New traders love scalping | Forex Forum oleh Myfxbook

Anggota Sejak Jul 19, 2020 751 pos

Nov 15, 2020 at 06:39

Anggota Sejak Jul 19, 2020 751 pos

New traders love scalping as it gives quick profit. And this makes them addicted to trading. But I think starting with scalping is a bad idea. Everyone should start with higher timeframe. After some experience scalping can be done.

perryjohn765

Anggota Sejak Sep 12, 2017 238 pos

Dec 07, 2020 at 10:43

Anggota Sejak Sep 12, 2017 238 pos

not only the new traders, but the experienced traders also like scalping. i personally like it as i dont have to wait for long to see the net profit and loss

Michihito

Anggota Sejak Jul 19, 2020 298 pos

Dec 07, 2020 at 11:15

Anggota Sejak Jul 19, 2020 298 pos

Yes new traders loves scalping. As online market moves 24/5, it is difficult for newbies to prevent the temptation. But for newbies scalping is not ideal. It leads them to over trading habit.

VictorAxel

Anggota Sejak Sep 18, 2020 31 pos

Dec 07, 2020 at 11:47

Anggota Sejak Sep 18, 2020 31 pos

I have been seeing this trends, I hope they are aware that it is not easy as seen on paper. It is very risky and can easily wipe your account if you do not pay attention to the volatility in timeframes.

ddarko3

Anggota Sejak Nov 03, 2020 70 pos

Dec 08, 2020 at 12:31

Anggota Sejak Nov 03, 2020 70 pos

Scalping is my favorite trading style too, Currently i am liking fxview’s conditions and spreads of IC are also quite good for scalping. What broker do you use for scalping?

Shiber

Anggota Sejak Jul 04, 2020 18 pos

Dec 14, 2020 at 11:16

Anggota Sejak Jul 04, 2020 18 pos

But this is a really profitable, quality approach, especially if you're good at it.

Yozuru

Anggota Sejak Apr 18, 2019 25 pos

Dec 17, 2020 at 12:02

Anggota Sejak Apr 18, 2019 25 pos

Yes, it is risky.
But many people really use it quite successfully.
And in general, difficulties happen in any strategy.
The main thing is to keep in mind the risks.

Brel

Anggota Sejak Dec 15, 2020 13 pos

Dec 18, 2020 at 06:19

Anggota Sejak Dec 15, 2020 13 pos

Scalping is a difficult way of starting, no doubts about it. But I think its all about how one adapts to any particular style. Some become so handy and convenient with scalping, that for them it is the best and they don't need to explore higher time frames. So it all varies from trader to trader.

Jude_craig

Anggota Sejak Dec 05, 2020 81 pos

Dec 18, 2020 at 07:42

Anggota Sejak Dec 05, 2020 81 pos

But is scalping profitable for beginners?

Megul

Anggota Sejak Jun 23, 2020 16 pos

Dec 19, 2020 at 14:10

Anggota Sejak Jun 23, 2020 16 pos

calmness in the market is much more important than fast income and constant stress...

LyudmilLukanov

Anggota Sejak Jul 23, 2020 869 pos

Dec 19, 2020 at 17:44

Anggota Sejak Jul 23, 2020 869 pos

Jude_craig posted:
But is scalping profitable for beginners?

Scalping is profitable for all kind of trader if you know the strategy well. However, i recommend new trader not to adopt this kind of strategy first.

AliaDare

Anggota Sejak Jul 19, 2020 788 pos

Dec 20, 2020 at 02:01

Anggota Sejak Jul 19, 2020 788 pos

Yes, it is true. Loves to make more money by scalping. But scalping requires experience if you don't have that experience, so it's best to refrain from it.

Imamul

Anggota Sejak Aug 09, 2017 785 pos

Dec 20, 2020 at 05:38

Anggota Sejak Aug 09, 2017 785 pos

right now i am doing scalping regularly , actually it bring profit very rapidly than others trading technique but sometime it causes a great risk in spite of having good money management.

PercymcDonnell54

Anggota Sejak Nov 10, 2020 23 pos

Dec 22, 2020 at 07:51

Anggota Sejak Nov 10, 2020 23 pos

Jude_craig posted:
But is scalping profitable for beginners?

If done right then yes.

Fx_howie

Anggota Sejak Dec 21, 2020 36 pos

Dec 22, 2020 at 08:17

Anggota Sejak Dec 21, 2020 36 pos

Jude_craig posted:
But is scalping profitable for beginners?

Depends on their skills and strategies.

mdundifx

Anggota Sejak Dec 10, 2018 5 pos

Dec 22, 2020 at 08:23

Anggota Sejak Dec 10, 2018 5 pos

I do only scalp in the M5 time-frame. The target is only 5 pips.

Trading for a living

christielowe

Anggota Sejak Jun 16, 2020 35 pos

Dec 23, 2020 at 07:10

Anggota Sejak Jun 16, 2020 35 pos

I wouldn’t say so because I started my trading career with scalping. I don't know if I would have been more profitable had I used a different strategy, but what I got seemed fine to me. Low spread brokers really helped.

reggae

Anggota Sejak May 11, 2020 74 pos

Dec 23, 2020 at 11:24

Anggota Sejak May 11, 2020 74 pos

LyudmilLukanov posted:
Jude_craig posted:
But is scalping profitable for beginners?
Scalping is profitable for all kind of trader if you know the strategy well. However, i recommend new trader not to adopt this kind of strategy first.

Agree. Scalping is very risky for the beginner so I am surprised that there are many newbie traders saying that they like to do scalping.

Pointingmark

Anggota Sejak Sep 30, 2020 28 pos

Dec 23, 2020 at 12:45

Anggota Sejak Sep 30, 2020 28 pos

It’s not that other trading techniques are more profitable, you will lose money either way.

Bradley88

Anggota Sejak Oct 20, 2020 49 pos

Dec 23, 2020 at 15:11

Anggota Sejak Oct 20, 2020 49 pos

I prefer scalping because it's profitable for all kind of traders and requires only a well-executed strategy. Currently, I'm looking for a suitable broker that offers spread averaging at 0.0pips and faster execution.

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