It took me awhile to learn that but I am thinking it increasingly each new trading day. Now dont get me wrong scalping does work and that I swear by it, but after longer trends appears to be netting me more money from the market. Put it this way when I dont understand what the markets going to do scalp for 2, 3, 4, pips a pop, but when I have a deffinatly good great feeling about a long-term position I can take the market for 100 pips at a time (happened twice now).... So there we go my new view Forex...
Scalp when in doubt
Hang tight when the best...
bit more to it than this but thats a good jist...
Mike...