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scalping is risky ?
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Member Since Dec 19, 2016 1 posts
pipsmaster1
Apr 05 2018 at 07:54
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. me either. I lost $500 for scalping |
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Member Since Mar 27, 2018 10 posts
Wingandprayer
Apr 06 2018 at 12:09
I would count yourself lucky some people lose thousands from scalping
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Member Since Mar 22, 2017 14 posts
Ronnie Best (TraderRon)
Apr 06 2018 at 12:10
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky.
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Member Since Dec 11, 2015 1487 posts
mlawson71
Apr 08 2018 at 06:11
TraderRon posted:
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky. Also, I know that some brokers directly ban scalping in their terms and conditions, so one should always check for that before singing up. |
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Member Since Mar 10, 2017 4 posts
Ooi Chean Keong (ocheank)
Apr 08 2018 at 06:16
TraderRon posted:
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky. I am using OANDA for scalping - avg spread is 1.4 pip. So far so good - probably my lot size is small. Protect Capital |
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Member Since Apr 18, 2017 538 posts
AmDiab
Apr 08 2018 at 06:39
Wingandprayer posted:
I would count yourself lucky some people lose thousands from scalping Listen, without proper trading knowledge no one can make money here, whatever trading style he is using that doesn’t mean much. |
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Member Since Mar 22, 2017 14 posts
Ronnie Best (TraderRon)
Apr 09 2018 at 09:59
ocheank posted:
TraderRon posted: Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky. I am using OANDA for scalping - avg spread is 1.4 pip. So far so good - probably my lot size is small. Looks good. Thanks or the info |
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Member Since Mar 22, 2017 14 posts
Ronnie Best (TraderRon)
Apr 09 2018 at 09:59
mlawson71 posted:
TraderRon posted: Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky. Also, I know that some brokers directly ban scalping in their terms and conditions, so one should always check for that before singing up. Sometimes, it can be. Each nice trader should inspect and learn as much as one can before using broker. |
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Member Since Apr 09, 2018 12 posts
Chachingggg
Apr 09 2018 at 10:06
How can you make any money scalping with 1.4 pip spread. That's a huge spread.
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Member Since Mar 10, 2017 4 posts
Ooi Chean Keong (ocheank)
Apr 09 2018 at 13:44
Chachingggg posted:
How can you make any money scalping with 1.4 pip spread. That's a huge spread. I think 1.4 pip spread is quite low among the brokers. I have tried few brokers and seem like OANDA is the lowest. Spread for ECN account might be lower than 1 pip, but they normally charge 1 pip for each open position. I follow Forex-made-E-Z strategy to scalp. I have traded my real account for few months before I started to make some profit. Protect Capital |
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