Hello fellow traders,
Couple of question for scalpers out there just out of curiosity and interest.
Do you use tight stops of lets say 2 to 7 pips on a regular basis and make consistent profits?
Do you use indicators ? If yes how many of them ?
How many positions do you take daily on an average basis ?
Do you use multiple timeframes to locate your trade and which one do you use mainly (30sec, 1min etc...) ?
How many currency pairs do you watch?
Do you trade news or data events or do you prefer to wait till the dust settles?
Do you trade a specific time of the day ?
Whats in general you R:R ratio and winning rate ?
Do you sometimes let your position run to bank in "bigger profits" lets say 20 pips and up?
Feel free to answer some questions and/or share your opinion regarding this topic.
Couple of question for scalpers out there just out of curiosity and interest.
Do you use tight stops of lets say 2 to 7 pips on a regular basis and make consistent profits?
Do you use indicators ? If yes how many of them ?
How many positions do you take daily on an average basis ?
Do you use multiple timeframes to locate your trade and which one do you use mainly (30sec, 1min etc...) ?
How many currency pairs do you watch?
Do you trade news or data events or do you prefer to wait till the dust settles?
Do you trade a specific time of the day ?
Whats in general you R:R ratio and winning rate ?
Do you sometimes let your position run to bank in "bigger profits" lets say 20 pips and up?
Feel free to answer some questions and/or share your opinion regarding this topic.
consistency wins