uncle gober Posted January 29, 2015 Share Posted January 29, 2015 Scalping is a short term trading .The beginners love this type of trading because they get results in a short time and they concentrate on trades for some moments . They can get a small profit soon from a trade .I think scalping is good for newbies for getting experience of trading and for getting some profit .Beginners also face loss of a little amount of money from scalping by setting stop loss order in their trades . Some people think that it is a wastage of time and it is not proper trading . How about you opinion? Quote Link to comment Share on other sites More sharing options...
myregister Posted January 30, 2015 Share Posted January 30, 2015 It is depend on newbie's preference, there are some newbies that trade with long term strategy like swing, but there are some of them that also love scalping and learn also successfully making profit with that, in fact scalping still has its own risk so they must observe which is suitable for them, so the conclusion is all about preference and not just because they are new traders or not. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 8, 2015 Share Posted October 8, 2015 scalping is trade where we can open and close trades quickly. With scalping then we will be able to quickly benefit. But we need Behati careful when scalping, because forex is very hard to predict its direction. we can use the SL and Tp to minimize the risk of forex properly Quote Link to comment Share on other sites More sharing options...
Upul Tharanga Posted October 9, 2015 Share Posted October 9, 2015 I am no longer a beginner, but I have always loved scalping and there is no rocket science to know why. I am extremely pleased with everything and I believe that if we are to be successful then we must do things with proper planning and careful approach. I am extremely lucky that I work with Nova FX Company where they provide me incredible educational course to learn from and I can do trading just the way I wish to without any difficulty. Quote Link to comment Share on other sites More sharing options...
pepy Posted October 20, 2015 Share Posted October 20, 2015 Scalping as seen by many newbies, is another fast way to earn pips. Let me rephrase it, is another fast way to earn pips. Who hates earn money in such a short time? This fancy idea that raid into newbie's mind and thinking this is the suitable way for them and they love scalping with it. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted November 3, 2015 Author Share Posted November 3, 2015 when choosing a broker we should be able to know what are the advantages provided by the broker. I now choose a broker that provides benefits to the trader by providing favorable conditions for trade with scalping. I am now with TICKMILL because the broker is giving me the opportunity to trade scalping without any restriction. although trading under one second Quote Link to comment Share on other sites More sharing options...
myregister Posted November 3, 2015 Share Posted November 3, 2015 Jeez, you seems out of the topic so beginners actually love scalping so much because many people said it is a profitable strategy, i even see many newbies trying long term strategy thinking it is the most suitable strategy with them or because their experienced friends said so. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 3, 2015 Share Posted November 3, 2015 It depends on the trader itself. If they have some time to focus, they may try and learn how to do this technique. But if they don't, long term trading is a good one. Quote Link to comment Share on other sites More sharing options...
onyx Posted November 6, 2015 Share Posted November 6, 2015 I do not get help from live or online mentor. I did all trading on my self efforts. First read about forex trading join different forums for information. Demo trading is my teacher in forex. It tell me all details f trading . I did mistakes review my performance again and again then I came to know real way of trading . I learn risk management techniques and usage of other trading tools with my hard work. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted March 9, 2016 Author Share Posted March 9, 2016 Forex Scalping can also be called a quick trading. It is a method where traders allow their positions to last only for a matter of seconds, to a full minute and rarely longer than that. The purpose of scalping is making small profits while exposing a trading account to a very limited risk, which is due to a quick open/close trading mode. What Forex broker would allow you to scalp the market? Obviously, dealing desk brokers would not agree with scalpers’ trading style and most likely will ask a trader to change his/her trading habits or to find another broker. I am now very comfortable in TICKMILL, I get low spreads which can be used to perform scalping technique without any restrictions, traders can execute orders under one second Quote Link to comment Share on other sites More sharing options...
aliforex Posted March 10, 2016 Share Posted March 10, 2016 I do not get help from live or online mentor. I did all trading on my self efforts. First read about forex trading join different forums for information. Demo trading is my teacher in forex. It tell me all details f trading . I did mistakes review my performance again and again then I came to know real way of trading . I learn risk management techniques and usage of other trading tools with my hard work. Yes, some traders also learn forex trading by themselves. We will get maximal profit if we can maximize our time to learn about forex and surely make our mistake as lesson so we will be better Quote Link to comment Share on other sites More sharing options...
novarisa Posted March 10, 2016 Share Posted March 10, 2016 Yes, some traders also learn forex trading by themselves. We will get maximal profit if we can maximize our time to learn about forex and surely make our mistake as lesson so we will be better Agree. Just make sure you're learning how to trade well in forex on your free time. You can also learn from your mistakes that is should be good for the future trades. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 11, 2016 Share Posted March 11, 2016 Yes, some traders also learn forex trading by themselves. We will get maximal profit if we can maximize our time to learn about forex and surely make our mistake as lesson so we will be better yes, we can learn forex autodidact without a mentor. especially now that many brokers provide free trading learning facility so that we can use to learn trading. as in instaforex where we can learn trading with maximal using video tutorials and demo accounts Quote Link to comment Share on other sites More sharing options...
