scalping is risky ?
pipsmaster1
Member Since Dec 19, 2016
1 posts
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
Wingandprayer
Member Since Mar 27, 2018
13 posts
Apr 06 2018 at 12:09
I would count yourself lucky some people lose thousands from scalping
Ronnie Best
(TraderRon)
Member Since Mar 22, 2017
14 posts
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.
mlawson71
Member Since Dec 11, 2015
1487 posts
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.
Ooi Chean Keong
(ocheank)
Member Since Mar 10, 2017
4 posts
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
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.
Ronnie Best
(TraderRon)
Member Since Mar 22, 2017
14 posts
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
Ronnie Best
(TraderRon)
Member Since Mar 22, 2017
14 posts
Apr 09 2018 at 09:59
mlawson71 posted:Sometimes, it can be. Each nice trader should inspect and learn as much as one can before using broker.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.
Chachingggg
Member Since Apr 09, 2018
12 posts
Apr 09 2018 at 10:06
How can you make any money scalping with 1.4 pip spread. That's a huge spread.