T2W Bot

Staff member
1,473 70
Like any other day traders, we are always looking for correlation in other markets or indicators to give us an edge. It?s not easy when there are lots of data and techniques out there to choose from. Those that are out there simply work in one market but not in others while more work at one type of market condition and not in others and so on.
Scalping and day trading in particular has a peculiar type of behavior where everyone wants to know what the market will do in the next minute or so in order to catch a small tiny profit — little by little to accumulate with highly leveraged trades. That said, every weapon helps to avoid losses and to add to the higher probability of success. Percentage is everything in this type of trading, the more wins, no matter how tiny, the more chances of survival. Discounting the commissions, which can be up to more than 30% round-trip on each trade (the profits are so tiny compared to fixed fee commissions), so the percentage needs to be high enough...
Continue reading...
Last edited by a moderator:
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock