Scalping is Risky?

[FahadMd]

yes this is. agree with you

 

[Coner1980]

Scalping is very risk approach of trading because it is playing on the random probabilities.
However if you see big timeframe chart, there are some of the reasonable trends and big price movements, so it is safe to swing trade.
Playing many times in the market eventually makes traders overtrade and no one can overcome this challenge all the time.
I prefer swing trading and large timeframes.

Good advice. Thanks

 

[bublu]

New traders should also avoid scalping and better keep their eyes on trading on longer time frames as scalping or short term trading can be riskier in my opinion.

 

[Henry520]

but beginners always have to depend on this scalping issue due to low trading balance.

 

[FahadMd]

after having lowest trading spreads the result of trading can be useless if there is no perfect risk management. so be careful , never blindly depends on lowest trading spreads.

 

[Monitory]

Scalping is risky because you have to be quick and trade in shorter time frames. Moreover, traders should have control over their emotions. Do not scalp without practising.

 

[JimmyChoo]

Most people will lose money very fast in this game whether they scalp or do any other form of trading.

Reason? Sadly most people are real dopes ESPECIALLY the one's under 25 years old. They rush into the game, understand little, know even less, and above all don't realise that the people they're trading against have often taken years to perfect their craft.

As an analogy read a few books on the Law then go up against some heavyset lawyers in court and see how you get on. To say you'll be laughed out of court is a gross understatement.

No different with trading but so many think they'll be able to not only match the heavyset traders but take money from them (overtime).

If you want to get into trading and make a real go at it, be prepared to spend YEARS on your craft otherwise it's almost certain that your money will gravitate to the people who have taken the time...

thanks for your nice post with good information

 

[Syndactylic]

Scalping is not recommended to beginners due to the risks involved. It requires good experience and in-depth knowledge to scalp.

 

[Svetlana Loboda]

every single trading strategy is risky just you have to fixed with them , otherwise trading life could be a worst part.

 

[ForexCrusader]

Because loads of trades mean higher costs due to fees and spreads, plus it's easy to get emotional and overtrade. You're also dealing with short-term price noise, and the stress levels can shoot up with rapid decision-making. Plus, the profits tend to be small, so you might need to crank up the risk per trade to make it worthwhile.