Scalping Forex Training: Basics of the Popular Trade Method
Many people come to Forex in search of a source of rapid enrichment. They are not interested long-term investmentswhich will bring a tangible income in just a few years. Getting from the market everything you want here and now.
That is why scalping is so popular. Earnings occur in quick mode, at first glance it may seem that this is a very simple and easy way to increase your capital. However, in the initial stages, few people know how difficult it is to scalize the market and retrieve profits from microscopic price fluctuations.
The topic of our article is to study Scalpong Forex, but we will not give you any clear guidelines for action.
Scalping is too generalized, so we will simply talk about what it is and what pitfalls can get caught on the way during the period of study and work directly.
What is scalping
If you are not yet familiar with this concept, then from the very name already probably guessed that scalping is the take of a small number of profits, from a large number of transactions. The scalp does not matter the direction of the global trend, everything that interests it is small oscillations. The day can be concluded on hundreds of transactions, each of which will bring or take just a couple of points.
The main income of the scalper develops from the set of all these orders.
At first glance it may seem that everything is extremely simple, but without technical analysis Does not do here. We will talk about him just below, but for now let's look at a few mandatory items that need to be observed to scalp:
- Only major instruments with high volatility and a small spread, that is, the broker commission is selected for work.
- Ideally, if your broker uses not floating, but a fixed spread. In this case it is easier to calculate the likely profit.
- Scalpers often do not use stop-loss protective orders, as long time is spent on their installation. Work without stop-loss is very risky, so we would not advise you to do so.
- An hour before the exit of important news, and the hour later, no transactions are concluded. At this time, the market is unpredict as much as possible, and it is possible to lose a substantial part, with such a difficult profit.
- You can never "play" if the transaction went into minus, it closes at a market price. Waiting for the return most often leads to even greater losses.
Of course, this is not all the rules, but the Forex scalping training is a large and voluminous topic that you do not fully and within a dozen of such reviews. So, we dealt with the basic rules, and most time to talk about the pitfalls, with which every scalper is facing on their way.
Underwater stones and the complexity of the method
As we have spoken above, the scalley is unimportant to the global trend, but this statement is not entirely true. Trend is important and its direction is especially. If the trend is directed upward, then the transactions in the direction of sales are concluded, but already with greater caution and the most short stop loss.
The easiest way to determine the direction on the market is to use the standard sliding average indicator, which is default in the set of any trading platform. The indicator calculates the average price value for the selected time period, and draws a line on the graph, which shows the direction.
For example, if the price is above the moving average, then the trend is ascending, which means that purchase transactions are considered in priority. If, on the contrary, the price is below the line, then we prefer sales, but do not exclude purchases.
If you are not yet familiar with the moving average, then be sure to fulfill this gap, since it is not only part of the scalping training for forex, but also applies in most trading strategies.
As for the difficulties associated with this trading method, most of them lies in the trader itself, or rather in its emotions. It's no secret that close the deal, which in this moment It is in the minus it is very difficult. The brain helpfully tells us that the turn will be, and we will refund our losses. But the price continues to move into the side unnecessary to us, more and more resetting the deposit.
The ability to leave the market in a timely manner is very important for any trader and for the scalper in particular. There is no place for drawing, as soon as we see that everything went wrong, we ruthlessly close the order.
In addition, it is very difficult to pick up suitable indicators for scalping. The problem is that most of them work with the receipt. In some, it may occupy only a few time intervals, but even them is enough to change the stereotane market situation radically.
Pick the indicators and trading systems very carefully. On our site you will find both, but do not hurry to test them in real accounts. Be sure to test the system or indicator on the demo version and only after that make a decision on whether they are suitable for you or not.
Currently, scalping, thanks to which it is possible to get rapid earnings on the stock exchange, is quite popular among traders. For the purpose of ability to make a profit from the most meager price fluctuations, it is necessary to take at least the initial training of the Forex scalping. In this type of earning, the success of the trader depends on the speed of its reaction when working on the stock exchange. With this category, strategies can lead risky trading only experienced traders who have experienced a number of victories that suffered losses also. For beginners of the exchange, this type of strategy is a great opportunity to learn to lead correctly bidding. The main thing in Scalping is to find the desired indicator, in time the present forecast. This is not an easy task, since mostly indicators work with delays. It is important to correctly carry out transactions, to get out of them in a timely manner. The advantage of such an earnings is a stable profit. it small moneyBut for the whole day you can accumulate a considerable amount.
Driving on the scalping method, the trader can earn both in a few days and in a few hours. It falls a chance to earn on a large movement of a couple of currencies in the event that this pair is exposed to maximum volatility. The main position of scalping is earning when prices in the period of the day (intraday price movement). This method of profit has appeared since the creation of the first financial markets.
Features of scalping
Scalping Training Forex The financial stock exchanges of those who want to quickly create capital is very common. In most cases, this method of strategy is practiced from newbies. For them, this is a wonderful chance to quickly get initial profits. Scalping is interpreted as "removal of the surface part". It is more used in operations with temporary measurement of a trading schedule durable only 15 minutes. It is recommended to trade with brokers giving five-digit rates (quotes). Thus, it is possible to ensure specific trading. At the same time, according to the rules of the correct trade, the main source of income of brokers for forex should be from 1 to 3 points. A broker is very important to make transactions as quickly as possible. Scalping is able to bring excellent profit if all the terms of trade are performed by the trader.
In learning scalping you need to follow general Regulations Trading on the stock exchange:
- Be able to determine the overall direction that exists on the stock exchange when using long-lasting graphs;
- Be sure to study on short-term temporal measurements of the trade schedule (timeframes) corresponding to scalping;
- Be able to start a deal in the direction of the main line.
