Mar 10, · scalping with IG. This is a discussion on scalping with IG within the Spread Betting & CFDs forums, part of the Commercial category; You can assign terms to things, such as Scalper etc, but they're actually quite meaningless as . Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit.
This is especially true for scalpers. If the market moves against you suddenly due to news or another factor, you need to have a plan of action for limiting your losses.
There are other misconceptions that scalpers are very aggressive traders prone to large losses. One way to help combat this is to make scalping a mechanical process. This means that all of your decisions regarding entries, exits, trade size, leverage and other factors should be written down and finalized before approaching the charts. So this brings us to the final question. Who can be a scalper? The answer is anyone with the dedication to develop a trading strategy and the time to implement that strategy on any given trading day.
Interested in learning more about Forex trading and strategy development? Register here to continue your Forex learning now! DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. Take a free trading course with IG Academy. Our interactive online courses help you develop the skills of trading from the ground up.
Develop your trading knowledge with our expert-led webinars and in-person seminars on a huge range of topics. A demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account.
Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment.
Who Can Trade a Scalping Strategy? Please enter valid email. This has resulted in a loss of profits as trades that were legit were subsequently rejected. Clients of Stop Orders, Limit Order and Stop and Limit Related Orders may relate to this cause more as these orders are often routed for manual execution, which is often carried out in IG Australia please be referred to point A above. Hence, IG had illegally executed the trades according to the evidences.
Should you wish to contribute to my cause and to build a stronger case against IG Markets, do contact me at limayden gmail.
Also, do sign the petition at the link above to support the cause. Thank you and I look forward to your support. The spreads are huge too. Everything you do they will continually skim money from your account, every deposit, every withdrawal and every trade.
A terrible SLOW broker that only knows how to make money by skimming money from clients. When I finally am trying to close my account and withdraw my money, they are asking for heaps of paperwork and are taking a very long time for me to withdraw my money IG Markets are the best. Super low spreads, fast withdrawals, excellent service, superb platform. And their quotes really follow the real market, I have compared their quotes carefully for a very long time and they get better and better.
They also have a DMA option to trade from. They have all youo need, and better, you can really trust them with your life. I can't almost beleive the complains I have done about operations with IG, and had slippage just twice, and really small one.
They are really serious about money retirement, and prices and spreads are always ok. I haven't had any difficult in dealing with them, not in profit, not in loss. I had been trading with this broker for past 3 years, platform are suck!! The worst platform i ever seem! Going to terminate the acc soon. Yes called, getting lucky. Mar 10, , Originally Posted by jkane. Indeed trading is alot more like gambling than anything. People will insist on telling you otherwise but a coin toss it pretty much is.
If you review the SB services you'll soon come to realise they're nothing more than fabricated toys made for name-sake merely to keep people entertained. Having said that what's the difference between day trading and swing trading. A real trader wouldn't really care about timeframes. Page 2 of 2.
We have strategies for part-time traders, particularly focusing on day trades and swing trades.
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