Forex Trading - Fast and Furious Trading
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Uploader Comments (BKTraderFx)
All Comments (7)
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BBands time period / lookback is? 20 candles? 14 candles?
Thanks.
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Watching these scalping videos brought back my reckless overtrading and 15% drawdown within minutes - I don't know if this is the sort of thing you want to be throwing at amateurs
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Nice work, much appreciated....
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I downloaded the demo of Dealbook yesterday, going to check it out this week. I really like how the Dashboard has 1-click trades, "choose max slippage function", and stays at the very front of your windows, very cool. Oanda has been good for fast execution but it sucks around the news.
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Hi Boris, thank-you so much for sharing these videos! I can really appreciate your style of trading and have been doing nicely with this one and the 00. In my opinion we Micro Traders have a very bright future. =)
I find an RSI 10 to be very helpful with this approach.
A good tip for people is to have a broker with fast execution, you don't want to be getting the Requote button with this one
Also getting a broker with 1 pip spread on Euro and Yen is the smart thing to do.
Cheers, Jason
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Hi Boris, do you think a Martingale approach could be applied to the strategy with a minimal lot size ?
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I liked your very last comment in the clip. thank you
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Couldn't agree more - that why i NEVER use Oanda for reactive trading because they spread you wider than the Great Plains. It is vital to use a broker for reactive trade that will maintain the integrity of the price feed.(GFT does a good job - and I don't say that only because I work for them :)
BKTraderFx 2 years ago
Never. Martingale will inevitably end in a disaster. Several traders have had success with a two entry average price strategy, but I prefer to take my stops early and move on.
BKTraderFx 2 years ago
Thank you
BKTraderFx 2 years ago