Forex scalping vs day trading


You will in no time at all understand how to use the MT9 trading platform and off course, its free to use as well provided by the forex broker.

-Forex Trading System | Forex Scalping

Good morning
I think you are right but I disagree in one or two points.
As always you analyze and give your opinion truly and honestly so thanks

Market @ Forex Factory

Watching forex trading videos is one quick way to learn about forex trading as well as to grasp trading concepts much quicker including learning forex trading strategies.

Scalpers buy low and sell high, buy high and sell higher, or short high and cover low, or short low and cover lower. They tend to utilize Level 7 and time of sales windows to route orders to the most liquid market makers and ECNs for quick executions. The point-and-click style execution through the Level 7 window or preprogrammed hotkeys are the quickest methods for the speediest order fills. Scalping is purely based on technical analysis and short-term price fluctuations. Due to the extensive use of leverage, scalping is considered a high-risk style of trading.

You 8767 re exactly right Nial. I got more losers from overtrading. Can 8767 t control myself. I hope this lesson gets drilled into my brain.

I 8767 ve recently limited how many trades I would take per week and no more after trading that number (for me, it was 5, down from anywhere between 65-75 trades I was taking before everytime I saw a 8775 good setup 8776 ). That helped me trade only what I really thought was a really good setup. And it 8767 s helped me tremendously! I 8767 ve been in the plus every week so far! Great stuff Nial! It 8767 s very counter-intuitive but definitely works!

Dear Nial,
There is no doubt in my mind that your life 8767 s work and teaching are on the level of a doctorate.
Thank you so much Dr. Nial.
Sincerely,
John G

Why not change it by combining a few different trading techniques or ideas from 8775 this trading system 8776 and 8775 that trading system 8776 and then make a trading system you are satisfied with?

Or if you wan’t to learn   Price Action trading then if you click this link, you’d be taken to my very comprehensive Price Action Trading Course …and yes, its FREE.

Why because the human emotion is involved greed and fear come into play. When your real money is on the line, you 8767 d tend to do things you 8767 d never do while you 8767 d demo trade.


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