Scalping...is this a waste of time or can you....

[binaryowner]

i wont say scalping is a waste of time, infact the biggest gain in forex trading comes from scalping, but it might not be the best option for newbies, its a bit too risky, and maybe they should stick to swings for starters to get some patience.

 

Oh yes, it's true. Those f*cking sophisticated HFT systems which profit from ms market changes are sure way to get rich on Fx. For those who don't possess ultra scalping software there is a great deal of EAs with modified algorithms including news scalping and cross-pair arbitrage robots. I use some of them on Hotforex and it's going quite smooth..

[seantrade]

Scalping is more or less gambling; you run into the market to catch like one or two pips before you run out of the market. That is why most brokers prohibit scalping on their platforms.

[usok]

its not like they prohibit scalping, its arbitrage that they are trying to prohibit, but its a lot harder to trace and most broker resort to guessing LOL. but scalping is a good way to earn. its just that i really suck with bots.