money scalping. No funny business: No averaging down, no widening stops, no hidden losers and no inflated winners. If you must scalp, you should follow these rules: First: Trade small. Real Trades, get real trades from real traders by learning our systems and following along in our trade room. If you are scalping, instead of really trading, learn to trade forex. Scalping as a trading method is not recommended. It's not one of those things that use a wonderful risk-reward ratio typically.
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Past performance is not indicative of future results. This seems silly to say, but overall, scalping is not a viable trading method. Open a demo account to test if the brokers platform agrees with your trading personality. Evaluate your forex trading goals and determine how much youre willing to sacrifice for.
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While it's tempting to trade big for fast money, it's a definite road to ruins. There isn't a "beat the market" method. The truth is that the market is just the market, all we can do is follow. Take a look at five of them and see any of them sound familiar to you! Its more likely that youve missed a catalyst or you got caught in an environment change that invalidates your earlier biases. When you position trade, you put multiple trades on in a currency pair and end up with an average price. Please click here to see full disclaimer. An athlete, for example, wouldnt expect to win trophies just because he bought a racket and plays tennis once a week. Put on a trade at high leverage, aim for a pip or two, and collect the money. Follow other traders and share your ideas! There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
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