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scalping is risky ?
Členem od Aug 27, 2017
875 příspěvků
Aug 12, 2018 at 05:53
DFisher posted:
You are right, there is nothing like guarantee in Forex; that’s the true fact! This is why, pro traders use SL & trailing stop regularly.
I think trading is not just about profits it is about how much didn't lose.
Thanks mate! Yes, it is! Even, I am more sincere on the SL rather than my TP.
keeping patience.......
Členem od Aug 11, 2017
870 příspěvků
Sep 02, 2018 at 08:34
I have seen according to my trading experience despite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So we the traders who are particularly scalpers always have to be more careful when choosing a broker. Scalping will be successful when you could make sure lowest trading spreads which is very supportive to make profit with certainly by scalping that brings profit in a short time.
Členem od Sep 03, 2018
20 příspěvků
Sep 03, 2018 at 07:03
Scalper is indeed popular, the effective strategy one, it's more of arbitrageur than speculator. But it'll be too risky if one does not have sound knowledge about it, or without proper concentration or do not use SL. Earn knowledge and risk management first to earn the fitting strategy. All the best!
Členem od Aug 30, 2018
24 příspěvků
Sep 04, 2018 at 06:53
I only do scalping when I see the good timing, its part of the tool kit not just sticking to one thing.
Forex is only for people who want to all risk.
scalping or not, there are always risks.
Forex is only for people who want to all risk.
scalping or not, there are always risks.
Pips are absolute aphrodisiac, so trade with your brain not your lust. Forex will always be the same.
Členem od Sep 05, 2018
6 příspěvků
Sep 05, 2018 at 07:44
Adribaasmet posted:Indeed. There's no guarantee in forex or in life. That is what makes the scope for both profits and loss so wide in trading. That is why it is better to be forearmed with good strategies, knowledge, skills and risk management tricks before you start tradingtogr posted:
Trading Forex as it is is risky.
Be it failure of strategy or of hardware or your greed ot broker.
Anything you deposit can be lost.
It is worth it it do your homework this time.
You are right, there is nothing like guarantee in Forex; that’s the true fact! This is why, pro traders use SL & trailing stop regularly.
Členem od Aug 27, 2017
875 příspěvků
Nov 27, 2018 at 07:26
MikkeyBells posted:Adribaasmet posted:Indeed. There's no guarantee in forex or in life. That is what makes the scope for both profits and loss so wide in trading. That is why it is better to be forearmed with good strategies, knowledge, skills and risk management tricks before you start tradingtogr posted:
Trading Forex as it is is risky.
Be it failure of strategy or of hardware or your greed ot broker.
Anything you deposit can be lost.
It is worth it it do your homework this time.
You are right, there is nothing like guarantee in Forex; that’s the true fact! This is why, pro traders use SL & trailing stop regularly.
Thanks mate! Yes, I agree on all of your parameters! Each & every points are crucial.
keeping patience.......
forex_trader_589624
Členem od Dec 10, 2018
5 příspěvků
Dec 12, 2018 at 07:44
I am a scalper. Only use it in M15 EUR/USD.
TP: 6 pips
SL: 15 pips.
TP: 6 pips
SL: 15 pips.
Členem od Dec 12, 2018
9 příspěvků
Dec 12, 2018 at 11:08
That means your win rate needs to be 70% just to break even (and that is with 0pip spread). Do you make any money using those values or just generate losses. I find it difficult to believe anyone can win with that risk: reward
forex_trader_589624
Členem od Dec 10, 2018
5 příspěvků
Dec 12, 2018 at 11:30
Pacifico posted:
That means your win rate needs to be 70% just to break even (and that is with 0pip spread). Do you make any money using those values or just generate losses. I find it difficult to believe anyone can win with that risk: reward
I only generate $ for my broker.
Členem od Feb 22, 2011
4573 příspěvků
Dec 13, 2018 at 07:32
mdundifx posted:
I am a scalper. Only use it in M15 EUR/USD.
TP: 6 pips
SL: 15 pips.
Where did you get these values? Did you try backtesing?
There is a tool to backtest even manual strategy.
forex_trader_589624
Členem od Dec 10, 2018
5 příspěvků
Dec 13, 2018 at 11:07
Where did you get these values? Did you try backtesing?
