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New traders love scalping
Nov 15, 2020 at 06:39
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.
Mitglied seit Sep 12, 2017
232 Posts
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
Mitglied seit Sep 18, 2020
30 Posts
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.
Dec 18, 2020 at 06:19
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.
Mitglied seit Dec 05, 2020
76 Posts
Dec 18, 2020 at 07:42
But is scalping profitable for beginners?
Mitglied seit Jul 23, 2020
816 Posts
Dec 19, 2020 at 17:44
Jude_craig posted:
But is scalping profitable for beginners?
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.
Mitglied seit Nov 10, 2020
19 Posts
Dec 22, 2020 at 07:51
Jude_craig posted:
But is scalping profitable for beginners?
If done right then yes.
forex_trader_589624
Mitglied seit Dec 10, 2018
5 Posts
Dec 22, 2020 at 08:23
I do only scalp in the M5 time-frame. The target is only 5 pips.
Mitglied seit Jun 16, 2020
27 Posts
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.
Dec 23, 2020 at 11:24
LyudmilLukanov posted:Jude_craig posted:
But is scalping profitable for beginners?
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.
Agree. Scalping is very risky for the beginner so I am surprised that there are many newbie traders saying that they like to do scalping.
Mitglied seit Sep 30, 2020
19 Posts
Dec 23, 2020 at 12:45
It’s not that other trading techniques are more profitable, you will lose money either way.
