Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Scalping
Mohammadi

Medlem sedan Aug 11, 2017  336 poster Mohammadi May 20 at 10:45
Scalping contains huge risk even though it brings profit very rapidly, and for using this approach you have to choose the broker which allows trading concept such as this; generally so many brokers don’t allow scalping and hedging in their platform. So, be careful when choosing a broker.

Adribaasmet

Medlem sedan Aug 27, 2017  331 poster Adribaasmet May 21 at 07:09
Yes, I see! But, till now there have enough numbers of broker who are allowing scalping trading system. By the way, trading without proper knowledge is always risky.

v1439

Medlem sedan Sep 27, 2015  2 poster vgb (v1439) May 21 at 07:26
Does OANDA allow scalping?

BaldoN

Medlem sedan Feb 12, 2016  522 poster Baldo (BaldoN) May 22 at 14:36
Brokers does not allowing scalping means either a market makers or their software is not suitable for that purposes. In both cases would be good to stay aside from them :)

AmDiab

Medlem sedan Apr 18, 2017  276 poster AmDiab May 23 at 06:28
BaldoN posted:
Brokers does not allowing scalping means either a market makers or their software is not suitable for that purposes. In both cases would be good to stay aside from them :)


I don’t think so, because I see there have so many good Forex brokers who also don’t allow scalping trading.

BaldoN

Medlem sedan Feb 12, 2016  522 poster Baldo (BaldoN) May 23 at 12:58
AmDiab posted:
BaldoN posted:
Brokers does not allowing scalping means either a market makers or their software is not suitable for that purposes. In both cases would be good to stay aside from them :)


I don’t think so, because I see there have so many good Forex brokers who also don’t allow scalping trading.


Then what would be the reason those good forex brokers to disallow scalping - if they are not market makers or their infrastructure is not well equipped?
The market makers would prohibit any trading strategy that takes out money from their pocket. That would mean those brokers either will not be able to cover (hedge) scalping flow with their Prime Brokers or the Prime Brokers itself define that flow as toxic and request to disable scalping account or if it FIX API connected to cut the connectivity. In either case I believe those forex brokers cannot be defined as good! :)

niceGLer

Medlem sedan Dec 28, 2013  50 poster niceGLer May 24 at 06:17
There is a need for defining what is meant by scalping. There is a lot of confusion regarding this. In my opinion scalping is practiced on tick level and/or in 1min and probably even 5min chart. It is essential for scalping having a low spread account. This excludes most of the market making brokers. I think the spread should be smaller than 0.5 pips - the lower the better. Technical indicators are of no use, with an exclusion of a couple of SMAs.
If the trade is not working on traders' direction the trade is going to be closed. One can understand that if most of the wins are around 1 pips there is no use paying high spreads or commissions. Spread overshadows those tiny wins, which are concealed between bid and ask levels.

Scalping is NOT having a huge stop loss level in order to gain a couple of pips. That is gambling.


togr

Medlem sedan Feb 22, 2011  3977 poster vontogr (togr) May 24 at 09:57
niceGLer posted:
There is a need for defining what is meant by scalping. There is a lot of confusion regarding this. In my opinion scalping is practiced on tick level and/or in 1min and probably even 5min chart. It is essential for scalping having a low spread account. This excludes most of the market making brokers. I think the spread should be smaller than 0.5 pips - the lower the better. Technical indicators are of no use, with an exclusion of a couple of SMAs.
If the trade is not working on traders' direction the trade is going to be closed. One can understand that if most of the wins are around 1 pips there is no use paying high spreads or commissions. Spread overshadows those tiny wins, which are concealed between bid and ask levels.

Scalping is NOT having a huge stop loss level in order to gain a couple of pips. That is gambling.



Scalping actually does not depend on timeframe, you can scalp just by using prices.
It is however short term trade aimed to take few pips of profit.

I like what I trade, I trade what I like
Adribaasmet

Medlem sedan Aug 27, 2017  331 poster Adribaasmet May 31 at 05:51
togr posted:
niceGLer posted:
There is a need for defining what is meant by scalping. There is a lot of confusion regarding this. In my opinion scalping is practiced on tick level and/or in 1min and probably even 5min chart. It is essential for scalping having a low spread account. This excludes most of the market making brokers. I think the spread should be smaller than 0.5 pips - the lower the better. Technical indicators are of no use, with an exclusion of a couple of SMAs.
If the trade is not working on traders' direction the trade is going to be closed. One can understand that if most of the wins are around 1 pips there is no use paying high spreads or commissions. Spread overshadows those tiny wins, which are concealed between bid and ask levels.

Scalping is NOT having a huge stop loss level in order to gain a couple of pips. That is gambling.



Scalping actually does not depend on timeframe, you can scalp just by using prices.
It is however short term trade aimed to take few pips of profit.


But, maximum traders are comfortable with the lower time, at least for entry & exit point.

Vänligen logga in för att kommentera.
FOMC Member Bostic speech (12h 51min)
Trader fatigue sets in but the the Sun a...(36 min ago)
EURUSD 1.15154 GBPUSD 1.3066
USDJPY 112.542 USDCAD 1.3103

Tools

Community

Recensioner

Mäklare

Plattform

Hjälp


Twitter |  Facebook |  Sitekarta  |  Villkor  |   Privacy Policy
©2018 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.