Recent content by Trankuility

Hey guys, been a while since I've checked in here. But here I do be! hah. Anyway, got a quick question for the newbie Forex scalpers on the forum: What is the #1 thing you struggle with when it comes to Forex scalping?

Not from my car though.

Sounds interesting. Just bought it for my Kindle.

You need a video card that can work with 2 monitors at once. It will will have two ports on the end of it, one for each monitor. My pc came with onboard video card and I installed one myself that has two ports. That allows me to use 3 monitors at once, although I had to select which monitor was...

I use 3 monitors, though only 2 are for trading. The 3rd is to browse the net while I wait for price to do it's thing. Computer itself is nothing special, probably on the low end nowadays compared to what's current.

You can't handle the truth!

Make the timeframe work for you. I have a full time job from 8-5pm. But I wake up at 4:30 and trade forex from 5am - 7am.

If by scalping you mean getting in and out to capture a few pips profit, I don't know any books or programs for it. It's more about you digging for golden nuggets across sites and trading books and putting together your own method. All methods are like that but especially with scalping. In fact...

Hell yeah, we're gonna be rich. Movin on up! I'm doin the Jefferson dance right now.

You can't have a completely rigid set of rules. If that were the case you could pay someone to program it and watch the money roll in. Doesn't work that way though. There are basic things that you should adhere to always, such as proper money management. But in your trading lots of things will...

Math not necessary, as Shadow mentioned, though could be helpful. I don't use math in my trading beyond simple addition/subtraction. In my experience, it's all about pattern recognition, emotional control, and self awareness.

To shave a huge amount of time off your learning curve, and perhaps to save you from a lifetime in limbo, focus on one method that you create. You can take a bunch of things you learn from sites, other traders, etc.. But use them in a way that fits with the way YOU want to trade. Make it suit...

You're trading too big relative to your account size. 1 euro is about $1.45 per pip. And you have a 200 - 300 euro account. You're going to wipe it out in no time. The amount per pip should be determined by your stop sizes, and your stop size should be determined by the amount you're willing...

Oh man, my bad, haha. I think I misunderstood your post. Now that I read it again it sounds like you were commenting on my style and not saying Fapturbo is good. If so, apologies good sir! And yes, you're correct about waiting for the right setup. Gotta wait for the right moment and then you...

So what if it's used by many? It's still bullsh*t. Post 29 is good. Post 30 is ignorance at best, intended deceit at worst. Either way...bullsh*t.