- Limit our exposure to adverse market events, we are in a trade anywhere from 5 to 60 seconds.
- Can use leverage to our advantage, the more leverage we have the more capital we can make and the quicker we can make it.
- By trading on the second time frame we can almost see what the big banks and traders are doing to the market before other higher time frame traders see it
- When mentally managed we can make atleast 1% ROI a day, some days will allow a 100%+ ROI
- We don't have to stare at a screen all day, 6 minutes pass and we make our 6% ROI then go relax, workout, or have fun with friends and family!
Sunday, December 28, 2008
Why Scalp ForEx?
To explain why I scalp the Foreign Exchange market instead of swing trading or position trading I'll list off its advantages. In scalping we...
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