Scalping is Risky?

[reecerispoli]

What do think scalping is risky? Some people sat that scalping is risky strategy and you can loose your money very fast? Is it right?

If you no what your doing it’s safe if not it’s risky

 

[Coner1980]

If you no what your doing it’s safe if not it’s risky

Thanks for your reply but as a newbie can we start scalping?

 

[Geffry]

I think the best way to refine your scalping skills is to practice with a demo account & put your trading strategy to the test under different conditions.

 

[murray t turtle]

I made $$$ scalping UVXY friday, I've scalped for 20+ years, it's imo alot less risky than holding stuff overnight with gap risk.

I'll likely scalp HX BENE CLF MARK etc today

I love daytrading, though I don't like swingtrading when shit gaps against me, like my KOLD today : p

%%
TZA, twm looks more risky for swingtraders than daytraders; even though its a buy on weekly don channels, buy daily don channels. Almost got in, but seasonals tend to be strong in 4th quarter; + i have a 3% loss currently on 3x inverse tech etf.
Tech ETFsx3 longs looking good; gap risk on longs tends to be profitable in an uptrending bullmarket
Sorry they reverse split TECSx10., Average 50 dma volume slammed down into 300k\a day\more or less

 

[deaddog]

I made $$$ scalping UVXY friday, I've scalped for 20+ years, it's imo alot less risky than holding stuff overnight with gap risk.

I'll likely scalp HX BENE CLF MARK etc today

I love daytrading, though I don't like swingtrading when shit gaps against me, like my KOLD today : p

Ever consider participating in the US investing championship?

Now that would be something to brag about.

 

[murray t turtle]

Scalping is purely based on technical analysis and short-term price fluctuations. Due to the extensive use of leverage, scalping is considered a high-risk style of trading.

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TRUE, but that's 2 different subjects.[ I would not assume all comments are related to 4x/ or 3X, mine arent.]
Its also a different time frame from swing /position trading so its a diversification in time= risk reducer generally speaking]BUT like Cash Coyne of Bright Daytrading warned, ''leverage is a 2 edged sword''

 

[Handle123]

I think learning to scalp been toughest challenge to overcome for me. Although I have gone to automation and currently manually trading now as I tweak new concept for scalping, learning all the new relations is most challenging. I use to trade 200-300 times a day in ES, thank goodness for computers.

What's funny, under funded, little knowledgeable people come to scalping/day trading for pipe dreams, what am I thinking, need them to lose often.

 

[duanemoran]

Yes, that’s right. Though scalping is more difficult than other strategies, practicing will help you get better at it. If you think demo accounts are not that helpful, you can use a small amount to trade and test.

 

[benten]

No doubt scalping is a risky strategy but with proper knowledge and continuous practice, you will learn to ace this trading style.

 

[Overnight]

Ever consider participating in the US investing championship?

Now that would be something to brag about.

Does the USA investing championship allow overnight holds in futures?