Scalping is not professionalism in forex!

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  • #1 Collapse

    Scalping is not professionalism in forex!
    I think Forex business is done with full analysis and interpretation of market along with economic strength of that currency which is a professional approach.
    But in scalping none of these is done, it is merely playing with charts and devising tactics on charts...

    What do you think.? Share your opinion...
     
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    if your scalping method has a strict stop level and you can make a consistent profit then this system may be good for u. what ever method it is , i think setting sl is most important n. but i always recommended you to be a long term trader , using 5,15,30m time frame always brings you tension , you should learn to trade in minimum 1h time frame from beginning.,
       
    • #3 Collapse

      well dear it is a matter of fact that many of traders use scalping and earn money but i am agreed upon your stance that sclaping is not a professional way it is a way of earning money quickly as well as loosing i believe we should be worked accordingly and avoid scalping
         
      • #4 Collapse

        Scalping is a profitable but the most risky way to trade. If the trader does not have knowledge over the market then he might loose their money. But it is not the proper way to trade in the forex market. Professional trader does not like to scalp in the forex market. They normally go for longer time period of time. They normally make most of the money from the forex market.
           
        • #5 Collapse

          scalping can be done by traders when the market has no significant move but should not be used as a main trading strategy because its analysis of the market is actually poor. it those not give a full overview of the market. it only shows a narrow view of the market over a very short period of time with stops closely placed. it is actually not professional.
             
          • #6 Collapse

            No that is very professional. Those who have a trading plan will be doing this thing as well. Going for a smaller number of profits, and by doing that with a higher risk, we all can gain some profits by doing that. I think we all should do that as a plan. By doing that we can collect more money within a similar time.
               
            • #7 Collapse

              i also think that brother,scalping can not become profession.i think scalping is gambling.so we need to do long term trading.then we can take forex business as our profession.otherwise we have to take forex as like gambling if we choose forex for scalping.
                 
              • #8 Collapse

                All traders are encouraged to have some skills and strategies that they will use so as to make their trading successful, and even if the scalping is never taught as one of the ways; it does do a good job for making a trader make a successful trade and that is why it is applicable
                   
                • #9 Collapse

                  yes i,m agree with your thread that they follow almost everything and specially believe in fundamental so that is why the are very much profitable till now but i saw many of them using scalping strategy to make profits and even i follow this strategy many time, so 50 fifty for me
                     
                  • #10 Collapse

                    Scalping is also a way of this trade. To me scalping is more risky than long term trading. Being a professional trader we all try to continue trade with less risk. Thus the professional traders are trying to become profitable through long-term trading.
                       
                    • #11 Collapse

                      Scalping is a way for someone to be able to get profit in a short time. I guess it does not signify that the person is not a professional. depends on money management that they use. scalping if you do not pay attention to money management, then it is not professional.
                         
                      • #12 Collapse

                        actually it is so difficult to tell about scalping. i think that every business is a professional or as a part time . scalping is a part of forex business .it is a good part of forex market. we can earn huge money from forex market by scalping in a short time. so scalping is good for forex business
                           
                        • #13 Collapse

                          your thinking is very much similar to my thinking, i also dont feel scalping is any kind of trading here in forex, a trader must trade for long term to earn a good profit and career here, in scalping a trader looses more than he wins, in longer trading the loss may be big but the win is also bigger,
                             
                          • #14 Collapse

                            In my humble opinion regarding on the matter of issue mentioned above, I think that the trading strategy of scalping in the trading of the Forex trading market will always become the matter of losing to the traders because scalping the strategy that are used by the new traders, not the professionals.
                               
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                            • #15 Collapse

                              I personally do not like scalping as a forex trading strategy because scalping takes advantage of the higher time frames to pick profits from the market, but this strategy is not acceptable by me because scalping can easily encourage impatience,fear and greed
                                 

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