Yea! Scalping can be really profitable. However, it can’t be suggested to beginners.
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Best strategy for a new person.
- Thread starter tedmos38
- Start date
I too agree! Scalping is a great profitable strategy. However, it also carries risks for which it must be avoided by new traders.
this is a good trading strategy but really risky to bring profit . need a most powerful analyzing money management first of all.
Yes exactly, initially traders should try their hands on demo account so that they can be prepared for the live trading.The best strategy for a beginner is to practice on a demo account as much as possible. Learn about trading and risk management strategies, and monitor the market on a daily basis.
Copy trading is also a good strategy, especially for those who are still in their learning phase and want to earn at the same time. Quite a lot of platforms offering this feature https://www.elitetrader.com/et/threads/copy-trading-platforms.368749/ can check them out.
This is true, emotions are the biggest problem we have in the market, we can control this we are major percent in control. The article here can help newbies.due to emotions the traders always fall a great trouble , for that reason traders should know how to manage emotions when trading in practical.
emotions is really a great problem to survive in there successfully , and no way to avoid it , because its a common human nature.