Scalping, Day Trading or Swing Trading?

[muhammadatif]

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.

[shinde]

i am a day trader and i aim for only 30pips per trade.but each kind of trader is unique and we cant tell any type of trading style is not good.
atlast only final profit counts and not the style.Choose the style which you like the most.

[shinde]

(balance/1500=lot size ) ? why 1500? this kind of strategy is good only big amounts like 10k.but for example if i have $100 then ($100/1500=0.06) so 0.06 is my lot? omg the profit will be so small that it can be almost negotiable.

[shinde]

that is cool.this target is enough for a part time trader.But the profit can be big only if you use a big lot size.if you use 1 ifx lot then 300 pips per month (ie $300 profit per month) is good.

[shinde]

yes 10$ is very small,but if one wants to trade risk free,then it will be useful.a skilled trader can make $10 into hundreds and thousands. but for one to trade fast with $10 and make big profits,scalping will be more preferable.

[dmambi]

Well some people like to do scalping and some want to do intraday and so on, but i feel every individual should decide what method they follow based on there time available for trading, risk handling capacity etc.

[aadrika]

I trade intraday, and I think it is more beneficial. Scalping is way too risky and you will be aiming for too little profits when you can get so much out of your trades.

Swing trading is for traders who have a large amount of capital (equity) and are willing to wait for a long time (up to a week) to bank their profits.

[shinde]

yeah..u r right scalping needed less time for chart analysis and other technical analysis..because scalping is time based technique..and scalping is good for those who has less knowledge..and this can be proved helpfull to earn to newbies

[shinde]

yes even m unsure how scalping is done in silver?? coz scalping is mainly possible in pairs where there is a lot of movement going on so how is that possible in silver plz explain.

[nikam]

Scalping is real way to earn more and maximize our profit.
in my language i m a intra day trader.
mujhey earn karne ki koi hard and fast nahi hai.
main safely and market ko watch kar k trade karta hu.