Scalping is good

Dec 06, 2020 at 08:09
3,694 Views
55 Replies
Member Since Aug 17, 2021   94 posts
Sep 25, 2021 at 16:58
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
Member Since Jul 19, 2020   751 posts
Sep 26, 2021 at 04:15
@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.
Member Since Sep 27, 2021   4 posts
Sep 27, 2021 at 09:39
Scalping is possible Quite profitable For traders who use it as a primary strategy or even to supplement other trading strategies.
Member Since Feb 08, 2019   213 posts
Sep 28, 2021 at 14:55
Need more of a sample there I'd say. Let's see how it's doing after 1000 trades
Member Since Oct 26, 2020   6 posts
Oct 12, 2021 at 19:20
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.
Member Since Mar 17, 2021   536 posts
Oct 12, 2021 at 20:37
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.
Member Since Jun 16, 2020   57 posts
Oct 13, 2021 at 05:01
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.
Member Since Apr 03, 2021   470 posts
Oct 13, 2021 at 22:25
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.
Member Since Jul 19, 2020   751 posts
Nov 06, 2021 at 11:54
@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.
Member Since Aug 10, 2021   178 posts
Nov 10, 2021 at 02:36
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.
Member Since Jul 30, 2020   2 posts
Nov 11, 2021 at 08:53
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.
Member Since Feb 08, 2019   213 posts
Nov 13, 2021 at 12:53
Nobody said it was easy, it's hard....
Member Since Jul 20, 2020   399 posts
Nov 13, 2021 at 14:54
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
Member Since Mar 24, 2020   98 posts
Nov 13, 2021 at 21:17
Scalping on the minute chart. is hard,but as long as you're strategy is proven and your money management is in place , and you stay away from news which affects your pair,

your are on the way.
Not Specified
Member Since Dec 25, 2019   20 posts
Jan 15, 2022 at 14:11
Scalping is the best solution for new trader I guess. Of course, it might seem a bit difficult for new traders, but if we look at various types of trading we can notice that all types of trading has particular level of difficulty. Scalping is one of the most difficult, because you have to analyze within short period of time and open seevral deals within short period of time, which sometimes might lead to losses, because of lack of experience.
I respect those traders who just joined trading activity and decided to try scalping. For me, it was very difficult to understand all the peculiarities of scalping but I managed and i wsh all trader the same.
Member Since Dec 09, 2013   139 posts
Jan 15, 2022 at 16:44
UweMoench posted:
Scalping is good. But new traders should not do scalping. Scalping tends people to do over trade. Scalping is done in lower timeframe where there is too much noise in chats. It's a barrier to develop good trading psychology. Once you are expert with controlling your emotions in trading, you can do scalping also.
Scalping is good, but this is one of the things that requires serious skill. Traders need to be well acquainted with the market and have a solid strategy to be able to make consistent profit by scalping.
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