Can Tik Tok mess up Forex?

There are no TikTok shares on the stock market because ByteDance Limited, TikTok's owner, is privately held. ByteDance has plans for a TikTok Global initial public offering (IPO) in the United States, but they have announced no date for the IPO.

 

Thanks and another question, can a day trader short a currency?

 

You’ve put it across quite well, so many traders (including me) go by the assessments and market predictions of sources like CNBC, of course there’ll be a higher authority controlling it, to think of it, why not? Obviously the big industrial houses will do everything in their capacity to turn the tables in their favour.

 

Hmm that’s interesting, how do you think it’s gonna perform?

 

Yep. You can easily take a short position with scalping on the safe EURUSD pair. The quick and constant price movements in a single session prove to be a great strategy.

 

Rightly said and the worst part is despite knowing we’re being played by them, we still go back to these sources for more info. This is when I realized to work on my scalping strategies (scalping since ages) and not rely on these sources.

 

How many pips do you scalp with @Mark?

 

So I scalp between 5-10 pips. I simply aim at making each day a profitable one.

 

No one can mess up Forex ; but other instruments can (like gold, oil ou stocks)

 

I scalp majors like EURUSD, AUDUSD, and GBPUSD along with a minor AUDGBP. Their highest trade volume with tightest spreads helps minimize my losses.