flib Posted August 6, 2009 Report Share Posted August 6, 2009 Re: Scalping...is this a waste of time or can you.... I'm new to forex but I'm expecting the scalping style to be the one that suits me best because I've done a fair amount of arbitrage trading on the sports markets (a couple of years ago, when it was pretty easy). The fast trading, in and out, small regular gains type trading is probably what I will be trying first although I'm very aware that none of this is easy :) Quote Link to comment Share on other sites More sharing options...
mtaufik2 Posted August 6, 2009 Report Share Posted August 6, 2009 Re: Scalping...is this a waste of time or can you.... Scalping works with 5minute MACD and Stochastics... Quote Link to comment Share on other sites More sharing options...
happy12 Posted August 7, 2009 Report Share Posted August 7, 2009 Re: Scalping...is this a waste of time or can you.... You can use less than a 5 minute chart, but best if you are overbought/oversold into fibs & support/resistance for a quick bounce 5-7 pips. Quote Link to comment Share on other sites More sharing options...
xbx Posted August 7, 2009 Report Share Posted August 7, 2009 Re: Scalping...is this a waste of time or can you.... in 1 min chart , overbought/oversold is not reliable ! 1min chart means only noise. most of 1 min trading systems follow a trend. it means these trading systems find a good point to Enter a position and then follow it for 10~15 candles then they are not scalp systems ! real scalp must be in TIK chart ! Quote Link to comment Share on other sites More sharing options...
Izrullah Posted August 8, 2009 Report Share Posted August 8, 2009 Re: Scalping...is this a waste of time or can you.... Scalping, to me, is like a higher-level way of trading suitable for only 'advanced' traders? Quote Link to comment Share on other sites More sharing options...
zigajp Posted August 12, 2009 Report Share Posted August 12, 2009 Re: Scalping...is this a waste of time or can you.... As for the scalping, the result changes into broker's quality. And, It is likely to be defeated though it is likely to win according to the speed of the line you use when a lot of people use the same system at the same time no matter in case of how good the system by the same broker. Quote Link to comment Share on other sites More sharing options...
jacquespienaar Posted August 13, 2009 Report Share Posted August 13, 2009 Re: Scalping...is this a waste of time or can you.... Do you need a robot for scalping or can it be done manually? Jacques Quote Link to comment Share on other sites More sharing options...
saronian Posted August 14, 2009 Report Share Posted August 14, 2009 Re: Scalping...is this a waste of time or can you.... Using robot(s) for scalping is very depend on your broker's behaviour such as spread, slipage, price filter. You know some of proven good scalping robots did'nt work due to their cheat. Quote Link to comment Share on other sites More sharing options...
traderforex09 Posted August 14, 2009 Report Share Posted August 14, 2009 Re: Scalping...is this a waste of time or can you.... scalping in forex is a bit dificult , there is some execution problems Quote Link to comment Share on other sites More sharing options...
Kaishakunin Posted August 14, 2009 Report Share Posted August 14, 2009 Re: Scalping...is this a waste of time or can you.... And I think that scalping turns a lot of unneeded pressure so just be smart and trade with system that fits your personality.And one more-forget about GREED and FEAR,they are traders worst enemy and nightmare. Quote Link to comment Share on other sites More sharing options...
ougoah Posted August 15, 2009 Report Share Posted August 15, 2009 Re: Scalping...is this a waste of time or can you.... I think once you know your scalping system well enough (and have enough confidence in it), the final battle is more or less psychological.. you have to decide to push buy/sell when the moment comes, and just know that you have a fair chance at a winning trade. I've been experimenting a bit with the C4 scalping system, anyone else tried it? Quote Link to comment Share on other sites More sharing options...
imatache Posted August 15, 2009 Report Share Posted August 15, 2009 Re: Scalping...is this a waste of time or can you.... Scalping is ok, the only problem is statistically speaking when dealing with lots of events the probability of losing goes up. You need a clear win-loss ratio (i.e. how many profitable trades you need to offset one losing trade) Quote Link to comment Share on other sites More sharing options...
