Is scalping still profitable?

Scalping is a risky form of trading where you have the opportunity to gain huge profits but there is also a chance of losing money quickly. So, if you have control and experience of trading then you can choose it as a trading option. It is up to you what you choose!
 
Dizaj said:
Scalping is a risky form of trading where you have the opportunity to gain huge profits but there is also a chance of losing money quickly. So, if you have control and experience of trading then you can choose it as a trading option. It is up to you what you choose!
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HUGE and "scalping" are a hyperbolic parodox. HUGE is when you hold on to a winning position for days, weeks, months...
 
bone said:
HUGE and "scalping" are a hyperbolic parodox. HUGE is when you hold on to a winning position for days, weeks, months...
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Scalping profit is far from huge. You need to open multiple trades simultaneously to achieve anything significant, that is if 70% of them are profitable. There is one scalping strategy I usually apply to my Forexchief MT4.DirectFX account twice in a week. I usually open 12 to 20 trades same day and close in 60 seconds or less. Highest profit from one is 20pips.
 
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