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What is fast forex scalping?
Feb 23, 2021 at 07:06
Membre depuis Apr 15, 2020
posts 219
harrymartinez posted:You are right regarding the traders capacity but a broker does play a role tooo... For example, if your broker is charging high spreads how can a trader scalp successfully?
It is a big misconception that one broker is better than the other. The differences if any are very slight in the league of all established brokers. It all comes down to your capability as a trader, to be able to identify good trading opportunities.
The more your practice, the more you learn.
Membre depuis Jul 09, 2020
posts 39
Feb 24, 2021 at 03:53
Membre depuis Jul 09, 2020
posts 39
Harry! All cars can take you from A to B, but some might be able to do so in 3 minutes while some under a minute. You know what I mean, there ARE differences. Some broker platforms will give you technical glitches, hard time in order execution, hide stuff, there are so many things.
forex_trader_1996705
Membre depuis Nov 12, 2020
posts 18
Mar 02, 2021 at 15:16
Membre depuis Nov 12, 2020
posts 18
I scalp too, but you must to master the act of scalping so you can be making good returns from each scalp.
I scalp when the market presents that, abd i dont scalp for low profits, i scalp and maje sure i come out with high profits with a very minimum risk.
I scalp when the market presents that, abd i dont scalp for low profits, i scalp and maje sure i come out with high profits with a very minimum risk.
Mar 03, 2021 at 07:16
Membre depuis Apr 15, 2020
posts 219
PensionPay posted:Thats a good scalping strategy..... Short profits just get eaten up by spreads when you are scalping
I scalp too, but you must to master the act of scalping so you can be making good returns from each scalp.
I scalp when the market presents that, abd i dont scalp for low profits, i scalp and maje sure i come out with high profits with a very minimum risk.
The more your practice, the more you learn.
Membre depuis Jun 30, 2020
posts 47
Mar 03, 2021 at 09:42
Membre depuis Jun 30, 2020
posts 47
ele020 posted:You are absolutely right. With the increase in price, trailing stops also get dragged with it. But when the price stops at one point, the new stop loss price remains at the price it was dragged to. This automatically protects the downside and locks in the profits as the price reaches new highs.PensionPay posted:Thats a good scalping strategy..... Short profits just get eaten up by spreads when you are scalping
I scalp too, but you must to master the act of scalping so you can be making good returns from each scalp.
I scalp when the market presents that, abd i dont scalp for low profits, i scalp and maje sure i come out with high profits with a very minimum risk.
forex_trader_1996705
Membre depuis Nov 12, 2020
posts 18
Mar 03, 2021 at 10:52
Membre depuis Nov 12, 2020
posts 18
Gleywilleyy posted:ele020 posted:You are absolutely right. With the increase in price, trailing stops also get dragged with it. But when the price stops at one point, the new stop loss price remains at the price it was dragged to. This automatically protects the downside and locks in the profits as the price reaches new highs.PensionPay posted:Thats a good scalping strategy..... Short profits just get eaten up by spreads when you are scalping
I scalp too, but you must to master the act of scalping so you can be making good returns from each scalp.
I scalp when the market presents that, abd i dont scalp for low profits, i scalp and maje sure i come out with high profits with a very minimum risk.
Correct
forex_trader_1996705
Membre depuis Nov 12, 2020
posts 18
Mar 03, 2021 at 11:50
Membre depuis Nov 12, 2020
posts 18
ele020 posted:Yes, i scalp huge profits and low stopsPensionPay posted:Thats a good scalping strategy..... Short profits just get eaten up by spreads when you are scalping
I scalp too, but you must to master the act of scalping so you can be making good returns from each scalp.
I scalp when the market presents that, abd i dont scalp for low profits, i scalp and maje sure i come out with high profits with a very minimum risk.
Membre depuis Jul 09, 2020
posts 39
Membre depuis Oct 01, 2020
posts 37
Mar 08, 2021 at 04:17
Membre depuis Oct 01, 2020
posts 37
williamhayes posted:Yes but some strategies require a certain skill and they might not work so well for a beginner. Like scalping for instance, it requires a trader to have a very good idea about the entry and exit.
What I believe is that every strategy requires some hard work and practice. No one is born an expert isn’t it.
Membre depuis Jul 10, 2020
posts 34
Membre depuis Nov 24, 2020
posts 28
Mar 09, 2021 at 10:34
Membre depuis Nov 24, 2020
posts 28
Darrensmith posted:No doubt having an exit strategy is so important. Who’d deny one large loss can nullify the small gains, which a trader worked hard to put in the bank.williamhayes posted:Yes but some strategies require a certain skill and they might not work so well for a beginner. Like scalping for instance, it requires a trader to have a very good idea about the entry and exit.
What I believe is that every strategy requires some hard work and practice. No one is born an expert isn’t it.
Mar 16, 2021 at 09:26
Membre depuis Nov 16, 2020
posts 16
As you are planning to scalp, I am sure that you already know that you will have to keep yourself updated with the current news. You might also have to take the risk of trading the latest or future events that are expected to trigger price movements. I also scalp with robinhood sometimes and watch the high and low price movements to gauge the direction over the short-term.
Mar 16, 2021 at 09:36
Membre depuis Apr 15, 2020
posts 219
josejames posted:Along with all the factors you mentioned, one should also be careful for the spreads which definitely widen during news releases.
As you are planning to scalp, I am sure that you already know that you will have to keep yourself updated with the current news. You might also have to take the risk of trading the latest or future events that are expected to trigger price movements. I also scalp with robinhood sometimes and watch the high and low price movements to gauge the direction over the short-term.
The more your practice, the more you learn.
Membre depuis Jan 11, 2019
posts 147
Membre depuis Oct 07, 2020
posts 104
Mar 17, 2021 at 05:28
Membre depuis Oct 07, 2020
posts 104
Gracewilson1995 posted:Forex scalping is a trading style used by forex traders to buy or sell a currency pair and then hold it for a short period of time in an attempt to make a profit. A forex scalper looks to make a large number of trades, taking advantage of the small price movements which are common throughout the day.
Hearing this term for the first timee.
Membre depuis Oct 29, 2020
posts 53
Mar 19, 2021 at 05:29
Membre depuis Oct 29, 2020
posts 53
When you are trying to become a scalper, you will be required to have very good, reliable access to the market makers. You will also need a trading platform that allows you to buy and sell currency pairs quickly and easily, because the execution may take place in a fraction of a second.
Membre depuis Jul 20, 2020
posts 399
Mar 27, 2021 at 14:32
Membre depuis Jul 20, 2020
posts 399
Davidtaylorr posted:
I’ve heard people going after quick profits but I’ve not heard of quick scalping anywhere. Maybe you got the hint from fast profits or something.
Yeah me too scalping by nature is quick so all are within a short space of time.
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