MoneyTec Traders Community Forum - View Single Post - Someone made 2400% in 2 days in REAL account! Is that possible?

RedDuke · 22-09-2005, 06:11

Hi Vek,

I obviously did not try them all. I tried some, and did a lot of research. I was only interested in the ones regulated by CFTC and NFA and who are in business for some time, otherwise it to easy to get into a bucket shop. All of the big ones openly confirm that they discourage opening and closing trades within seconds or few minutes because we can take advantage of no central exchange and instant execution and get the price which does not exist or is lagging, and then immediately close the trade. This is what is called picking. As far as 10 pips goal it can be scalping or not, it is mostly the duration of trade, you are in and out in a very short while.

I am definitely not thinking theoretically, I have experienced it. I would love to learn about MM who can allow scalping with no limitations. I would not even care if they prohibit it during major news releases. But by scalping I mean allowing unlimited opening and closing trades even within 1 minute. Please let me know, but I am only interested in reputable one.

Regards,
redduke

22-09-2005, 06:11	#19
RedDuke level 3 Join Date: Nov 2004 Posts: 266 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Someone made 2400% in 2 days in REAL account! Is that possible? Hi Vek, I obviously did not try them all. I tried some, and did a lot of research. I was only interested in the ones regulated by CFTC and NFA and who are in business for some time, otherwise it to easy to get into a bucket shop. All of the big ones openly confirm that they discourage opening and closing trades within seconds or few minutes because we can take advantage of no central exchange and instant execution and get the price which does not exist or is lagging, and then immediately close the trade. This is what is called picking. As far as 10 pips goal it can be scalping or not, it is mostly the duration of trade, you are in and out in a very short while. I am definitely not thinking theoretically, I have experienced it. I would love to learn about MM who can allow scalping with no limitations. I would not even care if they prohibit it during major news releases. But by scalping I mean allowing unlimited opening and closing trades even within 1 minute. Please let me know, but I am only interested in reputable one. Regards, redduke