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Old 12-06-2005, 17:52   #65 (permalink)
MickMason
Fibonacci KISS trader!
 
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Re: Scalping Strategy

Quote:
Originally Posted by Patrick_Rhodes
Thanks for the laugh.

What is wrong with your logic? Surely if it is safe with a few contracts, it must be safe with more? What have you got to lose? If you don't believe in scalping or day trading at all, then we really aren't comparing apples to apples. In order to be a target, you have to day trade or be a scalper. Talk to me after you have had some of that experience. We will see who laughs then.

Patrick

What's to compare, you say brokers target scalpers and join forces with their competitors to relieve clients of their money, I say it doesn't happen.....nothing much to it really. I day trade, sometimes I scalp a few pips as well when it's quiet, never had any problems. I can't really say scalping is the best strategy, but scalping without a stop I can tell you is financial suicide....down the tubes, slow but sure.

You trade any way you like friend, after all it's your money.

Mick
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