Quote from: Silberman on July 13, 2022, 08:28:09 PM

Quote from: niceli on July 12, 2022, 12:42:45 PM

I don't know if it is worth it, but I know that it is going to be something quite rare to get, and that is why I really doubt that you would have a success doing it if you are a newbie. Try being a very good trader first, with demo accounts and studying online from courses and youtube videos etc. If you are doing all of that then you are going to get a good result, or at least a better result than what you would get otherwise. Does that make sense to you? I do not know if it does, but it is certainly a method where you start not from zero, and not starting from zero means that you will get a better result one way or another.

Traders need to understand that the shorter the time frame they use for their charts the more difficult it is to obtain profits, anyone that is interested in becoming a trader should probably start with a slow chart like the one day chart and trade the markets for months until they can see if they are profitable or not, if they are profitable then they can move to the 4 hour chart, one hour chart, 15 minutes chart and so on until they get to their desired time frame, but jumping directly to the 5 minutes or one minute chart is a jump that it is too difficult for most newbies to pull off.

You have a very good point on this, because some newbie traders may think that it is this easy.
They need to have a very good understanding of the specific market they want to trade with.
The 1-5 min scalping period is very short and one should really be very fast in terms of their decision aspect.
And that entails a comprehensive knowledge of what's going on with the market and have a wide understanding of it.