JoeCocker Posted August 15, 2009 Report Share Posted August 15, 2009 Re: Scalping...is this a waste of time or can you.... Scalping is just one more tool in your arsenal of trading methods. Once perfected it gives you room to catch up losses pretty quick but I would not recommend to only base your trading on it as its pretty making one go mad ;-) Joe Quote Link to comment Share on other sites More sharing options...
kinitex Posted August 16, 2009 Report Share Posted August 16, 2009 Re: Scalping...is this a waste of time or can you.... scalping = win :)) Quote Link to comment Share on other sites More sharing options...
traderethan Posted August 16, 2009 Report Share Posted August 16, 2009 Re: Scalping...is this a waste of time or can you.... Scalping needs to be very fast, and with a good execution platform Quote Link to comment Share on other sites More sharing options...
nrsinga Posted August 18, 2009 Report Share Posted August 18, 2009 Re: Scalping...is this a waste of time or can you.... Scaliping requires a scalping mindset. Use strong support and resistance areas with limit orders and small take profit targets. Also spead under 3pips. The trading style must match onces personality otherwise it will never work! Quote Link to comment Share on other sites More sharing options...
corrupt05 Posted August 18, 2009 Report Share Posted August 18, 2009 Re: Scalping...is this a waste of time or can you.... im using fapturbo and its pretty decent at scalping.. Quote Link to comment Share on other sites More sharing options...
ting Posted August 24, 2009 Report Share Posted August 24, 2009 Re: Scalping...is this a waste of time or can you.... Like any kind of trading, scalping can work if you have a good system, and if the type of trading you choose suits your personality and life style (time that you can devout to trading and also what size stop losses are you willing to live with i.e low with scalping but risking often our high but with fewer trades). Quote Link to comment Share on other sites More sharing options...
marcofalzone Posted August 24, 2009 Report Share Posted August 24, 2009 Re: Scalping...is this a waste of time or can you.... It's not a waste of time, at all. There are a lot of scalping automated systems with consistant results. Regards. I have looked at Scalping in depth. Here and there you find some really good ideas, products and services. What worries me about scalping is of this is NOT automated....unless you are super consistant...one will not be able to have for example a 3:1 win to loss ration all the time. From what I understand you need to have consistant results to call it a system...else it is gambling. What do you think? Quote Link to comment Share on other sites More sharing options...
aditologi Posted August 26, 2009 Report Share Posted August 26, 2009 Re: Scalping...is this a waste of time or can you.... Scalping need very fast reaction if u aren't using EA, and some broker didn't accept scalping. i've try with many scalping system, but it seems doesn't work to me. So it depend on our personality, if we try it and we got profit, just keep on scalping system, but if we try and we got many loss, it is better idea to look for another system. Quote Link to comment Share on other sites More sharing options...
Dragonpips Posted August 26, 2009 Report Share Posted August 26, 2009 Re: Scalping...is this a waste of time or can you.... i think scalping is not waste of time, ,Scalping can give us huge profit if it is done properly, automatically and using the right system... plus assuming that we are using an honest brokers or pure ECN,we are rish Quote Link to comment Share on other sites More sharing options...
bimbo Posted August 26, 2009 Report Share Posted August 26, 2009 Re: Scalping...is this a waste of time or can you.... Learning to scalp will make you get the Insights of the technical Trading systems you use.You will know the shortcomings of a system when you scalp since scalping is a precise technique.So in my opinion it is not a waste of time.Just my 2 cents. Quote Link to comment Share on other sites More sharing options...
tomscar Posted August 26, 2009 Report Share Posted August 26, 2009 Re: Scalping...is this a waste of time or can you.... I'm new to forex but I'm expecting the scalping style to be the one that suits me best because I've done a fair amount of arbitrage trading on the sports markets (a couple of years ago, when it was pretty easy). The fast trading, in and out, small regular gains type trading is probably what I will be trying first although I'm very aware that none of this is easy Quote Link to comment Share on other sites More sharing options...
mansur Posted August 27, 2009 Report Share Posted August 27, 2009 Re: Scalping...is this a waste of time or can you.... Hello everybody. sorry for my bad english. I am a new in forex and find two indicator for scalping: super signal and beginner alert. is anyone know about this indicators. there both repaints. i do not know how to share this indicators. if anybody nned them, i send it on e-mail. Quote Link to comment Share on other sites More sharing options...
bali2002 Posted September 2, 2009 Report Share Posted September 2, 2009 Re: Scalping...is this a waste of time or can you.... It's definitely not easy but I'm making some good pips... Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.