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scalping is risky ?
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Madjarrah

Member Since Nov 14, 2016  13 posts Madjarrah 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

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 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.

Mohammadi

Member Since Aug 11, 2017  553 posts Mohammadi 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

Talp

Member Since Aug 26, 2016  1 posts Talp Sep 24 2017 at 06:36
Haha Stop Loss Scalper! good one!

AniLorak

Member Since Apr 18, 2017  701 posts AniLorak 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.

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 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.

AmDiab

Member Since Apr 18, 2017  538 posts AmDiab 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.

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Dec 06 2017 at 16:52
Don't most of these scalpers use robots? The ones also using SL, that is.

snapdragon1970

Member Since Sep 12, 2015  1943 posts kieran (snapdragon1970) 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

Member Since Sep 17, 2015  125 posts FXPIP ONE (apple1st) 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

www.FXPIP.one
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