would this strategy work?

[kgharris]

Quote from RhinJones449:

You can open up two accounts and have them up on two different screens. You buy a currency pair on one of your accounts and sell the same currency pair on your other account, and you set the stops about 50 pips away and the tgt 100+ pips away. So if the currency pair goes down 100 pips you gain 100 pips on one acct and only lose 50 pips on the other and vice versa. So if it goes up or down you gain more than you lose all the time. Would this work?

Why would you buy in one account and sell in another, essentially being flat and having to pay commish on the trades? Why not just wait for the proper trade to trigger and go that direction. Use limit orders, etc if you cannot watch the market all day.