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Scalp, scalp, scalp 5,668 replies

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Scalp

Scalping can have a high impact on a trading account. Where you can trade normally with patience, you may face losses by scalping in the hope of making a lot of profit.
Scalping is one of the most interesting but very risky trading technique, you just need to make sure to obtain the profit in the span of just under a minutes, even seconds. Most traders, especially professional like me, tends to use it for profit.
Scalping is a profitable strategy, especially for new traders. But to use it, you need to have proper knowledge and skills.
Quoting jollypk
{quote} New traders being unaware of the market conditions should keep the leverage low in start because higher leverage can claim higher damages as well.
I support a similar view.
Quoting MarcoDresner
{quote} Leverage just gives us buying power. It's the skills that need the most to be profitable in scalping. A trader needs to understand the market very well to become successful in scalping.
I am, by no means, saying that low leverage will be helpful in making a profit. I am just saying that low leverage will help minimize loss. Of course, you need the right kind of skills and knowledge to be profitable.
Quoting littlebirds
Scalping is one of the most interesting but very risky trading technique, you just need to make sure to obtain the profit in the span of just under a minutes, even seconds. Most traders, especially professional like me, tends to use it for profit.
Traders use short time frame to this kind of trading strategy which make it one of the riskiest trading techniques in the market.
scalping is really profitable than other trading strategy but its really sometimes causes a great risk and losses , but if you have proper money management then you are able to make profit by using this short time trading approach.
Quoting mlawson71
What leverage do you think is appropriate for scalping?

as much as possible
Whether you think you can, or you think you can't,you're right. H.F.
Quoting Simply-Me
{quote} as much as possible
what do you do for risk management? Just curious
Scalping is a risky trading techniques. You need to have proper knowledge about it before you are going to use it.
only by using knowledge and experience i dont think so you can be profitable by scalping that brings profit in a short time , you need to make sure most powerful analyzing money management.
Quoting timpip
{quote} what do you do for risk management? Just curious
It depends what I'm trading. I trade few accounts with leverage 1:30. 1:200 and 1:500.
1:30 are investors accounts with 4H TF strategy risking 0.5% per trade to make 10% monthly. They are not big accounts usually 10k.
Higher leverage accounts I'm mostly scalp om 1M, 5M TF ,The risk looks much higher there,but it's only optical,because due to higher leverage I don't have to keep my all trading capital in broker account. That's the advantage of higher leverage.
Whether you think you can, or you think you can't,you're right. H.F.
Scalping is the most gainful trading technique. Despite the fact that it's a complicated strategy, all forex traders specially beginner jump at the chance to do scalping. Scalping isn't useful for everyone.
Quoting Simply-Me
{quote} as much as possible
There are brokers offering 1:1000, do you think that is safe?
Quoting mlawson71
{quote} There are brokers offering 1:1000, do you think that is safe?
I really cannot say, but probably not. Usually it's some bucket shop. I never used broker like this before.
Whether you think you can, or you think you can't,you're right. H.F.
Quoting Simply-Me
{quote} I really cannot say, but probably not. Usually it's some bucket shop. I never used broker like this before.
Me neither. But this is why I think there should be some enforced regulation about leverage, that sort of thing is just exploitative.
Quoting mlawson71
{quote} Me neither. But this is why I think there should be some enforced regulation about leverage, that sort of thing is just exploitative.
So you believe in some higher authority which prevent stupid people from doing stupid things.
Beware coffee might be hot
Whether you think you can, or you think you can't,you're right. H.F.
Quoting Simply-Me
{quote} So you believe in some higher authority which prevent stupid people from doing stupid things. Beware coffee might be hot
It's not always a matter of stupidity, sometimes it's just naivete and inexperience. No one was born educated, and I don't think shady brokers should be allowed to take advantage of such people.
  • Post #59
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  • Last Post: Dec 19, 2020 6:46am Dec 19, 2020 6:46am
Scalping is very risky. If you wan tto use it you have to learn all the tools and techniques first.
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