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beginners traders love scalpling


uncle gober

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Short timeframe trades can be good for practicing and understanding the technicalities of trading. Some caution should be used, though, when it comes to the idea of short-term gains. Scalping is not suitable for all beginners, as you need to place many trades over time to accumulate profits, and that can be difficult to manage.

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On 11/3/2022 at 6:52 PM, Dora Wi said:

Short timeframe trades can be good for practicing and understanding the technicalities of trading. Some caution should be used, though, when it comes to the idea of short-term gains. Scalping is not suitable for all beginners, as you need to place many trades over time to accumulate profits, and that can be difficult to manage.

Yeah I would also advice beginners to start from higher timeframes because technical pattens are more reliable there and infrequent trades protects naturally from scalping which can easily turn into gambling and 

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On 3/25/2023 at 6:41 AM, bigxy said:

Scalping can be good only when we know what we are actually looking for in the market otherwise getting in to the trade and exiting might benefit the broker only as they will be charging their spread or commission on every trade.

When we are doing scalping based trades we will need to keep exact timings.

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New traders being unaware of the market conditions should keep away from scalping instead they should try learning on higher time frame trades rather than getting in and out quickly and hurting themselves by paying commissions to the broker or either blowing up their accounts.

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On 4/6/2023 at 7:37 AM, bigxy said:

New traders being unaware of the market conditions should keep away from scalping instead they should try learning on higher time frame trades rather than getting in and out quickly and hurting themselves by paying commissions to the broker or either blowing up their accounts.

It is not all traders suitable with scalping if likely emotion often stressing because scalping, better using intraday trading or swing trading more convenient

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On 6/21/2023 at 4:12 AM, radex78 said:

It is not all traders suitable with scalping if likely emotion often stressing because scalping, better using intraday trading or swing trading more convenient

We will need to learn doing our Forex trading and we should also have the knowledge about The world's Top 10 Currencies so that we are able to take better advantages of them in our trading and make the required profits.

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Short term trading scalping needs to choose low spread broker and low spread trading pair. Not all broker allows scalping because high frequency trading could disturbing their server being slow. So choosing broker is very important if want to work scalping, FXOpen is good broker for scalping because this is ECN broker and also offer spread from 0 pips

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If we can master scalping trading strategy, it could becomes profitable trading strategy to make money through forex trading, choosing pair low spread good average movement daily like EURUSD is suitable for scalping. In FXOpen the spread of EURUSD sometimes get negative spread in ECN account.

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Most beginners prefer scalping because it is one of the quickest methods to earn profits. Even though the risk is higher, it is also profitable when traded with a proper strategy and broker.

I use FP Markets because the spreads are tighter, averaging around 0.1–0.3 pips, with a faster execution speed of 26 ms.

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Beginner traders often gravitate towards scalping due to its perceived quick profits and excitement. Scalping offers frequent trading opportunities, which can be appealing to those eager to see immediate results. However, it requires strong focus, discipline, and precise execution, making it challenging for newcomers. As beginners gain experience, they may explore other trading styles to find the one that best suits their skills and temperament.

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