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Scalping

Discussion in 'Forex' started by Joy Bahadur, Dec 28, 2017.

  1. Joy Bahadur

    Joy Bahadur Registered

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    Scalping is really profitable for all kinds of traders in particularly the traders who are newcomers. But in spite of a profitable trading policy scalping dont allow by and large trading brokers in their trading platforms, so, we the traders who are particularly scalpers have to be careful when choosing a broker.
     
  2. Joe Hoover

    Joe Hoover Registered

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    Scalping is a short term trading strategy where traders make investment in smaller trading lots with a view to earning smaller to moderate profit by taking advantage of smaller price fluctuations of a currency pair. Among the risk adverse investors, scalping is becoming popular day by day as a short term trading strategy. However, scalpers will require lower transactions costs as well as fastest trade executions to take the advantage of market price movements in a prompt way.
     
  3. DanielH

    DanielH Registered

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    Scalping is a short term trading strategy that in my experience has not been very good. I think it's very exciting yes, but it has not been profitable for me.
     
  4. Famery

    Famery Registered

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    Scalping is a profitable strategy and you can use this strategy if your broker allows scalping. You can make a lot of profit with scalping and most of the new traders always love to use this.
     
  5. Xerof

    Xerof Registered

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    I am doing scalping with combination with forex rebate. If you know what are you doing, if you are not greedy and have a little luck you can earn money.
     
  6. HermanFxTrader

    HermanFxTrader Registered

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    I do scalping sometimes. With FreshForex, I can do it without any restriction. I love scalping even if profits are small. I like fast-pace trading.
     
  7. moneybaggy

    moneybaggy Registered

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    Rebate is not strategy of its own, how do you combine both. Scalping is opening trades and close them within 1 minute. Some can extend their position to 2 minutes tops. The most common form of scalping is that of 60 seconds. It is one of the most profitable form of trading. However, you must open a large number of trades to see meaningful profit. I scalped with an EA connected to Forexchief server. The broker's server is very fast and gets you in and out without slippages.
     
    Last edited: Feb 27, 2019
  8. nathanigran

    nathanigran Registered

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    I just got an answer on how to make more profits off your scalping, that is by opening more trades when scalping. Thanks!
     
  9. Dang

    Dang Registered

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    I was particularly careful about the broker to use because of scalping restrictions. I selected Forexchief since they allow scalping without restriction.
     
  10. moneybaggy

    moneybaggy Registered

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    Not bad, so in essence the broker we choose has a direct bearing on the success of our scalping?
     
  11. Dang

    Dang Registered

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    Of course, some brokers have restrictions on scalping and other things. You should ask well before you choose.
     
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