My strategy - SCALPING

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Hello to everyone!

My trading strategy is scalping. Since beginning of the year it is very profitable and I am happy with it. 

I am entering with small positions and looking for small profit for every position. Every day I am searching

to have 0.5-1 percent plus. Does anyone have same strategy? What is your opinion of this? Share yours

ways of trading. I hope this will grow to nice discution.
 
Milush Blagoev:
Hello to everyone!

My trading strategy is scalping. Since beginning of the year it is very profitable and I am happy with it. 

I am entering with small positions and looking for small profit for every position. Every day I am searching

to have 0.5-1 percent plus. Does anyone have same strategy? What is your opinion of this? Share yours

ways of trading. I hope this will grow to nice discution.

This is a nice strategy if you know how to cope when the market turns quickly against you.

Do you use stop loss?

 
Milush Blagoev:
Hello to everyone!

My trading strategy is scalping. Since beginning of the year it is very profitable and I am happy with it. 

I am entering with small positions and looking for small profit for every position. Every day I am searching

to have 0.5-1 percent plus. Does anyone have same strategy? What is your opinion of this? Share yours

ways of trading. I hope this will grow to nice discution.

Blind discussion

 
I've been using scalping strategies for quite some time and I want to say that it's better to use Ea with strict control of risk and mandatory use of stoploss.
 
Waseem Raza:

Blind discussion

Why do you think ?

 
Eleni Anna Branou:

This is a nice strategy if you know how to cope when the market turns quickly against you.

Do you use stop loss?

I know how to recover from wrong entries.

 
Milush Blagoev:

As you can see on my signal statistic I know how to recover from wrong entries.

Promotion of the signals is prohibited on the forum.

for information.

 
Sergey Golubev:

Promotion of the signals is prohibited on the forum.

for information.

I do not promote!

 
Milush Blagoev:

I do not promote!

If you are not promoting so upload your indicators, EAs by the source codes on this thread + describe your trading system on the way so everybody can use it here.

Forum on trading, automated trading systems and testing trading strategies

My strategy - SCALPING

Milush Blagoev, 2018.04.25 10:22

Hello to everyone!

My trading strategy is scalping. Since beginning of the year it is very profitable and I am happy with it. 

I am entering with small positions and looking for small profit for every position. Every day I am searching

to have 0.5-1 percent plus. Does anyone have same strategy? What is your opinion of this? Share yours

ways of trading. I hope this will grow to nice discution.
Make the people happy - upload everything and forget about 
:)
 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2014.03.07 09:08

Who Can Trade a Scalping Strategy? (based on dailyfx article)

  • Scalpers look to trade session momentum
  • Scalpers do not have to be high frequency traders
  • Anyone can scalp with an appropriate trading plan

The term scalping elicits different preconceived connotations to different traders. Despite what you may already think, scalping can be a viable short term trading methodology for anyone. So today we will look at what exactly is scalping, and who can be successful with a scalping based strategy.



What is a Scalper?

So you’re interested in scalping? A Forex scalper is considered anyone that takes one or more positions throughout a trading day. Normally these positions are based around short term market fluctuations as price gathers momentum during a particular trading session. Scalpers look to enter the market, and preferably exit positions prior to the market close.

Normally scalpers employ technical trading strategies utilizing short term support and resistance levels for entries. While normally fundamentals don’t factor into a scalpers trading plan, it is important to keep an eye on the economic calendar to see when news may increase the market’s volatility.


High Frequency Trading

There is a strong misconception that all scalpers are high frequency traders. So how many trades a day does it take to be considered a scalper? Even though high frequency traders ARE scalpers, in order for you to qualify as a scalper you only need to take 1 position a day! That is one of the benefits of scalping. You can trade as much or as little as you like within a giving trading period.

This also falls in line with one of the benefits of the Forex market. Due to the 24Hr trading structure of Forex, you can scalp the market at your convenience. Take advantage of the quiet Asia trading session, or the volatile New York – London overlap. Trade as much or as little as you like. As a scalper the choice is ultimately yours to make!

Risks

There are always risks associated with trading. Whether you are a short term, long term, or any kind of trader in between any time you open a position you should work on managing your risk. This is especially true for scalpers. If the market moves against you suddenly due to news or another factor, you need to have a plan of action for limiting your losses.

There are other misconceptions that scalpers are very aggressive traders prone to large losses. One way to help combat this is to make scalping a mechanical process. This means that all of your decisions regarding entries, exits, trade size, leverage and other factors should be written down and finalized before approaching the charts. Most scalpers look to risk 1% or even less of their account balance on any one position taken!

Who can Scalp?

So this brings us to the final question. Who can be a scalper? The answer is anyone with the dedication to develop a trading strategy and the time to implement that strategy on any given trading day.

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Trading examples

Metaquotes demo 

GoMarkets broker, initial deposit is 1,000

Alpari UK broker initial deposit is 1,000

RoboForex broker initial deposit is 1,000


 

Just some useful tools/information about scalping - 

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