Gee Dee Posted September 22, 2018 Share Posted September 22, 2018 For ensuring profits from scalping a trader will always require a broker that can ensure him lower transaction costs and easy trade executions. As a scalper, I can say that I am satisfied with a regulated broker ForexChief since it is ensuring me lowest zero spread, a good leverage of 1:400 and re-quote and slippage free timely and fastest trade executions all the time which I actually require as a scalper. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 19, 2022 Share Posted September 19, 2022 The issue of scalping is generally quite difficult, because many companies do not support such a strategy. Quote Link to comment Share on other sites More sharing options...
James Mcgrant Posted September 20, 2022 Share Posted September 20, 2022 Scalping can be profitable only to traders that trade with proper knowledge, strategy, and a reliable broker. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 21, 2022 Share Posted September 21, 2022 It should also be understood that this is not very safe, because many companies do not support such a strategy. Quote Link to comment Share on other sites More sharing options...
Liam Posted October 7, 2022 Share Posted October 7, 2022 Though scalping is risky and can blow up your entire account, it is also profitable if you trade with proper knowledge, strategy, and a reliable broker. Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 9, 2022 Share Posted October 9, 2022 Scalping could be profitable if we can works to ride the short movement on low timeframe, there are a winner contest works based scalpjng strategy, but indeed not all traders suitable with scalping, this is need high patience, right timing to enter and exit and focus, some trader use scalping ea to replace their hand. Choosing low spread broker is important for scalper trader because low transaction cost gives more benefit due they can open and closed orders many times daily. There are a chance for all traders joined free contest namely "Catch zeros spreads Ticktrader platform" to get real prize from FXOpen. Quote Link to comment Share on other sites More sharing options...
Ralph Posted September 7, 2023 Share Posted September 7, 2023 In my opinion, every trader has a unique passion for trading; thus, traders should be able to better understand and concentrate on that passion in order to maximize profits and reduce the dangers associated with forex trading. Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 7, 2023 Share Posted September 7, 2023 There are so many trading strategies for scalping traders, we can use a stochastic oscillator in small timeframe, or we can use parabolic sar, Bollinger band, etc. Even to effective scalping, we can use price action and candlestick patterns focusing on support and resistance zones. I like scalping trading with FXOpen because low spread in major pairs Quote Link to comment Share on other sites More sharing options...
nanamage Posted November 13, 2023 Share Posted November 13, 2023 Scalping can be profitable for some traders, but it also involves high risk due to the quick and frequent trades. Success often depends on skill, strategy, and the ability to manage risk effectively. It's good that you've had years of practice and are confident in handling it. Remember to stay informed about market conditions and continuously refine your approach. FreshForex is a solid choice for traders who use trading strategies during news releases and for scalping. To make scalping strategies profitable, customers can get Rebate bonuses and receive compensation of up to 20 USD for each closed transaction. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted November 14, 2023 Share Posted November 14, 2023 Scalping can be profitable for some traders due to its focus on exploiting small price movements. However, it requires a solid strategy, quick decision-making, and a good understanding of market conditions. Successful scalping often depends on tight spreads, low latency, and efficient execution, so choose a broker that supports these requirements. For example, appropriate brokers for scalping are Hotforex or Tickmill or similar which offer accounts specifically for scalping. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 1 Share Posted January 1 On 11/13/2023 at 8:17 PM, nanamage said: Scalping can be profitable for some traders, but it also involves high risk due to the quick and frequent trades. Success often depends on skill, strategy, and the ability to manage risk effectively. It's good that you've had years of practice and are confident in handling it. Remember to stay informed about market conditions and continuously refine your approach. FreshForex is a solid choice for traders who use trading strategies during news releases and for scalping. To make scalping strategies profitable, customers can get Rebate bonuses and receive compensation of up to 20 USD for each closed transaction. In Scalping the most important factor for any trader is the use of the Exact market timings so that the income remains stable. Quote Link to comment Share on other sites More sharing options...
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