I have been trading currency since last four years as a full time trader.Since i opend my trading account,i do not remember even a single trading day that i did not trade.
I followed many technicals and all like elliotwave theory, fibb. and studied technicals very deeply but all failed.
Then i started my own trading style with different type of market movements.
I found the scalping best system to trade and doing well. But it requires good expertise.
So now i am starting this thread to discuss scalping system.
Scalping:-
Scalping is a trading style specializing in taking profits on small price changes, generally soon after a trade has been entered and has become profitable. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains that the trader has worked to obtain. Having the right tools such as a live feed, a direct-access broker and the stamina to place many trades is required for this strategy to be successful.
I followed many technicals and all like elliotwave theory, fibb. and studied technicals very deeply but all failed.
Then i started my own trading style with different type of market movements.
I found the scalping best system to trade and doing well. But it requires good expertise.
So now i am starting this thread to discuss scalping system.
Scalping:-
Scalping is a trading style specializing in taking profits on small price changes, generally soon after a trade has been entered and has become profitable. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains that the trader has worked to obtain. Having the right tools such as a live feed, a direct-access broker and the stamina to place many trades is required for this strategy to be successful.
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