XENAXON (November 30, 1999 at 12:00 am)

there is "better" but there's not such thing as "right". One more time: The market is always right.

forexbody (November 30, 1999 at 12:00 am)

There is always better ways than other ways, by practice and experience !

XENAXON (November 30, 1999 at 12:00 am)

Why are you talking about "experienced traders" ? And not about yourself?"when you do it right" that one's better than a British joke. There is no right way! forex trading is not science. The market is always right.

forexbody (November 30, 1999 at 12:00 am)

In forex, experienced traders do not have to wait days or weeks to make money, it is a matter of minutes when you do it right !

sysopkc (November 30, 1999 at 12:00 am)

I dont like it...Its not sound long term

XENAXON (November 30, 1999 at 12:00 am)

Scalping means short-term high-risk trades.Yes, they are trades. And no, the longer-term traders are still TRADERS.Both speculate the markets = TRADERS.----------------If scalpers dominate the markets... BROKERS WILL BE FILTHY RICH with you working for themComission should always be comission, not percent of profitif your TP on forex is 20 pips on EURUSD then 10% of your profits will always go to the broker.10% for 1000 scalpers, each of different lot sizes... that's allot of money

PREZ150 (November 30, 1999 at 12:00 am)

It will be 99 years old before I break a1000.00 useing these slow somtimes work and sometime dont forex robots.Dont believe the hype its a very slow way to make money if any.If the market is bad these forex robots will not work !

XENAXON (November 30, 1999 at 12:00 am)

First of all, scalping by definition means 5-min trades(trades that are closed not later than 5 minutes after they are opened).You need HIGH-RISK per trade to have acceptable profit.And remember, if you scalp for 10 pips ON eurusd, 20% of your profits will always go to the broker.The odds are against you.

Holoverse (November 30, 1999 at 12:00 am)

That reply was meant for XENAXON

Holoverse (November 30, 1999 at 12:00 am)

I think youve got it backwards. REAL traders scalp the markets. Day in and day out, and produce profits. Theyre traders.They are out on the floor of the CBOT and take hundreds of trades a day. H4 and daily are investors, IMO.Both are viable strategies....and both can produce profits, if done correctly.As well as...both can produce losses.I scalp daily and make money....just because you couldnt doesnt mean Im not a REAL trader. lol