lovefortrading
(perryjohn765)
Member Since Sep 12, 2017
238 posts
Mar 23 2021 at 06:11
it may vary depending on the individual. Scalping had been good for me since the beginning. Never had any such issues but yes it can be complex.
UweMoench posted:
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.
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.
winifredbass
Member Since Jan 01, 2021
20 posts
Mar 26 2021 at 05:08
Scalping is good for some professional traders who know the ins and outs of the market.
georgequayle
Member Since Feb 16, 2019
30 posts
Mar 26 2021 at 11:41
UweMoench posted:
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.
I think this is a good point
groundhogday
Member Since Mar 24, 2021
6 posts
Mar 26 2021 at 11:47
How do people deal with scalping? Most brokers do not allow scalping so what can you do. Are there good brokers that do allow it?
BarronLucas
Member Since Jul 08, 2020
31 posts
Mar 29 2021 at 14:28
Scalping is good if the person trading is aware of the risks and uses a reliable broker. I trade with FP Markets, an ASIC broker using their Raw ecn account because they have lower spreads and faster execution, which is an important factor in scalping.
friedjohan
Member Since Jul 27, 2020
17 posts
Apr 08 2021 at 05:32
It can be a bit risky for complete newbies who are not so familiar with how it works. It takes some time to understand the fundamentals of it properly.
scalping feels like guess work at the beginning. thats where newbies go wrong. sometimes forgetting the bigger picture and getting stuck in the m5 chart. 5 pips and out usually for me.
CraigMcG2020
Member Since Jul 20, 2020
306 posts
Apr 10 2021 at 12:14
Can be risky but it can be very profitable if you stick to a set criteria and rules. I love scalping but it also suits my personality as i like some action lol
LukeRachel
Member Since Mar 16, 2021
477 posts
Apr 10 2021 at 17:52
Scalping is good but I don't like scalping. Because my loss is more when scalping. The reason is emotion. It is impossible to gain profit from that trade if there is emotion.
martyandrews
Member Since Apr 13, 2021
12 posts
Apr 16 2021 at 11:01
It does take some time to control emotions but it is not impossible to do so, in my experience.
'Scalping is good only if you know the risks and have suitable strategy and skills to control the loss and profits in a trade.
Since scalping is tricky, it's better to trade with reliable brokers like FP Markets or CMC Markets with good trading conditions. '
Since scalping is tricky, it's better to trade with reliable brokers like FP Markets or CMC Markets with good trading conditions. '
Tradelist45
Member Since Jun 26, 2020
226 posts
Apr 17 2021 at 07:26
right now i am doing scalping but the main problem is most of the time this short time trading approach contains huge risk , so i fall great trouble sometimes.
Tradelist45 posted:
right now i am doing scalping but the main problem is most of the time this short time trading approach contains huge risk , so i fall great trouble sometimes.
This is the most profitable techniques if you have enough knowledge about it.
Is scalping suitable for beginner traders because most traders say it is risky and earning consistent profit is impossible?
There is an opinion that scalping is mostly suitable for beginners, but not everything is as easy as it seems at first glance.
FredJones posted:
Is scalping suitable for beginner traders because most traders say it is risky and earning consistent profit is impossible?
Scalping involves quick decision making and continuous monitoring of positions and that's why it is not recommended for rookie traders.
Manta Technology
(MantaForex)
Member Since Oct 29, 2020
3 posts
Sep 17 2021 at 08:23
jakes90 posted:FredJones posted:
Is scalping suitable for beginner traders because most traders say it is risky and earning consistent profit is impossible?
Scalping involves quick decision making and continuous monitoring of positions and that's why it is not recommended for rookie traders.
People made Algo's for this ya know
In the 1940s, economics started getting highly mathematical. It was basically because economists weren't smart enough to write down models of real behavior that they started writing down models of highly rational behavior - and they kind of forgot