scalping is risky ?
Jul 23, 2020 at 09:58
Scalping, in my opinion, is more beneficial for day traders as it involves buying or selling a currency pair and then hold it for a short period of time. Day traders get a good amount of scalping, regular traders must go on with simple strategies to get most out of a trade.
Jul 23, 2020 at 10:04
ethan_65 posted:
Scalping, in my opinion, is more beneficial for day traders as it involves buying or selling a currency pair and then hold it for a short period of time. Day traders get a good amount of scalping, regular traders must go on with simple strategies to get most out of a trade.
How do you deal with brokers though? Don't they prevent scaling?
Mitglied seit Feb 19, 2020
19 Posts
Jul 23, 2020 at 11:57
After I tried scalping, I finally realized that my nerves are too unstable 😱
Mitglied seit Jul 20, 2020
298 Posts
Jul 23, 2020 at 17:52
New traders have some problems they want to earn a lot of money in a short time
Jul 25, 2020 at 12:07
If you do not know what you are doing, sure, scalping is risky. But isn't all trading scalping? Think about it. Staying in the market hoping for it to give you all there is, is just plain simple madness. With the right strategy, you can scalp on any time frame for a day, week, or even months. The secret is in knowing when the market is going to take a break on that time frame, or even reverse.
i prefer to scalp on a daily, in and out within a few hours. anything less than that should be left to the robots, and those who want to cause themselves health issues.
Here is an example of some of the scalp trades I take. Knowing within a few (usually less 10) pips where the market turning point is. Does it work all the time, no. Does it work most of the time, YES!
i prefer to scalp on a daily, in and out within a few hours. anything less than that should be left to the robots, and those who want to cause themselves health issues.
Here is an example of some of the scalp trades I take. Knowing within a few (usually less 10) pips where the market turning point is. Does it work all the time, no. Does it work most of the time, YES!
When I get Stuck, Back to Basics.
Mitglied seit Feb 24, 2020
10 Posts
Jul 29, 2020 at 12:41
Scalping is risky trading
Mitglied seit Feb 24, 2020
5 Posts
Aug 03, 2020 at 10:04
I have been trading using scalping for some time, so I can say that this is a very profitable strategy. But at the same time, there are great risks for losing your account. You have to decide for yourself how much you are willing to earn. and how much to lose. If the position went negative, determine the bottom, and decide whether to close the position or not. Good luck to everyone.
Mitglied seit Mar 18, 2019
98 Posts
Aug 03, 2020 at 11:58
well said but also risk management is very important when scalping- keep lot sizes to an absolute minimum and be careful with leverage.
Aug 03, 2020 at 15:14
Admoni posted:For newbie scalping is harmful. It spoils the mind set. It's because of scalping new traders do over trading a lot. Scalping makes a newbie restless. To me a newbie should start with day trading.
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.
Mitglied seit Jul 20, 2020
298 Posts
Aug 03, 2020 at 17:09
Scalping can make a lot of money. However, its existence does not last long. If you do scalping, you will have to face loss one day and that loss will be a lot. Which will hurt your emotions and as a result you may lose your trading money by going for more scalping. You have to trade by maintaining the strategy. You will never lose if you do long term trading with market analysis.
Mitglied seit Jun 21, 2020
59 Posts
Aug 03, 2020 at 18:04
Scalping is actually my best way of making profits consistently, But due to I have mastered tge techniques, it look so easy each time I'm doing.
If you must scalp and want to be a successful scalper, make sure you have the mindset to take manageable loss when they market is against you, in other words, trade with no emotion, This is the techque I employed to be among the successful Scalpers. I scalp a lot each day and take loss when too small and always make sure the sum of my winning trade greatly exceed the sum of my losing trades, now that is how you scalp.
My scale is like 1/8 when scalping, do that successful two to three times, you will always end up winning daily, but to achieve this, you must always wait for the right time to enter trades.
If you must scalp and want to be a successful scalper, make sure you have the mindset to take manageable loss when they market is against you, in other words, trade with no emotion, This is the techque I employed to be among the successful Scalpers. I scalp a lot each day and take loss when too small and always make sure the sum of my winning trade greatly exceed the sum of my losing trades, now that is how you scalp.
My scale is like 1/8 when scalping, do that successful two to three times, you will always end up winning daily, but to achieve this, you must always wait for the right time to enter trades.
NO EMOTION DURING TRADING.
Mitglied seit Jun 21, 2020
59 Posts
Aug 05, 2020 at 12:08
Robert647373 posted:I disagreed with this, I have been scalping for more than a decade and very good at it, if you want to be a good scalper, take manageable loss when needed and don't you ever bring Emotional to scalping or trading. I do almost daily more than 100 trades, I might loss few in it with very low reds and Big Greens in others.
Scalping is a profitable and at the same time unprofitable type of forex trading. It will take up all of your time, but under favorable conditions, you can earn every day.
Winning always exceed losing trades in my scalping way.
NO EMOTION DURING TRADING.
Aug 07, 2020 at 12:13
Scalping is profitable oy if you know how to do it. But most people lose money by doing scalping. Be be honest all type of trading is risky if you don't know how to trade. Find out what works for you. If long term trading is working for go for it and vice versa.
Mitglied seit Mar 03, 2020
7 Posts
Aug 11, 2020 at 11:26
Scalping trading strategy can bring a good income today, tomorrow, but in the future it can take away your money, when you relax and think that you already know everything about scalping trading, it's another matter long deals, they often bring a stable income.
