to take a trade for the excitement, this is a recipe for disaster. I read all the instructions on hedging for dummies and scalping for dummies. The "wannabe" trader tries to pick tops and bottoms. But the funny thing is that hare are many trader that do like Forex scalping.
DecisionBar makes every move of the market as clear as a bell to make it easy for you to make your trading decisions. Finally, scalpers should always keep the importance of consistency in trade sizes while using their favored method.
For a amazing list of complex forex trading strategies click here. Otherwise you will always have to hit the boss key when somebody comes around to your desk at work! You can make a fortune trading currencies in the short term but soon this will lead to a bad psychology and trading discipline problems and youll end up blowing up your forex trading account. Nothing is more frustrating than seeing a positive trade turn into negative and eventually into a loss. A lot of people fail and give up when trying to jump in forex trading. Being a basic Forex trading strategy does not mean they are going to be unprofitable trading systems. Its enough to drive you crazy! Here well examine why, and how to scalp under such conditions.