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New traders love scalping

Nov 15, 2020 at 06:39
3,477 Views
107 Replies
Member Since Feb 16, 2022   67 posts
Sep 29, 2022 at 14:44
When you can earn more profit, you will feel satisfied, which is badly needed for traders. Every broker allows traders with a demo account to practice.
Member Since Feb 16, 2022   63 posts
Sep 29, 2022 at 15:20
The better a trade can forecast the market, the better he can earn from Forex. Good analytical ability is needed for better market prediction.
Member Since Jul 23, 2020   869 posts
Sep 29, 2022 at 17:29
Traders are worried about earning and this worry leads them to depression resulting in suicide. Forex is the largest currency trading market in the world and along with this; it offers range of opportunities for earning. So, traders should rightly utililize these available opportunities.
Suradi (FXOday)
Member Since Apr 03, 2021   470 posts
Sep 30, 2022 at 01:35
High-frequency trading maybe not all brokers allow to use this trading strategy, this is also needed fast connection speed and good quality trading server to run expert smoothly, choosing broker low spread also become a consideration for scalping traders, even possible get zero spread in some trading pair like EURUSD, AUDUSD, USDJPY, etc.
Member Since Aug 20, 2020   27 posts
Sep 30, 2022 at 08:16
The main reason that new traders prefer scalping is the fast profits that can be made in minutes. Most inexperienced traders are unaware of the risks and end up blowing their accounts.
Member Since Sep 02, 2022   75 posts
Sep 30, 2022 at 10:06
We have more and more trading passion but we don’t have more and learning passion. The more a trader learns, the more he can develop himself and arm himself with knowledge and different techniques
Member Since Feb 16, 2022   63 posts
Oct 01, 2022 at 11:51
Make it a habit of using TP and SL on your every trades. Forex is a highly volatile market, which can crash your capital in the glimpse of an eye.
Member Since Sep 06, 2022   26 posts
Oct 04, 2022 at 11:07
Scalping is only profitable to those who have deep knowledge of the market. It entails initiating a position, gaining some pips, and then closing the position quickly. It is a very popular trading method among new and experienced traders.
Member Since Jun 26, 2020   327 posts
Oct 06, 2022 at 05:03
scalping is really a risky projct but there is a chance to bring profit by scalping if you know how to manage money.
Member Since Sep 13, 2022   8 posts
Oct 10, 2022 at 09:31
I have also seen many new traders who only want to make quick profits and get into scalping without a proper trading plan or strategy. A scalper needs to have professional level skills in order to make profits and a beginner should spend more time learning and backtesting their strategy instead of chasing profits without an actual plan to follow.
Suradi (FXOday)
Member Since Apr 03, 2021   470 posts
Oct 12, 2022 at 23:55
Scalping trading is a short-term trading strategy, in daily trading, we can make hundreds of trades and choose low-spread trading pairs like EURUSD, EURGBP, AUDUSD, and more. I am use FXOpen broker and sometimes spread get zero
Member Since May 31, 2021   56 posts
Oct 14, 2022 at 13:24
Scalping appears to be a simple trading strategy that can result in quick profits. However, I believe that being a scalper necessitates professional-level skills. However, this does not preclude a beginner from scalping. However, before they begin trading for real as scalpers in the forex market, they should focus more on learning and becoming skilled.
Member Since Sep 13, 2022   16 posts
Oct 18, 2022 at 10:39
Yes, I have seen the majority of new traders tell that they have opted for scalping. Scalping is not for everyone, in my opinion, based on my years of experience. This perilous technique requires a certain attitude. Scalpers must sit in front of their computers for the duration of the session and maintain strong focus. It is easy to become fatigued if you do not have the proper mindset and energy. When scalping a minor shift, such as five pips at a time, you cannot take your eye off the ball. There is no time to think, no time to overthink, and no time to wait for a pattern to emerge.
Member Since Jul 23, 2020   869 posts
Oct 22, 2022 at 10:48
Trading must not be confined to a specific standard and explore different approaches. A ground-up knowledge about the market is needed to operate trading in the right direction.
Member Since Feb 15, 2022   183 posts
Nov 04, 2022 at 10:40
If you can, try to trade in a group so things become easier for you. If you pass more and more time with the market, you can possibly build up a strong and positive mindset.
Member Since Feb 15, 2022   219 posts
Nov 06, 2022 at 12:15
You will find two types of traders on the market; one type is bold enough about trading and another type suffers from fear.
Member Since Oct 27, 2022   27 posts
Nov 14, 2022 at 10:12
Scalping is popular among new traders because it allows them to make quick money. The biggest mistake they make is trading without first understanding and analyzing the market.
Suradi (FXOday)
Member Since Apr 03, 2021   470 posts
Nov 16, 2022 at 22:40
Scalping is short-term trading that needs high concentration mainly when working manual trading. Using a small timeframe like M5 or even M1 timeframe to catch small pips target in short-term trading. However not all traders are suitable for using scalping trading, choosing low spread broker becomes a big issue for scalpers due to traders getting more advantages when choosing low spread broker and pair to trade.
Member Since Nov 15, 2022   24 posts
Nov 21, 2022 at 11:52
New traders love scalping because they want to earn money quickly.
Member Since Feb 15, 2022   219 posts
Nov 27, 2022 at 13:06
A regulated broker allows traders with numerous trading advantages that ultimately increase traders’ return. There are several brokers on the market so you should select one of those with a very caution.
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