scalping is risky ?

Sep 10, 2017 at 08:05
12,034 Views
330 Replies
Apr 06, 2018 at 12:09
I would count yourself lucky some people lose thousands from scalping
Biedrs kopš   14 ieraksti
Apr 06, 2018 at 12:10
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky.
Biedrs kopš   1487 ieraksti
Apr 08, 2018 at 06:11
TraderRon posted:
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky.

Also, I know that some brokers directly ban scalping in their terms and conditions, so one should always check for that before singing up.
Biedrs kopš   4 ieraksti
Apr 08, 2018 at 06:16
TraderRon posted:
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky.

I am using OANDA for scalping - avg spread is 1.4 pip.
So far so good - probably my lot size is small.
Biedrs kopš   718 ieraksti
Apr 08, 2018 at 06:39
Wingandprayer posted:
I would count yourself lucky some people lose thousands from scalping

Listen, without proper trading knowledge no one can make money here, whatever trading style he is using that doesn’t mean much.
Biedrs kopš   14 ieraksti
Apr 09, 2018 at 09:59
ocheank posted:
TraderRon posted:
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky.

I am using OANDA for scalping - avg spread is 1.4 pip.
So far so good - probably my lot size is small.
Looks good. Thanks or the info
Biedrs kopš   14 ieraksti
Apr 09, 2018 at 09:59
mlawson71 posted:
TraderRon posted:
Scalping should work only with a good conditions from broker. Fast processing, good spreads. But more often, brokers don't provide good rules for all parameters, so scalping becomes risky.

Also, I know that some brokers directly ban scalping in their terms and conditions, so one should always check for that before singing up.
Sometimes, it can be. Each nice trader should inspect and learn as much as one can before using broker.
Biedrs kopš   12 ieraksti
Apr 09, 2018 at 10:06
How can you make any money scalping with 1.4 pip spread. That's a huge spread.
Biedrs kopš   4 ieraksti
Apr 09, 2018 at 13:44
Chachingggg posted:
How can you make any money scalping with 1.4 pip spread. That's a huge spread.

I think 1.4 pip spread is quite low among the brokers. I have tried few brokers and seem like OANDA is the lowest. Spread for ECN account might be lower than 1 pip, but they normally charge 1 pip for each open position.

I follow Forex-made-E-Z strategy to scalp. I have traded my real account for few months before I started to make some profit.
Biedrs kopš   886 ieraksti
Apr 23, 2018 at 06:53
I have seen on order to my trading experience in spite of a profitable trading policy scalping cannot use in a reputed trading broker, so, we the traders who are particularly scalpers have to choose the broker which for all time permits scalping including lowest trading spreads. Practically despite of good trading knowledge that’s not possible at all to make profit with certainly by scalping without lowest trading spreads. so, we scalpers have to be careful when choosing a broker.
Biedrs kopš   17 ieraksti
Apr 26, 2018 at 12:22
. . . only if one is a beginner, if one keeps repeating the mistakes in other trading system, if one doesn't want to plan, if one can't handle heavy losses.

Scalping never suits for beginners with zero knowledge. If someone from beginner made profits recently through scalping, my best advice is ESCAPE NOW! Predictable earthquake is coming up.
Biedrs kopš   522 ieraksti
Apr 26, 2018 at 14:59
NoahMartin posted:
. . . only if one is a beginner, if one keeps repeating the mistakes in other trading system, if one doesn't want to plan, if one can't handle heavy losses.

Scalping never suits for beginners with zero knowledge. If someone from beginner made profits recently through scalping, my best advice is ESCAPE NOW! Predictable earthquake is coming up.

Agree with you - many beginners try to scalp the market and 99.9% in cases they are scalping by themselves :)
Biedrs kopš   4862 ieraksti
Apr 27, 2018 at 07:46
Before you trade you must have trading plan including
- trade enter and exit
- broker suitable for execution

If your trading plan works for you, trade it. No matter how the fools call it.
If it does not work change it and go back to the beginning.
Biedrs kopš   17 ieraksti
Apr 27, 2018 at 12:32
togr posted:
Before you trade you must have trading plan including
- trade enter and exit
- broker suitable for execution

If your trading plan works for you, trade it. No matter how the fools call it.
If it does not work change it and go back to the beginning.

Perfect! (y)
Biedrs kopš   994 ieraksti
Apr 30, 2018 at 06:14
togr posted:
Before you trade you must have trading plan including
- trade enter and exit
- broker suitable for execution

If your trading plan works for you, trade it. No matter how the fools call it.
If it does not work change it and go back to the beginning.

Well said, really trading plan is very much important parameter here; but a number of traders can follow their trading plan so honestly! They avoid their plan after facing a couple of SL or TP. That’s the problem.
Biedrs kopš   4862 ieraksti
Apr 30, 2018 at 08:16
Adribaasmet posted:
togr posted:
Before you trade you must have trading plan including
- trade enter and exit
- broker suitable for execution

If your trading plan works for you, trade it. No matter how the fools call it.
If it does not work change it and go back to the beginning.

Well said, really trading plan is very much important parameter here; but a number of traders can follow their trading plan so honestly! They avoid their plan after facing a couple of SL or TP. That’s the problem.

yeah that is common mistake,
but nobody can trade successfully based on feelings or estimation.
Biedrs kopš   886 ieraksti
May 04, 2018 at 05:51
There is no any trading technique which does not take at any risk with scalping. If you have a great plan and know how to manage money, of course there is a possibility to get maximal result by using any kinds of strategy. It totally depends on you
Biedrs kopš   32 ieraksti
Jun 08, 2018 at 13:21

FX market is all about the risk and reward like any other business, so have the required knowledge and the experience of what you do . And scalping is risky if it is done blindly. Identify the trend first if you want to make profit from scalping. So do not play blind as a little profit making trade can take a huge part of your balance if the strategy is not followed properly.
Jun 09, 2018 at 09:44
We can look for high probability scalping trades, I use it when I see the opportunities, its part of the tool kit not just sticking to one thing.
"They mistook leverage with genius".
Biedrs kopš   886 ieraksti
Jun 09, 2018 at 12:25
From all trading strategies scalping is more profitable that brings profit in a short time. but in spite of a profitable trading policy scalping cannot use in a regulated trading broker practically. So, we the traders who are particularly scalpers have to choose the broker which for all time ensures best trading environment for scalping by providing lowest trading spreads including minimum margin requirements.
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