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New traders love scalping
Členem od Jun 05, 2020
4 příspěvků
Dec 23, 2020 at 19:33
Členem od Jun 05, 2020
4 příspěvků
Make sure to backtest first before scalping
Členem od Apr 15, 2020
219 příspěvků
Dec 24, 2020 at 04:57
Členem od Apr 15, 2020
219 příspěvků
Scalping is a pro technique. A newbie shouldn't risk its capital in scalping initially. A newbie is not aware of the market conditions neither he has any idea of the spreads so starting with scalping is definitely gona eat your capital. I suggest higher time frames and fundamental analysis for newbies.
The more your practice, the more you learn.
Členem od Jul 17, 2020
42 příspěvků
Dec 24, 2020 at 12:07
Členem od Jul 17, 2020
42 příspěvků
That is true, I was a day trader when I started off some years back with cmc markets. Thrice had to reinvest from a scratch because I brought my trading balance to 0. I became a scalper later and I don’t think my trading journey (in terms of profits earned) would have been any different if I would have started off with scalping. It’s time that eventually teaches the way the market behaves.
Členem od Jul 23, 2020
869 příspěvků
Dec 26, 2020 at 11:20
Členem od Jul 23, 2020
869 příspěvků
muhairil92 posted:Right. Also avoid volatile market during important news release or events.
Make sure to backtest first before scalping
Členem od Nov 05, 2020
54 příspěvků
Dec 26, 2020 at 12:41
Členem od Nov 05, 2020
54 příspěvků
Forex scalping strategy is not tied to an obligatory trend in the foreign exchange market
Členem od Jul 20, 2020
298 příspěvků
Dec 27, 2020 at 02:22
Členem od Jul 20, 2020
298 příspěvků
It is never possible to be a successful trader by trading without gaining experience. Whether you do scalping or long time trading, you must gain trading experience.
Členem od Oct 27, 2020
21 příspěvků
Jan 19, 2021 at 08:58
Členem od Oct 27, 2020
21 příspěvků
Yes, scalping is great for short term profits but it is also a risky strategy. Most expert traders only make use of it.
Členem od Sep 15, 2020
20 příspěvků
Jan 19, 2021 at 12:28
Členem od Sep 15, 2020
20 příspěvků
Scalping is good but after hundred of trades, it can go wrong due to the law of large numbers.
And new traders often hold losing positions too long or too large.
They are willing to take 2-3 pips, but not willing to cut losses more than 10 pips and holds them till margin call.
And new traders often hold losing positions too long or too large.
They are willing to take 2-3 pips, but not willing to cut losses more than 10 pips and holds them till margin call.
Členem od Jan 11, 2019
147 příspěvků
Jan 19, 2021 at 12:39
Členem od Jan 11, 2019
147 příspěvků
I think scalping is good to earn small profits.
Členem od Jan 14, 2021
57 příspěvků
Jan 24, 2021 at 16:18
Členem od Jan 14, 2021
57 příspěvků
Beginners prefer scalping because it is one of the shortest ways to earn profit in trading and some beginners enter into trading for some quick cash where other beginners use scalping for a live trading experience.
Členem od Oct 20, 2018
300 příspěvků
Jan 26, 2021 at 20:49
Členem od Oct 20, 2018
300 příspěvků
UweMoench posted:It`s even the worst idea. It can look simple but it`s absolutely not. The scalping must be the last think to do for newbies.
New traders love scalping as it gives quick profit. And this makes them addicted to trading. But I think starting with scalping is a bad idea. Everyone should start with higher timeframe. After some experience scalping can be done.
momchil_slavov@
Členem od Sep 12, 2017
238 příspěvků
Jan 27, 2021 at 04:15
Členem od Sep 12, 2017
238 příspěvků
ya and i believe thats good.. you book small profit or even if losses those small losses can be recovered. so it can be a good strategy
Členem od Apr 15, 2020
219 příspěvků
Jan 27, 2021 at 06:54
Členem od Apr 15, 2020
219 příspěvků
momo3HC posted:Finally a sound answer. ... its exactly true... scalping and newbies is a perfect example of trading disaster.UweMoench posted:It`s even the worst idea. It can look simple but it`s absolutely not. The scalping must be the last think to do for newbies.
New traders love scalping as it gives quick profit. And this makes them addicted to trading. But I think starting with scalping is a bad idea. Everyone should start with higher timeframe. After some experience scalping can be done.
The more your practice, the more you learn.
Členem od Jan 13, 2021
29 příspěvků
Jan 27, 2021 at 19:59
Členem od Jan 13, 2021
29 příspěvků
Yes I agree I do see a lot of people scalping
Členem od Dec 28, 2020
25 příspěvků
Feb 02, 2021 at 14:56
Členem od Dec 28, 2020
25 příspěvků
With scalping should be enough spa, you first need to learn its nuances to start trading.
Členem od Apr 25, 2020
5 příspěvků
Feb 02, 2021 at 18:44
Členem od Apr 25, 2020
5 příspěvků
Bradley88 posted:Be careful with brokers that offer zero pip spreads. They are in business to make money. If they cannot make it in the spread then you can guarantee they are making it somewhere else. Unfortunately, the way they usually do this is by taking the other side of your trades. They know that statistically 80% to 90% of new traders lose most or all their trading capital within the first 90 days.
I prefer scalping because it's profitable for all kind of traders and requires only a well-executed strategy. Currently, I'm looking for a suitable broker that offers spread averaging at 0.0pips and faster execution.
If you could run a business where you knew that you could take most or all of someones capital within 3 months simply by winning when they are losing (that's what happens when you lose on a trade and the broker is on the other side of that trade), would that not be a no-brainer? The fact that it is unethical and unfair does not even register with most of these brokers.
Therefore, I would recommend that you stay away from brokers that offer zero pip spreads due to the conflict of interest this situation entails. They will try to hide the fact that they so this by various means (setting up an intermediary company, for example) or simply mislead you with a claim of offering STP (Straight Through Processing) without clarifying that they also have a 'Dealing Desk' (which they use to 'facilitate liquidity' - broker speak for winning when you lose).
There's a lot of sharks out there, be careful that you don't get eaten.
Happy Trading!
Start with EQUITY MANAGEMENT
Členem od Jul 23, 2020
759 příspěvků
Feb 03, 2021 at 07:44
Členem od Jul 23, 2020
759 příspěvků
LeonRocky3 posted:New traders often prefer to trade with this kind of strategy. But I don’t think it is suitable for them.
Yes I agree I do see a lot of people scalping
Členem od Aug 09, 2017
785 příspěvků
Feb 03, 2021 at 08:51
Členem od Aug 09, 2017
785 příspěvků
scalping iis a trading approach that brings profit in a short time , generally we the beginners always try to depend on scalping. but sometimes it causes a GREAT risk.
Členem od Jan 14, 2021
57 příspěvků
Feb 03, 2021 at 11:48
Členem od Jan 14, 2021
57 příspěvků
Is it safe for beginners to enter into trading with lower capital investments?
Členem od Aug 27, 2017
994 příspěvků
Feb 04, 2021 at 13:20
Členem od Aug 27, 2017
994 příspěvků
sometimes scalping causes huge trouble but overall its really good and comfortable for the traders who above have low amounts.
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