i'm looking for scripts for scalping...

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lukx
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i'm looking for scripts for scalping...

Postby lukx » Sun Mar 29, 2009 9:53 pm

I'm searching for scripts for scalping.
Basically what I want it to do is quickly open trade with for example 0.1 lot 6 pips profit target and 12 pips s/l. Does anyone have something like that working on all pairs?

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vladv
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Postby vladv » Mon Mar 30, 2009 5:29 am

To scalp the market sucessfully is no easy job,you know.......

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lukx
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Postby lukx » Mon Mar 30, 2009 6:47 am

if you know any easier way to make money I'm all ears :P

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eudamonia
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Postby eudamonia » Mon Mar 30, 2009 3:34 pm

lukx,

You can do what you just described with most brokers. As soon as you enter a trade it will have a preset target and stop.

vladv,

Scalping is easy - if you wait for the perfect opportunities. If you just go jumping into trades trying to follow the herd you will likely get slaughtered.

My favorite trades are not based purely on mechanical things, but on emotions I see in the market. Is the market boring? Is everyone stampeeding in one direction? These are the times when you have the greatest ability to capitalize on the situation with the least risk. Whether you are scalping or swing trading...it doesn't matter. EMOTION!

Edward
Eudaimonia (pron.: you-die-moan-e-a) (Greek: εὐδαιμονία) is a classical Greek word commonly translated as 'happiness'. The less subjective "human flourishing" is often preferred as a translation.

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