Day Trading Advice: Capture The Spread
How Stock Market Day Trading Wisdom Applies To Currencies
Though this video is based on day trading stocks, there are still some important tips that apply to forex. This guy is very chill (as he casually sips from his cup), and he certainly knows what he is talking about. Capturing the spread tends to be much easier in forex trading since the spreads are much smaller.
Some of what he talks about does not really apply to what we are focusing on, but he mentions ECNs which apply to forex. In forex this is sometimes what we call scalping, and as long as you can capture the bid and go a few pips above with your forex trading you will be consistently profitable.
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