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Forex Questions regarding very tight stops

Discussion in 'Forex Forum' started by iTrader, Oct 17, 2015.

  1. iTrader

    iTrader Guest

    Hello fellow traders,

    Couple of question for scalpers out there just out of curiosity and interest.

    Do you use tight stops of lets say 2 to 7 pips on a regular basis and make consistent profits?
    Do you use indicators ? If yes how many of them ?
    How many positions do you take daily on an average basis ?
    Do you use multiple timeframes to locate your trade and which one do you use mainly (30sec, 1min etc...) ?
    How many currency pairs do you watch?
    Do you trade news or data events or do you prefer to wait till the dust settles?
    Do you trade a specific time of the day ?
    Whats in general you R:R ratio and winning rate ?
    Do you sometimes let your position run to bank in "bigger profits" lets say 20 pips and up?

    Feel free to answer some questions and/or share your opinion regarding this topic.

    Source.
     

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