Ericdier752
Biedrs kopš
59 ieraksti
Jan 28 2021 at 07:21
I am new to trading. About to initiate scalping. Is there a thing called quick scalping?
What do you recommend?
What do you recommend?
Halexpark899
Biedrs kopš
25 ieraksti
Feb 03 2021 at 04:55
Remember to look at 3 important things:
Small profit margins
Short positions
High leverage
And forget about 15 minute time frames. Use only 1 and 5 min
Small profit margins
Short positions
High leverage
And forget about 15 minute time frames. Use only 1 and 5 min
Darrensmith
Biedrs kopš
37 ieraksti
Feb 03 2021 at 06:27
Scalping is in essence quick. So I don’t know if there is a separate kind of scalping that I am not aware of :)
lovefortrading
(perryjohn765)
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238 ieraksti
Feb 03 2021 at 07:04
not sure what you exactly mean by that. scalping means entering and exiting the market quickly with small profits.
LyudmilLukanov
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869 ieraksti
Feb 03 2021 at 07:33
Scalping is a short time trading strategy that requires only a couple of minutes to trade. They execute several trades for small pips in each trade.
Tradelist45
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327 ieraksti
Feb 03 2021 at 07:54
we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this. its a very dedicated decision.
LeviSievwright5
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298 ieraksti
Feb 04 2021 at 01:53
It doesn't matter what strategy you use. But you can't put pressure on the investment. That's how you need to create your trading plan.
Dictiony
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231 ieraksti
Feb 04 2021 at 02:05
Scalping is a quick way of making a profit and mostly new traders adopt it at the beginning of their trade.
Ericdier752
Biedrs kopš
59 ieraksti
Feb 04 2021 at 06:20
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
lovefortrading
(perryjohn765)
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238 ieraksti
Feb 04 2021 at 06:33
Ericdier752 posted:it depends. it can be 15. for me its 1 and 5. sometimes i quickly enter and exit for that i generally see the 1 and 5mins..it works for me
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
Darrensmith
Biedrs kopš
37 ieraksti
Feb 04 2021 at 06:58
Ericdier752 posted:I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
Ericdier752
Biedrs kopš
59 ieraksti
Feb 04 2021 at 07:07
perryjohn765 posted:Got it! Got things mixed up, thanks anyway.
not sure what you exactly mean by that. scalping means entering and exiting the market quickly with small profits.
Ericdier752
Biedrs kopš
59 ieraksti
Feb 04 2021 at 07:13
LyudmilLukanov posted:How many trades on average? Say in a single day?
Scalping is a short time trading strategy that requires only a couple of minutes to trade. They execute several trades for small pips in each trade.
Ericdier752
Biedrs kopš
59 ieraksti
Feb 04 2021 at 07:14
Tradelist45 posted:What broker are you using?
we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this. its a very dedicated decision.
Mohammadi
Biedrs kopš
886 ieraksti
Feb 04 2021 at 10:10
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.
tracepharikson55
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21 ieraksti
Feb 04 2021 at 11:42
Darrensmith posted:Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.Ericdier752 posted:I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
Ericdier752
Biedrs kopš
59 ieraksti
Feb 05 2021 at 06:19
tracepharikson55 posted:Can you suggest any?Darrensmith posted:Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.Ericdier752 posted:I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
Ericdier752
Biedrs kopš
59 ieraksti
Feb 05 2021 at 07:43
LeviSievwright5 posted:I am not planning on initially using a big amount, if that’s what you mean.
It doesn't matter what strategy you use. But you can't put pressure on the investment. That's how you need to create your trading plan.
Ericdier752
Biedrs kopš
59 ieraksti
Feb 05 2021 at 07:45
Dictiony posted:Because it can be done using small capital right?!
Scalping is a quick way of making a profit and mostly new traders adopt it at the beginning of their trade.