Is easyMarkets' 1 hour deal cancellaration suited for scalping?

Broker Discussion
1

Scalpers take only 1 minutes and 5 minutes charts for making money. I’m guessing that easyMarkets’ 30 minutes deal cancellation which is now 1 hour deal cancellation with some fees could be suited for the massive trading chance.

Scalping normally starts from the lowest point after the certain big down movement. What if the trend goes down? And I thought scalping could go with easyMarkets’ 60 minues trade cancelling policy for the full refunds of any trade done during the time.

Anyone uses easyMarkets for scalping? I thought 60minutes cancelling is for such a use.

2

You hit the nail on the head.

Trying to pick tops and bottoms can be dangerous and probably one of the biggest reasons newbies lose money.

If a scalper is able to identify the lowest or highest point after a big movement, why scalp at such an optimum position. Why not ride that position as long as possible instead?

Im not knocking scalpers, im just knocking trying to pick tops and bottoms.

Good luck and happy trading