Martinki posted:
When it comes to trading everything is risky, which is why we use brokers.
Scalping requires trading knowledge and the right broker.
I use FP Markets, they are ASIC regulated. Lower spreads, no widening spread issues and faster execution.
you are right mate
Admoni posted:That's true! Spreads and the major trading requirements are a major ingredient that goes into successful trading,
I have seen according to my trading experience the newcomers always looking for scalping strategy that brings profit in a short time than others techniques , but scalping sometimes causes a great losses if you don’t make sure lowest trading spreads. So for scalping first of all please make sure most comfortable trading spreads.
Smith88 posted:Admoni posted:That's true! Spreads and the major trading requirements are a major ingredient that goes into successful trading,
I have seen according to my trading experience the newcomers always looking for scalping strategy that brings profit in a short time than others techniques , but scalping sometimes causes a great losses if you don’t make sure lowest trading spreads. So for scalping first of all please make sure most comfortable trading spreads.
Trading spread is an important parameter! Since, it’s a broker’s charge; that means we can’t avoid this feature completely! But I am comfortable with low trading spread!
Feb 29 2020 at 07:54
This method of trading is actually very good, although I don't stick to one trading style, my trading style is very dynamic with the flow of the market, but I enjoy this method of trading as its parts of my trading strategies.
Scalping is risky or no ?
Can lower spreads and fast execution be enough to scalp?
Can lower spreads and fast execution be enough to scalp?
Mar 06 2020 at 14:03
Admoni posted:
I have seen according to my trading experience the newcomers always looking for scalping strategy that brings profit in a short time than others techniques , but scalping sometimes causes a great losses if you don’t make sure lowest trading spreads. So for scalping first of all please make sure most comfortable trading spreads.
It depends on your strategy, it's only risky if you over leverage, or don't use a stop loss.
TiffanyK posted:Scalping is a rather complicated strategy. And even if you follow all the rules of trade, there is still a risk of losing an account.
Scalping is part of trading so of course it is risky. However it is not for everybody. The newly beginner traders have no patience for a profiting start. Mainly because they know from their friends that it is easy to trade, because they have seen some commercials, because they have read in some forums that trading gets you fast and easy money and 100 more wrong statements. Then they read just one or two definitions for scalping and start directly with live account. BOOM! 1-2 weeks and the money are gone. After that beginners mainly do one of these 3 things: 1. start to learn more about trading; 2. completely terminate trading as part of their life; 3. continue to trade the same way until they loose almost all of their bank account. So please to all - SCALPING is not that easy as it looks!!!
Mar 09 2020 at 13:08
I agree that scalping is not for everyone. This method is necessary for everyone to test and understand whether it suits you specifically or not.
Scalping is purely based on technical analysis and short-term price fluctuations. Due to the extensive use of leverage, scalping is considered a high risk style of trading.
My friends very often use scalping to achieve high performance in a short time and often it really helps. But this same approach can also lead to a major loss. I just don't think it's for everyone. Probably worth a test first to get a full opinion based on facts and your own statistics.
I think this strategy is as dangerous as the other strategies. It is important here how well you understand and know what you are doing. It is no secret that even the most proven strategy can cause a major loss if you do not fully understand something or miss some nuance. Good luck!!!
Scalping has a high dynamics and this may be the main difficulty in applying this strategy, but it seems to me that if you understand what you are doing, you will not have any special problems, the main thing is to take your time, because the rapid profits are always winging and it is important that you take your time and despite the activity of the approach, think about every step.
Mar 13 2020 at 11:09
scalping is only risky if you don't know what youre doing, but I started scalping when I was a new trader and for me it worked, and I liked this style of trading, in fact Its one of my best ways to trade, and I get the results I want
Yes its risky only if you have no idea what your doing in it and should have mindset to accept loss and accept low profit times as well.
Mar 16 2020 at 11:59
I guess I won’t say anything new about scalping except that this is one of the methods to quickly earn money as well as lose it. Maybe even in this method you need more luck.
My opinion scalping is obviously losing strategy. At first, it may seem that you are earning. But then you lose most of it. But this is my personal experience. Can someone tell me their successful experience?
Mar 16 2020 at 15:00
scalping is only risky if you have not practiced on demo first and know ho wto keep profits consistent. keep lot size small and leverage not overboard.
1. Most scalpers don't figure in the cost of their trade spread in and out because the broker only shows the net profit on their charts.
2. If the average profit is five pips with a 30 pip sl, how many trades will it take to make up one loss? You can't make your stop five pips because it will almost certainly get stopped out just from the normal wobble of the market.
3. retail traders try scalping because it appears to be a way to risk very little money. But over a long term how many trades go bad and the 'house' spread in and out eats you up. It's like a 'friendly' poker game where the house rakes a small percentage off of the antes every hand. The big winner in the game is the host who risks nothing in money.
4/ Most of us started out leaning on some form of crutch like an EA or bought some magic program that was supposed to make us rich without fail. But 90% of us DO fail so you know something is not right in our assessment of the FX market.
5. Most of us also start out without any education in the way the market makers manipulate the market and how to tap into the rules they use to talk to each other. We just want to have a EA to tell us when to push the button. Think about it, all of us would be millionaires several times over.
6. You have to find a legitimate educational site with daily mentoring. It is the cheapest way to be successful in the long term
2. If the average profit is five pips with a 30 pip sl, how many trades will it take to make up one loss? You can't make your stop five pips because it will almost certainly get stopped out just from the normal wobble of the market.
3. retail traders try scalping because it appears to be a way to risk very little money. But over a long term how many trades go bad and the 'house' spread in and out eats you up. It's like a 'friendly' poker game where the house rakes a small percentage off of the antes every hand. The big winner in the game is the host who risks nothing in money.
4/ Most of us started out leaning on some form of crutch like an EA or bought some magic program that was supposed to make us rich without fail. But 90% of us DO fail so you know something is not right in our assessment of the FX market.
5. Most of us also start out without any education in the way the market makers manipulate the market and how to tap into the rules they use to talk to each other. We just want to have a EA to tell us when to push the button. Think about it, all of us would be millionaires several times over.
6. You have to find a legitimate educational site with daily mentoring. It is the cheapest way to be successful in the long term
there i s no such a thing as a safe sys tem or style
Mar 19 2020 at 19:17
akevi posted:
Scalping is risky for those who are just beginners and want to jump without professional knowledge about trading.
Its better to get into scalping after you have enough experience in trading and its methods.
Very true, and also add if it is according to your personality as well you might like fast pace in terms of trading or you play it safe
