Originally Posted by
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You mean, if there is anybody who scalps with 50 - 100 mil places? I doubt that. Besides, any movement with this size of trade is very likely to influence market, a pip or two, if you're really high frequency scalper, but you may hurt. I really do see daily transactions of 100 mil and up but those are done not at all a scalping manner at all.
How I view it, scalping for lt;10 pips is a bad man's occupation in forex. Big boys are very likely to be scalp or egic for much more pips at a time.
I recently graduated from demo into life accounts and the experience was very Awakening, interface is the same, market data also yet, it behaves and feels soooo much otherwise. I discovered the hard way (5-digit way) to be somewhat careful and very a bit more conservative then in demos. At least until I get back what I lost to the market. Low leverage is essential, you don't want to get caught with an extremely leveraged position. Because you can't bond, you won't fill 100k.
The following lesson has been that scalping for anything less then 7 pips is basically feeding the broker and providing liquidity while shooting unjustified risks.
YMMW of course.
P.s I trade on great CX hub.