View Single Post
Old 08-06-2005, 10:21   #10 (permalink)
yasirdxb
level 3
 
yasirdxb's Avatar
 
Join Date: Dec 2004
Posts: 847
Rep Power: 0
yasirdxb is an unknown quantity at this point
Re: Scalping Strategy

Quote:

If you looking to make a living in trading, you cannot work as a position trader and wait for the wind to be at you back. ( maybe if your position is in the millions to start with) You must go with any movment you detect to gain as many times you can - be a trader- TRADE- buy and sell as many times you can
Is'nt 3-5 pips a trade, 3-5 times a day on a margin of 100:1 or even 50:1 with even only 1 regular lot can provide you with a VERY nice income? and if it is 5 lots?
Hmmm.. I was looking to make a living by trading. thanks for sharing your

trick.by the way, instead of trying to get 3-5 pips in 3-5 trades, why not try

to get 25 pips in a single trade?
yasirdxb is offline