Stochastic Settings

JohnOptimist April 1, 2024, 12:04pm 4

DaddyPL:

Why can’t you scalp with it?

Is scalping profitable? Beginner Questions

Scalping’s profitable for successful traders with the skills and facilities to do it. For those people, it’s also the lowest-risk kind of forex-trading there is. But you need to understand clearly that scalping and retail forex trading are mutually exclusive. There are several reasons for this, but the main one is that the person you think of as your “broker” (and the Babypips course unfortunately refers to that way) is actually your counterparty and would therefore be the party being scalped!…

Which is the best stock broker to scalping Beginner Questions

Do you really? I guess it’s less than 1%, probably less even than 0.1%,[quote=“Logan_Gabriel, post:6, topic:145797”] for scalping a secured and restriction free broker with the lowest trading spreads is very necessary. [/quote] I know you’ve misunderstood what “scalping” means, but what’s more important is that you’ve also misunderstood what a “broker” is. To be able to scalp successfully, you need a broker who isn’t a counterparty to the transaction. This is among the many reasons why “sc…

Help a Noob make the right decision! Beginner Questions

Completing the Babypips course will be a good starting ground. After that, Investopedia will help. Winners Edge possibly but less so. First point: those are the markets that are hopeless for forex scalping. Second point: scalping and retail forex trading are mutually exclusive anyway, for several reasons, but the main one is that the person you think of as your “broker” (and the Babypips course unfortunately refers to that way) is actually your counterparty and would be the party being scal…