? or not ….

By: mallieya

mallieya — Mon, 09 Nov 2009 09:55:59 +0000

huh..i wud like to join forex but do not know how to play it..;( some1 wants frm me RM1000 to teach me about forex frm A to z…should i pay?

By: cooldog60

cooldog60 — Mon, 09 Nov 2009 09:26:47 +0000

What are the values of the ma’s you are using?

By: Yaguex

Yaguex — Mon, 09 Nov 2009 09:04:30 +0000

30, 50 and 100 SMA

By: lachatseb

lachatseb — Mon, 09 Nov 2009 08:26:18 +0000

You know, anybody can come up with analysis on past datas.
What is nice to know is what made you decide to place a wining trade, and for your case you didn’t place any trade. So what’s the point…

By: oldguitardude

oldguitardude — Mon, 09 Nov 2009 08:11:56 +0000

waadduupp . com / FOREXNOOBDUDE /

(remove the space and it will take you there) Regards, from M’sia.