ILS is an abbreviation for Israeli Shekel. The Israeli Shekel is the official currency of Israel. One Israeli Shekel is divided into one hundred agorot. Can forex be a full time job? Yes, forex can be a full time job if you are willing to commit the time and effort required to be successful at it. However, it is important to keep in mind that trading forex is a high-risk activity and is not suitable for everyone. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite.
Who is the best forex scalper? There is no one "best" forex scalper, as scalping is a trading style that can be employed by traders with a variety of different objectives and strategies. Some scalpers trade for very short-term profits, while others may hold positions for a bit longer in order to capture larger price movements. There are also a number of different approaches that scalpers can use, such as trend-following or range-trading. Ultimately, it is up to the individual trader to determine what works best for them.
One thing that all successful scalpers have in common is that they have a well-defined trading plan that they stick to. They also tend to be very disciplined in their execution, and are able to control their emotions in order to stay focused on their plan. Another common trait among successful scalpers is that they are always looking for ways to improve their strategies and techniques. They are constantly tweaking and experimenting in order to find new and better ways to scalp the markets.
How many pips is scalping?
Scalping is a trading strategy that involves holding a position for a very short period of time, typically only a few seconds or minutes, and then closing it out for a small profit. Because scalpers trade so frequently, they are usually only looking for very small profits, usually only a few pips per trade. Can forex make you a millionaire? No, forex will not make you a millionaire. However, it can make you a lot of money if you trade wisely and manage your risks carefully. Are there forex millionaires? No, there are no forex millionaires. Forex trading is a very difficult endeavor and most people who try it fail. The vast majority of people who trade forex do so for a living, not to get rich.