Becoming a scalper
forex_trader_745947
Miembro desde Jul 08, 2019
posts 57
Mar 08, 2021 at 18:03
Scalping ultimately is a losing strategy, don't waste your time and money.
Thank you.
Thank you.
Elena Triston (ele020)
Miembro desde Apr 15, 2020
posts 219
Mar 09, 2021 at 05:08
GlobalScalper posted:I dont think its a losing strategy if done after proper tricks and tips.. Off course its trickier but we cant just name it a losing strategy.
Scalping ultimately is a losing strategy, don't waste your time and money.
Thank you.
The more your practice, the more you learn.
forex_trader_745947
Miembro desde Jul 08, 2019
posts 57
Mar 12, 2021 at 20:17
ele020 posted:GlobalScalper posted:I dont think its a losing strategy if done after proper tricks and tips.. Off course its trickier but we cant just name it a losing strategy.
Scalping ultimately is a losing strategy, don't waste your time and money.
Thank you.
Well, It's a profitable strategy for a while but if your strategy is so strong then you might sustain over a year but eventually, you'll lose all of your money after one year+.
That's why it's called 'Profitable Scalper doesn't exist after one year.
Thank you.
forex_trader_745947
Miembro desde Jul 08, 2019
posts 57
Mar 12, 2021 at 20:22
Antonio_K posted:
What makes you say that? Any experience worth sharing?
The only worth is when you would start scalping with your own money you'll understand everything. The market is the biggest teacher.
Have a nice day.
Mar 15, 2021 at 09:02
GlobalScalper posted:Isn't it ironic that you are 'GlobalScalper' and yet you say that it's a losing strategy? My point is that scalping is just a strategy like swing and positing trading. It may not work for you but it doesn't mean that all of the scalpers are not good. I'm sure there are some that has been in this business for a long time and has been making money using a scalping strategy. We may not know it because not everyone wants to talk or brag about it. I know a scalper that's been making money for 8 years so your opinion, my opinion, or other's opinion doesn't matter because he is making money. Scalping works for sure but it takes so much effort and discipline.ele020 posted:GlobalScalper posted:I dont think its a losing strategy if done after proper tricks and tips.. Off course its trickier but we cant just name it a losing strategy.
Scalping ultimately is a losing strategy, don't waste your time and money.
Thank you.
Well, It's a profitable strategy for a while but if your strategy is so strong then you might sustain over a year but eventually, you'll lose all of your money after one year+.
That's why it's called 'Profitable Scalper doesn't exist after one year.
Thank you.
Trading is a marathon, not a sprint.
forex_trader_745947
Miembro desde Jul 08, 2019
posts 57
Mar 15, 2021 at 20:29
@8christianpaul8
Isn't it ironic that you are 'GlobalScalper' and yet you say that it's a losing strategy? <<<<< No, it's not ironic, It means is that what I've stated, I know the full facts of it. To be flat out: no one knows about Scalping better than a Scalper. ;)
I'm sure there are some that have been in this business or a long time and have been making money using a scalping strategy <<<<<<< well, You're not sure actually it's just your imagination.
Again: 'Profitable Scalper doesn't exist after one year'
Isn't it ironic that you are 'GlobalScalper' and yet you say that it's a losing strategy? <<<<< No, it's not ironic, It means is that what I've stated, I know the full facts of it. To be flat out: no one knows about Scalping better than a Scalper. ;)
I'm sure there are some that have been in this business or a long time and have been making money using a scalping strategy <<<<<<< well, You're not sure actually it's just your imagination.
Again: 'Profitable Scalper doesn't exist after one year'
Miembro desde Jan 01, 2021
posts 11
Mar 30, 2021 at 05:43
Yes and I think spreads are quite important for every scalper. Looking for a broker with tighter spreads is a good idea.
Miembro desde Jun 22, 2020
posts 77
Apr 28, 2021 at 12:08
Ericdier752 posted:I don’t know if you've noticed it says starting from 0.0 pips, you get 0 or 0.1 pips sometimes, and for the reliability, some of them are, some of them aren't, it all depends on the regulation they hold.garrettlamb posted:I keep seeing ads of brokers with spreads starting with 0.1 pips and what not and I'm beginning to get tempted to try them too. Do you know if they are reliable?
Yes and I think spreads are quite important for every scalper. Looking for a broker with tighter spreads is a good idea.
Apr 30, 2021 at 06:36
Ericdier752 posted:Testing is the only way out.Demo can help too. But remember there's nothing like 0 spreads, so be careful.garrettlamb posted:I keep seeing ads of brokers with spreads starting with 0.1 pips and what not and I'm beginning to get tempted to try them too. Do you know if they are reliable?
Yes and I think spreads are quite important for every scalper. Looking for a broker with tighter spreads is a good idea.
May 31, 2021 at 11:52
BrantleyC posted:Rightly said. Zero spread is a myth as it only peaks up commission fee. I think there are some brokers in the market which have very low spreads & commissions.
Testing is the only way out.Demo can help too. But remember there's nothing like 0 spreads, so be careful.
Elena Triston (ele020)
Miembro desde Apr 15, 2020
posts 219
Jun 11, 2021 at 06:03
scalping needs realy tight spreads so I use a broker who offer raw spreads and at time i have seen it going as low as 0.0 pips...
The more your practice, the more you learn.
Elena Triston (ele020)
Miembro desde Apr 15, 2020
posts 219
Jun 17, 2021 at 04:38
thank you for adding this point. Yes. Low commissions are also vital., its of no use if you have to pay huge chunks of commissions out of your profits. The broker I use only charges me $2 commission per 100K trading volume for both sides. Pretty helpful.
The more your practice, the more you learn.
Jun 24, 2021 at 08:02
ele020 posted:I also pay $2 per lot, which broker you are using btw?
thank you for adding this point. Yes. Low commissions are also vital., its of no use if you have to pay huge chunks of commissions out of your profits. The broker I use only charges me $2 commission per 100K trading volume for both sides. Pretty helpful.
Elena Triston (ele020)
Miembro desde Apr 15, 2020
posts 219
Jun 25, 2021 at 05:02
KenAdams posted:I am currently using fxview. best spreads so far...ele020 posted:I also pay $2 per lot, which broker you are using btw?
thank you for adding this point. Yes. Low commissions are also vital., its of no use if you have to pay huge chunks of commissions out of your profits. The broker I use only charges me $2 commission per 100K trading volume for both sides. Pretty helpful.
The more your practice, the more you learn.
Elena Triston (ele020)
Miembro desde Apr 15, 2020
posts 219
Jul 01, 2021 at 06:05
WaltonCharles posted:Thank you! So are you a scalper?ele020 posted:Yes. I agree with you.
scalping needs realy tight spreads so I use a broker who offer raw spreads and at time i have seen it going as low as 0.0 pips...
The more your practice, the more you learn.
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