Gingerrogers
Uczestnik z Jul 01, 2020
28 postów
Dec 04 2020 at 12:53
Planning to do only scalping for my future sessions. Strictly need no compromise on:
- Spreads
- Commission charges
- Latency
- Accessibility
Need help in choosing a platform. Only experienced recommendations please.
- Spreads
- Commission charges
- Latency
- Accessibility
Need help in choosing a platform. Only experienced recommendations please.
Holloss Come
(Comeholloss)
Uczestnik z Nov 03, 2020
4 postów
Dec 04 2020 at 18:52
Gingerrogers posted:
Planning to do only scalping for my future sessions. Strictly need no compromise on:
- Spreads
- Commission charges
- Latency
- Accessibility
Need help in choosing a platform. Only experienced recommendations please.
Bonsoir,
Je scalp le DOWJONES tout les après - midis, je serais donc à même de re répondre.
Un courtier de référence sur le sujet: IBKR, qui permet l'utilisation de la plateforme PROREALTIME.
Je l'utilise et peut te confirmer que c'est un excellent choix.
Simple d'utilisation et confortable, ne te restreint pas à notre chère plateforme MT4-5.
Bonne soirée à toi, Bon retour sur les marchés et BON TRADE !!!!! 😎
Silver Nest "Nous connaissons la bonne manière de négocier"
well, with any market you will eventually get a slippage...you should look at futures markets as there i find less slippage than CFD brokers.
Gareylinn509
Uczestnik z Nov 07, 2020
34 postów
Dec 08 2020 at 07:54
Honestly, I like scalping too. The profits are great but there are 3 things that you should consider before starting.
Pay close attention to placing all the trades carefully
Use the right tools for the live feed
Get a direct access broker
Pay close attention to placing all the trades carefully
Use the right tools for the live feed
Get a direct access broker
Harshalmark09
Uczestnik z Nov 07, 2020
15 postów
Dec 08 2020 at 11:26
Why stick to just Scalping? I find it very risky and uncertain. And as far as the broker goes, most of them don’t restrict using any strategy so just pick a respectable one.
Scarymaniak
Uczestnik z Jun 29, 2020
28 postów
Dec 08 2020 at 13:28
Great! Hope you have a strong exit strategy ready for it.
Holloss Come
(Comeholloss)
Uczestnik z Nov 03, 2020
4 postów
Dec 08 2020 at 13:40
I am currently in position on the DJ.
Tarket at 29 930 PIP😎
Tarket at 29 930 PIP😎
Silver Nest "Nous connaissons la bonne manière de négocier"
I tried scalping as a newbie. Ultimately it is a losing strategy and the tension of very short trades will wear you down. Remember there is the problem of the charges of spreads going in and going out (although most trading platforms hide the going out charge). It is hard to scalp with a risk to reward ratio of at least 1 to 2 because your stop losses will be hit frequently because of the normal wobble of the market. And if you add more risk (higher stop losses than your target to prevent that) one maximum loss is hard to make up.
Example: Set a SL for 30 pips and profit taking at 5-8. How many trades with profit of 8 pips will it take to make up for one loss and don't forget to include the spreads in and out????
You are trading against the banks and other big boys like hedge funds. They don't scalp and make lots of money off of scalpers. Their goal is to take your money and they are pros at that, wouldn't you say??? You need to think like them and set a target of 55 pips. Why? That's the minimum target they use. The reason is they use the Fibonacci sequences to signal other big boys and knowledgeable traders what they are doing.
Try trading both ways on a demo account and see which one works over time
Example: Set a SL for 30 pips and profit taking at 5-8. How many trades with profit of 8 pips will it take to make up for one loss and don't forget to include the spreads in and out????
You are trading against the banks and other big boys like hedge funds. They don't scalp and make lots of money off of scalpers. Their goal is to take your money and they are pros at that, wouldn't you say??? You need to think like them and set a target of 55 pips. Why? That's the minimum target they use. The reason is they use the Fibonacci sequences to signal other big boys and knowledgeable traders what they are doing.
Try trading both ways on a demo account and see which one works over time
Scalping is an opportunity for quick income, but long trades bring more income. Do you agree?
first_time
Uczestnik z Jun 22, 2020
77 postów
Dec 18 2020 at 11:57
You can try out MT4/MT5 with Fxview, they have a good trading conditions specially made for scalping. Low commission and tight spreads with instant order execution.
ElliotCooke
Uczestnik z Jul 20, 2020
341 postów
Dec 19 2020 at 13:30
Gareylinn509 posted:Thanx for your advice. I also like scalping. It will help me to make my decisions easily.
Honestly, I like scalping too. The profits are great but there are 3 things that you should consider before starting.
Pay close attention to placing all the trades carefully
Use the right tools for the live feed
Get a direct access broker
Fabiandelph842
Uczestnik z Nov 12, 2020
24 postów
Dec 23 2020 at 10:33
That is great. Scalping is a good strategy and can be quite profitable at times, good luck.
Scalping, if done correctly and with a good strategy, could give you peace of mind having no trades open while you go about your daily activities.
Lastly, Stick to your rules or it could be your biggest failure.
Lastly, Stick to your rules or it could be your biggest failure.
Master your emotions first, you will defeat the markets.
EbonyJones
Uczestnik z Jul 20, 2020
232 postów
Dec 28 2020 at 21:00
The readymade strategy may not suit you. Every trader has different types of trading qualities. So, it is better to customize your strategy if you want to make money from this market.
Jude_craig
Uczestnik z Dec 05, 2020
81 postów
Dec 30 2020 at 06:09
ImanTheTrader posted:
Scalping, if done correctly and with a good strategy, could give you peace of mind having no trades open while you go about your daily activities.
Lastly, Stick to your rules or it could be your biggest failure.
Do you scalp too? Is it profitable?
Hi, I only do scalping in the M5. Only one pair (GBP/USD), with SL = 15 pips e TP = 5 pips.
Trading for a living
Chan
(8christianpaul8)
Uczestnik z Aug 27, 2017
113 postów
Jan 06 2021 at 13:54
@mdundifx are you a consistently profitable scalper? I'd love to hear more of your experience with scalping. I've been testing a couple of strategies so I want to gain more idea.
Trading is a marathon, not a sprint.
robindude
Uczestnik z Dec 11, 2020
110 postów
Jan 16 2021 at 06:55
Would love to know more about scalping and how effective but dangerous it can be for every trader, especially the newbie.
Kazile
Uczestnik z Apr 25, 2020
119 postów
Jan 17 2021 at 13:37
The scalping method in Forex can be based on various strategies that differ in the degree of aggressiveness, methods of analysis, the use of automated assistants for transactions, and other parameters.