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scalping is risky ?

pipsmaster1
Apr 05 2018 at 07:54
1 postów
Admoni posted:
I have seen according to my trading experience the newcomers always looking for scalping strategy that brings profit in a short time than others techniques , but scalping sometimes causes a great losses if you don’t make sure lowest trading spreads. So for scalping first of all please make sure most comfortable trading spreads.


me either. I lost $500 for scalping

Wingandprayer
Apr 06 2018 at 12:09
13 postów
I would count yourself lucky some people lose thousands from scalping

TraderRon (TraderRon)
Apr 06 2018 at 12:10
14 postów
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.

mlawson71
Apr 08 2018 at 06:11
1487 postów
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.

ocheank (ocheank)
Apr 08 2018 at 06:16
4 postów
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.

AmDiab
Apr 08 2018 at 06:39
718 postów
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.

TraderRon (TraderRon)
Apr 09 2018 at 09:59
14 postów
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

TraderRon (TraderRon)
Apr 09 2018 at 09:59
14 postów
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.

Chachingggg
Apr 09 2018 at 10:06
12 postów
How can you make any money scalping with 1.4 pip spread. That's a huge spread.

ocheank (ocheank)
Apr 09 2018 at 13:44
4 postów
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.

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