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Old 08-06-2005, 13:45   #16 (permalink)
Tzachi
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Re: Scalping Strategy

Rollingstone said it in a great way " end of day bottom line"

Working from a 1 min chart is hard, yes, requires to watch the screen all time and be extra alert to any move.

ITS WORK guys, not a vacation or a fun trip to the casino.

Paying spread every trade? its the cost of doing business.
Working hard? the only way to make it if your father/wife is not rich

Generaly, if you stay in a trade over 2 minutes, the brokers' software will not detect you as scalper. (From a former FXCM insider)

And as Rollingstone said, the end of the day, if you can take 5-15 pips from the market, be happy and come again tommorow. The market will be there ready to generate new trading setups and will not recall that you took some pips yesterday, its a new day.

Good luck to all traders, and easy job hunting to all others,

Tzachi.
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