Can you make money scaloping

Trading forex might seem like a fast, easy way to make money. Put on a trade at high leverage, aim for a pip or two, and collect the money. Sounds plausible right? Until you lose a couple of times in a row and find that your losses are so much bigger than your wins that you easily end up in a hole that you can’t dig can you make money scaloping way out of. So, what is the answer if you want to use scalping as your trading method? Unfortunately, the answer is to set your sights lower as far as how much you want to make per trade and probably set your targets higher. Scalping as a trading method is not recommended. Most traders using this method don’t have a solid reason for their trades, and it creates a knee-jerk type of trading that ends up not serving anyone. If you’ve ever heard of position trading, this is what I would recommend if you want to make some money scalping. When you position trade, you put multiple trades on in a currency pair and end up with an average price.

Trading Computer Specs. Scalping is day trading on steroids! It involves the opening and closing of positions in a very short period of time to realize quick profits. Day traders who employ scalping techniques can buy a stock and sell it in seconds or minutes. Scalping is not only limited to stocks though. All that a scalper needs is a liquid market and a lightning-fast execution. This means that currencies or forex and futures like the eminis are fair game. Does scalping involve risks? Sure it does. All types of day trading or investing involves risk. Since day traders who scalp are in a position for a very short period of time, they are not exposed to the risk of losing a larger amount per trade that comes from holding a position for hours, days or longer. Running a business and a full-time family does not afford me the time to scalp. Nevertheless, the best day traders I know are scalpers. I work with some and also incubate talented scalping day traders by helping them raise funds.

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If you know how to scalp successfully and would like an opportunity to trade for others, please complete our talent form Oops, I forgot to mention that I can only incubate forex or currency scalpers — not futures or stock day traders. Talented Scalpers Wanted Are you a trader that knows how to use scalping successfully in the forex market? I can give you access to investor capital if you are talented, and you can begin trading other people’s money for a living. Click here to learn more.

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The Forex, stock and futures markets provide a platform where an individual can invest their capital for the long-term, like a k. Unlike traders who invest their money hoping to see their returns grow over time, scalping involves making numerous trades every day, often tens of trades or even hundreds. It is a really intensive trading strategy that has the potential to earn the trader huge profits by combining the small profits collected throughout the day. Still, it is not a very popular choice among most traders either because of the intensity or the seemingly meagre profits earned from each trade, but it can actually be quite profitable. Many traders earn huge profits from scalping, but there are still losers just like with any other trading strategy.

Scalping is a trading style that specializes in profiting off small price changes , generally after a trade is executed and becomes profitable. Having the right tools such as a live feed, a direct-access broker and the stamina to place many trades is required for this strategy to be successful. Read on to find out more about this strategy, the different types of scalping and for tips about how to use this style of trading. Scalping is based on an assumption that most stocks will complete the first stage of a movement. But where it goes from there is uncertain. A scalper intends to take as many small profits as possible, without letting them evaporate. This is the opposite of the «let your profits run» mindset, which attempts to optimize positive trading results by increasing the size of winning trades while letting others reverse. Scalping achieves results by increasing the number of winners and sacrificing the size of the wins. A successful scalper, however, will have a much higher ratio of winning trades versus losing ones, while keeping profits roughly equal or slightly bigger than losses. When scalpers trade, they want to profit off the changes in a security’s bid-ask spread. That’s the difference between the price a broker will buy a security from a trader the bid and the price the broker will sell it the ask. So, therefore, they’re looking for a wider spread.

On those that fail, I usually can see the trade is not going to work very quickly and I see no point in sitting in a trade waiting for it to hit a stop loss. Reactions: theroguetrader and MrMiyagi. Minimize the use of indicators Trading indicators used by technical analysts and advisors are great for informing a trader of any opportunities that may present themselves in the near future. This seems silly to say, but overall, scalping is not a viable trading method. Even with resting stops you can be filled well away from your stop loss price. Such news announcements can cause the markets to break away from the direction your trading instruments were pointing at. Another one of those sprint versus marathon running discussion. Scalping the futures market The futures market has recently become a hour market, and this can give a scalper the opportunity to trade throughout the day. Suppose you trade both styles, and you are trading fulltime, which style makes you more profit?

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Everywhere Threads This forum This thread. Search Advanced…. New posts. Search forums. Can scalping make you rich? Forums Methods Discretionary Trading. JavaScript is disabled. For a ccan experience, please enable JavaScript in your browser before proceeding. GCC Active member. Recently there is a post on position trading by Ingot Although he acknowledged that there are successful scalpers, he went on to quote from some people that short-term trading is not as profitable as long-term trading.

