Scalping and trading strategy

TraPole posted:

DoraWalletInvest posted:
I also think that scalping should be used if you are an experienced trader.

I know examples when people without trading exp use pamm accounts or ea. some of them get profit =)

Yes, you're right about that. I'm just quite wary about investing like that :)

Money management plays a crucial role in scalping. If you have a good money management strategy and use it properly, you're almost certain to trade profitably.

Scalpers have to be quickbon their feet .
I drop down to lower tf for entries but i already have my htf bias .
Scalping can be stressful

Scalping isn't for the faint of heart. Scalping requires many skills and years of experience. A newbie who attempts to scalp ends up overtrading. This is the story of every trader.

I like to be in and out of trades as quickly as possible but it can stressful when you get stuck in DD

Scalping actually possible to become the best trading strategy if the trader is able to work in a small wave timeframe, because on small timeframe the price often up and down often if compared with long timeframe if trader able to catch-all opportunity hence scalping will become a profitable trading strategy, but usually scalping can lead emotion if trader cant control emotion because one loss can be followed with next loss when the market not easy to understand.

Scalping is really very risky and have good ROI too. I prefer to lock 5 to 10 pips movement on each trade. And to achieve this one must be observant and stoical as scalper is under immense pressure from extreme volatility in the short term market.