View Single Post
Old 28-08-2005, 02:04   #7
Ray G
level 1
 
Ray G's Avatar
 
Join Date: May 2005
Posts: 68
Downloads: 0
Uploads: 0
Rep Power: 4Ray G is on a distinguished road
Re: What is scalping?

I'm pretty much on board with the last comment. Scalping is hard to define as it seems everyone has it a little different.

I think what the anti-scalping brokers are against is the one or two minute trades.

Most people tend to think I scalp but my average trade is probably more like 10 to 30 minutes though I do have my 2 minute trades sometimes.

Refco hasn't pulled my plug yet, though I have heard nothing but good things about O A N D A.

And why do we have to do that? Why are some companies banned like that?

The only thing with the aforementioned broker, is that you get less of a margin. If you're trading a full account though and not a mini, that shouldn't be a problem.
Ray G is offline   Reply With Quote