For individuals with day jobs and other activities, scalping is not necessarily an ideal strategy. Instead, longer-term trades with bigger profit targets are more suited. Scalping is a difficult strategy to execute successfully. One of the primary reasons is that it requires many trades over the course of time.
My friends very often use scalping to achieve high performance in a short time and often it really helps. But this same approach can also lead to a major loss. I just don't think it's for everyone. Probably worth a test first to get a full opinion based on facts and your own statistics.
I think this strategy is as dangerous as the other strategies. It is important here how well you understand and know what you are doing. It is no secret that even the most proven strategy can cause a major loss if you do not fully understand something or miss some nuance. Good luck!!!
Scalping has a high dynamics and this may be the main difficulty in applying this strategy, but it seems to me that if you understand what you are doing, you will not have any special problems, the main thing is to take your time, because the rapid profits are always winging and it is important that you take your time and despite the activity of the approach, think about every step.
scalping is only risky if you don't know what youre doing, but I started scalping when I was a new trader and for me it worked, and I liked this style of trading, in fact Its one of my best ways to trade, and I get the results I want
My opinion scalping is obviously losing strategy. At first, it may seem that you are earning. But then you lose most of it. But this is my personal experience. Can someone tell me their successful experience?
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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