Scalping is good

I wouldn't call scalping neither good nor bad. It is ust a certain type of trading which is suitable for some traders and brings them profits. It is up to everyone to decide whether they can do scalping or not. I prefer long-term trading because I don't like sitting before the computer screen all day long and follow the charts attentively.

Scalping is great I think, because despite the fact that scalping increases your risks, you potentially can earn much more money than in another trading type. I believe that it's pretty hard to learn how to scalp properly, because often, traders dump their deposits even if they comply with risk management and money management practices. There is another technique in scalping, hence I wouldn't advice novices to try to scalp. It's just a waste of time and money for them. However, if you're skilled enough in trading activity and want to try something new which has much more risks, then you can try to scalp.

Kerokkel posted:
Scalping is great I think, because despite the fact that scalping increases your risks, you potentially can earn much more money than in another trading type. I believe that it's pretty hard to learn how to scalp properly, because often, traders dump their deposits even if they comply with risk management and money management practices. There is another technique in scalping, hence I wouldn't advice novices to try to scalp. It's just a waste of time and money for them. However, if you're skilled enough in trading activity and want to try something new which has much more risks, then you can try to scalp.

Yes, scalping is good for making quick money but this strategy is very risky. This requires money management and risk management.

There shouldn't be any financial concepts which can be described as good or bad, because these words reflect our attitiude to this or that thing which include emotions. As we all know, emotions should be excluded from our perception of the markets. Can you make money with the help of scalping on the forex market? Yes, of course, you can. However, there are other strategies which may be more suitable for you.

‌Yes, If you know what you're doing. Scalping is one of the most common trading styles. Many people are confused by scalping because they don't understand it fully. The main thing to understand is that, unlike day trading, scalping is about the minute movements in the market. It's more of a momentum play than anything else.

If a strategy suits the trader’s personality then it’s good for him. We can’t say that one strategy is good and everyone can profit from it. Scalping requires attentiveness to spot opportunities, quick decisions, constantly monitoring the screens and a stamina to execute a number of small trades. If done properly a trader can make many small gains.

Scalping can be very profitable for traders who decide to use it as a primary strategy, or even those who use it to supplement other types of trading. Adhering to the strict exit strategy is the key to making small profits compound into large gains.21-Aug-2021

@AliForexTalks Any strategy can be profitable if used properly but scalping can give quick money. For newbies scalping is not a good idea. It leads to over trading.

Scalping is possible Quite profitable For traders who use it as a primary strategy or even to supplement other trading strategies.

Need more of a sample there I'd say. Let's see how it's doing after 1000 trades

Scalping is fine if you are okay with sitting all day long before your computer and looking at charts. However, I don't like this kind of life and prefer to trade long term in order to spend more time on myself and my family. I do analyse the market and make trading plans but I can spend time more interestingly.

RobertFrank posted:
Scalping is possible Quite profitable For traders who use it as a primary strategy or even to supplement other trading strategies.

You need to learn properly before scalping.

I feel it's recommendable to the ones who have experience in trading. Scalping requires a lot of planning and concentration. A trader should have gone through several trades to make scalping work for him, which is not possible for a newbie.

Scalping is good, but not all traders like scalping and are suitable with scalping, this is short term trading, need high concentration to the market because missing one opportunity will losing good chances to make a profit, but now there is so many scalping robots used for automatic trading, the trader only needs to manual monitoring and do something when needed.

@Unellene Yes scalping is not good for everyone. Usually scalping is done in lower time frame. And in lower time frame, market always in chaos. It needs good trading psychology to trade there.

Scalping can never be the ultimate strategy, and I don't see anything special about this strategy. It has been my experience that these kinds of promising strategies will ultimately cause you to lose your investment after causing you a lot of frustration. In this strategy, you will use at least two indicators together, the signal will not be fast, and the forex traders will have to wait on the chart for so long before getting a signal at all.

I do believe that scalping can be used successfully during low volatility period. I scalp the market and other people can do same with the right strategy. However, it is easier when your scalping strategy is automated.

Nobody said it was easy, it's hard....

For sure scalping can be hard but once again you need to choose a style that suits your personality. I personally like it because i dont mind losses and small profits others this doesnt sit well with them but i dont like swing trading as the movement uneases me over weeks and months. So key to align your strategy with your mentality