Scalping looks very tempting

UweMoench
UweMoench
Oct 10, 2020 at 12:20
488 Views
3 Replies
UweMoench
UweMoench
Member Since Jul 19, 2020   751 posts
Oct 10, 2020 at 12:20
Scalping looks very tempting. But scalping is good only if you are very skilled and knowledgeable. For newbie scalping is very dangerous. It makes them vulnerable to the market as in short time frame there is very much chaos.
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systemafx
systemafx
Member Since Dec 07, 2010   204 posts
Oct 10, 2020 at 13:09
when i trade in scalp mode i use peak and tight stop loss... very fast to move positions in break even and RiskReward need to be 1:2 al least
Follow the momentum
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Michihito
Michihito
Member Since Jul 19, 2020   298 posts
Oct 10, 2020 at 13:47
Yes it's true. Scalping is the reason newbie traders make the habit of over trading. As market is always moving it becomes difficult for them not to open trade. As a result they open too many unnecessary trades and lose money.
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forex_trader_1786937
Member Since Aug 23, 2020   142 posts
Oct 11, 2020 at 11:09
Scalping is very good if you master it, it earns me much of my profits.
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