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Scalping is good
Dec 06, 2020 at 08:09
Miembro desde Jul 19, 2020
posts 749
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
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Feb 24, 2021 at 14:49
Miembro desde Feb 07, 2015
posts 24
BarronLucas posted:
Can a beginner trader profit from scalping? And is it safer than day trading?
Depends on how good you are at either, they'd both be considered strategies.
Some people thrive on scalping, others day trading - try them, find strategies and practice.
Sam.peters@
Miembro desde Jan 22, 2021
posts 126
Mar 02, 2021 at 16:01
Miembro desde Jan 22, 2021
posts 126
New to trading and you are thinking of scalping? I would suggest you to think twice before doing that, because scalping is very difficult to the point where even some experienced forex brokers do not recommend them. You can try scalping in demo trading and see if you are confident to try that out in real account.
Miembro desde Sep 12, 2017
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Mar 24, 2021 at 08:17
Miembro desde Dec 28, 2020
posts 167
UweMoench posted:
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
I believe scalping strategy is a great technique for beginners to apply. It involves opening a position, gaining some pips and then closing the position shortly afterwards. It's also one of the easiest to master.
Miembro desde Feb 16, 2019
posts 26
Mar 26, 2021 at 11:41
Miembro desde Feb 16, 2019
posts 26
UweMoench posted:
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
I think this is a good point
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