scalping is risky ?

Sep 10, 2017 at 08:05
11,972 Views
330 Replies
Member Since Dec 18, 2019   31 posts
May 13, 2020 at 15:31
it is risky because you have to make faster thinking and better emotion control

other than that every timeframe should be traded the same way

(oh and yeah be ware of spikes during scalping)
Member Since Apr 01, 2020   231 posts
Jul 23, 2020 at 00:31
Scalping in the forex market is too risky in the forex market because the more the forex market trader place trade in the forex market the more they expose their account to risk in the forex market
Member Since Feb 07, 2020   41 posts
Jul 23, 2020 at 09:58
Scalping, in my opinion, is more beneficial for day traders as it involves buying or selling a currency pair and then hold it for a short period of time. Day traders get a good amount of scalping, regular traders must go on with simple strategies to get most out of a trade.
Member Since Mar 21, 2019   11 posts
Jul 23, 2020 at 10:04
ethan_65 posted:
Scalping, in my opinion, is more beneficial for day traders as it involves buying or selling a currency pair and then hold it for a short period of time. Day traders get a good amount of scalping, regular traders must go on with simple strategies to get most out of a trade.

How do you deal with brokers though? Don't they prevent scaling?
Member Since Feb 19, 2020   19 posts
Jul 23, 2020 at 11:57
After I tried scalping, I finally realized that my nerves are too unstable 😱
Member Since Jul 20, 2020   298 posts
Jul 23, 2020 at 17:52
New traders have some problems they want to earn a lot of money in a short time
Member Since Dec 05, 2018   7 posts
Jul 24, 2020 at 09:18
LeviSievwright5 posted:
New traders have some problems they want to earn a lot of money in a short time
I think, that scalping EAs was developed exactly for them 😄
Member Since Jun 30, 2020   2 posts
Jul 25, 2020 at 12:07
If you do not know what you are doing, sure, scalping is risky. But isn't all trading scalping? Think about it. Staying in the market hoping for it to give you all there is, is just plain simple madness. With the right strategy, you can scalp on any time frame for a day, week, or even months. The secret is in knowing when the market is going to take a break on that time frame, or even reverse.

i prefer to scalp on a daily, in and out within a few hours. anything less than that should be left to the robots, and those who want to cause themselves health issues.

Here is an example of some of the scalp trades I take. Knowing within a few (usually less 10) pips where the market turning point is. Does it work all the time, no. Does it work most of the time, YES!
When I get Stuck, Back to Basics.
Member Since Feb 24, 2020   10 posts
Jul 29, 2020 at 12:41
Scalping is risky trading
Member Since Apr 15, 2020   83 posts
Aug 01, 2020 at 04:17
Many people mistakenly think that scalping is very easy and nothing needs to be done, which is why sometimes they get disappointed.
Member Since Feb 24, 2020   5 posts
Aug 03, 2020 at 10:04
I have been trading using scalping for some time, so I can say that this is a very profitable strategy. But at the same time, there are great risks for losing your account. You have to decide for yourself how much you are willing to earn. and how much to lose. If the position went negative, determine the bottom, and decide whether to close the position or not. Good luck to everyone.
Member Since Mar 18, 2019   98 posts
Aug 03, 2020 at 11:58
well said but also risk management is very important when scalping- keep lot sizes to an absolute minimum and be careful with leverage.
Member Since Jul 19, 2020   751 posts
Aug 03, 2020 at 15:14
Admoni posted:
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.
For newbie scalping is harmful. It spoils the mind set. It's because of scalping new traders do over trading a lot. Scalping makes a newbie restless. To me a newbie should start with day trading.
Member Since Feb 26, 2014   15 posts
Aug 03, 2020 at 15:53
Scalping is mentally challenging but you can get very consistent results when you are good at it.
Member Since Oct 01, 2013   16 posts
Aug 03, 2020 at 16:48
Scalping does not work. Brokers fight scalpers and do not allow it.
You might make some money at the beginning but then you will loose.
Member Since Jul 20, 2020   298 posts
Aug 03, 2020 at 17:09
Scalping can make a lot of money. However, its existence does not last long. If you do scalping, you will have to face loss one day and that loss will be a lot. Which will hurt your emotions and as a result you may lose your trading money by going for more scalping. You have to trade by maintaining the strategy. You will never lose if you do long term trading with market analysis.
Member Since Jun 21, 2020   59 posts
Aug 03, 2020 at 18:04
Scalping is actually my best way of making profits consistently, But due to I have mastered tge techniques, it look so easy each time I'm doing.

If you must scalp and want to be a successful scalper, make sure you have the mindset to take manageable loss when they market is against you, in other words, trade with no emotion, This is the techque I employed to be among the successful Scalpers. I scalp a lot each day and take loss when too small and always make sure the sum of my winning trade greatly exceed the sum of my losing trades, now that is how you scalp.

My scale is like 1/8 when scalping, do that successful two to three times, you will always end up winning daily, but to achieve this, you must always wait for the right time to enter trades.
NO EMOTION DURING TRADING.
Member Since Jun 21, 2020   59 posts
Aug 05, 2020 at 12:08
Robert647373 posted:
Scalping is a profitable and at the same time unprofitable type of forex trading. It will take up all of your time, but under favorable conditions, you can earn every day.
I disagreed with this, I have been scalping for more than a decade and very good at it, if you want to be a good scalper, take manageable loss when needed and don't you ever bring Emotional to scalping or trading. I do almost daily more than 100 trades, I might loss few in it with very low reds and Big Greens in others.
Winning always exceed losing trades in my scalping way.
NO EMOTION DURING TRADING.
Member Since Jul 19, 2020   298 posts
Aug 07, 2020 at 12:13
Scalping is profitable oy if you know how to do it. But most people lose money by doing scalping. Be be honest all type of trading is risky if you don't know how to trade. Find out what works for you. If long term trading is working for go for it and vice versa.
Member Since Mar 03, 2020   7 posts
Aug 11, 2020 at 11:26
Scalping trading strategy can bring a good income today, tomorrow, but in the future it can take away your money, when you relax and think that you already know everything about scalping trading, it's another matter long deals, they often bring a stable income.
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