The Reality of Scalping | Is it profitable or not?
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- Опубликовано: 7 июн 2024
- In this Forex trading video, Etienne shares a recording of Michael Toma's exclusive training on the reality of scalping. Is it profitable or not? Find out here!
Chapters:
00:00 The Reality of Scalping | Is it profitable or not?
00:40 The Art of Scalping
02:25 What is scalping?
03:00 Why consider?
05:34 Reasons not to get involved in scalping
08:56 The reality of scalping
10:25 Acceptance
12:14 What does it take to be successful in scalping?
15:13 'Apply' to be a scalper
20:29 What are your takeaways from this training? Leave a comment below!
#desiretotrade #forextrading #scalping
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Развлечения
Definitely one of my favourite channels. This little insight from a professional has changed the way I'll scalp forever. Please keep doing what your doing Etienne 👊
Great video. When I see sideways trading on the 5 minute, I'll go to the 2 min to inspect. I will limit myself to 1-2 scalps early. I keep my eye on steady volume. I find the longer it trades sideways the riskier scalping gets.
But how to spot early sideway movement??
That's good. You could also try using Volume Profile and key price levels to trade the sideways action.
It is profitable. But, you need to leverage a lot of knowledge and experience of price action and levels, set-ups (including some indicators), chart patterns and market psychology. And, above all, you must learn and apply RISK MANAGEMENT.
Edit: The quickest way to learn and be profitability is to focus on one asset and learn its patterns well. Then, you can apply that knowledge and adjust your approach to other things.
Very good information
Like a Mark Douglas principles 🥰😎Thanks for great video 👍
I love your content Etienne and how you ask probing questions of your guests, leading to measured and insightful responses. It is proving most valuable for my trading development. Thanks. Keep extracting those jewels Mon Ami! One observation...Sometimes you speak too fast for me to gather the treasure you're dropping (you're the only creator I slow down in settings 😆)! That being said, you're a beast in these streets. Salute...
Thanks, @Orlando Scott!
Thanks E always interesting advice, I have not practiced scalping and the faster charts so I would only paper trade scalping till I had a developed plan.
You're welcome :)
Hi Etienne . Thanks for this video. There are so many scalping videos especially on indecies. Between the DAX(GER40), UK100, US500, US30, and Nasdaq, Is there any chance you can rank these indecies and recommended to a beginner which one he should start with & maybe which are correlated and maybe it is not good risk managment trading them both. Thanks for the videos again.
Glad it was helpful!
I think scalping is interesting. When I did it on a demo account I over traded like mad though. Today I would take it a bit more easy. The biggest problem though. Taxes. Where I live you are supposed to write down online or on paper every trade you have made. Not possible if you make 4-5000 trades per year.
Another thing is that I suspect you can't use indicators as their signals will come too late.
Great video, with exception of the (10) commercials......
Hey etienne i saw that u are wearing an oura ring, how is it working for you?
It's a good tool for awareness. Definitely recommend it :)
@@DesireToTRADE Nice just about to buy the new gen, not sure about index or pinky yet
Scalping works you just need a chart patten that repeatedly happens on fast time-frame
I thought thought that all timeframes move the same
😅