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New traders love scalping

Nov 15, 2020 at 06:39
Vues 3,477
107 Replies
Membre depuis Jul 19, 2020   posts 751
Nov 15, 2020 at 06:39
New traders love scalping as it gives quick profit. And this makes them addicted to trading. But I think starting with scalping is a bad idea. Everyone should start with higher timeframe. After some experience scalping can be done.
Membre depuis Nov 18, 2020   posts 26
Dec 07, 2020 at 07:49
Quick profits is something that fascinates new traders and so they rely on scalping for it. No matter how easy and fast the profits are, there is still some risk with it.
lovefortrading (perryjohn765)
Membre depuis Sep 12, 2017   posts 238
Dec 07, 2020 at 10:43
not only the new traders, but the experienced traders also like scalping. i personally like it as i dont have to wait for long to see the net profit and loss
Membre depuis Jul 19, 2020   posts 298
Dec 07, 2020 at 11:15
Yes new traders loves scalping. As online market moves 24/5, it is difficult for newbies to prevent the temptation. But for newbies scalping is not ideal. It leads them to over trading habit.
Membre depuis Sep 18, 2020   posts 31
Dec 07, 2020 at 11:47
I have been seeing this trends, I hope they are aware that it is not easy as seen on paper. It is very risky and can easily wipe your account if you do not pay attention to the volatility in timeframes.
Membre depuis Nov 03, 2020   posts 70
Dec 08, 2020 at 12:31
Scalping is my favorite trading style too, Currently i am liking fxview’s conditions and spreads of IC are also quite good for scalping. What broker do you use for scalping?
Membre depuis Jul 04, 2020   posts 18
Dec 14, 2020 at 11:16
But this is a really profitable, quality approach, especially if you're good at it.
Membre depuis Apr 18, 2019   posts 25
Dec 17, 2020 at 12:02
Yes, it is risky.
But many people really use it quite successfully.
And in general, difficulties happen in any strategy.
The main thing is to keep in mind the risks.
Membre depuis Dec 15, 2020   posts 13
Dec 18, 2020 at 06:19
Scalping is a difficult way of starting, no doubts about it. But I think its all about how one adapts to any particular style. Some become so handy and convenient with scalping, that for them it is the best and they don't need to explore higher time frames. So it all varies from trader to trader.
Membre depuis Dec 05, 2020   posts 81
Dec 18, 2020 at 07:42
But is scalping profitable for beginners?
Saiful (Saiful4564)
Membre depuis Feb 06, 2020   posts 7
Dec 18, 2020 at 10:27
Scalpingop is not only used by beginners. Because if you use this trading technique correctly, you can make good profits.
Membre depuis Jun 23, 2020   posts 16
Dec 19, 2020 at 14:10
calmness in the market is much more important than fast income and constant stress...
Membre depuis Jul 23, 2020   posts 869
Dec 19, 2020 at 17:44
Jude_craig posted:
But is scalping profitable for beginners?
Scalping is profitable for all kind of trader if you know the strategy well. However, i recommend new trader not to adopt this kind of strategy first.
Membre depuis Jul 19, 2020   posts 788
Dec 20, 2020 at 02:01
Yes, it is true. Loves to make more money by scalping. But scalping requires experience if you don't have that experience, so it's best to refrain from it.
Membre depuis Aug 09, 2017   posts 785
Dec 20, 2020 at 05:38
right now i am doing scalping regularly , actually it bring profit very rapidly than others trading technique but sometime it causes a great risk in spite of having good money management.
Membre depuis Nov 10, 2020   posts 23
Dec 22, 2020 at 07:51
Jude_craig posted:
But is scalping profitable for beginners?
If done right then yes.
Membre depuis Dec 21, 2020   posts 36
Dec 22, 2020 at 08:17
Jude_craig posted:
But is scalping profitable for beginners?
Depends on their skills and strategies.
Membre depuis Dec 10, 2018   posts 5
Dec 22, 2020 at 08:23
I do only scalp in the M5 time-frame. The target is only 5 pips.
Trading for a living
Membre depuis Jul 03, 2020   posts 36
Dec 22, 2020 at 09:44
New traders should practice trading on bigger time frame first, smaller charts that are used in scalping can get very confusing for new traders.
Membre depuis Jun 16, 2020   posts 35
Dec 23, 2020 at 07:10
I wouldn’t say so because I started my trading career with scalping. I don't know if I would have been more profitable had I used a different strategy, but what I got seemed fine to me. Low spread brokers really helped.
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