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Old 14-06-2005, 08:49   #75 (permalink)
Patrick_Rhodes
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Re: Scalping Strategy

Quote:
Originally Posted by MickMason
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
Anyone who is a true scalper is only into a trade for a few seconds, because that is how long it takes to make or lose a few pips. If you place a stop only a few pips away (your target), guess what will happen? Stops are just a target for losses to a scalper. Obviously you must be confused about what scalping is.
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