LeonRocky3
Uczestnik z Jan 13, 2021
29 postów
Jan 27 2021 at 19:59
Yes I agree I do see a lot of people scalping
With scalping should be enough spa, you first need to learn its nuances to start trading.
Bradley88 posted:Be careful with brokers that offer zero pip spreads. They are in business to make money. If they cannot make it in the spread then you can guarantee they are making it somewhere else. Unfortunately, the way they usually do this is by taking the other side of your trades. They know that statistically 80% to 90% of new traders lose most or all their trading capital within the first 90 days.
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.
If you could run a business where you knew that you could take most or all of someones capital within 3 months simply by winning when they are losing (that's what happens when you lose on a trade and the broker is on the other side of that trade), would that not be a no-brainer? The fact that it is unethical and unfair does not even register with most of these brokers.
Therefore, I would recommend that you stay away from brokers that offer zero pip spreads due to the conflict of interest this situation entails. They will try to hide the fact that they so this by various means (setting up an intermediary company, for example) or simply mislead you with a claim of offering STP (Straight Through Processing) without clarifying that they also have a 'Dealing Desk' (which they use to 'facilitate liquidity' - broker speak for winning when you lose).
There's a lot of sharks out there, be careful that you don't get eaten.
Happy Trading!
Start with EQUITY MANAGEMENT
SofieAndreasen
Uczestnik z Jul 23, 2020
759 postów
Feb 03 2021 at 07:44
LeonRocky3 posted:New traders often prefer to trade with this kind of strategy. But I don’t think it is suitable for them.
Yes I agree I do see a lot of people scalping
Imamul
Uczestnik z Aug 09, 2017
757 postów
Feb 03 2021 at 08:51
scalping iis a trading approach that brings profit in a short time , generally we the beginners always try to depend on scalping. but sometimes it causes a GREAT risk.
Is it safe for beginners to enter into trading with lower capital investments?
Adribaasmet
Uczestnik z Aug 27, 2017
994 postów
Feb 04 2021 at 13:20
sometimes scalping causes huge trouble but overall its really good and comfortable for the traders who above have low amounts.
triticieek
Uczestnik z Dec 18, 2020
35 postów
Mar 04 2021 at 12:16
Yes, that’s right and they also think it is easy for making money. But I’ve read it on most platforms that it is only for experts.
cameronstanley
Uczestnik z Dec 16, 2020
18 postów
Mar 11 2021 at 10:34
That is right. But it is also risky for them to scalp to begin with. The profits are quick but it takes some time to get better at scalping.
Jude_craig
Uczestnik z Dec 05, 2020
81 postów
Mar 11 2021 at 10:51
Alberncon posted:Yes, its actually wise to start with a low capital first since beginners dont have much experience, so slow and steady is the key. As you gain experience, you can increase your capital.
Is it safe for beginners to enter into trading with lower capital investments?
New traders prefer scalping because it is one of the quickest methods to make profits, and new traders do it by just predicting and not using any actual forex knowledge, which is why they end up blowing their accounts and stop trading.
klosspiece
Uczestnik z Dec 22, 2020
45 postów
Mar 24 2021 at 11:49
Yes, the profits from scalping can be quick but it is equally risky to use this strategy, especially for beginners.
marionharrington
Uczestnik z Jan 01, 2021
10 postów
Mar 31 2021 at 10:25
Yes, the profits are rather quick to make but scalping is also a difficult strategy to work on especially for beginners. They should be careful with trading on high volumes at first.
New traders love scalping because scalping is one of the quickest methods to earn profit within minutes, but it also comes with certain risks involved; if not careful, newbies can end up blowing their accounts.
RobSchiz
Uczestnik z Mar 25, 2021
567 postów
Mar 31 2021 at 15:59
lucasser posted:Yes. But scalping is a risky method. Without knowledge, it can be dangerous.
New traders prefer scalping because it is one of the quickest methods to make profits, and new traders do it by just predicting and not using any actual forex knowledge, which is why they end up blowing their accounts and stop trading.
Rococo_XVII
Uczestnik z Mar 31, 2021
106 postów
Mar 31 2021 at 18:22
I agree. For newbies it is easy to trade with scalping. Because it is easy. But at the same time it is easy to lost your capital from these little lossess to big one.
That is why I do not prefer scalping.
That is why I do not prefer scalping.
Think thrice before opening an order
Tremblay
Uczestnik z Feb 23, 2021
330 postów
Jul 06 2021 at 16:27
Rococo_XVII posted:Yes. You are right.
I agree. For newbies it is easy to trade with scalping. Because it is easy. But at the same time it is easy to lost your capital from these little lossess to big one.
That is why I do not prefer scalping.
RobertFerrari
Uczestnik z Aug 15, 2021
415 postów
Nov 24 2021 at 07:05
Rococo_XVII posted:Scalping can be diufficult for the new traders if they have no proper knowledge.
I agree. For newbies it is easy to trade with scalping. Because it is easy. But at the same time it is easy to lost your capital from these little lossess to big one.
That is why I do not prefer scalping.
CraigMcG2020
Uczestnik z Jul 20, 2020
399 postów
Nov 24 2021 at 08:01
marionharrington posted:
Yes, the profits are rather quick to make but scalping is also a difficult strategy to work on especially for beginners. They should be careful with trading on high volumes at first.
Agree with this and i think you have to be okay with losing often too and have the mentality to deal with the fast losses and fast wins. It can be easier said than done sometimes