Nowadays from all trading strategies the traders in particularly the newcomers depend on scalping that brings profit very rapidly. But by and large trading platforms don’t allow trading concept such as this.
Number of messages : 39 Points : 2132 Date of Entry : 2017-01-22 Year : 34
Scalping in the foreign exchange market is a method of trading certain currencies based on real-time technical analysis. The main goal of scalping is to make a profit through purchasing or selling currencies by holding a position for a very short period of time and closing it for a small profit. it is important to understand that scalping is hard work.
They are some brokers create problems while buying or selling currencies at their price. Those brokers which create those problems are not suitable for scalping. We need just a fluent brokers which take and take out opening orders in a short moment creating no problems like recodes.
Number of messages : 40 Points : 2119 Date of Entry : 2017-01-23 Year : 32
Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit.A forex scalping system can be either manual, where the trader looks for signals and interprets whether to buy or sell; or automated.
Selection of broker is also an important task for a Forex trader. There are some traders who trade for long time and some other who trade as scalping. Those brokers which has fluent platform and having no technical errors are attractive to all scalpers. I also like to scalping. At present I am trading at templefx and enjoying scalping more because of having no technical errors.
Number of messages : 2 Points : 2084 Date of Entry : 2017-01-20 Year : 34
To be honest, traders need to select their trading platform which brokers are regulated! Almost all of non-regulated brokers are scammers! So, don’t count brokers facility and feature without having regulation status!
Number of messages : 137 Points : 2395 Date of Entry : 2016-07-16 Year : 32
Scalping is one of my go to ways for making money, but you got to be really selective with this because of the risk factor, if we try to make money through scalping all the time then eventually one trade will have our name on it, so that’s why we got to make sure we avoid random trading.
When we talk about scalping, we just need to keep two things in mind. Firstly, we got to have low spreads and then comes quick execution, as scalping is a technique that needs us to be rapid and seconds makes huge difference, so that’s why good broker covering these part is what we need.
Number of messages : 2 Points : 2326 Date of Entry : 2016-05-25 Year : 32
No, I am not looking in wrong direction; you have misunderstood what I meant. I have already search for quality of brokers and that’s how I came out with 2, so now I am basically looking into what will best for me to do scalping.
I am sorry, but your way of looking is very much incorrect and is not something which will get you right broker to work with. You should look for good broker and that will be good for any technique you use, but if you seek for good broker for scalping or such stuff then you will end up with ordinary company and that’s not right way to go about things.