scalping is risky ?

Euro can be profitable by scalping if you have good money management, otherwise by using euro that’s not possible to get maximal result by scalping that brings profit in a short time.

What strategy you use for scalping on euro? I tried scalping with momentum but lost a lot

HumbertB posted:
What strategy you use for scalping on euro? I tried scalping with momentum but lost a lot

Price Action; even that’s the strategy that I’m also using for long term trading like swing & position trading.

Pin bar is really popular but not for beginners, it is especially for the senior traders who are able to predict the real faction of this market with certainly by means of candlestick. According to me , who are able to make profit consistency by using this pin bar trading strategy , only they are professional in Forex.

Imamul posted:
Pin bar is really popular but not for beginners, it is especially for the senior traders who are able to predict the real faction of this market with certainly by means of candlestick. According to me , who are able to make profit consistency by using this pin bar trading strategy , only they are professional in Forex.

Exactly; blind trading is costly here! Traders need to use this type of bar according to the context; without the context where is no value of any particular trade setup.

Kenkatzia posted:
Every trading technique is risky and can make you lose a lot,nough about trad esecially if you've not learnt enough concerning scalping. Though it can also give you so much profit in a very short time you should check with your broker first to know if they accept scalping

Agree with you; there is nothing like easy way of money making; whatever trading style you are using, you are in a risk. But we can reduce the risk % according to the MM rules besides; increase the success ratios based on our knowledge & experience.

success on scalping strategy or other something, completely depends on which money management you have , without MM there is no trading approach which works accurately.

Yes I have seen according to my trading experience, in spite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So, we the traders who are particularly scalpers have to choose the broker that always ensures best trading environment for scalping by providing lowest trading spreads as well as minimum margin requirements.

According to me, If you love scalping should choose the broker which allows trading concept such as this. Actually scalping success on the lowest trading spreads currency pair. So we the scalpers have to choose the currency pair which has lowest trading spreads. Otherwise that’s not possible at all to make profit with certainly by scalping.

my advise is scalping is for specialists
because you trade against the big market makers
with theire HFT algo rytmes .
 who wipe out a lot off retail traders theire accounts.
also lot off brokers adept their slipage,spreads en data speed
al to make it difficult to make money
myself i dont scalp .
even with money management .
for the reason to risky .

scalping is something u do just for 1 or 2 days,it is not profitable in the long run

There is no need to take risk on scalping. Swing trade is better with better win rate, risk :reward and everything. No bother with scalping it is for gambler

What stop loss do you use? What scalping goal. If you use a 10 pip goal and a ten pip stop, then you can figure out the percentage of wins you must have in order to be profitable, always allowing for the spread in and out.

The next thing is why you make a trade that is short of long. If you have a valid reason for a trade based on some technical reason or target, then you should look for longer trades than a scalp of 5 to 10 pips.

It's not all about the spread and the pips and the time frame however; I found it was a very stressful method of trading. You have to be sitting on your trade all the time and watching the tick of a time frame that may be very short can drive you nuts.

generally we the traders select our trading target according to our knowledge and experience , i have seen our target fall when it not realistic, over target always make us greedy and emotional.  so it is more appropriate to ensure practical trading target.  

Prakon posted:
There is no need to take risk on scalping. Swing trade is better with better win rate, risk :reward and everything. No bother with scalping it is for gambler

But; swing trading wouldn’t be suitable to all; as you know, for doing long term trading; traders need a heavy trading equity; but I see, retail traders are comfortable with short-term trading as like scalping.

Adribaasmet posted:

Prakon posted:
There is no need to take risk on scalping. Swing trade is better with better win rate, risk :reward and everything. No bother with scalping it is for gambler

But; swing trading wouldn’t be suitable to all; as you know, for doing long term trading; traders need a heavy trading equity; but I see, retail traders are comfortable with short-term trading as like scalping.

if equity is the problem . then trade with micro lots to start en building your account slowly up .

parish posted:

Adribaasmet posted:

Prakon posted:
There is no need to take risk on scalping. Swing trade is better with better win rate, risk :reward and everything. No bother with scalping it is for gambler

But; swing trading wouldn’t be suitable to all; as you know, for doing long term trading; traders need a heavy trading equity; but I see, retail traders are comfortable with short-term trading as like scalping.

if equity is the problem . then trade with micro lots to start en building your account slowly up .

What would be the realistic monthly gain with swing trading? I see as a biggest problem with scalping that it is so time consuming, and requires constant attention. It seems that it is not intended for those who have a day job or a family.

parish posted:

Adribaasmet posted:

Prakon posted:
There is no need to take risk on scalping. Swing trade is better with better win rate, risk :reward and everything. No bother with scalping it is for gambler

But; swing trading wouldn’t be suitable to all; as you know, for doing long term trading; traders need a heavy trading equity; but I see, retail traders are comfortable with short-term trading as like scalping.

if equity is the problem . then trade with micro lots to start en building your account slowly up .

In addition to this I would mention thar there are brokers with cent accounts. That means, one can trade even smaller than microlots.

niceGLer posted:

parish posted:

Adribaasmet posted:

Prakon posted:
There is no need to take risk on scalping. Swing trade is better with better win rate, risk :reward and everything. No bother with scalping it is for gambler

But; swing trading wouldn’t be suitable to all; as you know, for doing long term trading; traders need a heavy trading equity; but I see, retail traders are comfortable with short-term trading as like scalping.

if equity is the problem . then trade with micro lots to start en building your account slowly up .

What would be the realistic monthly gain with swing trading? I see as a biggest problem with scalping that it is so time consuming, and requires constant attention. It seems that it is not intended for those who have a day job or a family.

there is no limit on gains % it al depends on your skills en trade account equity on it .
 for me now i Take A +- 10% by week for the moment .
off course i have a regular open stand orders of+- 10
on different currency 's
you can trade with
 micro lot of 0.001