Quote:
Originally Posted by sanvister
Hey, i completely agree with you. Everyone has heard about greed and fear being the two primary driving forces behind investor decisions. And that is true because, while much has been written about markets being rational and investors making rational decisions based on earnings reports. Most retail investors lose money in the markets because they let fear and greed, their emotions, interfere with their trading success.
|
Forex scalping is the art of using high leverage and a large number of short term trades to steadily increase an account. Usually, only 1 to 5 pips are targeted for each trade. This type of trading appeals greatly to day traders and those looking to minimize the risk involved in trading currencies. Next to money management, "risk control" is the single most important trait to a surviving (and thriving) currency trader. The small amount of time that is spent in the market limits much of the risk in exposure in comparison to a longer term system. Also, the freedom involved in a speedy Forex scalping system in such a liquid market is a "magnet" that drives many traders from other markets to try their hand in currency. A disciplined and steady scalper could seamlessly double or triple an account, and spend only a fraction of the time in the market as a common day trader.
11-19-2009, 08:28 AM
Forex Scalping Strategy
Forex Trading Strategy - A Simple Timeless Method For Huge Gains
What's the Best Forex Strategy?
Linear Mode
