What Are Your Views On Scalping as a Forex Trading Strategy?

really? why do you think so many hedge funds, investment banks and other financial institutions are employing so many traders on 6-figure salaries and 7-figure bonuses just to scalp the markets every day, then? what do you know that they’ve all missed?


That’s a whole lot of graft for 180 dollars :rofl:

i think Goaty’s used to that kind of snide, smug comment when he posts …

but might you be missing the reality that it’s a hell of a good rate of return on a $750 account, and that if duplicated daily it would be a whole lot more than minimum wage, and that it could be compounded anyway, and that it might have been more “fun” than “graft,” too? hmmmm … let’s hope not: that would be a hell of a lot of realities to be missing, wouldn’t it? :rofl:


Crikey fella I was only being flippant

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You say flippant, I say……

I really didn’t mean to start anything guys chill the F out! :rofl:I see this is quite a close knit crowd obviously. I was just saying that scalping is a lot of work for the money. But if you enjoy it then good for you. Your rate of return is great.

Everyone happy now?

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Scalping is like bringing a penknife to a gun duel. As long as it gets the job done you have my commendation. Success in forex trading, like war, is heavily hinged on getting results, not on opinions of what should be done.

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Really??? I would say it’s the other way around :upside_down_face:
Scalping is like sniping with telescopic sights :sunglasses:

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That’s usually what people say when punching out from the office at the end of the day! hahahahahaha


Isn’t trading a bit like, say, athletics? You do what you like and what you are good at? A sprinter might not be a good marathon runner, and a good marathon runner might suck at pole vaulting.

I see no reason why scalping shouldn’t be productive, but I personally could never spend so much time in front of a screen. I prefer to stalk the forest, spot the tracks, lie in wait for the prey to appear, and then spend time shooting it (with my camera, if course). The pleasure for me is in the strategic analysis and then seeing the outcome play itself out. But that is just me - it would bore others to death without the scalping-style invigoration.


How ironic!! haha

I’m with you. I want less screen time, not more. But a few hours of screen time isn’t so bad! Also, some people love the adrenaline rush of scalping!

I see it like this: if you like the screen time, then go for it! It’s no different from screen time watching tv or playing video games. Except for making money, of course.

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If it works for you, do it. I’ve never had any long-term success with it so I don’t do it.

Looks like you had a good day, congrats, treat yourself to lunch.

Now, let’s see one of your bad days…


Now that’s a positive attitude! :+1: :grinning_face_with_smiling_eyes:

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Better than working full shift for some crazy boss!

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This is very impressive, am a newbie and I’ve been tying scalping for quite sometime now and it not that bad. Would share the your strategy, which indicators do you use?

I started as a scalper. My first 500 trades were most definitely this method and I know it works, so I can’t knock it. I prefer the longer time frames now. Sometimes, if I have some free time and decent margin, I’ll scalp a bit just for fun. I enjoy the rush.


I mostly trade on shorter time frames as a newbie and set my stop/losses. However, when I spot a trend I jump on it for a quick scalp. Granted, I’m still discovering my strengths and weaknesses as a trader, and sticking to trades in my demo account. Overall, my biggest gains and losses have been short trades, more wins than losses.

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If you learn how to scalp with the trend instead of against it you’ll be much better off.

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So true. Yesterday I placed a scalping trade on the EURUSD pair in my demo account. I waited for a bigger bullish candlestick then entered the trade on a clear upward trend then closed out for a quick profit.