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Scalping: Risk, Money Management, Profitability?
here just wanna asking about scalping ., .,
1 .,, high risk?
2 .,.,.need money management ?
3 .,., profitable ???
4.,. good ever income ????
5,., need sl, be , or bp ???
free answer me tq
Hey Sofianbasri, Scalpingt is definitely an interesting strategy.
High risk? Absolutely, scalping is high risk. You're making rapid trades, often based on small price movements. The market can be unpredictable, so it's risky but exciting.
Need money management? 100% yes. Money management is crucial in scalping. You have to set your limits - how much you're willing to risk per trade, daily loss limits, etc. Without solid money management, scalping can quickly turn disastrous.
Profitable? It can be, but it's not guaranteed. Scalping requires a good understanding of the market, quick decision-making, and consistency. Some traders do well, others find it challenging.
Good for regular income? Tricky question. Scalping can provide regular income, but it's not as stable as other forms of trading. It's more about quick, small gains rather than steady income.
Need SL, BE, or BP? Yes, using Stop Loss (SL) and Break Even (BE) points is important in scalping. They help manage risks. BP (Break Points), if you're referring to that, are also useful for identifying entry and exit points.
Chris Pédanou's point about risk and money management is spot on. In scalping, good money management can make all the difference. It's not just about making profitable trades, but also about protecting your capital.
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