Some of the forex scalping expert advisor programs that were popular until recently have been getting a bad press in the last few months. It seems that they are selling when they should buy and buying when they should sell. So what is happening, and can you still trade successfully with a scalping expert advisor?
Scalping is a tactic that relies on making small, quick trades to exit with a profit not many times the size of the spread. In fact generally anything more than 3 times the spread is not considered scalping at all. Scalpers are aiming to move in and out of the market in just a few minutes, or sometimes even less than one minute. They plan to do this many times in a day to achieve many small profitable trades adding up to good profits over the course of time.
The title of this article points to a very disturbing trend that has been going on in the world today. More and more people are turning towards the Forex market as a means to make either a secondary income or to open up a revenue stream that would soon be the main source of income for them. Yes, the Forex market is a great place for anyone to make money, due to its liquidity and often predictable market psychology.
