Post
Topic
Board Trading Discussion
Re: Scalping, my best trading strategy
by
Pamadar
on 18/12/2022, 20:23:10 UTC
I love scalping too. But there are several things you need to do in order to scalp successfully: first, find good currency pairs to trade. You want pairs that are moving relatively fast, with low spreads between bid and ask prices. Second, set up your trading account so that you can easily buy and sell currencies.
In scalping the trader usually sticked with a pair that is most volatile example BTCUSDT or ETHUSDT with low commission for crypto while in forex trading trading pairs lsuch as EURUSD, GBPUSD and USDJPY are mostly with low spread, however scalping require maximum concentration and focus by the trader because it involves a short movement of the price and precise entry and exit is the most factor to considered by an experience scalpers however this comes with numbers of years and skills, thus it is not advisable for any newbie to start trading as a scalper else such a trader will rekt their portfolio swiftly.

Yes, that statement is true, though there are many factors that needed to consider before you take your money into this kind
of strategy, it's takes time and focus to gain good knowledge in anticipating the market.

Not just a easy buy low sell high which will quickly suck your investment with a single mistake
that you do.

Make sure that you are fully aware with the system and always find lerning whenever you perform
this kind of system.