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Posted

You will see major upgrade in performance when you make your strategy automated and transfer it to VPS platform. My profits with Hotforex increased significantly after I made transition from home PC to virtual PC near their servers. 

Posted

Scalping is a simple strategy that allows traders to open and close trades quickly, and it is also a quick way to profit.

Still, you must exercise caution when scalping because predicting its direction can be difficult.

Posted

Short timeframe trades can be good for practicing and understanding the technicalities of trading. Some caution should be used, though, when it comes to the idea of short-term gains. Scalping is not suitable for all beginners, as you need to place many trades over time to accumulate profits, and that can be difficult to manage.

Posted
On 11/3/2022 at 6:52 PM, Dora Wi said:

Short timeframe trades can be good for practicing and understanding the technicalities of trading. Some caution should be used, though, when it comes to the idea of short-term gains. Scalping is not suitable for all beginners, as you need to place many trades over time to accumulate profits, and that can be difficult to manage.

Yeah I would also advice beginners to start from higher timeframes because technical pattens are more reliable there and infrequent trades protects naturally from scalping which can easily turn into gambling and 

Posted

Most beginners choose scalping, as it is a good option for those who hate waiting for a trade to end.

Positions are usually held for a very short period of time, which reduces the risk of a reversal that could harm the trading position.

Posted

Scalping is quick and appealing to traders because many want to make quick profits. However, not everyone is cut out to be a scalper. Although it may appear simple because everything happens so quickly, becoming a successful scalper requires a great deal of discipline

  • 2 weeks later...
Posted

Scalping techniques are not permitted at some brokers, even at Instaforex there are terms and conditions that apply, because if it is not appropriate the profit will be canceled.

Posted
On 11/25/2022 at 8:29 PM, nanamage said:

Scalping techniques are not permitted at some brokers, even at Instaforex there are terms and conditions that apply, because if it is not appropriate the profit will be canceled.

We will need to learn about doing better scalping into the markets.

  • 3 months later...
Posted

Most new traders favour scalping since it is one of the quickest ways to make money. Yet, many new traders have lost money by jumping into scalping without a suitable technique or live trading experience.

  • 3 weeks later...
Posted

Beginner traders prefer scalping because it is one of the quickest methods to earn profit. I prefer scalping because my broker, FP Markets, can provide lower spreads that average 0.1–0.3 pips in all major pairs with a faster execution speed of 30 ms.

Posted

Scalping can be good only when we know what we are actually looking for in the market otherwise getting in to the trade and exiting might benefit the broker only as they will be charging their spread or commission on every trade.

Posted

As you automate your approach and move it to a VPS platform, you'll notice a significant improvement in performance.

After switching from my house computer to a virtual PC close to Hotforex's servers, my profits jumped dramatically.

Posted
On 3/25/2023 at 6:41 AM, bigxy said:

Scalping can be good only when we know what we are actually looking for in the market otherwise getting in to the trade and exiting might benefit the broker only as they will be charging their spread or commission on every trade.

When we are doing scalping based trades we will need to keep exact timings.

Posted

New traders being unaware of the market conditions should keep away from scalping instead they should try learning on higher time frame trades rather than getting in and out quickly and hurting themselves by paying commissions to the broker or either blowing up their accounts.

  • 2 months later...
Posted
On 4/6/2023 at 7:37 AM, bigxy said:

New traders being unaware of the market conditions should keep away from scalping instead they should try learning on higher time frame trades rather than getting in and out quickly and hurting themselves by paying commissions to the broker or either blowing up their accounts.

It is not all traders suitable with scalping if likely emotion often stressing because scalping, better using intraday trading or swing trading more convenient

  • 2 weeks later...
Posted
On 6/21/2023 at 4:12 AM, radex78 said:

It is not all traders suitable with scalping if likely emotion often stressing because scalping, better using intraday trading or swing trading more convenient

We will need to learn doing our Forex trading and we should also have the knowledge about The world's Top 10 Currencies so that we are able to take better advantages of them in our trading and make the required profits.

Posted

Scalping is a basic approach that allows traders to initiate and finish transactions quickly, as well as profit swiftly.

But it also comes with a lot of risk, and using a suitable broker is very important. Brokers such as Skilling and FP Markets are better, in my opinion.

  • 2 weeks later...
Posted

Short term trading scalping needs to choose low spread broker and low spread trading pair. Not all broker allows scalping because high frequency trading could disturbing their server being slow. So choosing broker is very important if want to work scalping, FXOpen is good broker for scalping because this is ECN broker and also offer spread from 0 pips

Posted

Low spread as well as lesser commissions in my opinion otherwise these scalpers will only profit the broker by paying spreads or commissions on every trade rather than bringing any money themselves.

Posted

scalping if done correctly is the easiest way to make good money, I do scalp but not that heavy volume of trades on hfm. but its true, though ones need the discipline and diamond hands for it, 

  • 2 weeks later...
Posted

If we can master scalping trading strategy, it could becomes profitable trading strategy to make money through forex trading, choosing pair low spread good average movement daily like EURUSD is suitable for scalping. In FXOpen the spread of EURUSD sometimes get negative spread in ECN account.

Posted

Most beginners prefer scalping because it is one of the quickest methods to earn profits. Even though the risk is higher, it is also profitable when traded with a proper strategy and broker.

I use FP Markets because the spreads are tighter, averaging around 0.1–0.3 pips, with a faster execution speed of 26 ms.

Posted

Beginner traders often gravitate towards scalping due to its perceived quick profits and excitement. Scalping offers frequent trading opportunities, which can be appealing to those eager to see immediate results. However, it requires strong focus, discipline, and precise execution, making it challenging for newcomers. As beginners gain experience, they may explore other trading styles to find the one that best suits their skills and temperament.

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