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Old 02-01-2005, 13:48   #77
FXAnalytics
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Join Date: Dec 2004
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Tim...now I'm following you!

Scalping is often easier when its done in larger amounts; FXCM has to move money in and out of the market at least 1mil at a time; scalpers who trade below that often try to close out the trade before the firm can pool the smaller trades and clear the entry. Many scalpers have complained about FXCM and Refco because they've been booted off the system and have been forecd to call in to enter trades; it's because they trade too small; if a scalper wants to trade 1 to 10mil blocks and can sit on the trade for three to four minutes than can scalp all day long.

If a scalper really want to trade this way efficiantly they (need a large portfolio to do this) should be trading interbank directly. Using Refco Institutional and the Currenex platform is a good start... here you've got multiple liquidity pools where you can easily split and offset orders.
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