Scalping - urgent help required!!

Discussion in 'Forex' started by theseriousone, Mar 30, 2006.

  1. Thank you very much people for explanation of kind of forbidden scalping!

    Now I understand what exactly they forbid. :)

    Before that all my trading life I didn't understand what's so bad if, just for example I use Woodie's CCI on 5 min to get my 3-5 or so pips from a trade.

    Now I see the reasons for limiting a volume which would affect hedging system, but in other aspect that is not scalping actually that is really more like "insider trading".
     
    #11     Apr 1, 2006
  2. scalping might souns and feel great but in the long run will not put to much money in your pocket - in fact it might just burn a hole in it !
     
    #12     Apr 1, 2006
  3. trader_rachel:

    Why is it so? I know many people successfully scalp indices and with 1.5 pip spread why not scalp forex?

    Maybe I just don't see some traps?
     
    #13     Apr 1, 2006