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Scalping is good
Dec 06, 2020 at 08:09
Member Since Jul 19, 2020
751 posts
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
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Feb 24, 2021 at 05:37
Member Since Jun 23, 2020
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pearlstephens posted:But I think a person learns more while practically applying it, provided he knows something about it. You may face losses initially but you’ll learn scalping this way better. I did scalp trading just a few times through Turnkeyforex and Avatrade. I learned a lot in this process.
I think beginners should avoid scalp trading in the starting because they have less or no experience of the trading market and they can face loss very easily.
Feb 24, 2021 at 14:49
Member Since Feb 07, 2015
25 posts
BarronLucas posted:Depends on how good you are at either, they'd both be considered strategies.
Can a beginner trader profit from scalping? And is it safer than day trading?
Some people thrive on scalping, others day trading - try them, find strategies and practice.
Sam.peters@
Member Since Jan 22, 2021
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Mar 02, 2021 at 16:01
Member Since Jan 22, 2021
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New to trading and you are thinking of scalping? I would suggest you to think twice before doing that, because scalping is very difficult to the point where even some experienced forex brokers do not recommend them. You can try scalping in demo trading and see if you are confident to try that out in real account.
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Mar 24, 2021 at 08:17
Member Since Dec 28, 2020
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UweMoench posted:I believe scalping strategy is a great technique for beginners to apply. It involves opening a position, gaining some pips and then closing the position shortly afterwards. It's also one of the easiest to master.
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.

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