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Scalping and trading strategy
Apr 25, 2020 at 19:48
Member Since Aug 09, 2017
598 posts
In order to me, Price Action trading strategy doesn’t mean only pattern based trading, like sometimes I need to go with pre-breakout trading setup although pin bar trading setup is available there! So, I prefer PA trading for only manual trading! Yes, which traders have advance PA knowledge, they can earn handsome money here because it’s all about market flow!
Member Since Apr 29, 2020
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Aug 16, 2020 at 14:32
Member Since Jul 23, 2020
696 posts
Scalping is one of the trading styles in the FX market, which is becoming more popular due to the artificial intelligence and automated trading systems. Today, many traders use scalping rather than day trading, swing trading, or position trading.
Member Since Jun 05, 2020
31 posts
Aug 17, 2020 at 06:27
Member Since Jun 05, 2020
31 posts
SofieAndreasen posted:
Scalping is one of the trading styles in the FX market, which is becoming more popular due to the artificial intelligence and automated trading systems. Today, many traders use scalping rather than day trading, swing trading, or position trading.
That's right! Many traders are using automated trading systems to scalp in forex market. However, I prefer to keep my trading manual.
Aug 17, 2020 at 09:34
Member Since Feb 07, 2020
40 posts
Scalping is a good trading strategy and can be adopted but only if you are interested in short term profits. It mostly suits for day traders. There are many other strategies for traders like risk management, hedging, etc. It is up to the trader which strategy he wants to adopt.
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Oct 27, 2020 at 15:19
Member Since Jul 23, 2020
696 posts
Idowu posted:
Scalping is also a good way to lose money at a faster rate. especially if you are a newbie
That’s true. However, scalping is most popular among new trader. They think that it is easy to adopt and give higher return than other trading strategy.
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Oct 31, 2020 at 17:29
Member Since Jul 23, 2020
816 posts
Andreerusell posted:
Scalping is good because of the consistency it offers in terms of profits. Although small, but the profits keep trickling in, even on days that see very little movement. Also the risk involved is comparatively less.
That's true. Especially new trader finds it most interesting. Risk, money, profit, loss everything involve in this strategy is small.
Member Since Aug 17, 2020
121 posts
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