Scalping trading and its Advantages

[rabbi504564]

In scalping the trader enter and exits pretty fast. basic understanding of charting will give you a better idea as to when to enter and exit. one cannot do it blindly. I feel some aid is always required to make a fast decision.

generally scalpers enter and exit, but they make multiple trades with small margins. those who does not have the patience to wait for long hours to catch the big moves, generally appreciate scalping method.

[nahiyar]

The main advantage of scalping strategy is that, as the traders target is between 5-15 pips,so they do not become greedy. They can easily achieve it.Also, it makes us free of tension for not keeping the position opened in loss for a long time.

[bulastika]

The main advantage of scalping strategy is that, as the traders target is between 5-15 pips,so they do not become greedy. They can easily achieve it.Also, it makes us free of tension for not keeping the position opened in loss for a long time.

question in scalping is that how will you going to put stop loss? scalping is good if you know the trend. that's why if you want to do scalping you need at least to try trading using demo account.

[nahiyar]

question in scalping is that how will you going to put stop loss? scalping is good if you know the trend. that's why if you want to do scalping you need at least to try trading using demo account.

Normally, the scalpers do not put the SL, because they prefer to close the positions manually, either in loss or profit.But, if you want to put SL during scalping, so you should put it at the main resistance or support levels.Once those levels are broken, so you will be saved from additional losses..

[omostar]

Normally, the scalpers do not put the SL, because they prefer to close the positions manually, either in loss or profit.But, if you want to put SL during scalping, so you should put it at the main resistance or support levels.Once those levels are broken, so you will be saved from additional losses..

And that is why it is always good to scalp in a sideways market because you are almost sure of profit and can therefore survive without stop loss. However, the problem that I have with not putting stoploss is what happens if something prevents you from closing your position manually?. Like for example, if your platform just freezes and refuse to execute your order.

[chuna1985]

In the business of forex trading, scalping is something that we traders must use especially when we are still newbies. It is effective and most importantly, it contains reduced risks while we are trading forex markets with it.

[Rin0]

Normally, the scalpers do not put the SL, because they prefer to close the positions manually, either in loss or profit.But, if you want to put SL during scalping, so you should put it at the main resistance or support levels.Once those levels are broken, so you will be saved from additional losses..

Nope.Not all scalper not put Stop loss during the scalping.Like me i will put TP and SL 10/10 to my order.The Stop Loss is very important to us.Because we will take profit in a short time.

[ashvini]

Undoubtedly scalping method has very good potential comparatively when used in a proper way. For a scalper, accuracy, precision and fast action is very essential. You mind should be really fast and act instantly to the trades opened as you would be scalping for profits of 5-7 pips. As soon as the profit is seen the trader should close the trade and take up the profits, it is only when you leave it for long you will have to take up big time losses which will wipe out all the previous profits made, because in scalping the lot size used would be high than the long term trading.
Scalping is my favorite method as well.

[nahiyar]

However, the problem that I have with not putting stoploss is what happens if something prevents you from closing your position manually?. Like for example, if your platform just freezes and refuse to execute your order.

This situation occurs only, if the market is moving quickly due to any high impact news, or the breaking of any support or resistance level.The platform does not accept it, because the more late the position will be closed, the more the broker will earn the profit from you.

Nope.Not all scalper not put Stop loss during the scalping.Like me i will put TP and SL 10/10 to my order.The Stop Loss is very important to us.Because we will take profit in a short time.

If you put the SL at only 10 pips difference, so I don't know what kind of strategy you are following, because the 10 pips movement is nothing in the market, specially if you are trading in EU,GU,AU or EJ.These pairs move more than 10 pips in 1 minute in London and USA session..

[ashvini]

Scalping trading is used to trading in securities, commodities and in foreign exchange. it's trading concern on major currencies and its advantages are that its is very effective method of using minimum risk per trade.it's win percentage is high and it is suitable for those impatient trader who devote a lot of time and continuous focus to the market.

Actually the risk involved in the scalping strategy is high because we would be using a higher lot size and just aiming at 5-7 pips, but is there is some unexpected event and market just move -10 pips the amount of loss would be really high. It is such a method that you can not even use a SL for 3 pips and aim for 6 pips TP, because everything is manually executed by us. Timely management is very critical in scalping method.

