not wanting to give away your secrets but could you please explain to me what scalping is?much appreciated.
Why two separate accounts? For organizational purposes?
I think maybe fear may affect some people in having two separate accounts, just in case one fails. With this they have an alternate route and can share investments equally.
Traders mostly trade during the news hours because of high volatility. This high volatility indicates higher opportunity to make profits. So, keep your economic calendar in your hand while finding your trade opportunities.
Market opens 24x5 days but it does not mean to do forex all the time, we should manage the time for fruitful result, I always use the London and New York trading session due to the rapidness of the market and I can make the reasonable amount during these sessions.
Since i have a 9-5 job (here in Switzerland is 8-5) i study my traiding in the evening and in the morning on 4 H and D Charts. (and sometimes on 1 H charts if i feel fancy enough).
I dont set Trades on Monday (i got burned alot of time and always on monday) but only from Tuesday to Thursday with option of Friday too if im in a good trade and if the volatility is here.
Well, I don’t have any particular trading system or strategy! My news trading knowledge is my main weapon! So, I always try to active on high voltage news session! Now according to your question, you need to select your trading session in order to your strategy’s performance! By the way, be flexible here; and make a professional trading personality!