scalping is risky ?

Sep 10, 2017 at 08:05
12,026 Views
330 Replies
Member Since Aug 09, 2017   95 posts
Sep 10, 2017 at 08:05
I have seen according to my trading experience the newcomers always looking for scalping strategy that brings profit in a short time than others techniques , but scalping sometimes causes a great losses if you don’t make sure lowest trading spreads. So for scalping first of all please make sure most comfortable trading spreads.
Member Since Dec 11, 2015   1487 posts
Sep 10, 2017 at 11:28
All trading is risky if you don't know what you are doing. Scalping is no different than that.
Member Since Apr 18, 2017   718 posts
Sep 11, 2017 at 13:59
If you are trading here without enough trading knowledge, then it’s risky for you! But scalping is the most popular trading strategy here, I do scalping with a fixed SL and TP level!
Member Since Apr 18, 2017   920 posts
Sep 11, 2017 at 14:04
Yes, the trading spread is a very important facility for the scalpers! But, without proper knowledge, scalping trading is too much risky as like others trading styles!
Member Since Nov 23, 2016   1 posts
Sep 12, 2017 at 06:56
yes, scalping has more risky than long-term trades. Cos it gets a lot of whispers from market that not influence the real trend.
x
Member Since Feb 12, 2016   522 posts
Sep 13, 2017 at 12:28
My 5 cents :)

* Spread - good to be tight, but this is not so important as execution. With other words even if you have narrow spread, but execution is bad and always with slippage, then the spread you see does not worth nothing!
* Scalping - is not more risky than long term trading, just requires proper mental attitude. The trades are lasting seconds, or minutes, but in the EOD you do not have open positions and you do not have market risk transferring overnight (what about major news came out, earthquake in zone of the currencies traded, flooding, unusual events came out ... etc.) :)
Member Since Sep 12, 2017   9 posts
Sep 13, 2017 at 13:53
Hi all,
Yes, scalping is risky at times when you are a beginner and you do not have an idea of execution time of the trade. As the market prices and spreads fluctuates with micro second count of time so, it’s better to gain experience on long term trading and test all the market conditions before moving to the scalping style of trading.
Member Since Feb 12, 2016   427 posts
Sep 13, 2017 at 14:50
Scalping is part of trading so of course it is risky. However it is not for everybody. The newly beginner traders have no patience for a profiting start. Mainly because they know from their friends that it is easy to trade, because they have seen some commercials, because they have read in some forums that trading gets you fast and easy money and 100 more wrong statements. Then they read just one or two definitions for scalping and start directly with live account. BOOM! 1-2 weeks and the money are gone. After that beginners mainly do one of these 3 things: 1. start to learn more about trading; 2. completely terminate trading as part of their life; 3. continue to trade the same way until they loose almost all of their bank account. So please to all - SCALPING is not that easy as it looks!!!
Accept the loss as experience
Member Since Apr 21, 2017   1 posts
Sep 14, 2017 at 06:22
Patrick1981 posted:
yeah but you need a massive stop loss with long term trading

Not neccesarily
Speculative behaviouristics
Member Since Nov 14, 2016   13 posts
Sep 22, 2017 at 07:14
I might say that in order to become a successful scalping trader, it takes to be more sophisticated and cold-blooded than usually. Sober control over yourself and no spontaneous chances to win, only constantly stressed strategy would go through. It is also easy to become a successful stop loss scalper
Member Since Dec 11, 2015   1487 posts
Sep 23, 2017 at 14:06
I completely agree. I am a pretty emotional trader, unfortunately, so I am not very good at scalping, though I am learning.
Member Since Aug 11, 2017   886 posts
Sep 24, 2017 at 06:26
From all trading strategies scalping is really profitable that brings profit in a short time. But I have seen according to my trading experience in spite of a profitable trading policy scalping cannot use in a regulated trading broker due to many restrictions
Member Since Aug 26, 2016   1 posts
Sep 24, 2017 at 06:36
Haha Stop Loss Scalper! good one!
Member Since Apr 18, 2017   920 posts
Sep 24, 2017 at 06:42
Madjarrah posted:
I might say that in order to become a successful scalping trader, it takes to be more sophisticated and cold-blooded than usually. Sober control over yourself and no spontaneous chances to win, only constantly stressed strategy would go through. It is also easy to become a successful stop loss scalper

You are right, scalping is challenging since SL and TP positions are too short! But, it’s true maximum retail traders are involved with scalping trading.
Member Since Dec 11, 2015   1487 posts
Sep 25, 2017 at 12:52
Not to mention that sometimes scalping has to be done so quickly that there's no time for setting up a SL and TP level and one has to do it all manually.
Member Since Apr 18, 2017   718 posts
Nov 29, 2017 at 21:00
smogser posted:
Patrick1981 posted:
yeah but you need a massive stop loss with long term trading

Not neccesarily
I think, tight SL for long time trading is not common thing! But, many traders use tight SL for scalping trading only.
Member Since Dec 11, 2015   1487 posts
Dec 06, 2017 at 16:52
Don't most of these scalpers use robots? The ones also using SL, that is.
Member Since Sep 12, 2015   1948 posts
Dec 07, 2017 at 00:51
Make sure your broker allows it and you have fast connection with no glitches, you don't get much time to set stops or limits that comes with practice,it might be just one or two bars on smallest time frame.
"They mistook leverage with genius".
apple1st
forex_trader_275100
Member Since Sep 17, 2015   126 posts
Dec 07, 2017 at 07:59
For Scalping need Good Moneymanager Calculation - RISKs
Also need Good Signal and System + STOP LOSS
than it will be safe
And do not play 24 h all day and all Night... Best way to use scalping is [before / at / after] Strong News using Fundamental + Elliot+ Fibo Levels

Good Luck
Member Since Aug 09, 2017   785 posts
Mar 08, 2018 at 11:51
Right now I am not with scalping, it gave me more pips when as a newcomer but also causes lose due to scalping. Actually scalping is a trading technique which cannot bring profit for all time , it can occurs short term profit very sometimes.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.