Scalping is Risky?

Can you suggest a broker with the low spread for scalping?

 

now i am doing scalping by EUR/USD. sounds good till now.

 

have a good journey , keep moving with cool mind and risk management. happy trading

 

Just use stop loss as well in order to be on the safe side.

 

without your stop loss the trading condition like a ship in ocean without a rudder.

 

Scalping is a risky strategy, although it is a profitable strategy for short-term rewards. Traders need to be quick and have a strong trading psychology to become a profitable scalper.

 

long term is good and safe if you have a good amount of balance.

 

I guess it is considered that way due to the high frequency nature of it, low risk to rewards and requirement for high strike rate.

 

Scalping traders maybe can make a big accumulation profit from many trades they made, but also need to accompanied with risk-reward ratio to keep small drawdown, will vain able accumulate big profit but one-time loss make all profit vanish.

 

I scalp daily, the big lesson learned is don't scalp choppy days like today, I lost $400 today scalping .... I have to be more disciplined re overtrading