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- Joined Mar 2023 | Status: Member | 436 Posts
Keep trading and learning or keep learning and trading!
Trading method using multi time frames for long term and scalping - YAS1R 102 replies
Long Term vs Short term (scalping) discussion 7 replies
Long term profitable EA 8 replies
Short Term / Medium Term / Long Term? 3 replies
Trend Smasher - Profitable Mechanical Long Term Position Trading 109 replies
DislikedI think it probably could, but that's alot of screen time. Think effort vs. reward. I think some of the more profitable traders are swing traders, atleast that's my impression. It's also a lot of constant stress watching the ticks go up and down trying to get in, then get right out.Ignored
DislikedScalping can be profitable in the long term if it's done correctly and with discipline. Scalping is a short-term trading strategy that involves taking small profits from small price movements throughout the day. The key to success in scalping is to have a solid trading plan, strict risk management rules, and a disciplined approach to trading.Ignored
DislikedNo. Scalping will not be profitable or will be extremely difficult to be profitable in the long-term for the following reason. - Broker fees, such as commission and spread. I am going to keep this basic, since this is a rookie forum. If your spread is 2 pip and you're attempting to achieve 4 pips. You are paying 2/4, 50% in commission on every trade. Broker fees eat into your edge - in a big way. Don't underestimate or ignore this. Assuming a 1:1 RR. All random entries in FX have a 50% chance of winning, if there are no broker fees, i.e. no spreads,...Ignored
Quoting franziska
Well I think they might be really useful for scalping and maybe I try them since I want to start scalping after managing my emotions! But without a self-awareness using these charts and scalping, can ruin everything I guess!
Try this... https://www.youtube.com/@imantradinglive
he trades 20 sec charts live ...
Disliked{quote} after reading i saw through all the writers bullshit sprouting the brokers narrative , all trading has spread fees swaps and if you worried about spread fess etc etc you will never trade the canadian government dont want traders to be profitable and thats a fact , because if you have money they cant convince you its all a lie and only the...Ignored
Disliked{quote} "I AM DOING WHAT OTHERS SAY CAN NOT BE DONE IN TRADING" — me (you) and I have seen you doing it day yes day tooIgnored
Disliked{quote} after reading i saw through all the writers bullshit sprouting the brokers narrative , all trading has spread fees swaps and if you worried about spread fess etc etc you will never trade ......Ignored