You’re correct, I’ve tested this.
There is a certain validity to scalping, but on the long term it doesn’t work
YES, because risk is high
but also for these reasons
When you are scalping , you are traditionally jumping in and out of trades.
This method DICTATES that you must enter a lot of times during the day
now… doing this will increase your chances of loss by a great deal for many reasons
There is a time and Place for scalping
so if you have $100,000 in your account balance and you want to scalp 1 - 5 pips and pull in $500 for 1 day to secure it as income
sure, you can do that
but, you wouldn’t do it 1 after the after after the other and so on, that would be stupid.
you would time your entry and the trade, YOU WOULD PLACE 1 TRADE FOR THE DAY and You’re done
that would work
but if you continued … hehe… yeeeah, that’s how accounts get blown up