Thread: Had limited experience doing scalping?

Average scalper or IB want that scalping is not limited by the system that causes a loss, if we see there are certain rules that it could reduce revenues IB or trader with trading time and number of pips

Have you ever experienced that?

I have never experienced this during the trading in Armada Markets, they allow any trading strategy. You can scalp, using the use Expert Advisors (EA), hedge your position or trading during news releases without any restrictions

Ever but now, i feel comfortable with my broker, TenkoFx. To do scalping, trader must be selective in choosing broker so we will get the right broker.

Originally Posted by CahCuncun

Ever but now, i feel comfortable with my broker, TenkoFx. To do scalping, trader must be selective in choosing broker so we will get the right broker.

Nice to heard that, i am also comfort in Armada Markets. speed of execution and low spreads are needed by traders to do scalping to achieve maximum profit. this is usually the main thing when traders decide to choose the right broker for scalping. based on my experience, Armada Markets gives traders especially for scalpers with very good platforms.

I have got tons of experience when it comes to doing scalping since it is the main method that I use for trading and honestly speaking I am fairly successful as well but the success is not completely because of my ability but thanks to the unmatchable conditions like low spread of just 0.2 pips, high leverage up 1.500 and stop out level which range only into 15%, so with these kind of benefits, it is really anyone who can succeed with doing scalping.

There are many trader who are scalpers, i ve also tried scallping but never had any good success, so i avoid it.

I like scalping technique. I get a profit in the forex business using scalping techniques. I opened and closed the trading no more than 2 minutes. I need the speed of execution and low spreads to gain maximum profit. I am now comfortable trading with this system in the Armada Markets ( Now is Tickmill ). but this technique need discipline and patient to get the right moment for do that

At the moment I'm feeling really good with my broker which is FBS.COM and the best tthing with them is that they are offering some really good features for all the traders, doing scalping is a kind of jobs which I don't think every one can do or they need to do, so the best thing is to chose a good broker for that.

Starting of my career scalping was an absolute nightmare like for me since I had no experience so I did a very poor job but luckily did not suffer too much due to using of Micro account where I was able to start with low investment, it was just 5 USD with OctaFX broker, hence I was safe at least from major losses.

Now things are totally different as I am able to do scalping very smoothly with cTrader account. I get excellent conditions like low spread of just 0.2 pips, high leverage up to 1.500 and a very reliable trading platform where all our trading orders are executed instantly without stretching over time or giving requotes to any of the orders.

Originally Posted by Stephen Stills

Starting of my career scalping was an absolute nightmare like for me since I had no experience so I did a very poor job but luckily did not suffer too much due to using of Micro account where I was able to start with low investment, it was just 5 USD with OctaFX broker, hence I was safe at least from major losses.

Now things are totally different as I am able to do scalping very smoothly with cTrader account. I get excellent conditions like low spread of just 0.2 pips, high leverage up to 1.500 and a very reliable trading platform where all our trading orders are executed instantly without stretching over time or giving requotes to any of the orders.

It’s so dangerous to start the career with this sort of style because with that we might make huge money or end up losing everything. I also trade with OctaFX broker and they are truly awesome like you mention as they have great swap free account which helps me in trading and saves great amount of money for me and also I can keep my trades on overnight without any worry about charges so this saving comes so handy for me.

Trading with scalping method requires expertise and skill that good. novice traders should not be used to using this technique, but can use other analytical techniques which have a smaller risk. besides, if wrong in choosing a broker with a large spread and slow execution speed would be very dangerous. so now I use tickmill. this broker provide me EUR/USD pair with average raw spread 0.1-0.3 pips. Standard commission 20 per million and through my IB I get a 5% reduction. No-requotes on my close to 1700 trades now and Positive slippage on news trading.