There is a tool to backtest even manual strategy.
Yes, I have done a lot of backtesting.
My strategy is only based on pullbacks.
I wait for the first pullback into EMA20 + engolf.
The target is very small (6 pips) and very accurate.
Best regards,
Členem od Nov 20, 2018
10 příspěvků
Dec 13, 2018 at 11:16
What do you mean by "There is a tool to backtest even manual strategy. "? I thought that MT4 could only backtest EAs? How would one backtest a manual strategy?
Členem od Feb 22, 2011
4573 příspěvků
Dec 13, 2018 at 15:31
PinguPeter posted:
What do you mean by "There is a tool to backtest even manual strategy. "? I thought that MT4 could only backtest EAs? How would one backtest a manual strategy?
there is special EA built for MT4 that allows to replay markets from past and you can trade manually as you do but much faster
Členem od Dec 10, 2018
6 příspěvků
Dec 14, 2018 at 08:30
every technica system you are using is risky, short term, long term.
scalping in short term is also risky. high risk high return, that is what keeps me on going everyday.
scalping in short term is also risky. high risk high return, that is what keeps me on going everyday.
Členem od Mar 10, 2018
10 příspěvků
Dec 16, 2018 at 09:37
I am doing 20-50 trades a day with a winrate beetween 70-80% taking only 1-3 pips with a stoploss at 2.5 pips and are doing fine rearly i have a loosing day mayby one a month and are making beetween 20-30 pips a day and the trades are more often 1 pip than 3 pips get in and out 1-3 minutes i use 3 min chart with EMA`S as dynamic supp/ress together with pivots and fibs...
Stay real
Členem od Apr 18, 2017
700 příspěvků
Dec 16, 2018 at 11:19
irinsexpert posted:
every technica system you are using is risky, short term, long term.
scalping in short term is also risky. high risk high return, that is what keeps me on going everyday.
That’s the point mate: good skilled traders don’t step back since they are confident. Without proper knowledge, everything is risky.
Členem od Sep 12, 2015
1933 příspěvků
Dec 16, 2018 at 12:43
Bindaytrader posted:
I am doing 20-50 trades a day with a winrate beetween 70-80% taking only 1-3 pips with a stoploss at 2.5 pips and are doing fine rearly i have a loosing day mayby one a month and are making beetween 20-30 pips a day and the trades are more often 1 pip than 3 pips get in and out 1-3 minutes i use 3 min chart with EMA`S as dynamic supp/ress together with pivots and fibs...
What about spread and commission costs ,why did you pick 3 pips as a max , 3.25 would be the right amount as a min.
"They mistook leverage with genius".
Členem od Aug 27, 2017
875 příspěvků
Dec 17, 2018 at 07:46
Bindaytrader posted:
I am doing 20-50 trades a day with a winrate beetween 70-80% taking only 1-3 pips with a stoploss at 2.5 pips and are doing fine rearly i have a loosing day mayby one a month and are making beetween 20-30 pips a day and the trades are more often 1 pip than 3 pips get in and out 1-3 minutes i use 3 min chart with EMA`S as dynamic supp/ress together with pivots and fibs...
Cool; do you have any specific target on trading session; or you are randomly using all of the sessions?
keeping patience.......
Členem od Dec 16, 2018
1 příspěvků
Dec 17, 2018 at 07:47
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 loss if you don’t make sure lowest trading spreads. So for scalping, first of all, please make sure most comfortable trading spreads.
Členem od Sep 12, 2015
1933 příspěvků
Dec 18, 2018 at 23:59
Market structure for you guys scalping ,its HFT related.
https://www.amf-france.org/en_US/Publications/Lettres-et-cahiers/Risques-et-tendances/Archives?docId=workspace%3A%2F%2FSpacesStore%2F619a82db-11ea-4544-a03e-991b7af2864d
https://www.amf-france.org/en_US/Publications/Lettres-et-cahiers/Risques-et-tendances/Archives?docId=workspace%3A%2F%2FSpacesStore%2F619a82db-11ea-4544-a03e-991b7af2864d
"They mistook leverage with genius".