What includes scalping training
Scalping is one of the categories of the strategy, the essence of which is to open several transactions for one trading period. Each of these transactions is completed, reaching several arrival stages. Each of them individually gives minor profits, but the total number of income can lead to significant capital.
On the financial market Forex learning Scalpong Includes:
- Operations with temporary change of schedule (timeframes), a maximum of 15 minutes;
- The low income of brokers, not more than 1 - 3 points;
- Receiving income from small but stable courses;
- The presence of a leverage, which will allow maximum profits.
In the entire process of trading, the only task of the trader is timely detection, fixing profits. Observing everything technical requirements, competently designing the transactions, you can achieve quite high incomes.
The best scalping strategy
Scalping strategies are a classic way to action on the Forex Exchange in short-term trade. Traders in their work use a large number of strategies, but only some of them are effective with respect to profit, at the same time, they are quite simple when concluding a deal.
Best Scalping Forex Strategy:
- Privot Point Rodpoint - the highest or lowest point that reached the price in motion;
- Swing swing - oscillatory movements from one lead point until the next item;
- Strategy of parallel movement - used during long movement up or down. As soon as the price reaches a point a little more than 25%, the transaction can be considered successful.
Scalping indicators
Striving for small but permanent profit, traders (making intraday rates) must have an individual strategy, and it requires the main indicator, in a timely manner on the entrance. You can download different scalping indicators, but the most recommended for beginner traders is Scalper Dream: Timeframe M1, M5, MetaTrader platform, offered by DC - RoboFlex, Alpari. First you need to install MetaTrader, then download the archive with the indicator, disclose it and get the desired file, copy to the data folder of your own terminal. Pressing the "File" button in the terminal, the data directory will appear. It opens a folder in which the indicator files must be copied.
And now about the Kura itself. I specifically divided it into two parts. The first part of the introductory. Here we will be able to familiarize yourself with the market itself, its structure and how it all works. In the same way, we will master the trading platform with which we will actually trade. As the result of the first part of the course, we will have to find out what the market is how it works, what is happening there and with what to do it all. With the first part, I will finish, it is preparing and the degree of her assimilation will remain on the conscience of each student. But we are not gathered for this, we want to find out the secret Kombu))).
And about it will be speech in the second part of the course. The second part of the course is devoted to the fact that we are all gathered here. Namely strategies. And those who do not quite well assimilate the first part, leave it for a while, understanding will come with practice. And I would recommend to fully immerse yourself in new Material. Here it is necessary to figure out the most, the flowers are over, then will go a serious conversation, and you should come to the case with maximum responsibility. So exactly these lessons and will form the basis of your future trading. And now in the case.
I hope you will not be difficult for them to figure it out, as I want to put an accent on another. Namely ... attention ... "Size"
For me, it was something new and I had no idea about them. Yes, and the word overseas rumor cut. Well, okay, not in the word business. And you need to comprehend you need the following, "Says" these for you as the sun can warm and can burn it ...
In general, this is a skeleton of this course and everything will be increasing on it. So bother and read. I present to you His Majesty "Sayz":
In the future, almost everything will spin around these "skills", I will no longer go into details, you know about everything in the course.
Even if you decide to undergo a scalping course, you must read this article:
All other robes that will need to successfully pass the course, you will be able to clarify after you fill out an application for training and with you will be connected with you. And this relate directly to technical characteristics Your computer, its operating system, diagonal monitor, the number of monitors, and of course to the trading platform that you recommend installing.
I hope that written above narrowing the search for the necessary information and will help you better prepare for the course. Successes !!!
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In the article, we will talk about one of the most profitable and most sought -led areas of work in stock exchange practice - scalping learning.
For a deep understanding of the basics of science scalping learning It begins with Azov and is divided into two main stages - theory and practice. The theoretical part is set out in a series of thematic articles. The practical part is fully represented in the video course below.
Scalping Training - System Definition
Scalping (in a different pips) is a speculative technique of intraday operations in the stock market (currency, stock or urgency), which involves the conclusion of a large number of transactions within the trading session in order to extract small profits in each new trade, as a result of which a day accumulates significant income per day .
In other words, this strategy provides for "plugging" the maxima and minima of Japanese candles on short time frames, and thus the trader scalps or pips only some part of the entire price movement. The scalper does not seek to get high profits in a separate deal, on the contrary, the amount of income most often reaches just a few points, but due to the huge flow of transactions, a significant final result is consistent.
Scalping Training - Benefits Strategy
- This technique works at any time. If a trader is limited in time (for example, it has the ability to trade only in the evening), then in this case, in this case, it is not necessary to wait for the trading signal or break through an important level or completing some technical analysis figure - it just opens the terminal and starts trading .
- High potential yield. The results of scalpers in the competition LCH (the best Private investor) Annually prove the explicit superiority of this trade style in profitability over others (results were achieved in 1000% per annum and more contestants).
- Small start-up capital. For the start, a large initial amount is required (from 10 tr. Up to 500 tr.), And in some cases too large sum may even harm.
- Invaluable experience. In just a month of active scalping, the trader receives a trade experience compared to the annual experience of a long-term investor /
Scalping Training - Disadvantages of Strategy
- Significant trading costs. For the commission of a large number of small transactions will have to pay quite tangible brokerage commissions. Thinking this question in advance, you should choose either markets with low commissions (Forts, Forex), or tariff plans with a fixed monthly fee (and not% of turnover).
- Limited liquidity. Too big initial capital will not be able to turn around as quickly as small, which means the income of the scalper is always a bit limited by the starting amount.
- Emotional and psychological tensions. This species Trading requires a rather tough concentration to always respond to emerging commercial signals in time. Each person is able to withstand such stressful regime.
Despite some disadvantages, scalping remains an attractive type of trading for new market participants, because the expected remuneration is worth the effort spent.
