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scalping is risky ?
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NzeCapitalTrades

Mitglied seit Jun 21, 2020  59 Beiträge WINNINGS (NzeCapitalTrades) Aug 05 at 12:08
Robert647373 posted:
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.
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.
Winning always exceed losing trades in my scalping way.

NO EMOTION DURING TRADING.
Michihito

Mitglied seit Jul 19, 2020  76 Beiträge Michihito Aug 07 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.

Mariel23134

Mitglied seit Mar 03, 2020  4 Beiträge Mariel23134 Aug 11 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.

Sophie15222

Mitglied seit Mar 03, 2020  3 Beiträge Sophie15222 Aug 11 at 13:29
You can earn money in scalping, but there are certain risks. The main thing from my point of view is to enter the market in the right place and accurately determine the exit point for yourself in advance. Don't be greedy, earn some money and get out.

Forex21

Mitglied seit Jan 16, 2014  388 Beiträge Forex21 Aug 11 at 14:28
Short term trading (scalping) requires a high level trading skills and is emotionally very demanding. If you are good at it, your results will be very consistent but keep in mind that it is emotionally very demanding.

I hope this helps.
Alexander

Stonesong

Mitglied seit May 13, 2020  65 Beiträge Stonesong Aug 12 at 09:03
There are risks everywhere in this area, but I don’t think they are very important in this area.

PCubeStrategy

Mitglied seit Feb 28, 2020  17 Beiträge PCube Singapore (PCubeStrategy) Aug 13 at 03:16
Scalping has higher costs, you have to have high probability system to make it work.

For example, you target 10pips, you incur up 0.5pips as commission to broker. That is 5% pip gain goes to commission

Downtobusines

Mitglied seit Jun 28, 2018  10 Beiträge Downtobusines Aug 14 at 09:50
PCubeStrategy posted:
Scalping has higher costs, you have to have high probability system to make it work.

For example, you target 10pips, you incur up 0.5pips as commission to broker. That is 5% pip gain goes to commission


This is the crux of why scalping is a bad strategy and will just cause you to lose money

UweMoench

Mitglied seit Jul 19, 2020  77 Beiträge UweMoench Aug 14 at 14:31
For newbie scalping is not good. Scalping is done in lower time frame. And in the lower time frame there is too much noise. A new trader needs to learn how to control the mind. If they start scalping it's become difficult for them to develop a healthy trading psychology.

diogomx

Mitglied seit Oct 19, 2019  12 Beiträge MrRolex (diogomx) Aug 16 at 06:30
@UweMoench i tottaly agree with you. Took me a few years to be a scalper and now im glad to be a HFT.

"Protecting your capital is more important them make more capital"
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