scalping is risky ?

Scalping is always risky because we never know what the market can do. We are always behind the market steps, but when your stop-loss and take profit is made and the signals are all right scalping can be inzane.

Which time frame is good for scalping ?? And why ??

nikky_488 posted:
Which time frame is good for scalping ?? And why ??

Can't advise in this as I am a starter in scalping.
But most of the mentors are using 5min and 15min timeframes and I am learning also in these timeframes. I am not searching for the ultimate, yous scalp a little before the emotion take control.

This method of trading is actually very good, although I don't stick to one trading style, my trading style is very dynamic with the flow of the market, but I enjoy this method of trading as its parts of my trading strategies.

bungtobing posted:
This method of trading is actually very good, although I don't stick to one trading style, my trading style is very dynamic with the flow of the market, but I enjoy this method of trading as its parts of my trading strategies.

I feel you just plagiarized my worlds.

bungtobing posted:
This method of trading is actually very good

Well not good for all though! One needs some particular traits to be a good scalper.

Depends on experience, scalping is risky if your a beginner and has less experience in trading.

Cause before you go into scalping the rules and trading knowledge is required, limit time and other trading knowledge is required.

Thinking that forex is a simple way to get a lot of money in a shortwhile is the major cause of traders failing and quiting. No one canbet forex is untill they get into it. The ads on youtube will make it seem like a simplse thing like downloading a trading app, creating an account, investing, making predictions, waiting for the trade to end and finally withdrawing the money.

Greed for money is what makes people get into scalping. Who does not want to get money in just a few hours. That idea can be very interesting. Forex is a mind game. if you cannot reason properly then failure is imminent. Desire should be controlled for the safety of everyone. Depression can really kick in when things do not work out as expected.

Forget scalping. The mistake that people make is trading withiut knowledge. hey think that forex is simple and end up losing all their money. This is to the beginners who after watching ads think that they can make a lot of money in forex just like that. Better to learn first then trade later. It pays to be patient.

I am sure that some people did not even understand what scalping is before they opened this thread. If you had no idea what it was then the post is directed to you. You cannot trade without knowledge and expect to get good that do not know better are the ones that do scalping.

magic option: https://magicoption.info

https://magicoption.info/magic-option-la-gi/

At first, when I just started trading, I was scalping with the broker Amarkets, there was no risk in this, and it really helped me.

Xazvier posted:
Depends on experience, scalping is risky if your a beginner and has less experience in trading.

Cause before you go into scalping the rules and trading knowledge is required, limit time and other trading knowledge is required.

I agree on that; scalping may seem more difficult to newbies. Rest, it all depends on skills and knowledge.

Scalping is good strategy for now
But you need to consder trade size and SL to avoid troubles

I think to say scalping holds no risk is very unwise and misinformative for new traders.
All aspects of trading hold some sort of risk, it is ultimately how you manage your risk that defines you as a trader.
I would suggest if you are new to trading or even seasoned and struggling use very tight stops and only risk 2-3% equity while you are learning. Demo trading does not reflect what will happen on a live server due to the fact that variable spreads are not actually variable in demo and if you are using an ECN commissions I have found to vary depending on the broker.
I would look to find a more worthwhile strategy that does not involve entering and exiting the market 29 times for 60 pips and find a strategy that will yield you 60 pips in one trade.

I did make 100.3% profit within my first month scalping as a new trader.
Maybe because this is demo, but I'm looking forward to replicating same or better win ratio on live.

Its something that I am not gonna knock into but, I am figure out about 15 minutes chart and take 2 or maximum 3 trade along with good setup. fundamental news releases is boost for profit potential but require to know about, pattern, or what indicators explain about, where the movement possibly goes to head.