Back when I began forex, which wasn't a long time ago, I use to scalp. I did this for a while before realizing that it was futile for me. Do not lose that much money, since I just used a bit per commerce but nevertheless lost a bit.
Today im not going to bash scalping all together, but I'd like to find that the amount of people who actually earn money out of it. I know the whole deal, appropriate money management, ive preached it again and again, so no one has to compose a book about the fundamentals of it.
Once I refer to scalping im speaking about 15 min charts, 5 min charts, 1 min, and even ticks. For scalping on FF, I see a lot of threads that are popular. Im sure we have all tried them on demo, or reside.
I exchange on 4hr-weekly charts, which I find is a whole lot more profitable and saves hours.
-Taking into account the total amount of time used for scalping vs. the period of time used for creating a couple of trades a week.
-Knowing that longer duration S/R levels are somewhat more reliable.
-Knowing that spread is a massive element in scalping.
Having a life outside trading.
And some other facts.
: Not worth it in comparison with higher time frames.
Arguements, strong worded risks about how I'm wrong, agreements, and comments welcome
Oh and im going to throw at a poll to see that time frame you prefer.