Scalping

[NoRhino]

But out of interest, tune into a small time frame chart and tell me what you see - say 10 second

What do you mean then?

 

[arabianights]

Could you explain in more detail what this means?

Cheers,

No Rhino

Instead of lifing an offer, having someone lift you.... or instead of hitting a bid have someone hit you.

 

[NoRhino]

All this is new to me (had to look up the terminology just now), just wondering if I understood. Does it mean to earn the spread is to try and make the cost of the spread back by placing your offer/bid slightly worse than the best offer/bid. So you were saying instead of just lifting the offer you try and get hit just above it?

 

[oiltanker]

chris capre in a recent vid on fx street said when he worked at a broker he analysed the top 100 winning accounts. only 1 was a scalper.

scalping with sb would be long term account suicide imo because of delays in execution, the chart and the ticker being different etc. if using sbs better to aim for 3:1 then you can be wrong 75% of the time .

wouldn't real scalpers need a ladder? don't know any sbs that have that.

 

[NoRhino]

Yeh indeed, It seems bet fair trading have a ladder and you can get level II with IG.