Forex Scalping consistent methods for large profits
Monday, 11 August 2008
Here, we will consider at Forex Scalping methods and how they aim to achieve consistency in the profits of the day regularly and seeks to earn small profits every day to build huge profits overtime. Let exchange leather in more detail.
Forex leather is more popular than ever and there are many systems currency swap and e-books, who claim it works, but none of them work, (we return to this point in a minute) that the rationale software exchange leather is totally wrong.
Why Forex Scalping can never work in the longer term
The reason it does not and can never, it is easy to understand if you think about it - you need valid data!
Consider this:
Every day, billions of dollars are exchanged by millions of traders and the total of all these views come together and give us the price.
The thought that you can say that all these millions of people will do in a few hours is ridiculous.
You can not!
The volatility and can take anywhere in prices for short periods and support and resistance levels are meaningless. If you do not have valid data, you will lose and that is exactly what happens to people who try to change leather or trading days.
May You say:
I saw evidence of functioning and given the roadmaps presented by the forex scalpers and yes you - but not real!
See the CFTC standard disclaimer below and you'll see why these track records can not be trusted:
"Hypothetical or simulated performance results have certain limitations. Unlike an actual performance, simulated results do not represent the reality of negotiation. Also, since the trades have not been implemented, the results have under-or May - plus compensation for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with hindsight. No representation is made that any account or is likely to achieve profits or losses similar to those show ".
So you simulate a road map, knowing that the closing price - the difficulty is that?
Everyone can do it, even a child.
The problem is, of course:
We do not have the luxury of knowing the price when we trade (shame, but that's life!) So doing it in the real world is much more difficult for people to exchange leather, it is impossible.
That's why you never see a real balance sheet, but a hypothetical that is simply not worth the paper it's written on and in most cases is simply made up by vendors.
Where are the real Track Records?
Do not be fooled advertising copy statements such as:
"Pick tops and bottoms scientific accuracy" make "50 pips a day" or "trade with 80% accuracy" - this is just announced and did not return.
If you do not believe me ask a leather real-time exchange of history and you will not get one - try it and see.
Forex leather and transactions is a good story, but it is what it is and try it and you lose - as you can never get the chance in your favor.
Keep in mind
Forex Trading is a great way to earn money but this is not easy and many people who sell courses and e-books on forex leather and try to believe.
Traders who believe above the need to obtain in the real world.
How to Win
To win, you must do your homework and get a system that recovers Forex Trading chances on your side. This means avoiding exchange leather and transactions and trade data covering more time that executives valid and you get the chance in your favor.
Labels: forex
posted by Master @ 02:43,