How I do scalping as a day trading and short-term investing strategy

Discussion in 'Trading' started by Forexer Guru, Feb 1, 2023.

  1. I have tried several long-term trading strategies for several years but failed. I think scalping is much better
     
    SimpleMeLike likes this.
  2. So how do you do scalping?
     
  3. cvds16

    cvds16

    Forget about short term scalping. The Real Money is in long term trading strategies.
     
    Handle123 and murray t turtle like this.
  4. cvds16

    cvds16

    F.E. buy gold and sit on it till 3330
     
  5. maxinger

    maxinger

    Day trading - trade a few tens of round turns a day

    scalping / high-frequency trading - trade hundreds/thousands of round turns a day


    I guess you mean day trading.
    If you trade forex, it might be difficult as forex doesn't move much.
    eg past few days Eurusd hardly moved; it moved < 0.5%/day

    Trade things that move on most days.

    You have to explore further and see if day trading suits you.
     
    murray t turtle likes this.
  6. cvds16

    cvds16

    another one buy Euro and sit in that one till 1.2640
     
  7. cvds16

    cvds16

    buy vitcoin and sit on it till 93600
     
  8. maxinger

    maxinger

    upload_2023-2-1_20-32-37.png
     
  9. Hey @maxinger
    I dont know you personally but I remember that name. Long time.
    I tried long trading for so long but no growth, see below.

    upload_2023-2-1_16-32-13.png

    Luckily I discovered a scalping strategy. I want to see how it goes. I was scalping GBPUSD despite the high impact news....


    upload_2023-2-1_16-34-39.png

    Below is the trade,




    upload_2023-2-1_16-29-50.png


    see the current price

    upload_2023-2-1_16-35-23.png
     
  10. that was a mere 0.65% gain but my target was 1% gain.
     
    #10     Feb 1, 2023