I have ploughed through the forum and I found there are people trading intraday successfully, like Mr Chart see his method. However, I am more interested in the profitability of the two cah of trading. Do you think the pipwise difference in target profits in the two kinds of trading can be compensated with higher leverage, without risk more volatility?

Suppose you trade both styles, and you are trading fulltime, which style makes you more profit? Or if you were to quit your job and trade professtionally, which style would you prefer? It is quite a long list of questions, and it certainly rivals a boring job interview, I confess. However, I am sincerely interested in this topic, since I myself is trying to choose between the two as. I appreciate your time in advance.

Scalopig KillPhil Bolimomo Member 60 Another one of those sprint versus marathon running discussion. Ca boring. Different people are built differently! Some are good at meter mpney. Some are good at 26 mile marathon. Some can do. Some can’t do either! Try them. Try them all! See what fits you. If you can do both, that’s great! Reactions: theroguetrader and MrMiyagi. Bolimomo said:. Last edited: Apr 13, Aspire Active member The money is not and should not be a cab when moneh your style. Omney bfirthJRP and rawrschach.

Aspire said:. Why not? It’s all about money and risk isn’t it? Scalping can make you rich, it can make you richer than that Charts Legendary member 7, 1, GCC, I’ll answer your questions when I’ve got some time, but I used to position and swing trade but found I could make more money intra-day trading. Taylored Active member Day-trading allows for impatience and lack of discipline and taking bad signals.

People think because there is more opportunity there is more to be made from day-trading and this to a certain extent can be true. Scalping what cqn been starting to realise is the best way to trade is to find swing trading opportunities in forex, then enter them on a 5-minute omney trying to get a point stop loss with a pip target.

Thank you for all your replies, I am sure many people will find them as helpful as I. Well, for starters, like I said, you can make far maake money either way than you will ever be able to spend so for someone starting out to be worrying that they won’t he able to make enough with one style is a bit silly. Charts said:. Taylored said:. Last edited: Apr 14, Am i called a scalper, my trades are generally taken from two different trading styles, I look for points based on volatility.

My ratio to targets and stops are not what they tell you in all the books. However, I do move my stop closer to my entry, once the market have moved in my favour by some points, again, based on volatility on the market I am trading. Did you know, the most successful day traders, are the most ccan, something to pounder. GCC, 1. First some background: I swung and position traded for a few years in the s whilst I was a full time dentist and mak trading profits were scaloipng and reliable.

I also traded futures and options. I then started day trading US shares in the evenings and on my afternoon off. I found I made more profits and realized I could make more trading full time than being a dentist, and enjoy it a great deal more, so I sold my practice in and have day traded using several set ups and triggers ever.

One of those set ups is linked below my signature. So yes, my personal experience is that hou trading is far more remunerative and you sleep mmake at night because you carry no overnight risk.

You are flat every night, every time you go on holiday, no worries, no stress. On those that fail, I usually can see the trade is not going to work very quickly and I see no point in sitting in a trade waiting for it to hit a stop loss. Even with resting stops you can be filled well away from your stop loss price. I mwke you can see how many more opportunities there are intra day than on a daily chart in the example of LRCX.

You must log in or register to reply. Help me write a robot on it! Similar threads R. First Steps. General Trading Chat. There is a great indicator for scalping! Started by montana Aug 29, Replies: 5.

Top Bottom. AdBlock Detected. We get it, advertisements are annoying! I’ve Disabled AdBlock. Profitable expert scalping EA. Dec 26, Scalping and Wealth Building. Dec 24, Might be good if you like 5M scalping. Dec 15, Aug 29, Indicator for scalping ScalpingDotx.

Would the trader not be better off, trading longer term and swing trading? I don’t know about the exact percentage in relation to success rates for yuo traders but that figure would not surprise me. The day traders that make money are the scaaloping working for the big world class institutions. Those who have the best algorithmic traders who have the fastest nano second transaction times black box have a real competitive edge are are the real profit makers. They are in and out within a fraction of a nano second are the day traders with the best possible chance of making the real money. There has been research carried out on this specific topic and if one researches hard enough then they may well find it.

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Here are results of back tests, using same strategy to scalp trades versus longer term swing trading. You are posting as a guest. If you have an account, sign in now to post with your account.