[chuna1985]

Scalping trading is used to trading in securities, commodities and in foreign exchange. it's trading concern on major currencies and its advantages are that its is very effective method of using minimum risk per trade.it's win percentage is high and it is suitable for those impatient trader who devote a lot of time and continuous focus to the market.

The scalping in forex currency trading depends on many things. We must make sure that we scalp with small lots and less risks. Scalping with high risks is dangerous and can easily kill off a traders account.

[omostar]

This situation occurs only, if the market is moving quickly due to any high impact news, or the breaking of any support or resistance level.The platform does not accept it, because the more late the position will be closed, the more the broker will earn the profit from you.

That is just one of the reasons that may make one unable to close one's position. What if you have an internet connection failure or the computer develops some fault and it automatically shut down. What would one do if after getting back to your trade you meet it in loss.

[chuna1985]

That is just one of the reasons that may make one unable to close one's position. What if you have an internet connection failure or the computer develops some fault and it automatically shut down. What would one do if after getting back to your trade you meet it in loss.

The brief or prolonged closing or shutting down of our laptops browsers is a very big problems. It can make us to lose a very big money in just one loss in our forex currency exchange trades we open.

[omostar]

The scalping in forex currency trading depends on many things. We must make sure that we scalp with small lots and less risks. Scalping with high risks is dangerous and can easily kill off a traders account.

But on the contrary, scalpers do not use small lot sizes. Rather they use big lot sizes so that it will be a reasonable amount because of the small pips they target. And that is why to me, scalping should always be done with a stop loss.

[nahiyar]

But on the contrary, scalpers do not use small lot sizes. Rather they use big lot sizes so that it will be a reasonable amount because of the small pips they target. And that is why to me, scalping should always be done with a stop loss.

Yes, this is true that scalping is always done with big size lots, because they scalpers close the positions very fast.They collect only 5-15 pips, and then close the position.This 15 pips also give them a very big money due to the lots they use.however, I don't think that scalpers will be using the SL, because they manually close the positions very fast after facing the loss in few pips..

[ashvini]

Yes, this is true that scalping is always done with big size lots, because they scalpers close the positions very fast.They collect only 5-15 pips, and then close the position.This 15 pips also give them a very big money due to the lots they use.however, I don't think that scalpers will be using the SL, because they manually close the positions very fast after facing the loss in few pips..

Yes, most of the scalpers do not use SL because their target would be only 5-7 pips and placing SL for such positions would become stupid only to pile up huge losses. Scalping is manual trading most of the times and for such trading concentration and fast action is very much important.

[purabi]

Scalping trading's main advantage is to get profit in a small amount of time .Thus this type of trading not only saves your time but also brings profit to you very quickly.Though to do this type of scalping,one should be very experienced as little bit of confusion and wrong decision can blow up your trading account.

[chuna1985]

Scalping trading's main advantage is to get profit in a small amount of time .Thus this type of trading not only saves your time but also brings profit to you very quickly.Though to do this type of scalping,one should be very experienced as little bit of confusion and wrong decision can blow up your trading account.

Yes, above all, the scalping strategy can go a long way to make a trader in this field to make sure that they are making profits in less time, but it does not make a huge profits for a trader, that is one of the disadvantages.

[andry777]

Yes, above all, the scalping strategy can go a long way to make a trader in this field to make sure that they are making profits in less time, but it does not make a huge profits for a trader, that is one of the disadvantages.

Although we can make profits in short time with scalping strategy but we can losses in short time too. It's depending on our analysis and prediction so our psychology should be good if you are scalpers. I suggested to use normal lot size when you're scalping. Don't use high lot size because you want to gain high profits in short time. It is too risky.

[omostar]

Although we can make profits in short time with scalping strategy but we can losses in short time too. It's depending on our analysis and prediction so our psychology should be good if you are scalpers. I suggested to use normal lot size when you're scalping. Don't use high lot size because you want to gain high profits in short time. It is too risky.

I agree that it is always better to make use of moderate lot sizes even while scalping. We should not throw all our money management rules into the dustbin while scalping. This is because i believe that a single mistake may happen that will be so fatal and probably eat up all the profit that we have made.