Scalp

I want to know why closing an order in less than minutes is scalping???

It's not, who said it was?

You should ask the person that told you it was. If you ask here you will get a hundred different answers as to what exactly scalping is or isn't.

The only opinion that matters is your broker's.

well if I close my position in less than 5 minutes my broker consider it as scalping i don't know why???

Every broker defines scalping differently so it doesn't matter why. If your broker disapproves of your trading style you need to change your style or find a new broker. Simple.

i've been told, 10 pips or less is scalping. if all your trades are like 5 pips profit, then you're scalping.

That definition doesn't factor in the crucial element of time. Pip count makes no difference. What if it took 3 days to make that 5 pip profit?

A good general guideline is the definition found on investopedia.com:

A trading strategy used by forex traders to buy a currency pair and then to hold it for a short period of time in an attempt to make a profit. A forex scalper looks to make a large number of trades and earn a small profit each time.

Forex scalping generally involves large amounts of leverage so that a small change in a currency equals a respectable profit.

Bottom line - Emilfx's problem doesn't necessarily stem from the widely accepted definition of scalping. He's having a problem with his broker's policy regarding scalping which they have defined as any trade lasting less than 5 minutes.

Another answer could be:

Scalping is: putting on a trade, exiting quickly B4 broker/MM can offset, making a profit.
Broker loses money. Brokers don't like this.

Short-term trading is: same trade, same quick exit, lose money + spread.
Broker makes money. Brokers have no problem with this.

For what it's worth, my scalps are often much less than 5 minutes in duration,
average about 2 minutes from entry to exit, sometimes last as little as 30 seconds.
Sometimes I can't click fast enough or the trade would last even less than 30 seconds.
That is scalping in anyone's book. As for pips, it often depends on the pair I trade.
Sometimes it's 5 (and if it slips could be less or even a scratch) & sometimes it's 20 or 30 pips.
Every now and then I'll get one that backfires and lose a few pips. Just gotta keep it small.

Brokers don't usually like it. I am not always welcome where I go. That's life.

I don't play nice. They're trying to make money. Me too. So are you.
I want to take money away from them, as much as I can, while preventing them
from doing the same to me. They have an advantage. I'm fully aware of the advantage. I don't care.
They are so much bigger than me. I don't care. I want to take some of their money away from them.
They have plenty of it. They've taken alot of it from small traders. I don't care where it came from.
I'll scalp and exploit an ineffeciency until I am rudely asked to leave and shown the door.

The rest of the time I'd rather enter and exit with an ECN or even via the futures mkt
and not even play games with these morons. But, since it's a game, I have to play to win.
Whether it was Green Bay in the 60's, Miami in the 70's, or Chicago in the 80's, these guys never said:
"...Ah, screw it, it's okay to lose... let the other guys win a little bit..." Never. They were there to win.
If you plan to do otherwise (i.e; if you don't play to win) why would anyone ever trade forex?

Eventually, if you succeed, you'll be asked to go away. Your business will not be welcome.
You will be taking $$ out of their pockets and pissing on the hand that feeds. Okay, so NEXT ....
Find the inefficeincy, find the lag, find the loop-hole, find the weakness, lock phasers on the DeathStar.
Keep it small and you won't have to move as often. When it gets too much, you'll be the 1st to know.

I think I'm a scalper. A lot of traders like to look down thier noses at scalpers.

looks good for 5 pips

unfortunately had to lose 5 pips before i could make 5 pips
-tried to trade the brake of the inside bar, when it failed flipped.

What’s the pair? USDCHF??

Yeah, that was USDCHF.

try that again, this time AUDUSD

hello Mate, what you think as a scalper which challenge is most important when scalp in practical ?

It's a good question, I think finding consistency in a set up, an edge, is most challenging. And then overcoming spreads and commissions.

Not sure if a scalp is supposed to take over 2 hours but got there in the end for 5 pips.

Got it buddy; but after that horrible crash; I didn’t touch it! Ha ha ha……

cable looks good for 8 pips