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New traders love scalping
Member Since Feb 16, 2022
63 posts
Member Since Jun 26, 2020
327 posts
Sep 06, 2022 at 06:48
Member Since Mar 24, 2022
56 posts
The idea of making profits from numerous short trades taking advantage of the volatility is quite enticing! But, sadly, most newbies fail in this process. Scalping is actually carried out within a matter of a few seconds. It requires quick analysis and decision making which most beginners can’t do because of the lack of experience. This is why I think traders should never start with scalping.
Member Since Aug 17, 2022
80 posts
Member Since Jun 26, 2020
327 posts
Member Since May 19, 2020
438 posts
Sep 21, 2022 at 12:28
Member Since May 19, 2020
438 posts
Beginners love scalping not because it is a quick profit, but because scalping strategies are auto trading. Beginners like that they can turn on the EA and do nothing. But this illusion quickly deprives them of capital.
@Marcellus8610
Sep 23, 2022 at 11:44
Member Since Sep 14, 2022
40 posts
MarcellusLux posted:Can you please give me some insights on scalping strategies as auto trading because I always do scalping manually and would like to know more on this. How did you come up with auto-trading in scalping?
Beginners love scalping not because it is a quick profit, but because scalping strategies are auto trading. Beginners like that they can turn on the EA and do nothing. But this illusion quickly deprives them of capital.
Member Since May 19, 2020
438 posts
Sep 23, 2022 at 17:32
Member Since May 19, 2020
438 posts
leon90 posted:First of all, I would like to make a clarification, my post could be misunderstood. In my opinion manually scalping with huge amount of trades is possible but not rational. However, I suppose you can tell more about scalping than me if you are a trader using this strategy. I do not use scalping strategies and have never developed such strategies. I would love to see an example of your manual scalping trading.MarcellusLux posted:Can you please give me some insights on scalping strategies as auto trading because I always do scalping manually and would like to know more on this. How did you come up with auto-trading in scalping?
Beginners love scalping not because it is a quick profit, but because scalping strategies are auto trading. Beginners like that they can turn on the EA and do nothing. But this illusion quickly deprives them of capital.
Well, you can find an example of an EA in the section https://www.myfxbook.com/community/trading-systems
there are good examples here.
@Marcellus8610
Member Since Feb 16, 2022
63 posts
Member Since Jul 23, 2020
869 posts
Sep 29, 2022 at 17:29
Member Since Jul 23, 2020
869 posts
Traders are worried about earning and this worry leads them to depression resulting in suicide. Forex is the largest currency trading market in the world and along with this; it offers range of opportunities for earning. So, traders should rightly utililize these available opportunities.
Sep 30, 2022 at 01:35
Member Since Apr 03, 2021
470 posts
High-frequency trading maybe not all brokers allow to use this trading strategy, this is also needed fast connection speed and good quality trading server to run expert smoothly, choosing broker low spread also become a consideration for scalping traders, even possible get zero spread in some trading pair like EURUSD, AUDUSD, USDJPY, etc.
Member Since Feb 16, 2022
63 posts
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