Hi,
I was reading posts here yesterday including this post about how marketmakers make their money(some or all?) by scalping
http://www.forexfactory.com/forexfor...1&postcount=34
and this postabout whether 5% a day is achievable
http://www.forexfactory.com/forexfor...ead.php?t=3338
and something came into my mind, and wondered what the forum thought.
How difficult would it be, after the spread has been paid, to get 3to5 pips each day for a year (200 trading days) by either scalping or slightly longer intraday trading the Eur/Usd or Gbp/Usd?
Or more likely, 3to5 pips every two days?
How difficult...in thought it seems sort-of easy, in practise is it that easy though....i suspect it is not as beguilingly simple as it appears, given the nonlinear nature of the markets.
I wondered what others thought
Anthony
I was reading posts here yesterday including this post about how marketmakers make their money(some or all?) by scalping
http://www.forexfactory.com/forexfor...1&postcount=34
and this postabout whether 5% a day is achievable
http://www.forexfactory.com/forexfor...ead.php?t=3338
and something came into my mind, and wondered what the forum thought.
How difficult would it be, after the spread has been paid, to get 3to5 pips each day for a year (200 trading days) by either scalping or slightly longer intraday trading the Eur/Usd or Gbp/Usd?
Or more likely, 3to5 pips every two days?
How difficult...in thought it seems sort-of easy, in practise is it that easy though....i suspect it is not as beguilingly simple as it appears, given the nonlinear nature of the markets.
I wondered what others thought
Anthony
another INTP