Recent content by ScalpingRus

EUR/JPY gapped down over 300 pips. :) The profit missed there by simply not taking my recommendation will exceed that of any other recommendation anyone could give you.

1) You would need the broker to allow you to use extreme leverage ( 1000:1 +) 2) You would need the broker to not widen the spread more then 10 pips prior to market close. (Fixed Spread Best) 3) You would simply need two accounts. Here is what you would have to do. 1) Deposit the same amount...

The sad reality is most of these threads work in theory, but when traded in real life, it turns out to be a complete failure. The reason being is all systems made public are not backtested or even programmed to encounter "market counters" or "traps" set forth in order to attack the accounts...

The problem is with social trading is you rely to much on a stranger,instead of creating something which is your own. Have a look at this video. Have a look at how the broker on the left prints red, while the other broker is much higher, Why is that? Broken can control bids within 60 seconds...

How :rolleyes: :whistling What advantage would you have in scalping if your spread was zero? Only pay the commission from the broker. When in the properties setting of your chart, you have the "ASK PRICE" to be showing, you save the setting and go to your order form, prior to exchanging...

As per the definition of "gamble" the reality would be that trading is indeed a gamble. On the other hand, so is walking down the street. Essentially, not knowing the outcome of a certain action or event with 100% certainty makes the activity a gamble. You will constantly see the comparison...

Here is an account I begin trading for since last week. http://www.myfxbook.com/members/goyankees85/502903/1264450

If I may, drawdown as far as % isn't anything compared to the account size of which you are trading. I honestly never have looked at my drawdown in dollars nor in % as much as I look at the formation which I am trading, and adjusting my lot size based on the formation. Many people talk about...

The problem with renko is you can not see the wicks. Believe it or not the candles with any sort of wick is very important in scalping. What you call "noise" is your message to take a position. Why? It means limit orders are being activated and you see 10-20 pips before you see a retouch of the...

I also trade the same way. I typically await patters after breakouts, which setup for the new breakout. Many people contend that trading for small pips is murder because of the wicks, but the reality is you have less wicks inside of the accumulation structure, compared to when the market is...

That is a very good question, but from what I have been able to research the answer is "no". :thumbsdow

Accepting losses (big or small) all depends on your belief system. Many people take pride in "ending up" being right, instead of cutting the loss early (Assuming you have the ability of doing so), instead of hoping that the price comes back your way. You'll notice that many trades give...

One of the things I try to look at are third parties sites which keeps track of your trades. Although they can be manipulated (very hard to do) the reality is it is a much better indicator compared to people posting snapshots. I have seen a guy on myxbook with less then 1 month start, and he is...

One of the things which should would be so cool to see on a thread would be "Accurate entries".

:confused: I didn't grasp your statement. Would you please be as kind enough to rephrase it.