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Scalping is good
Členom od Jul 19, 2020
749 príspevkov
Dec 06, 2020 at 08:09
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
Členom od Jan 21, 2021
49 príspevkov
Feb 08, 2021 at 11:26
Scalping is not easy, a person must be good at technical analysis as the time frame is low. New traders should avoid this trading style as it tends them to do over trade and they can lose hard earned money.
Členom od Jan 13, 2021
38 príspevkov
Feb 15, 2021 at 08:37
First of all, you need to remember that there are no universal profitable strategies that suit every trader. You will love scalping if you consider its features:
Členom od Dec 11, 2020
81 príspevkov
Feb 15, 2021 at 11:25
I donot know why beginners try to do scalping when it is been and said that it is very risky and have a higher probability of wiping off your account.
Členom od Jul 20, 2020
286 príspevkov
Feb 15, 2021 at 17:42
Yes, scalping can develop you financially in a very short time if it is possible to trade with a plan and patience.
Členom od Nov 19, 2020
96 príspevkov
Feb 16, 2021 at 05:33
Scalping is a good trading style, but yes needs a lot of skills and learning. I agree that beginners shouldn't go in straight for scalping, should try on other easier trading styles first and then switch may be.
Členom od Dec 15, 2020
16 príspevkov
Feb 16, 2021 at 13:26
That is something I would also like to see.
Členom od Jul 23, 2020
816 príspevkov
Feb 16, 2021 at 17:34
In my opinion, every trading strategy is good. Each strategy has its own weakness and strength.
Členom od Jul 09, 2020
3 príspevkov
Feb 23, 2021 at 11:41
I think beginners should avoid scalp trading in the starting because they have less or no experience of the trading market and they can face loss very easily.
Členom od Jul 19, 2020
742 príspevkov
Feb 24, 2021 at 01:14
Scalping is good but you have to do it by controlling the risk. If you trade risk control, you can get much better results from scalping.
Členom od Feb 07, 2015
24 príspevkov
Feb 24, 2021 at 14:49
BarronLucas posted:
Can a beginner trader profit from scalping? And is it safer than day trading?
Depends on how good you are at either, they'd both be considered strategies.
Some people thrive on scalping, others day trading - try them, find strategies and practice.
Sam.peters@
Členom od Jan 22, 2021
126 príspevkov
Mar 02, 2021 at 16:01
New to trading and you are thinking of scalping? I would suggest you to think twice before doing that, because scalping is very difficult to the point where even some experienced forex brokers do not recommend them. You can try scalping in demo trading and see if you are confident to try that out in real account.
Členom od Sep 12, 2017
232 príspevkov
Mar 23, 2021 at 06:11
it may vary depending on the individual. Scalping had been good for me since the beginning. Never had any such issues but yes it can be complex.
Členom od Dec 28, 2020
167 príspevkov
Mar 24, 2021 at 08:17
UweMoench posted:
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
I believe scalping strategy is a great technique for beginners to apply. It involves opening a position, gaining some pips and then closing the position shortly afterwards. It's also one of the easiest to master.
Členom od Feb 16, 2019
26 príspevkov
Mar 26, 2021 at 11:41
UweMoench posted:
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
I think this is a good point
Členom od Mar 24, 2021
5 príspevkov
Mar 26, 2021 at 11:47
How do people deal with scalping? Most brokers do not allow scalping so what can you do. Are there good brokers that do allow it?
Členom od Mar 25, 2019
20 príspevkov
Apr 08, 2021 at 10:47
scalping feels like guess work at the beginning. thats where newbies go wrong. sometimes forgetting the bigger picture and getting stuck in the m5 chart. 5 pips and out usually for me.
Členom od Jul 20, 2020
385 príspevkov
Apr 10, 2021 at 12:14
Can be risky but it can be very profitable if you stick to a set criteria and rules. I love scalping but it also suits my personality as i like some action lol
Členom od Mar 16, 2021
447 príspevkov
Apr 10, 2021 at 17:52
Scalping is good but I don't like scalping. Because my loss is more when scalping. The reason is emotion. It is impossible to gain profit from that trade if there is emotion.
Členom od Apr 13, 2021
12 príspevkov
Apr 16, 2021 at 11:01
It does take some time to control emotions but it is not impossible to do so, in my experience.
