What is Forex and how does it work?
27 November 2015
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Learn everything about Orderflow trading?
- theforexscalper
theforexscalper
Email us now :
info@theforexscalpers.com
Learn everything about Orderflow trading?
theforexscalper
Email us now :
info@theforexscalpers.com
What is scalping trading forex?
Forex Scalping is a forex strategy where the trader only keeps his positions open
for very short periods, with the aim of quickly catching small profits.
This can be a very profitable way of forex trading.
Because the time that the position remains open ranges from a few seconds to a maximum of 2 minutes.
In fact, there is no more talk of forex scalping than normal intraday trading.
However the target profit per trade is usually between the 1 and 5 pips
In theory, it is also possible to set up a forex scalping strategy with the expected profit between 5 and 15 pips net, but in that case the position will have to be held longer for longer than 1 to 2 minutes.
Firstly the trader must first consider a working system.
Most important part of any forex scalping strategy is at least risk management.
The difference between profitability and profitability is, in fact, risking only a small part of the total capital and quick packing of any profit.
After all, anyone who already has some experience in trading in the online currency market knows that it is not possible to deal with profit is an unprecedented risk if unable to accept / cause loss.
Successful scalping means risking 1% up to 2% of your total capital.
If you work with very small profit margins, there is no room for greater loss.
In conclusion, a scalper develops a fixed, elaborate strategy that is not deviated from.
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So if you interested in scalping but never did scalping before please contact me for some more information.
So if you are a beginner trader and to become a good professional forex trader.
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Welcome to my author blog. With over 12 years of experience in the financial markets, Trading is more than a profession for me; it's a passion that has fueled my curiosity and determination. Over the years, I've explored various trading strategies, dabbled in different asset classes, and navigated through the ever-evolving landscape of technology and innovation. Through it all, I've witnessed firsthand the transformation of the financial industry. My mission is to share the wealth of knowledge I've gained over the years with you, my fellow traders and aspiring investors. Whether you're a seasoned pro looking for fresh perspectives or a newcomer eager to understand the basics, you'll find something valuable here.
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