Who’s online There are currently money management forex tips of the day users online. Submitted by Edward Revy on April 22, 2007 – 09:28.
Forex Scalping can also be called a quick trading. It is a method where traders allow their positions to last only for a matter of seconds, to a full minute and rarely longer than that. As a rule if a trader holds to a position for more than a minute or two it is considered no longer a scalping, but rather a regular trading. There wouldn’t be any point in scalping for many traders if they weren’t offered to trade with highly leveraged accounts. Only ability to operate with large funds of, actually, still virtual money, empowers traders to profit from even a 2-3 pip move.
Now, you would probably ask what Forex brokers think about it, because if a scalper constantly wins, the broker would obviously sustain some losses. That is why the other popular discussion topic is always at scalpers’ attention: What Forex broker would allow you to scalp the market? But, even if a scalper stays in, there is another method to slow scalper’s performance down and it is to set delays between an initiation of the order and its actual filling. The broker that will not object to scalping is the one that has the best trades processing automated platform. Using straight through processing there is no intervention between a trader and a market maker — the software is taking care of the whole business process.
You can read some more info about scalping and find useful tips for scalpers at Facts about Forex Scalping and useful Tips. Now, we welcome you at our Forex Scalping Strategies Collection to discover trading strategies that can be used for scalping in Forex. Active traders Poll – share your live experience or read what others have to say. How To Double The Account In 1 Day? You can help thousands improve their trading!