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What is fast forex scalping?

Ericdier752
Jan 28 2021 at 07:21
59 โพสต์
I am new to trading. About to initiate scalping. Is there a thing called quick scalping?
What do you recommend?
Halexpark899
Feb 03 2021 at 04:55
25 โพสต์
Remember to look at 3 important things:
Small profit margins

Short positions

High leverage

And forget about 15 minute time frames. Use only 1 and 5 min
Darrensmith
Feb 03 2021 at 06:27
37 โพสต์
Scalping is in essence quick. So I don’t know if there is a separate kind of scalping that I am not aware of :)
lovefortrading (perryjohn765)
Feb 03 2021 at 07:04
238 โพสต์
not sure what you exactly mean by that. scalping means entering and exiting the market quickly with small profits.
LyudmilLukanov
Feb 03 2021 at 07:33
869 โพสต์
Scalping is a short time trading strategy that requires only a couple of minutes to trade. They execute several trades for small pips in each trade.
Tradelist45
Feb 03 2021 at 07:54
298 โพสต์
we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.  its a very dedicated decision. 
forextrader777
Feb 03 2021 at 12:35
133 โพสต์
Scalping itself means that you are making quick profits by taking short positions. There is nothing like quick scalping.

LeviSievwright5
Feb 04 2021 at 01:53
298 โพสต์
It doesn't matter what strategy you use. But you can't put pressure on the investment. That's how you need to create your trading plan.
Dictiony
Feb 04 2021 at 02:05
231 โพสต์
Scalping is a quick way of making a profit and mostly new traders adopt it at the beginning of their trade.
Ericdier752
Feb 04 2021 at 06:20
59 โพสต์
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
lovefortrading (perryjohn765)
Feb 04 2021 at 06:33
238 โพสต์
Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
it depends. it can be 15. for me its 1 and 5. sometimes i quickly enter and exit for that i generally see the 1 and 5mins..it works for me
Darrensmith
Feb 04 2021 at 06:58
37 โพสต์
Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.
Ericdier752
Feb 04 2021 at 07:07
59 โพสต์
perryjohn765 posted:
not sure what you exactly mean by that. scalping means entering and exiting the market quickly with small profits.
Got it! Got things mixed up, thanks anyway.
Ericdier752
Feb 04 2021 at 07:13
59 โพสต์
LyudmilLukanov posted:
Scalping is a short time trading strategy that requires only a couple of minutes to trade. They execute several trades for small pips in each trade.
How many trades on average? Say in a single day?
Ericdier752
Feb 04 2021 at 07:14
59 โพสต์
Tradelist45 posted:
we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.  its a very dedicated decision. 
What broker are you using?
Mohammadi
Feb 04 2021 at 10:10
886 โพสต์
Pin bar is really popular but not for beginners, it is especially for the senior traders who are able to predict the real faction of this market with certainly by means of candlestick. According to me , who are able to make profit consistency by using this pin bar trading strategy , only they are professional in Forex.
tracepharikson55
Feb 04 2021 at 11:42
21 โพสต์
Darrensmith posted:
Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.
Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.
Ericdier752
Feb 05 2021 at 06:19
59 โพสต์
tracepharikson55 posted:
Darrensmith posted:
Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?
I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.
Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.
Can you suggest any?
Ericdier752
Feb 05 2021 at 07:43
59 โพสต์
LeviSievwright5 posted:
It doesn't matter what strategy you use. But you can't put pressure on the investment. That's how you need to create your trading plan.
I am not planning on initially using a big amount, if that’s what you mean.
Ericdier752
Feb 05 2021 at 07:45
59 โพสต์
Dictiony posted:
Scalping is a quick way of making a profit and mostly new traders adopt it at the beginning of their trade.
Because it can be done using small capital right?!
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