novarisa Posted March 11, 2016 Share Posted March 11, 2016 yes, we can learn forex autodidact without a mentor. especially now that many brokers provide free trading learning facility so that we can use to learn trading. as in instaforex where we can learn trading with maximal using video tutorials and demo accounts And also we can use the advantages of forex articles in many places beyond the internet. Use it to improve our knowledge in forex trading and we can trade well in the next trade. Quote Link to comment Share on other sites More sharing options...
myregister Posted March 12, 2016 Share Posted March 12, 2016 Well that is a good idea for some traders to follow but the next problem is how that thing could help us as trader to make more efficient scalping. I mean reading and practicing is different thing isn't it? Trader love scalping especially newbie because the command is easy and quick than those long term trading. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 26, 2016 Share Posted March 26, 2016 yes, we can learn forex autodidact without a mentor. especially now that many brokers provide free trading learning facility so that we can use to learn trading. as in instaforex where we can learn trading with maximal using video tutorials and demo accounts It is pretty hard to earn by scalping, at least for me and trying it autodidact will waste more time, i recommend to find one or two reputable or reliable mentors as you guide. The teaching progress would be faster and your mistake would be easier to correct. Since scalping need fast action and fast profit this is why it should need more guides and this is why newbies like it. Quote Link to comment Share on other sites More sharing options...
omar-profits Posted March 26, 2016 Share Posted March 26, 2016 that is true, I see most newbie traders prefers scalping, but over the time, the trader gains more experience so he may continue with his old scalping strategy and may he change it to swing or other strategies, so it depends on the experience of the trader. Quote Link to comment Share on other sites More sharing options...
G.Y.invest Posted March 31, 2016 Share Posted March 31, 2016 What indicators and strategies should newbies use in scalping? Quote Link to comment Share on other sites More sharing options...
pepy Posted April 5, 2016 Share Posted April 5, 2016 First of all something should be corrected, not all. Not all traders who are beginners love scalping because that strategy considered to be risky by theirselves or by someone who guide that beginner. Also some of them think it is quite impossible to get small pips for big profit. Quote Link to comment Share on other sites More sharing options...
radex78 Posted April 5, 2016 Share Posted April 5, 2016 What indicators and strategies should newbies use in scalping? I think if newbie they can try kinds indicator that available on the platform, there are indicator for scalpng like as parabolic sar, heiken ashi etc, but actually trading scalping with using candlestick also can tried, as long as trader have good understanding rules trading, still possible to making profit from scalping, in addition if already expert scalping can making huge profit accumulation Quote Link to comment Share on other sites More sharing options...
G.Y.invest Posted April 5, 2016 Share Posted April 5, 2016 Thank you, will think about it Quote Link to comment Share on other sites More sharing options...
radex78 Posted April 6, 2016 Share Posted April 6, 2016 Scalping trader usually they use five minute or fifteem minute timefarme, because they will work plan as short term trading, with catch profit on small target pips, maybe as beginner also they can learn practice trade with scalping, but if often fail and making them being emotion, trade with intraday trading will make more comfortable and enjoy Quote Link to comment Share on other sites More sharing options...
myregister Posted April 7, 2016 Share Posted April 7, 2016 Scalping is easier to understand because the concept is actually simple and who doesn't want fast profit. The strong point of scalping is earn pips in relatively shorter time, who doesn't want it? Of course i want but fast profit means that you need to know the right time to open position where that thing is coming, and usually scalping needs a condition where the market isn't volatile or not so volatile. Quote Link to comment Share on other sites More sharing options...
novarisa Posted April 7, 2016 Share Posted April 7, 2016 Scalping is easier to understand because the concept is actually simple and who doesn't want fast profit. The strong point of scalping is earn pips in relatively shorter time, who doesn't want it? Of course i want but fast profit means that you need to know the right time to open position where that thing is coming, and usually scalping needs a condition where the market isn't volatile or not so volatile. We need to keep focus to those charts while trading with scalping strategy. Or we may want to put SL and TP for few pips with 1:1 ratio. Make sure you're analyze and doing it right so you would gather some positive pips for your trading.. Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 8, 2016 Share Posted April 8, 2016 I guess scalping can be risky for newbie traders as it requires traders to follow a disciplined approach by making quick decisions. Most of the time they have to consistently monitor the trading screens as they need to book multiple small profits within a single day. Quote Link to comment Share on other sites More sharing options...
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