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Need Trade Strategy
Mitglied seit Aug 02, 2015
9 Posts
Oct 02, 2018 at 14:45
Mitglied seit Aug 11, 2017
870 Posts
I have seen according to my trading experience despite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So we the traders who are particularly scalpers always have to be more careful when choosing a broker. Scalping will be successful when you could make sure lowest trading spreads which is very supportive to make profit with certainly by scalping that brings profit in a short time.
Mitglied seit Oct 22, 2018
3 Posts
Oct 31, 2018 at 08:01
Mitglied seit Oct 22, 2018
3 Posts
This is my Youtube video explaining the entry and exit strategy I use.
My best advice is to go back to demo and learn more about indicators and how they can help you enter and exit trades before you open another trade in your live account
Have a blessed day. I hope this help
My best advice is to go back to demo and learn more about indicators and how they can help you enter and exit trades before you open another trade in your live account
Have a blessed day. I hope this help

forex_trader_538373
Mitglied seit Jul 07, 2018
68 Posts
Dec 15, 2018 at 03:30
Mitglied seit Aug 11, 2017
870 Posts
I have seen according to my trading experience the traders who are particularly new Forex trader or part timer always try to depend on scalping approach that brings profit in a short time. scalping brings profit very rapidly but this approach make them loser ultimately because it contains huge risk.

forex_trader_538373
Mitglied seit Jul 07, 2018
68 Posts
Dec 16, 2018 at 10:49
Mitglied seit Jul 07, 2018
68 Posts
Mohammadi posted:
I have seen according to my trading experience the traders who are particularly new Forex trader or part timer always try to depend on scalping approach that brings profit in a short time. scalping brings profit very rapidly but this approach make them loser ultimately because it contains huge risk.
There are many ways to scalp the Forex market, not everyone loses by scalping, at least I don't. The huge risk you are talking about is not the same for everyone. I agree with you that scalping is risky if a trader is trying to win 3 pips by risking 200 but scalping with good money management brings good results.
On the opposite side, I find it much harder to catch big swings without having to avoid huge DD. When I started trading 13 years ago I was looking for the big 50 and 100 pips profit per trade but how many times I did not close my trades in profit and it turned into losses. I learned the hard way by losing thousands of dollars back then but I'm happy now with my actual scalping methods.
I definitely prefer to close my trades with small profits, being too greedy has never been profitable for me.

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