FXOpen Trader Posted March 30, 2023 Share Posted March 30, 2023 On 3/16/2023 at 7:41 PM, bigxy said: Entering and exiting from trading marketplace is called scalping which can be risky for the new traders so they should trade on longer time frames. When we are doing scalping based we tend to understand the market timings. Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 1, 2023 Share Posted April 1, 2023 Scalpers, in my opinion, only have been trading on smaller timeframes getting in and out of the market however they can make more during the volatility of markets. Quote Link to comment Share on other sites More sharing options...
RolexFX Posted April 19, 2023 Share Posted April 19, 2023 As far as I know, scalpers open a large number of positions in a single day and always employ the shortest time period. And since I trade with FP Markets, it is an advantage because of their faster execution and lower spreads. Quote Link to comment Share on other sites More sharing options...
radex78 Posted May 31, 2023 Share Posted May 31, 2023 Scalping could be a profitable trading strategy if we understand how. This will get more benefit with choosing low spread broker like FXOpen, for scalping trading we can choose EURUSD, USDJPY, and GBPUSD, and working in a small timeframe, like M5, even we can use M1 to get detailed prices for the short term. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 23 Share Posted January 23 On 6/1/2023 at 4:13 AM, radex78 said: Scalping could be a profitable trading strategy if we understand how. This will get more benefit with choosing low spread broker like FXOpen, for scalping trading we can choose EURUSD, USDJPY, and GBPUSD, and working in a small timeframe, like M5, even we can use M1 to get detailed prices for the short term. We can make profits if we are trading in the correct time zones and with a proper trading based plan. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted February 7 Share Posted February 7 A scalper is an individual or entity engaged in the practice of scalping, a trading strategy focused on making small, quick profits from the frequent buying and selling of financial instruments like stocks, currencies, or cryptocurrencies. Scalpers aim to capitalize on short-term price fluctuations, exploiting minor market inefficiencies. They typically execute a large number of trades in a single day, holding positions for a very brief period, often just seconds or minutes. This strategy requires keen market analysis, rapid decision-making, and a thorough understanding of technical indicators. Scalpers leverage technology, such as algorithmic trading, to execute trades swiftly and efficiently. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted February 8 Share Posted February 8 On 3/15/2023 at 3:38 PM, jamante said: scalping is like a "hit and run" trading strategy, you enter for seconds or minutes, hit a certain small profit, then run with it by exiting. time consuming but profitable. though on my hfmaccount rarely do i scalp Can you suggest which HFM account type is best? Collecting opinions to make informed decision, lol Quote Link to comment Share on other sites More sharing options...
jamante Posted Wednesday at 01:57 PM Share Posted Wednesday at 01:57 PM On 2/9/2024 at 2:53 AM, boltushkin said: Can you suggest which HFM account type is best? Collecting opinions to make informed decision, lol im only using a standard premium account which works fine for me, depending on your plan and trading style and what u want to achieve really. better try a basic comparison of accounts and check what would work with your trading style the most. Quote Link to comment Share on other sites More sharing options...
bigxy Posted yesterday at 12:57 AM Share Posted yesterday at 12:57 AM Each account type has different properties similar to the traders who have unique style and characteristics from each other, so i guess its upto us to compare the account types and choosing the right one to carry out our trades in the long run. Quote Link to comment Share on other sites More sharing options...
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