Why has the scalping topic started to come up so often lately? I hear about it everywhere. Another round of popularity, although this is biased. Scalping theories are highly dependent on market behavior. And as soon as it changes, the system immediately loses its position.
Sallem posted: I don't know, guys. I don't like the very essense of scalping, like lots of fuss for several pips, sitting all day long before the computer and watching charts. That is not my cup of tea.
It is not necessarily about scalping and what do you mean by conquering forex market? I think that it is better to trade longer than scalping with bigger lots. Thus you will be more responsible for your decisions and they will be more accurate and safer.
We need to realise that scalping isn't the only strategy in forex trading. I have been using day trading strategy for a while now and it has made me more profits than scalping ever would . Moreover to become a forex market conqueror a person should be a smart trader not a static one.
Scalping can be really profitable for some traders, but I think experience and knowledge about overtrading and other things can influence chances of success. I know a few people who hate scalping and therefore they use different strategies and other strategies while my other friends swear by scalping and they do very well. I think it all depends on various factors.
It's pretty easy actually, in case you know what to do. The vast majority of people who want to become a market conquerors, they're novices and it will be the most difficult task for them. It's not easy at all in case you're a beginner. You have to dedicate lots of time to the process of learning and practicing. I can advice you only thing. Never regret of missing things, never think that you understand the market, it's not like that and never believe that you can easily earn money here. Just learn and practice as much as you can.
It's important to understand the basics of Forex trading before you start to invest your money. To become a conqueror of the Forex market, you must learn how to read charts and understand the trends. You should also familiarize yourself with the different types of orders. It will give you a better insight into the forex trading process.
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