noted and understood.
Extracted Posts 9 replies
In any case, due to the nature of scalping, trading in a minimum unit of time means that risk management is more efficient than long-term trading, as it can be stopped and stopped quickly if a risk occurs.
Although trading time is short and profits are narrow, I make profits by getting profit from moving part in a certain direction in a short time.
Scalping is obviously the main currency of transactions, but it can be applied effectively to all kinds of transactions. It is because all the products move to up and down even for a short time.
How to Scalping trade
The shorter the trading time, the less profitable it is, but the more profitable it is by getting profit from moving part in a certain direction in a short time.
The higher the leverage is, the higher the likelihood of profits, and the less profit can be accumulated by repeating the transaction several times.
The goal is to enter once and earn from a few pips to dozen pips. When trading a large amount of money, the timing of entry using the price change of the moment will be judged to be a victory or defeat with the reflexes such as stoppage if it proceeds in the opposite direction. It is a technique that requires the power of a game rather than a trade technique. At the time of trading, you need patience and concentration to stay in front of the computer and check the market.
DislikedHey everyone, I’m in the process of trying to become full time in this game. In my first week, I netted 20%, but gave most of the profits back over the course of the next 2 weeks, only to make it all back the week after that. I do not wish to trade like this and I’m curious if anyone can provide insight on who/where they learned from to help them become a full time trader. I trade on the H4 time frame and I trade trends/channels.Ignored
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