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Posted

Most beginners choose to scalp because it is a good choice for those who hate waiting for a trade to close.

The positions are generally held for a very brief time-frame, and that allows for a lower chance of reversals that can harm a trading position.

Posted

Despite the high risk, scalping techniques are widely used by traders. Traders must choose the right broker to support it, because not all brokers allow it, like in Instaforex there are conditions that apply, if not according will happen profit cancellation.

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Posted

Scalping is easy for beginners to understand where a trader can open and close traders quickly, and it is also a quick way to earn profits.

Still, you need to be careful while scalping because it could be pretty complicated to predict its direction.

Posted

Personally, I think scalping should be for more experienced traders, actually. It requires an excellent understanding of technical analysis and quick reflexes to get out of a position on time. It's not nearly as easy as it looks.

Posted

Scalping is a popular method in the Forex market. You need to have a lot of experience to trade in this way. However, I can not say whether skilled and successful traders scalping in the Forex market. Scalping requires a lot of time. I am a student so I can't spend so much time in Forex. That's why I trade long.

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

It is because scalping has a short-term and long-term strategy, and many newbies come in forex for quick cash and prefer using the short-term method in scalping and some do profit from it, and some lose due to greed.

Posted

Beginners prefer scalping because it is a quick way to earn a profit, and it only takes a few minutes to open and close a trade. Since they are new to live trades, scalping is an opportunity for beginners to use their skills and strategy by taking minimum risks in a live trade.

Posted

The only reason beginner traders love scalping because it is the quickest way to earn a profit, and it's also short-term, so in a matter of minutes, they can make profits.

Posted

Is it really a favourite of beginners, though? I feel like it is a risky method that requires the trader to react quickly. There are easier strategies to use that are more suitable for beginners who are just testing the waters.

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