scalping + rebate

xerof

Trader
May 14, 2017
85
5
14
Where can I learn more about this strategy (books, links or any other resources will be much appreciated)?

Thank you
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,819
1,419
144
Odesa
www.earnforex.com
As far as I know, for the rebates to be counted by the broker, the trades must either have a minimum time length or profit/loss size (in pips), which invalidates scalping as a viable strategy for earning through the cashback services.
 

xerof

Trader
May 14, 2017
85
5
14
Yes you are right, some brokers have some conditions to get rebate, because that i change my broker, and now i dont have any conditions. I get rebate for every trade i made, it does not matter how long is trade open, or how big is profit or loss. Now i trade a lot more, and my goal is to earn money from rebate, and keep account at least at its initial state. My last account lasted for 14 months, at the end i get greedy, and increase my lots and lost everything, but i 14 months I earned on rebate more than was my initional account. Now i opened another (classic) account beacuse of higher rebate, but is difficult to do scalping beacuse of bigger spread. Now i am looking for strategies for this type of trayding. I want to trade, a lot to get more rebate, and keep my account stable at the same amount (it would be ideal if he grew up but that is second goal :)).
 

xerof

Trader
May 14, 2017
85
5
14
How broker earn money? From comission. Through rebate you get some comission back. I trade a lot, trying to keep account brake even, and earn money from rebate. The best thing is if you earn money from trading, and rebate is just additional bonus :)