Chcete-li používat chat, přihlaste se.
Zpět na Kontakty

What is fast forex scalping?

Darrensmith
Mar 08 at 04:17
37 příspěvků
williamhayes posted:
What I believe is that every strategy requires some hard work and practice. No one is born an expert isn’t it.

Yes but some strategies require a certain skill and they might not work so well for a beginner. Like scalping for instance, it requires a trader to have a very good idea about the entry and exit.

Roberto21
Mar 08 at 08:31
364 příspěvků
The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.

Imamul
Mar 08 at 08:50
624 příspěvků
even though scalping sometimes bring profit with very short time but
 it can fall you in a dangerous situation, so be careful when time to scalp.

antonyhollinwooe
Mar 08 at 11:55
34 příspěvků
Scalping does take some time and effort to perfect a strategy and not all traders are willing to put in so much effort at first.

Ericdier752
Mar 09 at 07:19
59 příspěvků
Roberto21 posted:
The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.

From what I have learnt till now in my journey, I believe even 2-3% can amount to a lot of loss, isn’t it better to limit the risk to 1%?


Ericdier752
Mar 09 at 07:19
59 příspěvků
Imamul posted:
even though scalping sometimes bring profit with very short time but
 it can fall you in a dangerous situation, so be careful when time to scalp.

I completely agree with you, that’s why I think highly active times are the best time to trade, and that too just the major currencies. What currencies are you trading?


salamibrish
Mar 09 at 10:34
28 příspěvků
Darrensmith posted:
williamhayes posted:
What I believe is that every strategy requires some hard work and practice. No one is born an expert isn’t it.

Yes but some strategies require a certain skill and they might not work so well for a beginner. Like scalping for instance, it requires a trader to have a very good idea about the entry and exit.

No doubt having an exit strategy is so important. Who’d deny one large loss can nullify the small gains, which a trader worked hard to put in the bank.

Mikehussey
Mar 10 at 05:44
58 příspěvků
That’s where the tools come into play to save the day. Live feed, direct access to the broker and aptitude to place loads of trades are requisites to trade successfully.

Roberto21
Mar 10 at 08:14
364 příspěvků
Due to small balance I always have to depend on scalping that brings profit in a short time. But it causes a great loss sometimes, because within short it’s really difficult to predict the market with certainly. So I think long term trading is too much safe and sounds.

Sar John (Sarjohn)
Mar 10 at 08:21
187 příspěvků
Ericdier752 posted:
Sarjohn posted:
Scalping is itself a way of taking profits from small price change. not sure if there is something like fast forex scalping. Use the smallest time frame and high leverage for scalping.

What’s the strategy you use? If you don’t mind sharing that is

I use Moving average and RSI strategy. And what strategy do you use?


Pokud chcete komentovat, přihlaste se .