New traders love scalping

Nov 15, 2020 at 06:39
4,699 Views
99 Replies
Biedrs kopš   751 ieraksti
Nov 15, 2020 at 06:39
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.
Dec 07, 2020 at 10:43
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
Biedrs kopš   298 ieraksti
Dec 07, 2020 at 11:15
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.
Biedrs kopš   31 ieraksti
Dec 07, 2020 at 11:47
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.
Biedrs kopš   70 ieraksti
Dec 08, 2020 at 12:31
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?
Biedrs kopš   18 ieraksti
Dec 14, 2020 at 11:16
But this is a really profitable, quality approach, especially if you're good at it.
Biedrs kopš   25 ieraksti
Dec 17, 2020 at 12:02
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.
Biedrs kopš   13 ieraksti
Dec 18, 2020 at 06:19
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.
Biedrs kopš   81 ieraksti
Dec 18, 2020 at 07:42
But is scalping profitable for beginners?
Biedrs kopš   16 ieraksti
Dec 19, 2020 at 14:10
calmness in the market is much more important than fast income and constant stress...
Dec 19, 2020 at 17:44
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.
Biedrs kopš   788 ieraksti
Dec 20, 2020 at 02:01
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.
Biedrs kopš   785 ieraksti
Dec 20, 2020 at 05:38
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.
Dec 22, 2020 at 07:51
Jude_craig posted:
But is scalping profitable for beginners?
If done right then yes.
Biedrs kopš   36 ieraksti
Dec 22, 2020 at 08:17
Jude_craig posted:
But is scalping profitable for beginners?
Depends on their skills and strategies.
Biedrs kopš   5 ieraksti
Dec 22, 2020 at 08:23
I do only scalp in the M5 time-frame. The target is only 5 pips.
Trading for a living
Biedrs kopš   35 ieraksti
Dec 23, 2020 at 07:10
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.
Biedrs kopš   74 ieraksti
Dec 23, 2020 at 11:24
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.
Biedrs kopš   28 ieraksti
Dec 23, 2020 at 12:45
It’s not that other trading techniques are more profitable, you will lose money either way.
Biedrs kopš   49 ieraksti
Dec 23, 2020 at 15:11
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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