Scalping - boon or bane?
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Thread: Scalping - boon or bane?

  1. #1
    Scalping - curse or Blessing?
    Life Trading
    Real Accounts

    When I started to trade the FX market over 15 years ago, I thought that scalping was an effortless way to generate profit. Put on a trade, waiting for some pips, and collect the cash. Sounds plausible ? Until I have lost a couple of times in a row and discover my losses are much larger than my wins that I could easily end up I can't dig my way from.

    Thus, what is the answer in the event that you really wish to use scalping as one of your trading style?

    Following 15 years experience I will say that scalping remains a high risk trading style and invoicing will be accomplished after taking the measurements on site.

    Scalping appears a'back breaking' work inconsistent due to the fact that the market changes easily its direction it can happen in a minute and quite frequently with the attention of these decreased timeframes with no discernible reason. As you may end up making the choices that are incorrect and bad choices. Cope with or scalping actions can cause you to become confused and lost in your thoughts with only the occasional bump to browse around.

    It is simple making money with scalping within short time here and there. You can quadriple the account easily within three or two weeks once the market is currently going stright away on your leadership - then it's a doozy! - but can you state it when comparing your scalping orders over months? ,... possibly more than years?
    You win some, you lose some.

    Real Life Account
    Swiss Scalping - Leverage 1:50, Deposits: 1'000. -$, Beginning Date: 2014 September 18, p.41, #814
    2014 October 03: Equity: 1'106.47$, Profit: 106.47$ ( 10.6%) (Beginning Date: 2014 September 18), p. 57, #1'132, #1'161; 10% over one month.
    10'000. -$ should be the minimum when scalping in Life, 25'000. -$ is advocated, 50'000. -$ should be comfy.
    (additional explenation: p.45, #890)

    A part of my scalping design here is based on preceding egies.
    Sicko-Scalp-Machine, https://www.forexforum.co.za/trading...s-15-mins.html
    Simple Scalp Machine, https://www.forexforum.co.za/trading...nal-245-a.html
    Scalping 10sec., 30cec, M1, https://www.forexforum.co.za/general...ex-trader.html
    TASAYC (Trade As Easy As You Can), https://www.forexforum.co.za/general...d-thought.html
    Scalping Swinging, https://www.forexforum.co.za/general...a-aud-jpy.html
    M5-Two-Way-Confirmation-Strategy, https://www.forexforum.co.za/trading...imeframes.html
    Time Cell Trading, https://www.forexforum.co.za/trading...newbi-log.html
    TraCop-1 percent, https://www.forexforum.co.za/trading...id-trades.html

    Dear Scalping Trader Non-Scalper!
    Feel free to publish your scalping ideas or counter arguments at this board here!

    Kindest regards
    FXcube

    ___

    Further remarks
    p.9, #166, #168; p.25, #481 - p.26, #518 (FXcube); Cascading Trading, p.15, #248 - #286; Pareto-optimum or best? , p.16, #316; p.27, #530 (iDoubleStoch);
    ___

    Indiors Templates
    p.10, #198, https://www.forexforum.co.za/attachm...1726399834.tpl, https://www.forexforum.co.za/attachm...1412254789.tpl, (see also p.11, #214); p. 18, #346, https://www.forexforum.co.za/attachm...2126933004.tpl, https://www.forexforum.co.za/attachm...1215998006.mq4; p.47, #940, https://www.forexforum.co.za/trading...-scalping.html, https://www.forexforum.co.za/attachm...1231835452.mq4;

    ___

    End
    This thread was closed by FXcube at 2014 October 03, see p.58, #1'160.

  2. #2
    Summary
    1K-Account
    2014 September 18 - October 03
    Profit: 10%
    FXcube

  3. #3
    I will publish my ideas in the next months in this thread:
    Members' Lounge
    Hodgepodge Life Trading
    https://www.forexforum.co.za/trading...sd-charts.html
    Kindest regards
    FXcube

  4. #4
    Scalping boon or bane?
    Any trader have their very own technique to perform forex trading, even if u use scalping, un must understand what a risk of that technique, cause which technique need a focus and speedy answer for any price motion, if u win u can call it boon, but if u lose why u call it bane? No one will got profit, any trader constantly face with lose.

  5. #5
    It could be a blessing or curse depending on what type of scalping you're currently talking. There's betting scalping the real scalping. The latter is basically any commerce that last several minutes to several hours within 24 hours interval. Closing opening deals on every candle close is not currently scalping but gambling

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