Thread: is this a ridiculous idea ? maybe im losing my mind !

Open a demo/game account. Oanda would do. Duplicate it for a half a year. Incorporate ideas that are further to best it. Thats it. If it works, functions if not . Start again. Modify, alter, until you discover the thing, test that functions.

Regards

The market wishes to give you thousands of pips..yet you wan na na just aim for 5 or 10? why?

Yeab - there goes the mind.

Some has a Massive stomach, a Few has a small Tummy... However, it is Far Better to concentrate to not have huge DDs and to avoid losses... Profits will come with it IMHO

Originally Posted by ;

I've thought of this all of a sudden but it seems so straightforward that I don't think it'll work....

*****And so on and so on*****

so that the idea is for market to move just a little bit on your favor. Or am I just crazy...:

Sorry, but I have to say....Yes, you are crazy.... That will blown up your account immediatelly...:amazed

Originally Posted by ;

Sorry, but I must state....Yes, you are mad.... That will blown your account immediatelly...:surprised

it won't

Originally Posted by ;

Sorry, but I must state....Yes, you are crazy.... That will blown up your account immediatelly...:amazed

can you support statistical caculations/experiments your statement???

Originally Posted by ;

You're talking about building a scalp in a sideway market.
There isn't anything new in it.
But you must know it is quite tough to do.
I am doing it a few times each day while I monitor my big position.
If you are really wont I will provide you some ground references and rolls.

Really appreciate any assistance you can provide me, many thanks in advance.

Originally Posted by ;

Open a demo/game account. Oanda will do. Test it. Incorporate thoughts that are further to best it. Thats it. If it works, works if not . Start again. Alter, alter, until you find the thing, test that works.

Regards

A BIG THANK YOU for ALL who responded and the warnings also....

I guess it's very very difficult to buy and sell at approx. Same time as the pair will soon be moving all of the time....silly me....

WAIT A MINUTE....

What should I put buy and sell orders ( based on both Ask and Bid prices ) for numerous pairs at Friday's close so when Monday opens, a total of 4 orders will require profit for each pair?

So only 5 pips motion above and under Ask and Bid prices as the spread for Monday open will be quite large....

Or is this even crazier idea???

You need some kinda risk management... that will leave you side open if price went against you and never returned. . If you are currently gon na scalp. . You will need a broker will the spreads.