Forex Zone - Forex Forum

Forex Scalping

Discussion started on General Forex Discussion

  • Sr. Member
  • Posts: 458
  • Points: -5
  • Likes Received: 145
  • Reputation: +12/-1
I think to apply scalping trading is quite easy, Buy or sell a 1-5pip target, it turns out that when practicing it is very difficult, I have been experiencing prolonged floting for 3 weeks.
for the theory it is easy but for practice it is not necessarily possible to do it.
Because scalping strategies also need more knowledge. if it's not then floating like you. 
If only floating is not a problem but if it gets to the MC. that's a big problem. therefore it has to be a good MM too, don't let us only take 1-5pips but it caused fatal.
#106 - March 28, 2019, 02:03:27 AM

paidto

right, intraday is one style of trading that is quite safe because it uses a fairly large time frame and with analysis in the time frame like that it will be more valid in showing a trend.
yes sir, maybe this is suitable for beginners because if the period is too short it will be easy to get loss if the long period of time is still not strong mentally
#107 - March 28, 2019, 02:48:21 AM

  • Hero Member
  • Posts: 1028
  • Points: 2095
  • Likes Received: 296
  • Reputation: +6/-4
yes sir, maybe this is suitable for beginners because if the period is too short it will be easy to get loss if the long period of time is still not strong mentally
actually scalping need advance analyst and good skill and for newbie not suitable i think sir,,because as newbie usually doesnt know reading the market yet in my opinion
#108 - March 28, 2019, 03:10:49 AM

paidto

actually scalping need advance analyst and good skill and for newbie not suitable i think sir,,because as newbie usually doesnt know reading the market yet in my opinion
right sir, I also agree with you, for scalping you need speed in analysis and this still can't be done by beginners
#109 - March 28, 2019, 03:13:54 AM

  • Newbie
  • Posts: 22
  • Points: 0
  • Likes Received: 10
  • Reputation: +0/-0
actually scalping need advance analyst and good skill and for newbie not suitable i think sir,,because as newbie usually doesnt know reading the market yet in my opinion
Is it required with a small TF to use this scalping strategy?
#110 - March 28, 2019, 03:14:31 AM

  • Hero Member
  • Posts: 1028
  • Points: 2095
  • Likes Received: 296
  • Reputation: +6/-4
right sir, I also agree with you, for scalping you need speed in analysis and this still can't be done by beginners
too risky lost our capital fastly when we have no experience of scalping
#111 - March 28, 2019, 03:17:01 AM

paidto

too risky lost our capital fastly when we have no experience of scalping
yes right sir, rather than losing capital quickly it's better to just relax playing intraday
#112 - March 28, 2019, 03:19:53 AM

  • Hero Member
  • Posts: 1028
  • Points: 2095
  • Likes Received: 296
  • Reputation: +6/-4
yes right sir, rather than losing capital quickly it's better to just relax playing intraday
yes sir,,beside that we have to selected when using scalping strategy because sometimes some brokers forbiden scalping and one thing should be fulfill is we must find broker that have thin spread less than 1 pips just like templerfx,amega and the others
#113 - March 28, 2019, 03:23:28 AM

  • Sr. Member
  • Posts: 458
  • Points: -5
  • Likes Received: 145
  • Reputation: +12/-1
yes sir,,beside that we have to selected when using scalping strategy because sometimes some brokers forbiden scalping and one thing should be fulfill is we must find broker that have thin spread less than 1 pips just like templerfx,amega and the others
sometimes there are also brokers who forbid the hall, they have regulations such as closing transactions must be more than 5 minutes, etc.
If you want to do a scalping broker I recommend it on the tickmill. besides the spread is low, for scalping it is also allowed.
#114 - March 28, 2019, 03:40:58 AM

  • Hero Member
  • Posts: 1028
  • Points: 2095
  • Likes Received: 296
  • Reputation: +6/-4
sometimes there are also brokers who forbid the hall, they have regulations such as closing transactions must be more than 5 minutes, etc.
If you want to do a scalping broker I recommend it on the tickmill. besides the spread is low, for scalping it is also allowed.

Yup..tickmill is good and recomended broker also sir..thanks for sharing
#115 - March 28, 2019, 04:51:05 AM

  • Newbie
  • Posts: 14
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
Scalping strategy does not leave a long time for traders to worry, because each trading position will be immediately closed within a short time. In addition, pursuing a small number of profit targets is also relatively easier than waiting for the achievement of a large number of targets
#116 - March 28, 2019, 09:40:48 AM

  • Newbie
  • Posts: 14
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
Scalping strategies can be very stressful and high risk, especially for beginner traders who have not finished studying forex. Especially if the number of lots is large.
#117 - March 28, 2019, 09:42:11 AM

  • Newbie
  • Posts: 14
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
it true.. Scalpers are highly demanded and require high concentration, monitoring prices and making decisions very quickly. Also requires a good understanding of trading equipped with analytical skills.
#118 - March 28, 2019, 09:43:22 AM

  • Newbie
  • Posts: 47
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
It takes a high concentration to implement a scalping strategy because it has a lot of risk during the op and should not be greedy if profit
#119 - March 28, 2019, 09:59:29 AM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
yes sir, maybe this is suitable for beginners because if the period is too short it will be easy to get loss if the long period of time is still not strong mentally
Long-term trading does require special planning and high patience so beginners still cannot afford long-term trading before being able to be disciplined and patient especially related to trading time management.
#120 - March 28, 2019, 10:33:54 AM

Members:

0 Members and 1 Guest are viewing this topic.