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To imply this in your trading try making risk / reward ratio as small as possible, look for larger profits and smaller stops.

�Most of the time I earn a few pips and close out the trade because I want to catch it while it is still profitable. But when the trade goes against me I will hang onto it too long thinking it will...

Keep it up "where there is a will there is a way".

Its an price action based higher reward/risk strategy works with all kind of brokers.

Scalping can be prove to be hugely profitable if you keep on winning if not can be headache, so first learn how to and then how much to.

What i do with my scalping is being trading since 4 years have a good technicals and fundamentals, more over my scalping some what depends upon the price action i traded where is market is intended...

This is my 2nd project EA will share soon till then have a look on performance. :happy:

2011 performance

Jan 2012

2010 performance

2009 performance

Scalping and making huge money is an Art instead technicals or fundamentals. :yahoo:

Here are few examples of my

1. http://www.mt4i.com/users/pankajbhaban/stats

2....

Here are few more performance with real accounts only http://www.mt4i.com/users/panmittrader/stats and http://www.mt4i.com/users/panmittrader1/stats

Lol this is your performer EA ! have a look losing in real and making just 1-2% over a month that too on demo! :p
http://www.mediafire.com/?9t6rcem8ll3d3a5

A newbie may start as follows make study of forex, open mt4 demo account get used to mt4, learn some good technical analysis, make your own good strategy, run it on demo account, then go for real...

should continue with demo untill you know why you lose and what makes you win, apart from this demo should be continued with real account so as to check himself if he is doing any different in real...

looking at gold trading conditions for now i opened a long on gold at 1600.00 will target 1745.00 in coming month of jan 2012, let see if it will make about 70-80% of ROI for me.

Short term trading does makes a good intraday profits but this profit may make your hungry making more and more which may results in psycological imbalance and may make a big loss, instead look for...

I could suggest the best mobile trader to be anroid trader many mt4 based brokers do supports anroid trading platform in that there may be little variation in design of software depending upon the...

Scalping it like burning traing which surely ends with a bad hault.

Hmm no guts no one has!!!! :magic:

If you can hold you can win ever trade believe it or not but real fact.

I do bet which is faraway better than trading for me, within controlled limits, here betting mean maintaining more than 1 reward/risk ratio and holding the positions till tp or sl.

High leverage is like a bull if you can control it you make a different ride.