Scalping is Risky?

Abbas Ali Khan said:
the success on scalping depends on your broker performance, so the scalpers should choose the right broker to scalp in a proper way.
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If true, this should be a big warning flag for novice scalpers - whether you will make a profit or not depends on the unvarying benevolence of a broker, not on your skills or knowledge or hours of effort.
 
#1 tip for scalping is to use OTO orders... eg order 1 is buy-stop entry price, which once filled automatically then triggers trailing or hard stop.
 
I think scalping is a strategy which is successful only with experienced traders. It would seem risky to new traders. It isn’t as risky but it is quite fast. A beginner cannot execute the number of trades that need to be executed for scalping.
 
I am convinced that scalping is pretty risky, however all types of trading activity implies risks. It doesn't depend on the type actually. Whether you open short-term positions and lose them, or you will open long-term positions and you will lose them. The matter here is the time, if we speak about scalping then you will either gain money much faster or lose it, or if we speak about investing then you will open lots of positions and within a month you will either lose them or win them. Here everything depends on the quality of your analysis. To my mind, scalping is a true art and it's very difficult to be a good scalper.
 
If scalping is risky then trading is risky. It's just a matter of time. Scalping should be less risky as you are in a trade for less time. There is little risk when you are in cash.
 
Thanag said:
System - scalping is not at a higher risk than any other trading system, so you don't need to worry too much, but just figure it out and act.
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Agreed, it becomes risky when we fill our charts with excessive indicators and lose the simple entry and exit points in between. Keep it simple and as much as clear to understand what is going on!
 
It’s not just scalping, every trading strategy is risky if you don’t know how to use it. You should choose a strategy on the basis of your understanding if you are serious about trading. Otherwise, you can use any strategy. No one really cares whether you are winning or losing.
 
Coner1980 said:
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?
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Actually, you don't lose money fast with scalping. The risk is when you don't set your stop loss.
 
Forex scalping is a short-term strategy designed to profit from small price movements. This strategy magnifies profits, but it also magnifies losses if the market does not move in its favor. Therefore, forex scalpers need to keep an eye on any changes in the market.
 
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