Trading with Triumph Scalper: Rules
If you have not already heard, there is a brand new piece of trading software out there called the is the Triumph scalper. Now for those of you who don’t know, this is a very high quality trading indicator for 4X1 that provides users with very profitable and accurate buy and sell signals.
Although this is a brand new trading program that was just released, the simple reality is that it can help make life a whole lot easier by more or less telling you what to do and when to do it. In no uncertain terms, this Forex scalping indicator quite literally holds your hand through the entire trading process, thus allowing you to make big time profits without actually having to know or do anything at all.
Now, with that being said, although the triumph scalper application will definitely help make your life easier and put money in your pockets, you do still have to know how to operate it.
Moreover, although you don’t have to know all that much about Forex trading to be successful with it, there are some trading rules and concepts that you should at least be aware of. What we are here to do today is to provide you with all of the trading rules and tips that you need in order to be successful when using this triumph scalper trading system.
Triumph Scalper Trading Rules
Let’s get through it and talk about all of the most important rules and tips that you need to know in order to make money with a triumph scalper application. The tips that we are about to tell you are nothing groundbreaking or earth shattering, but they are still important for you to know nonetheless.
Always Check News First
OK, so this might not actually be attempt specifically for people using the triumph scalper, but with that being said, it is an extremely important rule in Forex trading nonetheless. But we are talking about here is that you need to visit a website such as investing.com which will provide you with an economic calendar and thus allow you to see all of the important news releases that are slated for release on a specific day.
Of course, economic and political news developments can have massive impacts on the values of foreign currencies. Therefore, in order for you to place the best possible trade that will put the most money in your pocket, you need to know what is going on in the world.
What you are looking for here is priority news. This is measured in bulls. There is 3 bull, 2 bull, and 1 bull news. 1 bull news is Ok to trade on, but if you see that a currency is set for a 2 or 3 bull news release, avoid trading with it until at least 30 minutes after the news has been officially released.
Closing the Software
One of the most important things that you need to know when using triumph scalper trading software is that you should never close it right in the middle of the trade. Moreover, you can also not close your meta trader for Forex trading platform or close charts. While the triumph scalper is still attached to that chart. Never put your computer into sleep or hibernation mode. While the meta trader is still open and you have the triumph scalper attached to a chart. Moreover, you also can’t close any of your trading charts or the triumph scalper indicator with open trades. You need to wait for all of your trades to close before you can exit the software, or else you will end up losing money.
The Best Trading Times
Yet another piece of advice that you absolutely need to follow when trading forex weather with the triumph scalper or otherwise, is that you can’t trade when the market is flat. You need to trade during actual active market hours. These are known as active trading sessions and your best bet is to trade during the USA and London UK trading sessions. The reason for this is because if you trade outside of those trading hours, you will be trading in a market that is more or less dead and the dead market. It’s a great way for you to lose money. When it comes down to it, if you live in the GMT time zone, your best trading window is between 9:00 AM and 7:00 PM. Of course, if you don’t live in GMT, then you have to make the appropriate calculations to find out what the exact best trading window for you is. Never trade outside of active market hours or else you will end up losing money without a shadow of a doubt.
One of the biggest mistakes that people seem to make when using the Triumph Scalper app is to try and change the time frames on trades that are already open. Folks you cannot change the time frame on a trade that has already been placed. It really doesn’t matter what trading platform or indicator you are using because this is something that just does not work in Forex trading. While your trades are open, do not attempt to change the time frames or any other inputs, because if you do, the triumph scalper application, or will most likely fail and end up losing all of the money that you invested into any open trades where you try to change the timeframe right in the middle. Yes, you can change the time frames on the trades, but you have to do so before you execute the trade and not after.
Give the Demo a Try
The other piece of advice that you should follow here is to use the Triumph scalper demo account before you start trading with real money. This will help give you a good idea of how Forex trading works, as well as how to navigate the platform itself.
Trading with the Triumph Scalper – Final Thoughts
When all has been said and done, if you are looking for what is very likely the best Forex indicator out there, then the Triumph Scalper Trading system is the way to go.