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Monday, 16 June 2008 |
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Posted by caementarius in the Prop Firms forum:
So I have to admit that when I first heard about scalping I thought it was a very bad idea. After all, what goes on inside of a minute seems like noise. Now, it makes more sense to me after reading 'Markets in Profile' and getting a better idea of how different timeframes work. It also really makes sense to me for scalpers to have leverage whereas with swing trading one might more easily get into trouble. I realize that $50-$100 gains here and there during a day can really add up. It's also psychologically easier to handle small losses rather than big ones.. So, I want to master the short timeframe. What do I need to do? I'm using Anvil but I don't have any group support as far as hotkey layouts, training, etc -- I'm piecing things together from scratch on my own.. Not necessarily a bad thing - but it's somewhat daunting given all the features available. Any feedback on where to learn more in this area would be appreciated.
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