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02-10-2012, 02:00 AM #41
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Re: Scalping trading and its Advantages
Scalpers should avoid high impact news because it's uneffective to use scalping method during high impact news. If you're right in making decision then you will gain few pips only and if you loss then you will face high pips because scalpers usually didn't use Stop Loss and Target Profit. And also, you will face requotes so many times when you tried to close manually in high impact news.
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Re: Scalping trading and its Advantages
Another reason why scalping is bad during high impact news is the fact that most brokers have an increased spread during the news. And it so happen that a trader may not even be aware of the increase in spread while placing his trade. What will happen in effect is that the scalper either ends up losing or breaking even after paying the spread.
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02-20-2012, 12:43 PM #43
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Re: Scalping trading and its Advantages
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02-20-2012, 03:33 PM #44
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Re: Scalping trading and its Advantages
In this respect, I would like to say that 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.
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03-17-2012, 08:40 AM #45
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Re: Scalping trading and its Advantages
With scalping a trader depends on the lower time frames especially the 1 min and 5 min time frames and less frequently on the 15 minute time frame. It is important to know that only professional traders are advised to do this because the markets are moving too fast for a newbie to handle.
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04-06-2012, 05:41 AM #46
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Re: Scalping trading and its Advantages
The one advantage why some traders see scalping as a good trading style is the fact that scalping can bring a trader good profits in a very short time ranging from minutes to about one hour. With scalpinjg, a trader can make money on a daily basis.
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04-08-2012, 05:52 AM #47
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Re: Scalping trading and its Advantages
I do not think that all scalpers are profitable and make money as you mention. Some are among the worst losers in forex trading and most scalpers do not have what it takes to scalp the forex market. Many who venture into this are new traders who think that it is better to make money fast by scalping the market.
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04-10-2012, 02:02 PM #48
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Re: Scalping trading and its Advantages
Me too. Not all scalpers are making serious money from the markets because to scalp the forex market is not an easy thing to do. Therefore, a trader can try to approach the forex markets from the swing trading perspective.
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04-14-2012, 12:39 PM #49
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Re: Scalping trading and its Advantages
scalping is one of the most earning strategy and also very risky one.the trader have to be very patient to wait for the right time for scalping.the main purpose of scalping is to trade with big lots.so rather than waiting for hundreds of small pips they can get some big pips within a few minutes.
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05-02-2012, 12:29 PM #50
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Re: Scalping trading and its Advantages
Where did you get this idea that scalping is trading big lots? Its a big mistake if you do that. Try to check facts first before you post because other newbies will think that's is the definition of scalping because its not.
Scalping is trading will low time frame probably 5 Minutes time frame and has a target profit of 10 pips on average. In scalping its quantity trading. Meaning you earn 10 pips average and close your position and open again until you have lots of multiple transaction that results to lots of profits.
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Re: Scalping trading and its Advantages
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Re: Scalping trading and its Advantages
Forex scalping is a trading strategy in which the traders make dozens,even hundreds of trades daily,capture a few pips per trade.generally a scalpers stay in trade less than a minute,bolting as soon as their positon capture a few pips.Simply put scalping is a procedure by which one make a trade with the goal of only making a few points.
The main advantage of scalping 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.
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07-10-2012, 03:32 PM #54
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Re: Scalping trading and its Advantages
scalping has many advantages. scalpers earns more money , they have a excellent strategy which give them profit every month. They only go for few pips but in few pips they earn much money because they open large lot. Scalping is not so easy it needs hard work and more effort to get good profit.
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07-20-2012, 07:11 AM #55
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Re: Scalping trading and its Advantages
The only draw back of scalping is timing but you can remedy this by constantly practicing and trading. that's the strong point of scalping. This is about quantity trade vs quality trade. if you have 100 trade and have 60 trade making 15 pips profits each and 40 trade losing 10 pips in the end you are still earning money or making profit. that's the beauty of scalping if you know how.
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07-29-2012, 12:51 AM #56
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Re: Scalping trading and its Advantages
in scalping 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.
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01-23-2013, 06:49 PM #57
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Re: Scalping trading and its Advantages
Scalping trading is good but mostly bad because if we continue scalping then there is a chance that we will blow our account by giving off only spreads to the brokers.
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02-17-2013, 11:49 AM #58
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Re: Scalping trading and its Advantages
My own opinion is that scalping trading is very important for all new traders. There are lot of advantages of scalping trading on forex market to make profit. It helps us to make profit easily on forex market, although that is poor profit most of the time we can get by scalping on forex market. But it is very important to become expert trader gradually.
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02-20-2013, 11:26 AM #59
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Re: Scalping trading and its Advantages
As my own view that scalping strategy is the best strategy for all new trader. I think scalping strategy is very well strategy to making profit easily and within short period of time. Although it gives us small profit but it save us from biggest loss on forex market.
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02-20-2013, 02:24 PM #60
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Re: Scalping trading and its Advantages
I do scalping. and Its good. I do not have to wait to take out my profit. when I think market is good for me I open my account and close it as soon as I get a satisfying profit. I take my profit out so that I do not risk them. I prefer scalping and others also should.
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