scalping is risky ?

MaximePips posted:
trading is risky but scalping is the riskiest of them all. A scalper can lose all their money in a single day. Better to trade long term

If you scalp with no equity management yes you can lose it all. You can lose all your money in a long term trade as well. Learn your craft and trade with caution.

JediPipWalker posted:

MaximePips posted:
trading is risky but scalping is the riskiest of them all. A scalper can lose all their money in a single day. Better to trade long term

If you scalp with no equity management yes you can lose it all. You can lose all your money in a long term trade as well. Learn your craft and trade with caution.

Knowledge is the power; whatever trading style we follow; we need to make sure first our own trading skill.

The scalpers always feel uncomfortable when using this trading approach practically. Because mostly trading brokers don’t allow trading concept such as this.

Mohammadi posted:
The scalpers always feel uncomfortable when using this trading approach practically. Because mostly trading brokers don’t allow trading concept such as this.

In this case, traders need to check their terms & conditions before investing their own money!

Robert96 posted:
Any trading strategy is risky. Scalping is one of the most risky.
However, in order to make a profit you should always take some risk.

True!
higher the risk higher the returns

Gustavs1 posted:

Robert96 posted:
Any trading strategy is risky. Scalping is one of the most risky.
However, in order to make a profit you should always take some risk.

True!
higher the risk higher the returns

But, taking with high risk isn’t a smart choice; as you know making big profit isn’t our goal; in Forex sustaining in a long run is the main challenge!

scalping is not risky if you have good riskmanagement. I do scalping and everything is ok.

Pikasso posted:
scalping is not risky if you have good riskmanagement. I do scalping and everything is ok.

Besides, having a good trading strategy on scalping is very much important; without a proper trading system the journey is too sticky!

Gustavs1 posted:

Robert96 posted:
Any trading strategy is risky. Scalping is one of the most risky.
However, in order to make a profit you should always take some risk.

True!
higher the risk higher the returns

That is not necessarily true. Swing trading brings the most profits and is the least risky IMHO

AniLorak posted:

Gustavs1 posted:

Robert96 posted:
Any trading strategy is risky. Scalping is one of the most risky.
However, in order to make a profit you should always take some risk.

True!
higher the risk higher the returns

But, taking with high risk isn’t a smart choice; as you know making big profit isn’t our goal; in Forex sustaining in a long run is the main challenge!

True, it's the long run that speaks enough if you are trading in a right manner or not. I do more of scalp than swing, and it's not that riskiest if we manage the risk well with sound behavior but I can tell that it's not good for everyone as it affect the mind badly, can create lot of stress and have a mentally imbalance. Forex should not be taken for the intention of becoming rich SOON.

scalping not risky ,
brokers dont like scalping - they call it arbitrage sometimes and you cannot withdrawal
scaping good only if statistics of SL/TP go more at TP side, but if you catch several consistent SLs - then hard and long to recovery it using same scalp system

All currency trading is risky, Scalping also not beyond it. But i think it's riskier from others

Scalping is risky only if you do not know how to trade in this way.

frankmartin1 posted:
All currency trading is risky, Scalping also not beyond it. But i think it's riskier from others

yes any trade is a risk that you may lose. Problem with scalping is that the losses can be fast and many

I tried scalping once but I ended up chasing my losses. Not a good way to trade as a noob. To much emotion involved

JamDay posted:
I tried scalping once but I ended up chasing my losses. Not a good way to trade as a noob. To much emotion involved

That means; you need to work with your emotion first; I guess you tried in demo, isn’t?

JamDay posted:
I tried scalping once but I ended up chasing my losses. Not a good way to trade as a noob. To much emotion involved

emotions and Forex not compatible. if you feel big stress during opened positions - better do not trade forex at all

Scalping only good if you have strategy that always afret entry show you SL/TP = 70% / 30% at less in case SL = TP in PIPS
Its called Quality of Signal

apple1st posted:

JamDay posted:
I tried scalping once but I ended up chasing my losses. Not a good way to trade as a noob. To much emotion involved

emotions and Forex not compatible. if you feel big stress during opened positions - better do not trade forex at all

Scalping only good if you have strategy that always afret entry show you SL/TP = 70% / 30% at less in case SL = TP in PIPS
Its called Quality of Signal

I agree! Forex is all about mental game; so having a healthy mental condition is very crucial.

each strategy has its advantages and disadvantages, its risks and its profitability objectives. Each trader must choose the strategy or strategies that best suit their needs, depending on multiple factors.