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I am a day trader and for me its too difficult to do swing trading. I don't do scalping due to less knowledge otherwise I know it very well that scalping is the best method for money making quickly. Day trading is something that best suits me so I am a day trader.
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most of successful scalpers don't give the chance for risk to bother them
as if you want to be a scalper, you must choose the exact time to make your profit
& avoid being an over-trader
as it will surely destroy your capital
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but it is hard or even impossible to leave a scalping order for a long time
as mostly scalping orders are done with large lot volume
so I don't think that the margin can withstand the high volatility in price during the week or even the same day
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if you know the money management & you can make right analysis you will not lose that amount of money in one trade
except if your capital was very large that can overcome this loss in another one trade
& forex can be a successful career so the brokers will keep working all the time & their work depends on forex only
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it depends on the market time & conditions
but as a whole i like day trading
because i like to give the price all the chance to make the maximum profit
& i don't like swing often because i don't like to leave an open position for many days
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Scalping and day trading is the good techniques for forex trading this is my opinion but everyone is free to use any trading technique according to his experience, skills, knowledge and comfort.
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Scalping Forex swing trading are the two most popular and profitable forex trading styles. There are many opportunities for private investors to make money with forex these days. Since the Forex market 24 hours a day on all trading days, it provides flexibility for the dealer to choose the time and manner of trade. As a result, in this market, there are day traders, merchants and traders in the scalping and hedging.
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From three of them my choice is day trading cause I can take more than 150 pips per tarde with a day trading and I do not expect a profit like that from a scalping trade. It is quite impossible in scalping. Thanks.
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yes obviously scalping is the most better and preferable strategy by traders now a days. because it is the one which gains big profits in short interval of time.and no one is ready to be patient.so many trade by scalping.but one should understand that scalping requires lot of practice and everyone cant do it easily.
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well trader can trade in any style but they should be mastered.And for some traders they are good in their respective type.
example a trader might be good as day trader but not as a scalper.So if they try to change their style it will be risky and they might lose.