Why scalping doesnt work........ - Page 3
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Thread: Why scalping doesnt work........

  1. #21
    94919
    Quote Originally Posted by ;
    Leon, It must be written by an idiot, who never traded ForEx or scalped ForEx... Scalpers make money... Good example Market Manufacturers... and of course Rainbow traders... LoL
    Lol, maby so. Im using something similar with less MA's on a Larger timeframe ATM, although yes, Im subscribed to your thread, never found it to work for me.

    Something I hunted from you on ur thread.... SCREENTIME!!

    Goodday

    leon

  2. #22
    94918
    Quote Originally Posted by ;
    Now something I persanally discover is that in the event that you take some time axis and price axis off a chart and ask someone to let you know what thetimeframe is.... They cant take action.
    So what does this meen? Well, in my oppinion it meens a great should function on any stage (maby shifting some settings) but the overall system should work since the same'rules' apply. The benefit to timeframes in my oppinion is thinking time!
    Agree. Together with time and price I doubt many folks, if any, could tell the difference between a short or long term chart. I've read about it being analyzed.

  3. #23
    94918
    Quote Originally Posted by ;
    Leon, It must be written by an idiot, who never exchanged ForEx or scalped ForEx... Scalpers earn money... Great example Market Makers... and of course Rainbow traders... LoL
    It had been. Google Monica Hendrix and see some of her articles.

  4. #24
    94918what's a Rainbow trader ???

  5. #25
    94918
    Quote Originally Posted by ;
    what is a Rainbow trader???
    They are small people, Smoke pipes and wear mainly green clothes, Searching for that pot of gold, HEHE.

    Type it in to the search field at the top of the site'rainbow' and you should get the thread!

    leon

  6. #26
    94918
    Quote Originally Posted by ;
    just because somebody cannot scalp when their life depends on it, doens't mean it's not a viable system. Even when majority of the world traders can't scalp, it still doesn't mean scalping does not do the job.

    It just means it does not work for YOU.


    This is why I enjoy trading. In case you have patience and persistance, you can find anything that will work in trading. I know scalpers just smile reading this thread
    Exactly. My sig. Line says it all: There are hundreds and hundreds of approaches to make money in Forex, but there are a huge number of approaches to lose money in Forex. It isn't important if you use any time period chart between 1 Hurry and 1 week... just exchange anything you feel comfortable with in earning money.

    Quote Originally Posted by ;
    As a trader for 25 years I just laugh when I see headlines such as make 700 pips a week etc but many naive and greedy traders get taken in by Currency Market scalping marketing replicate and its no laughing matter when they lose their money!
    . . .and for a scalper, which makes me laugh too. My weekly objective is nowhere near 700 pips... it's similar to 50 pips. The main reason why most people fail in scalping is they think that it's all about getting the pips within a moment. It's not about the pips, it's about continuously compounding consistent profits of a couple of percentage points weekly.

  7. #27
    94918
    Quote Originally Posted by ;
    They're little people, Smoke pipes and use mostly green clothes, Seeking for that pot of gold, HEHE.

    Sort it in to the search field on top of the website'rainbow' and you need to find the thread!

    Leon
    Then I must be a Rainbow trader.... That pot of gold is really damn elusive...

  8. #28
    94918
    Quote Originally Posted by ;
    Then I have to be a Rainbow trader.... That pot of gold is so damn elusive...
    You will see the pot of gold earlier than other methods... LoL

  9. #29
    94918
    Quote Originally Posted by ;
    Leon, It must be written by an idiot, who never traded ForEx or scalped ForEx... Scalpers earn money... Great example Market Manufacturers... and of course Rainbow traders... LoL
    I concur with Linuxtroll, I do well scalping the market. Keep up the Fantastic job Leon. Your articles are good!

  10. #30
    94918So scalping when is for idle dreamers Ms. Hendrix (if that is your real name) does this make trading daily timeframes for quick vegetables?

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