Posts by "jacek"

and for the scalpers..

ok.. here is something on philosophy of scalping then..

There are many different philosophies on how to trade successfully in the Forex market. While different personality styles and different goals will work better with different trading philosophies, just guessing will never work. Forex scalping is one trading philosophy that works for many traders.

Guess work should always be avoided in any type of investment, and this is exceptionally true when trading on Forex. Blindly gambling should be left to entertainment spending and not to serious investments. No matter what styles trading you find that seems to work best for you, you can be sure that if it is successful and profitable you developed some system where every trade had a clear and concise reason behind it.

Forex scalping is one method used by many traders to reduce risk and increase profits. This trading method is an ideology where the trader takes a position, and then opens and closes within mere minutes. This is a fairly safe philosophy to follow when practicing Forex trading because it lowers the risk innately contained in such a fluctuating market. Trades that are left open for a long period of time have a much greater risk of a loss than those that are closed quickly when the trader can see that at least some profit is going to be made.

While Forex scalping is a great way to minimize the risk of overall profit loss, it can be very difficult to master for maximum success. Practice and experience will allow the trader deeper insight into the best ways to scalp for the most profit possible. This method takes a significant amount of time and energy, but in the end it can be one of the safest and most rewarding ways to trade on the Forex market.


Article Source:http://EzineArticles.com/1818074

have i missed something?.. or there's extra 0 in ur pips Cat?..
anyway gaps for me too small to even trade them:-(.. wish i was on Cat's platform:-)

parallel universe..

might be time to start buying aussie..

"Goldman Sachs revises 12-mo $AUDUSD outlook to 0.98 from 1.08"..