Scalping is Risky?

[Coner1980]

I don't consider scalping as risky because usually scalping features tight stop loss which means risk is limited. The downside is larger transaction costs but it could be solved with low-spread broker.

Can you suggest a broker with the low spread for scalping?

 

[AndrewMcCalam]

now i am doing scalping by EUR/USD. sounds good till now.

 

[Ahmed Solaiman]

have a good journey , keep moving with cool mind and risk management. happy trading

 

[bublu]

now i am doing scalping by EUR/USD. sounds good till now.

Just use stop loss as well in order to be on the safe side.

 

[Ahmed Solaiman]

without your stop loss the trading condition like a ship in ocean without a rudder.

 

[Gianna Monaldo]

Scalping is a risky strategy, although it is a profitable strategy for short-term rewards. Traders need to be quick and have a strong trading psychology to become a profitable scalper.

 

[JimmyChoo]

long term is good and safe if you have a good amount of balance.

 

[sebking1986]

I guess it is considered that way due to the high frequency nature of it, low risk to rewards and requirement for high strike rate.

 

[radex78]

Scalping traders maybe can make a big accumulation profit from many trades they made, but also need to accompanied with risk-reward ratio to keep small drawdown, will vain able accumulate big profit but one-time loss make all profit vanish.

 

[KCalhoun]

I scalp daily, the big lesson learned is don't scalp choppy days like today, I lost $400 today scalping .... I have to be more disciplined re overtrading