Scalping looks very tempting | Forex Forum von Myfxbook

Mitglied seit Jul 19, 2020 751 Posts

Oct 10, 2020 at 12:20

Mitglied seit Jul 19, 2020 751 Posts

Scalping looks very tempting. But scalping is good only if you are very skilled and knowledgeable. For newbie scalping is very dangerous. It makes them vulnerable to the market as in short time frame there is very much chaos.

systemafx

Mitglied seit Dec 07, 2010 204 Posts

Oct 10, 2020 at 13:09

Mitglied seit Dec 07, 2010 204 Posts

when i trade in scalp mode i use peak and tight stop loss... very fast to move positions in break even and RiskReward need to be 1:2 al least

Follow the momentum

Michihito

Mitglied seit Jul 19, 2020 298 Posts

Oct 10, 2020 at 13:47

Mitglied seit Jul 19, 2020 298 Posts

Yes it's true. Scalping is the reason newbie traders make the habit of over trading. As market is always moving it becomes difficult for them not to open trade. As a result they open too many unnecessary trades and lose money.

forex_trader_1786937

Mitglied seit Aug 23, 2020 142 Posts

Oct 11, 2020 at 11:09

Mitglied seit Aug 23, 2020 142 Posts

Scalping is very good if you master it, it earns me much of my profits.

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