Doing scalping is not easy thing and in fact most traders lost their money are traders who use scalping techniques while trading, usually scalpers get tempts to open so much positions because of greedy want earning huge profit in short of time but it lead them to trouble lost of money.
Only skilled traders should go in for scalping. Not easy at all!
Roberto21 posted:
Doing scalping is not easy thing and in fact most traders lost their money are traders who use scalping techniques while trading, usually scalpers get tempts to open so much positions because of greedy want earning huge profit in short of time but it lead them to trouble lost of money.
Yeah. Scalping requires good experience and knowledge. Beginners should rather stay away from this style as its risky too.
Scalping is good for those who knows to how take advantage of small price movements and have better skills.
It can bring great money, if you have a good understanding of scalping mechanism and understand its principles, I think many traders try to use it, but unfortunately it is not always effective.
I don't think this strategy can be considered simple, especially for a beginner. It seems to me that it has too much dynamics, so there are often complex and exciting situations that require a quick reaction and ingenuity...
Apr 29 2020 at 19:31
Now it is in great demand among traders, because if the forecast is correct, it helps to increase profits by several times.
But you should do it thoughtfully, because in the same way you can lose everything at once.
So do not forget to check everything and work on a demo.
But you should do it thoughtfully, because in the same way you can lose everything at once.
So do not forget to check everything and work on a demo.
Apr 29 2020 at 19:37
Marraby posted:
I don't think this strategy can be considered simple, especially for a beginner. It seems to me that it has too much dynamics, so there are often complex and exciting situations that require a quick reaction and ingenuity...
Yes you have spend months and years on a system that is catered to quick response but i found once you get the experience although risky can be very rewarding...in and out and done for the day
Protect Your Assets By Risk Management
There is a saying that says 'You can try to scalp the forex market, but eventually it will scalp you.' Scalping seems fun when you're winning, but as soon as you start losing, it's not fun anymore. Most of the time traders will eat up most of their capital before they call the experiment a failure.
May 02 2020 at 04:25
Brick_56 posted:From what I have seen, this is very true. They are more adverse to the changes so they can get the profit.
Only skilled traders should go in for scalping. Not easy at all!
The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.
In Fx trading , Actually scalping is like high action thriller movies that can keep you on the edge of your seat , it brings profit very rapidly from all trading strategies we have. That’s why by and large traders in particularly the newcomers depend on this trading approach .
scalping is easy to make small gains but also easy to make massive losses. It is a game for fools IMHO
define easy. it's not same as other strategies you have to have some experience in the field, you know. saying it's a foilish game is not smart since i know people making A LOT of money. you jyst have to have think differently that's all
it's not easy. it's different. and you need to be ready for that different.
it's not easy. it's different. and you need to be ready for that different.
wirymace posted:
scalping is easy to make small gains but also easy to make massive losses. It is a game for fools IMHO
Indeed. Losses flow quickly in scalping so we need to be really attentive while scalping.
Unless you are skilled in that, it is not as easy as it sounds.
The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.
May 14 2020 at 10:29
reggae posted:Was about to say this.
Unless you are skilled in that, it is not as easy as it sounds.
i wanted to try to be a scalper, but read a lot of contradictory things.
on the one hand there's possibility of quick money. but on the other the risks're very high.
as i understand when scalping, at least 10 orders in different currencies're opened immediately and they're closed at any market fluctuation. am i right?
on the one hand there's possibility of quick money. but on the other the risks're very high.
as i understand when scalping, at least 10 orders in different currencies're opened immediately and they're closed at any market fluctuation. am i right?
