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.
Dec 07 2020 at 07:49
Quick profits is something that fascinates new traders and so they rely on scalping for it. No matter how easy and fast the profits are, there is still some risk with it.
Dec 07 2020 at 10:43
not only the new traders, but the experienced traders also like scalping. i personally like it as i dont have to wait for long to see the net profit and loss
Yes new traders loves scalping. As online market moves 24/5, it is difficult for newbies to prevent the temptation. But for newbies scalping is not ideal. It leads them to over trading habit.
Dec 07 2020 at 11:47
I have been seeing this trends, I hope they are aware that it is not easy as seen on paper. It is very risky and can easily wipe your account if you do not pay attention to the volatility in timeframes.
Scalping is my favorite trading style too, Currently i am liking fxview’s conditions and spreads of IC are also quite good for scalping. What broker do you use for scalping?
But this is a really profitable, quality approach, especially if you're good at it.
Yes, it is risky.
But many people really use it quite successfully.
And in general, difficulties happen in any strategy.
The main thing is to keep in mind the risks.
But many people really use it quite successfully.
And in general, difficulties happen in any strategy.
The main thing is to keep in mind the risks.
Scalping is a difficult way of starting, no doubts about it. But I think its all about how one adapts to any particular style. Some become so handy and convenient with scalping, that for them it is the best and they don't need to explore higher time frames. So it all varies from trader to trader.
Dec 18 2020 at 07:42
But is scalping profitable for beginners?
Scalpingop is not only used by beginners. Because if you use this trading technique correctly, you can make good profits.
calmness in the market is much more important than fast income and constant stress...
Dec 19 2020 at 17:44
Jude_craig posted:Scalping is profitable for all kind of trader if you know the strategy well. However, i recommend new trader not to adopt this kind of strategy first.
But is scalping profitable for beginners?
Yes, it is true. Loves to make more money by scalping. But scalping requires experience if you don't have that experience, so it's best to refrain from it.
right now i am doing scalping regularly , actually it bring profit very rapidly than others trading technique but sometime it causes a great risk in spite of having good money management.
Dec 22 2020 at 07:51
Jude_craig posted:If done right then yes.
But is scalping profitable for beginners?
Jude_craig posted:Depends on their skills and strategies.
But is scalping profitable for beginners?
I do only scalp in the M5 time-frame. The target is only 5 pips.
Trading for a living
New traders should practice trading on bigger time frame first, smaller charts that are used in scalping can get very confusing for new traders.
Dec 23 2020 at 07:10
I wouldn’t say so because I started my trading career with scalping. I don't know if I would have been more profitable had I used a different strategy, but what I got seemed fine to me. Low spread brokers really helped.
