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Scalping is good
Dec 06, 2020 at 08:09
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
Mitglied seit Jul 20, 2020
286 Posts
Feb 15, 2021 at 17:42
Yes, scalping can develop you financially in a very short time if it is possible to trade with a plan and patience.
Mitglied seit Dec 15, 2020
16 Posts
Feb 16, 2021 at 13:26
That is something I would also like to see.
Mitglied seit Jul 23, 2020
816 Posts
Feb 16, 2021 at 17:34
In my opinion, every trading strategy is good. Each strategy has its own weakness and strength.
Mitglied seit Jul 09, 2020
3 Posts
Feb 23, 2021 at 11:41
I think beginners should avoid scalp trading in the starting because they have less or no experience of the trading market and they can face loss very easily.
Feb 24, 2021 at 14:49
BarronLucas posted:
Can a beginner trader profit from scalping? And is it safer than day trading?
Depends on how good you are at either, they'd both be considered strategies.
Some people thrive on scalping, others day trading - try them, find strategies and practice.
Sam.peters@
Mitglied seit Jan 22, 2021
126 Posts
Mar 02, 2021 at 16:01
New to trading and you are thinking of scalping? I would suggest you to think twice before doing that, because scalping is very difficult to the point where even some experienced forex brokers do not recommend them. You can try scalping in demo trading and see if you are confident to try that out in real account.
Mitglied seit Sep 12, 2017
232 Posts
Mar 23, 2021 at 06:11
it may vary depending on the individual. Scalping had been good for me since the beginning. Never had any such issues but yes it can be complex.
Mar 24, 2021 at 08:17
UweMoench posted:
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
I believe scalping strategy is a great technique for beginners to apply. It involves opening a position, gaining some pips and then closing the position shortly afterwards. It's also one of the easiest to master.
Mitglied seit Feb 16, 2019
26 Posts
Mar 26, 2021 at 11:41
UweMoench posted:
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
I think this is a good point
Mitglied seit Mar 24, 2021
5 Posts
Mar 26, 2021 at 11:47
How do people deal with scalping? Most brokers do not allow scalping so what can you do. Are there good brokers that do allow it?
Mitglied seit Jul 20, 2020
385 Posts
Apr 10, 2021 at 12:14
Can be risky but it can be very profitable if you stick to a set criteria and rules. I love scalping but it also suits my personality as i like some action lol
Mitglied seit Mar 16, 2021
447 Posts
Apr 10, 2021 at 17:52
Scalping is good but I don't like scalping. Because my loss is more when scalping. The reason is emotion. It is impossible to gain profit from that trade if there is emotion.
Mitglied seit Apr 13, 2021
12 Posts
Apr 16, 2021 at 11:01
It does take some time to control emotions but it is not impossible to do so, in my experience.
