eToro – Forex Trading Forum

[Lassudrie]

Hello

I'm trading with the demo for some weeks now and it is (virtually) very... VERY ! VERY ! profitable. I earn 1000 dollars/days using scalping methods... That's why I want to try to play with real money... I other subject, you said that scalping is allowed.

But, when I read the retail FX term of use I saw SCALPING ! :

So, how to be sure that you will not freeze my account and destroy days of hard work if I scalp to death ??

4.9. Abusive trading technique

Internet, connectivity delays and price feed errors sometimes create a situation where the prices displayed on the RETAILFX online facility do not actually reflect the market rates. The concept of arbitrage and “scalping”, or taking advantage of these internet delays, cannot exist in an OTC market where the client is buying or selling directly from the market maker. RETAILFX does not permit the practice of arbitrage on the RETAILFX online facility. Transactions that rely on price latency arbitrage opportunities may be revoked. RETAILFX reserves the right to make necessary corrections or adjustments on the account involved. Accounts that rely on arbitrage strategies may at RETAILFX sole discretion be subject to RETAILFX intervention and RETAILFX approval of any orders. Any dispute arising from such quoting or execution errors will be resolved by RETAILFX in RETAILFX sole and absolute discretion. In the event that we determine, at our own discretion, that abusing trading technique has been used we reserve our right to take action as we see fit, including completely blocking access to the Service, terminating the user account and seizing all funds held in the associated user account.

[Lassudrie]

Please answer !

[FilipZalud]

1. Scalping is not allowed by eToro
2. Using wrong prizes or deleays to reach advantage in trade is not scalping!
3. Salping is method used in market when there are small amount of traders. Some of them put trades against trend and lots of naive small home investors with small SL lost their money, becouse there are Sell Limit or Buy Limit orders also puted by scalping traders which give them a good advatage. Than rate moves back to trend.


But I have question too, how do I know if price is wrong or delayed?