New traders love scalping

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.

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.

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.

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,

scalping is okay but need a strong money management first of all.

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.

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.

MarcellusLux posted:
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.

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?

leon90 posted:

MarcellusLux posted:
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.

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?

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.
Well, you can find an example of an EA in the section https://www.myfxbook.com/community/trading-systems
there are good examples here.

When you can earn more profit, you will feel satisfied, which is badly needed for traders. Every broker allows traders with a demo account to practice.

The better a trade can forecast the market, the better he can earn from Forex. Good analytical ability is needed for better market prediction.

Traders are worried about earning and this worry leads them to depression resulting in suicide. Forex is the largest currency trading market in the world and along with this; it offers range of opportunities for earning. So, traders should rightly utililize these available opportunities.

High-frequency trading maybe not all brokers allow to use this trading strategy, this is also needed fast connection speed and good quality trading server to run expert smoothly, choosing broker low spread also become a consideration for scalping traders, even possible get zero spread in some trading pair like EURUSD, AUDUSD, USDJPY, etc.

The main reason that new traders prefer scalping is the fast profits that can be made in minutes. Most inexperienced traders are unaware of the risks and end up blowing their accounts.

We have more and more trading passion but we don’t have more and learning passion. The more a trader learns, the more he can develop himself and arm himself with knowledge and different techniques