The Most Active and Welcoming Investment Community Online
Join and Discover the Best Way to Invest and Grow your Money.

Welcome to Our Community
Wanting to join the rest of our members?
Feel free to sign up now.

Scalping

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

  1. Joy Bahadur

    Joy Bahadur Registered

    Messages:
    278
    Likes Received:
    0
    Trophy Points:
    0
    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. Crypto Is Making People Rich

    And You Can Become The Next Millionaire…

  3. Joe Hoover

    Joe Hoover Registered

    Messages:
    155
    Likes Received:
    0
    Trophy Points:
    16
    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.
     
  4. DanielH

    DanielH Registered

    Messages:
    12
    Likes Received:
    1
    Trophy Points:
    3
    Portfolio:
    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.
     
  5. Xerof

    Xerof Registered

    Messages:
    15
    Likes Received:
    2
    Trophy Points:
    3
    Portfolio:
    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

    Messages:
    21
    Likes Received:
    0
    Trophy Points:
    1
    Portfolio:
    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

    Messages:
    66
    Likes Received:
    3
    Trophy Points:
    8
    Portfolio:
    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

    Messages:
    36
    Likes Received:
    1
    Trophy Points:
    8
    Portfolio:
    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

    Messages:
    36
    Likes Received:
    0
    Trophy Points:
    6
    Portfolio:
    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

    Messages:
    66
    Likes Received:
    3
    Trophy Points:
    8
    Portfolio:
    Not bad, so in essence the broker we choose has a direct bearing on the success of our scalping?
     
  11. Dang

    Dang Registered

    Messages:
    36
    Likes Received:
    0
    Trophy Points:
    6
    Portfolio:
    Of course, some brokers have restrictions on scalping and other things. You should ask well before you choose.
     
  12. Cecil Marshall

    Cecil Marshall Registered

    Messages:
    360
    Likes Received:
    5
    Trophy Points:
    18
    Scalping is a profitable short term strategy but it has risk also. Most traders do not get success in scalping. Scalping tends us to do more trading. As a result it creates undisciplined traders. After getting skilled you can do scalping. For scalping you need a good broker like XeroMarkets that provides low spreads and instant trade execution. It also gives very low spreads as low as zero pip and up to 500:1 leverage which is good for scalping.
     
  13. Diane Abbott

    Diane Abbott Registered

    Messages:
    59
    Likes Received:
    0
    Trophy Points:
    6
    Portfolio:
    Scalping is a very popular way of trading but it is also one of the most challenging. One can do it randomly, but success with it only comes when you are truly skilful. But I will say broker always a very important role when you do scalping. I do it successfully for years, and the biggest contributor to my success is my broker FreshForex, thanks to their smooth trading platform, low spreads, no issues over slippage, re quote and also able to work freely without restrictions.
     

Featured Resources (View All)