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New traders love scalping

LeonRocky3
Jan 27 2021 at 19:59
29 posts
Yes I agree I do see a lot of people scalping
Quange
Feb 02 2021 at 14:56
25 posts
With scalping should be enough spa, you first need to learn its nuances to start trading.
wantspips
Feb 02 2021 at 18:44
5 posts
Bradley88 posted:
I prefer scalping because it's profitable for all kind of traders and requires only a well-executed strategy. Currently, I'm looking for a suitable broker that offers spread averaging at 0.0pips and faster execution.
Be careful with brokers that offer zero pip spreads. They are in business to make money. If they cannot make it in the spread then you can guarantee they are making it somewhere else. Unfortunately, the way they usually do this is by taking the other side of your trades. They know that statistically 80% to 90% of new traders lose most or all their trading capital within the first 90 days.
If you could run a business where you knew that you could take most or all of someones capital within 3 months simply by winning when they are losing (that's what happens when you lose on a trade and the broker is on the other side of that trade), would that not be a no-brainer? The fact that it is unethical and unfair does not even register with most of these brokers.
Therefore, I would recommend that you stay away from brokers that offer zero pip spreads due to the conflict of interest this situation entails. They will try to hide the fact that they so this by various means (setting up an intermediary company, for example) or simply mislead you with a claim of offering STP (Straight Through Processing) without clarifying that they also have a 'Dealing Desk' (which they use to 'facilitate liquidity' - broker speak for winning when you lose).
There's a lot of sharks out there, be careful that you don't get eaten.
Happy Trading!
Start with EQUITY MANAGEMENT
SofieAndreasen
Feb 03 2021 at 07:44
759 posts
LeonRocky3 posted:
Yes I agree I do see a lot of people scalping
New traders often prefer to trade with this kind of strategy. But I don’t think it is suitable for them.
Imamul
Feb 03 2021 at 08:51
716 posts
scalping iis a trading approach that brings profit in a short time , generally we the beginners always try to depend on scalping. but sometimes it causes a GREAT risk.
Alberncon
Feb 03 2021 at 11:48
48 posts
Is it safe for beginners to enter into trading with lower capital investments?
Adribaasmet
Feb 04 2021 at 13:20
994 posts
sometimes scalping causes huge trouble but overall its really good and comfortable for the traders who above have low amounts.
triticieek
Mar 04 2021 at 12:16
35 posts
Yes, that’s right and they also think it is easy for making money. But I’ve read it on most platforms that it is only for experts.
cameronstanley
Mar 11 2021 at 10:34
18 posts
That is right. But it is also risky for them to scalp to begin with. The profits are quick but it takes some time to get better at scalping.
Jude_craig
Mar 11 2021 at 10:51
81 posts
Alberncon posted:
Is it safe for beginners to enter into trading with lower capital investments?
Yes, its actually wise to start with a low capital first since beginners dont have much experience, so slow and steady is the key. As you gain experience, you can increase your capital.
lucasser
Mar 11 2021 at 14:29
26 posts
New traders prefer scalping because it is one of the quickest methods to make profits, and new traders do it by just predicting and not using any actual forex knowledge, which is why they end up blowing their accounts and stop trading.
klosspiece
Mar 24 2021 at 11:49
37 posts
Yes, the profits from scalping can be quick but it is equally risky to use this strategy, especially for beginners.
marionharrington
Mar 31 2021 at 10:25
10 posts
Yes, the profits are rather quick to make but scalping is also a difficult strategy to work on especially for beginners. They should be careful with trading on high volumes at first.
Justin990
Mar 31 2021 at 15:09
29 posts
New traders love scalping because scalping is one of the quickest methods to earn profit within minutes, but it also comes with certain risks involved; if not careful, newbies can end up blowing their accounts.
RobSchiz
Mar 31 2021 at 15:59
567 posts
lucasser posted:
New traders prefer scalping because it is one of the quickest methods to make profits, and new traders do it by just predicting and not using any actual forex knowledge, which is why they end up blowing their accounts and stop trading.
Yes. But scalping is a risky method. Without knowledge, it can be dangerous.
Rococo_XVII
Mar 31 2021 at 18:22
46 posts
I agree. For newbies it is easy to trade with scalping. Because it is easy. But at the same time it is easy to lost your capital from these little lossess to big one.
That is why I do not prefer scalping.
Think thrice before opening an order
Tremblay
Jul 06 2021 at 16:27
330 posts
Rococo_XVII posted:
I agree. For newbies it is easy to trade with scalping. Because it is easy. But at the same time it is easy to lost your capital from these little lossess to big one.
That is why I do not prefer scalping.
Yes. You are right.
RobertFerrari
Nov 24 2021 at 07:05
410 posts
Rococo_XVII posted:
I agree. For newbies it is easy to trade with scalping. Because it is easy. But at the same time it is easy to lost your capital from these little lossess to big one.
That is why I do not prefer scalping.
Scalping can be diufficult for the new traders if they have no proper knowledge.
CraigMcG2020
Nov 24 2021 at 08:01
385 posts
marionharrington posted:
Yes, the profits are rather quick to make but scalping is also a difficult strategy to work on especially for beginners. They should be careful with trading on high volumes at first.

Agree with this and i think you have to be okay with losing often too and have the mentality to deal with the fast losses and fast wins. It can be easier said than done sometimes
Imamul
Nov 24 2021 at 10:33
716 posts
the new Forex trader love doing scalping because the success of scalping come with very short time and with very low trading balance scalping can do successfully , but for consistently to bring success need a powerful money management.
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