Although this approach worked a lot of the time, in the longer-term it was unsuccessful.
Sometimes I would lose everything within my account. What I didn't know was that this style of trading is actually called scalping and my lack of experience and...
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Although this approach worked a lot of the time, in the longer-term it was unsuccessful.
Sometimes I would lose everything within my account. What I didn't know was that this style of trading is actually called scalping and my lack of experience and knowledge prevented me from using it properly.
After that I decided to become a positional trader where I would open up a number of positions for a few days to try to make 100 pips minimum profit.
Again, I would mostly succeed and this worked for a number of years.
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