Is scalping still profitable?

Discussion in 'Trading' started by qlai, Dec 19, 2018.

  1. Dizaj

    Dizaj

    Scalping is a risky form of trading where you have the opportunity to gain huge profits but there is also a chance of losing money quickly. So, if you have control and experience of trading then you can choose it as a trading option. It is up to you what you choose!
     
    #61     Feb 27, 2019
  2. bone

    bone

    HUGE and "scalping" are a hyperbolic parodox. HUGE is when you hold on to a winning position for days, weeks, months...
     
    #62     Feb 27, 2019
  3. icallgod

    icallgod

    Scalping profit is far from huge. You need to open multiple trades simultaneously to achieve anything significant, that is if 70% of them are profitable. There is one scalping strategy I usually apply to my Forexchief MT4.DirectFX account twice in a week. I usually open 12 to 20 trades same day and close in 60 seconds or less. Highest profit from one is 20pips.
     
    #63     Feb 27, 2019