Is scalping risky?

[reyesisme]

I just want to talk about my experience. When I first started trading forex, it was so good, and I was a real scalper. But now… I’d say scalping gives you profit, profit, profit, profit, and then, all of a sudden, one big loss.

 

[Magnolia_York]

I just want to talk about my experience. When I first started trading forex, it was so good, and I was a real scalper. But now… I’d say scalping gives you profit, profit, profit, profit, and then, all of a sudden, one big loss.

I get what you mean, but if you manage your risk properly, one big loss shouldn’t wipe out all your profits. Maybe it’s more about how you trade than scalping itself. What happened in your case? No SL?

 

[Tradr]

I have overseen 100s of retail traders in my time at a broker. I can categorically say that I have never come across a profitable scalper who only scalps. The spread, execution quality, etc. are just too hard to overcome. Those who had success traded longer time horizons and/or longer timeframes where spread and execution quality played less of a role.

 

[reyesisme]

I get what you mean, but if you manage your risk properly, one big loss shouldn’t wipe out all your profits. Maybe it’s more about how you trade than scalping itself. What happened in your case? No SL?

Nothing special, just sometimes you trust yourself too much

 

[Magnolia_York]

Nothing special, just sometimes you trust yourself too much

Trusting yourself too much means NO SL And that’s exactly the problem! Always use "protection" ... in trading and elsewhere

 

[sakaida1125]

scalping is proper addictive till you hit that endless loop of stacking tiny green trades only for one bad slip to wipe the whole lot out. most of the time the strategy ain't even the issue—it's just ego taking over, forgetting to set an SL, and getting chewed up by nasty spreads and slippage before you can blink.

 

[Mr.BBlackC]

it is forex man.. everything is risky