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.
Scalping is only really an option if you have super low spreads and commissions
For making profit with great consistency we the traders have to depend on our trading strategies that we select according to our trading experience , in my trading career I always like to trade in long term trading style , but sometimes I use scalping approach due to getting profit very rapidly.
GreenMo posted:
Scalping is only really an option if you have super low spreads and commissions
... just to add also fast and appropriate order fills / execution :)
Mar 21 2018 at 07:39
GreenMo posted:
Scalping is only really an option if you have super low spreads and commissions
Yes, it’s important but trading strategy is the key here! Without a good trading system you can’t expect here such a consistent result.
Even with low spreads scalping is risky. Over short timefames the price movement is very erratic
Price action is the same on small and on larger time frames/charts and scalping is more or less depending from mentality and personality of the trader and it is strongly individual approach. I would not say that scalping is more risky then long term trades :)
Mar 22 2018 at 08:16
Trading is always risky, especially when you don't know what you are doing. There are plenty of successful scalpers out there, but also a lot of people fail. It depends on the person.
Scalping is really profitable for all kinds of traders in particularly the traders who are newcomers. But in spite of a profitable trading policy scalping don’t allow by and large trading brokers in their trading platforms, so, we the traders who are particularly scalpers have to be careful when choosing a broker.
Mar 30 2018 at 19:30
Scalping requires iron discipline, nerves of steel and quick reflexes I am not sure I agree with the idea that it's a suitable strategy for newcomers.
