scalping is risky ?

Sometimes I got maximal result by using EA but I never depend on this. I always try to depend on my trading knowledge that I have acquired by passing a long time with great patience.

Yes, the trading spread is a very important facility for the scalpers!

thinkpad954 posted:
Yes, the trading spread is a very important facility for the scalpers!

Even for the long term traders! Swing trading is my most favorite trading style but till now I measure the trading spread feature so carefully when I am going to use any trading pair.

Long term trading is also risky due to the risk of fundamental movements that can make trader's analysis is useless and leads to losses. So, the basic question is 'is forex trading risky?'

DonaldB posted:
Long term trading is also risky due to the risk of fundamental movements that can make trader's analysis is useless and leads to losses. So, the basic question is 'is forex trading risky?'

Agree with you! And, in a word the answer will be: Forex is risky if you try to make money here without proper knowledge.

Scalping is a trading policy that brings profit in a short time. That’s why from my first day of trading I have been using this profitable trading policy due to getting profit instantly. But in spite of a profitable trading approach this cannot use in a regulated trading broker due to many restrictions.

The fact that brokers do not allow scalping surely mean that it is profitable. Do ECN broker allow scalping? If so that would be great. I am not expert at scalping but I have always been interested in it

Each the trader has a choice of the broker to be used, should the trader can choose a broker that is more appropriate to the concept of trading that will be sued, if you love scalping , should choose the broker which allows trading concept such as this.

I don't think that any broker allow scalping. Most forbid such practice (because it is profitable and they do not want their money taken). If you know of broker that allow scalping please let me know

All Forex trading is risky, whatever style you trade you must implement a sound trading plan with good risk management.

Ultimately it will come down to your own preference and how risk averse you are, and what will suit your personality

There are successful traders out there using all time frames and strategies, but risk is inevitable, and you decide what you are comfortable risking.

 Its your money at the end of the day nobody elses!

Even a spread of 1 pip denies scalping regarded as a short term trading with a duration less than an hour. It is risky without proper knowledge.

I have trading plan and risk 2% but still steadily make loss after loss. It feels very unfair. I have read everything online and tried many strategy but none seem to work for me

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.

when started trading last year i leaned towards scalping mainly because i was impatient and wanted quick in and out trades, i ended up failing, main reason i didnt have enough experience but also because my risk reward ratio was so out of proportion, i could win 5 trades in a row but then loose 1 and wipe out all the previous profit!
this time i need a new approach.

REB_FX posted:
All Forex trading is risky, whatever style you trade you must implement a sound trading plan with good risk management.

Ultimately it will come down to your own preference and how risk averse you are, and what will suit your personality

There are successful traders out there using all time frames and strategies, but risk is inevitable, and you decide what you are comfortable risking.

 Its your money at the end of the day nobody elses!

I agree, though one of the main Forex rules is cut your losses soon and keep profits growth, which is contrary to scalping when you cut your profits soon and let losses grow.

I am in same situation. I wonder if trading really can be profitable. It seems like no body really make any money and price movement is just random with no pattern

In addition to cutting losses early it is important to recognize when to trade and when not. Generally, one is not making any profits if the prices are not moving. The higher the spread is the larger the move should be. Scalping is not about cutting profits. It is about short term trading and closing the trade immediately at the moment the momentum reverses. Spread should be as low as possible, so a retail trader really does not have an opportunity to scalp trade. I think scalper is working in lesser time frame than 5 min.

Personally, I cannot afford trading what I regard as scalping. I can only afford trading with a broker, which has spreads between 1 - 1.5 pips.

Short term trading is profitable, but it requires time - a lot of time, and a definite skill set, too.

Muscat posted:
I am in same situation. I wonder if trading really can be profitable. It seems like no body really make any money and price movement is just random with no pattern

Trading can certainly be profitable, but it is not easy, and it takes experience and time to be consistent. I tried scalping but it wasn't for me and found my comfort zone on the 4hr charts mainly.

Markets are unpredictable and there is never a guarantee a trade will go how you planned, but there are certainly patterns and chart areas that can be identified for higher probability trades.

You must find a trading edge in whatever style you trade to be profitable.
 

Muscat posted:
I am in same situation. I wonder if trading really can be profitable. It seems like no body really make any money and price movement is just random with no pattern

yes specially on smaller time frames.(looking worse)

The sad reality is if you invest, then you are taking the biggest risk of them all. Why do you think that the market sends that nasty candle on the 1m chart once the swap is calculated? We have members who post post post and their trades don´t reflect what they are saying.