Feb 23 at 11:41
I think beginners should avoid scalp trading in the starting because they have less or no experience of the trading market and they can face loss very easily.
Feb 23 at 12:10
I think the most important thing in forex trading is a reliable and regulated broker. Because without a broker you can not make a trade in this market.
Feb 23 at 18:06
DanielGlaus posted:
I think the most important thing in forex trading is a reliable and regulated broker. Because without a broker you can not make a trade in this market.
Right. Broker play important part in a trader journey.
Scalping is good but you have to do it by controlling the risk. If you trade risk control, you can get much better results from scalping.
pearlstephens posted:
I think beginners should avoid scalp trading in the starting because they have less or no experience of the trading market and they can face loss very easily.
But I think a person learns more while practically applying it, provided he knows something about it. You may face losses initially but you’ll learn scalping this way better. I did scalp trading just a few times through Turnkeyforex and Avatrade. I learned a lot in this process.
Scalping requires good skills, only then one can get good results out of it. Also, beginners should be too careful if they want to try scalping, the risk involved is quite high.
Feb 24 at 14:46
Can a beginner trader profit from scalping? And is it safer than day trading?
BarronLucas posted:
Can a beginner trader profit from scalping? And is it safer than day trading?
Depends on how good you are at either, they'd both be considered strategies.
Some people thrive on scalping, others day trading - try them, find strategies and practice.
Sam.peters@
Mar 02 at 16:01
New to trading and you are thinking of scalping? I would suggest you to think twice before doing that, because scalping is very difficult to the point where even some experienced forex brokers do not recommend them. You can try scalping in demo trading and see if you are confident to try that out in real account.
Mar 23 at 05:11
Scalping is really a profitable but complex strategy. So it is better that newbies focus on other things before jumping into it.
