Scalping is Risky?

Discussion in 'Forex' started by Coner1980, Jul 22, 2020.

  1. Relentless

    Relentless

    Where he is at has nothing to do with it. He's been showing profitable scalp trading for quite the duration now on these boards.

    All markets are manipulated. Don't feed me this Forex bullshit.

    You can't do it so its impossible. We got it.
     
    #161     Nov 8, 2021
  2. I just want to see volpris cumulative pnl and know why he's not a multi-millionaire yet.
     
    #162     Nov 8, 2021
  3. Relentless

    Relentless

    Yeah. And then you'd want a physical paper statement sent to your address. Then you'd take it so someone to verify the statement has in no way shape or form been doctored. Then you'd call want to conference call with his broker to confirm with them this is in fact a real statement.

    It's a rabbit hole. You shills are never and can never be convinced. At this point you could literally sit down behind him as he drags money into his account via live trading and you'd still say he's lucky.

    :rolleyes:
     
    #163     Nov 8, 2021
  4. Lol the dude is cherry picking screen shots and you believe him?
     
    #164     Nov 8, 2021
  5. deaddog

    deaddog

    Back to the question. Is scalping any more risky than other types of trading? If so why?
     
    #165     Nov 8, 2021
  6. DepthTrade

    DepthTrade

    Because one is always taking a different trade set-up/ time, so it is close to impossible to have any statistical baseline to measure from. The only place you will see it is a couple people on MyFxBook using no name brokers who have access to modifying the data.
     
    #166     Nov 8, 2021
  7. tiddlywinks

    tiddlywinks

    How do you know he is not a multi-millionaire? Because he enjoys gardening?
     
    #167     Nov 8, 2021
  8. deaddog

    deaddog

    What is to measure? At the end of the day you have either made or lost money.
    I'll admit I'm not familiar with forex but trading is trading. Why is scalping more risky? The only time your account is at risk is when you are in the market. With scalping you are only in the markets for short periods of time.
     
    #168     Nov 8, 2021
  9. DepthTrade

    DepthTrade

    Hello DD
    Read then re read my first statement over and over again until it makes sense. It is the realist statement on forex one will ever hear. Close to nothing else matters when it comes to not losing, than that statement. When you fully understand it, you will be heading in the right direction on a path with no end and no light at the end.
     
    #169     Nov 8, 2021
  10. deaddog

    deaddog

    Lol: Well that sure explains it.
    Because one is always taking a different trade set-up/time.
    What if one only took a set-up that had a high probability of being profitable, you know like if one had an edge? That's pretty risky.

    What if one cut ones losses quickly? That's pretty risky?

    What if one kept ones own stats and the confirmed ones edge? Would that be risky?

    I only read the statement a couple times but I don't think I can grasp the concept.

    FWIW I don't scalp. My time frame is much longer. I just don't see the risk in scalping.
     
    #170     Nov 8, 2021