Aug 26 2022 at 04:26
I guess new traders like scalping because they are in a hurry to earn more within a few seconds but while doing that they forget the amount of risk associated with scalping. Sometimes it works but they need to remember that things won't always turn out in our favor.
Before investment, you should make sure you have sufficient trading knowledge and trading efficiency because you can survive in here otherwise.
Aug 28 2022 at 15:47
When traders’ attempt go failure, they cannot retain their motivation for long.
Scalping need good psychological trading to control decision, maybe not all traders suitable works to scalping.
Choosing the broker also important to works scalping trading, not all broker allow scalping.
Choosing the broker also important to works scalping trading, not all broker allow scalping.
New traders prefer scalping because it is one of the quickest methods to earn a profit in a short time frame, such as 1 minute to 15 minutes.
Louren posted:
New traders prefer scalping because it is one of the quickest methods to earn a profit in a short time frame, such as 1 minute to 15 minutes.
problem is that most people lose:(
Scalping requires knowledge before applying it. As it is meant for those who know how to trade perfectly, it must be used by only those who have practised it enough on a demo account and know it perfectly.
New traders are fascinated by the idea of rigorous trading frequency and the profits that can be made from scalping. But the reality is totally different as one scalp. This strategy can be highly risky for new traders as it not only requires excellent trading skills and market analysis but also right trading psychology which maximum new traders lack.
I agree! They are influenced by the popularity of scalp trading strategy among other traders. And get so fascinated that they neglect the risks of scalping.
Sep 05 2022 at 10:09
most of the time scalping never get success above all tight trading spreads , so scalpers should choose the broker which has most lowest trading spreads.
The idea of making profits from numerous short trades taking advantage of the volatility is quite enticing! But, sadly, most newbies fail in this process. Scalping is actually carried out within a matter of a few seconds. It requires quick analysis and decision making which most beginners can’t do because of the lack of experience. This is why I think traders should never start with scalping.
Sep 06 2022 at 11:28
Scalping is popular among new traders because it allows them to enter and exit a market quickly, making numerous small trades in the hope of making profits over and over again from relatively small price changes,
Imo, there is no harm in scalping as a beginner. But they should not neglect the risks fraught in scalping. They must develop appropriate skills and trading psychology required for scalping.
Sep 07 2022 at 10:23
New traders prefer scalping because they want to earn more quickly, but while doing so, they forget the level of risk involved in scalping.
Sep 07 2022 at 11:22
scalping is okay but need a strong money management first of all.
Sep 07 2022 at 11:42
Knubble posted:True, Risk management is very crucial if you want to sustain in the market.
Imo, there is no harm in scalping as a beginner. But they should not neglect the risks fraught in scalping. They must develop appropriate skills and trading psychology required for scalping.
A trader can earn unlimited amount of profit by trading Forex is a reason behind selecting it as a profession. Following proper risk management policy can make you profitable.
Sep 21 2022 at 12:28
Beginners love scalping not because it is a quick profit, but because scalping strategies are auto trading. Beginners like that they can turn on the EA and do nothing. But this illusion quickly deprives them of capital.
@Marcellus8610
MarcellusLux posted:Can you please give me some insights on scalping strategies as auto trading because I always do scalping manually and would like to know more on this. How did you come up with auto-trading in scalping?
Beginners love scalping not because it is a quick profit, but because scalping strategies are auto trading. Beginners like that they can turn on the EA and do nothing. But this illusion quickly deprives them of capital.
Sep 23 2022 at 17:32
leon90 posted:First of all, I would like to make a clarification, my post could be misunderstood. In my opinion manually scalping with huge amount of trades is possible but not rational. However, I suppose you can tell more about scalping than me if you are a trader using this strategy. I do not use scalping strategies and have never developed such strategies. I would love to see an example of your manual scalping trading.MarcellusLux posted:Can you please give me some insights on scalping strategies as auto trading because I always do scalping manually and would like to know more on this. How did you come up with auto-trading in scalping?
Beginners love scalping not because it is a quick profit, but because scalping strategies are auto trading. Beginners like that they can turn on the EA and do nothing. But this illusion quickly deprives them of capital.
Well, you can find an example of an EA in the section https://www.myfxbook.com/community/trading-systems
there are good examples here.
@Marcellus8610
