Hi Guys,
I'm new to forex and Forex Factroy.
I started a week ago and with $100 i went up to $1,300. But now i'm Down to -$3000.
I use to use a X200 or X400 and try get 2to5 pips off a trade and close it.
But then for example if i Bought USD/JPY it would Just all of the sudden shoot down 30 pips and i would never get my money back and virsa versa.
Is there any good Scalping Strategies that work? and any tips on how to avoid these sudden spikes or reversals??
Thanks
I'm new to forex and Forex Factroy.
I started a week ago and with $100 i went up to $1,300. But now i'm Down to -$3000.
I use to use a X200 or X400 and try get 2to5 pips off a trade and close it.
But then for example if i Bought USD/JPY it would Just all of the sudden shoot down 30 pips and i would never get my money back and virsa versa.
Is there any good Scalping Strategies that work? and any tips on how to avoid these sudden spikes or reversals??
Thanks