Scalping is a short term trading .The beginners love this type of trading because they get results in a short time and they concentrate on trades for some moments . They can get a small profit soon from a trade .I think scalping is good for newbies for getting experience of trading and for getting some profit .Beginners also face loss of a little amount of money from scalping by setting stop loss order in their trades . Some people think that it is a wastage of time and it is not proper trading .
How about you opinion?
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Thread: beginners traders love scalpling
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27-01-2015, 10:10 AM #1
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beginners traders love scalpling
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02-02-2015, 01:44 PM #2
Using small amount or demo account, will make us be able to hone trading skills. But i think for testing trading strategy, we should use demo account because it's more safe and we also should not spend money to test our trading strategy. And we also must not. that any strategy we use for trading, there is risk which we should minimize "Invite your friend, get $10 and win $5,000"
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02-02-2015, 04:25 PM #3
Yes they do, because of the reason that they are new in the Forex market, that's why they love to do this stuff because they like short term profits,but that can also leads to some complex problems as well because that can also leads to some losses as well in the market.
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20-02-2015, 03:37 AM #4
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I had same sort of mindset before I joined YesFx Company, but now I am changed and I know real traders don’t do scalping but they do long term trading. Ever since working with them I was taught everything from maintain my capital to working out risk management, it was a course that highlighted every issue that a newbie could struggle with and only the presence of the lecturer did world of good to my confident and also experience and now I can say that after joining them especially the Remote FX Traders program I hate doing scalping as I can make much more profits with long term trading using technical analysis.
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20-02-2015, 03:17 PM #5
Yeah Beginners in the Market just Love doing scalping and I think for the short term profits it is really good tool to have and skill to have, but for longer term, you need to trade like a professional, FBS Provides great platforms for traders including Scalpers.
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26-02-2015, 03:05 AM #6
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It’s true as I am a new comer and I like scalping more because I am able to make profits quickly but it’s risky but since I am trading with one of finest brokers in the world Nova FX, it is no risk for me with using their Risk Free Program, it is one of it’s kind and I am able to get 3 chance first up where even if I lose I can get my losses refunded and it’s guaranteed.
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11-03-2015, 08:29 PM #7
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No, I am a beginner but I don’t like scalping. It’s very risky to my funds so I don’t do it. I only trade in long term strategies and thanks to OctaFX broker I am able to do it with ease. I use the swap free account option so this gives me freedom to keep overnight trades without commission been charged so this is a big offer for newbies like me who hate paying commission from their low investments that we have.
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12-03-2015, 02:57 PM #8
Yeah beginners in the market loves to do scalping and they are doing it on consistent basis and some of them are making some serious money out of it, but there is also a risk.
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18-04-2015, 08:42 PM #9
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No this is not completely true because there many beginners including me who like long term trading, it is very risky to do scalping in early days as there is risk of losing all and that’s not nice risk to take so early, it can be good if rewards are very high but I don’t think anyone will make million by scalping in early, so that’s why we should be very careful and I am very lucky to have OctaFX as my broker, it’s solo responsible for the results that I have got so far because of the small spread of just 0.2 pips that is charged.
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20-04-2015, 01:58 PM #10
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For me personally a scalping method is more of a gamble than a longer term trade..
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