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Old 12-06-2005, 12:04   #56 (permalink)
Patrick_Rhodes
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Re: Scalping Strategy

Quote:
Originally Posted by Tzachi
"Generaly, if you stay in a trade over 2 minutes, the brokers' software will not detect you as scalper. (From a former FXCM insider)"

This came from Mr. K. a former trader at FXCM (2 years) desk at the New York downtown location.
This speaks pretty clearly to me. It does NOT tell me that it is safe for two minutes. I know from experience that is not true. What it does imply is the real fact that there is protocol for manipulation, and this has been validated through experience.

Patrick
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