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Old 06-09-2005, 12:52   #57
traderone
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Re: What is scalping?

Thanks Cyberwave

I am used to using other platforms like Metatrader and FXCM. I did finally figure that out but found it rather confusing at first!

You're absolutlely right about doing different things on a demo though. That is the place to try out some goofy stuff and get comfortable with the platform.
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Old 06-09-2005, 13:19   #58
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Re: What is scalping?

Is there any broker that allows scalping?

Thanks!
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Old 06-09-2005, 13:20   #59
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Re: What is scalping?

I think Forex.com does!
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Old 09-09-2005, 18:32   #60
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Re: What is scalping?

cbfx.com does allow (i'm Sure about this)
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Old 26-12-2005, 14:56   #61
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Re: What is scalping?

Hi ,,

This link contain a nice description for sclaping.

http://www.marketvolume.com/content/...y_scalping.asp
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Old 29-05-2006, 11:10   #62
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Re: What is scalping?

Unfortunately I didnt save the previous conversation with another agent at the same comapany who stated I am fully allowed to apply scalping method there. I would like to know your opinions. I am a newbie.


Hello my name is Dan, I'm here to answer your questions how can I help you?
Dan: how can I help
you: hello dan
you: how many trades allowed here in one day?
Dan: now minimum or maximum
Dan: *no
Dan: as many as you want
you: do i get penalized for scalping?
Dan: you might get by the liquidity provider but very rarely
you: what is considered scalping here?
Dan: one pip move buy sel
you: even in long term? 2 pips are ok?
Dan: what do you mean exactly by scalping
you: making profit on short term position opening and closing
you: what is the penalty for that?
Dan: as long as you stay long enough and not just a seconde its fine
you: how would you define 'long enough'?
Dan: basically we need to have our pips as long as you stay long enough for the market to move and we get our pips its fine but if you scalp too quickly and we don t get the spread
Dan: you might stopped
you: and again what is the penalty if i get caught on scalping?
Dan: just blocking of account
you: for how long?
Dan: and account closure
you: and how do i get my money if the account is closed?
Dan: we will send it back to you
you: the exact ammount what the account balance shows?
Dan: indeed
you: will i receive any kind of warning before it happens?
Dan: yes
you: its not that i get wider pip spreads?
Dan: that happens when there is an annoucement
you: thank you dan
you: have a nice day
Dan: no problem for any other question feel free to send me a mail dan@ac-markets.com
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Old 29-05-2006, 14:22   #63
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Re: What is scalping?

Quote:
Originally Posted by dude836
Unfortunately I didnt save the previous conversation with another agent at the same comapany who stated I am fully allowed to apply scalping method there. I would like to know your opinions. I am a newbie.


Hello my name is Dan, I'm here to answer your questions how can I help you?
Dan: how can I help
you: hello dan
you: how many trades allowed here in one day?
Dan: now minimum or maximum
Dan: *no
Dan: as many as you want
you: do i get penalized for scalping?
Dan: you might get by the liquidity provider but very rarely
you: what is considered scalping here?
Dan: one pip move buy sel
you: even in long term? 2 pips are ok?
Dan: what do you mean exactly by scalping
you: making profit on short term position opening and closing
you: what is the penalty for that?
Dan: as long as you stay long enough and not just a seconde its fine
you: how would you define 'long enough'?
Dan: basically we need to have our pips as long as you stay long enough for the market to move and we get our pips its fine but if you scalp too quickly and we don t get the spread
Dan: you might stopped
you: and again what is the penalty if i get caught on scalping?
Dan: just blocking of account
you: for how long?
Dan: and account closure
you: and how do i get my money if the account is closed?
Dan: we will send it back to you
you: the exact ammount what the account balance shows?
Dan: indeed
you: will i receive any kind of warning before it happens?
Dan: yes
you: its not that i get wider pip spreads?
Dan: that happens when there is an annoucement
you: thank you dan
you: have a nice day
Dan: no problem for any other question feel free to send me a mail dan@ac-markets.com

dude836,

If you are looking for a scalping broker it is generally considered your best option both for the tightest spreads (1.5 on euro) and allowing short term trading would be Big O.

Next up would be in....terbankFX wit 2 pips but they do not allow scalping.

Hope this helps.
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Old 29-05-2006, 15:49   #64
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Re: What is scalping?

Quote:
Originally Posted by TraderABC
It is potentially the most profitable strategy. You are in and out of the trade in matter of minutes or seconds taking few pips, often using many lots at a time.

Who is that broker?
http://www.m a r k e t i v a.com/index.ncre?page=service-agreement
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