Scalping, Day Trading or Swing Trading?

[venkiaries61]

which is more suitable for newbie trader like me?
i trade with scalping but i set my tp around 10 pips. i will try to be swing trading, but i think need a more capital balance.

No, not all. We need not have huge capital. We may follow swing trading from even $10 at 0.01 lot size. But, analyze part is very important and wait for days for the profit. Set take profit 60-90pips is safe.

[cumil]

we trade short terms targeting 5-10 pips per order by European session 10-15 GMT
using Zigzag system modified...

can you share about zigzag system sir?
i will hear you.. thanks very much

[SG Trader]

scalping is a targets with a small few pips like 5 pips , day trading is targets with 50 pip and more , swing trading means one positions holding for some days or even some weeks

which is more suitable for newbie trader like me?
i trade with scalping but i set my tp around 10 pips. i will try to be swing trading, but i think need a more capital balance.

[Victoryindia]

main pehle scalping karta tha par abhi day trading karna pasand karta hu jisme hum zyada pips milta hai aur na hi bada tension, kyubki hum jitna zyada position open karte hai utna hi risky hota hai

[SG Trader]

we trade short terms targeting 5-10 pips per order by European session 10-15 GMT
using Zigzag system modified...

5 - 10 pips? maybe you are scalper. i think scalper are good when the market is sideway. while in european session usually many high impact news and is bad for us if we are a scalper.

[diesel1984]

Some traders like to scalp and they are happy with their trading style but some traders call scalpers forex losers.

Some traders are intra day traders who hold their positions for a longer time but close their position in the same day these traders are called Day Traders.

Some traders hold their positions for few days but not more than week these traders are called swing traders.

Which kind of trader you are and which trading style you think is more beneficial.

we trade short terms targeting 5-10 pips per order by European session 10-15 GMT
using Zigzag system modified...

[ganguly]

very true what you say that using the new system had to be at the start of the demo account or can be a real account but with a small capital safer

[vicky]

But if it has that much high loss ratio than why we do scalping.I personally like scalper but i never had that much loss.I know it involves risk because we use big lots and the small tf but still 5:30 not agreeable.

i am agree with you and never thought 5:30 which is really very big . anyway although i dont do scalping regular basis but i think if we can use low lot then its better because it may not hard us . sometime i do scapling when my daily target fulfill but after doing scalping i faced loss but due to low lot i never faced huge loss. so i think if we have less experience then we can use low lots.

[blackprince4u]

I do not understand what you convey in taking advantage of the ratio.
why the difference is enormous. Can you explain in more detail.
thanks.

But if it has that much high loss ratio than why we do scalping.I personally like scalper but i never had that much loss.I know it involves risk because we use big lots and the small tf but still 5:30 not agreeable.

[arjun]

depending on the risk they charge too... if they dare with a high risk, they may choose scalping... but if not, maybe swing trader suits them ... because usually the ratio of profit : loss scalper reaches 5:30

I do not understand what you convey in taking advantage of the ratio.
why the difference is enormous. Can you explain in more detail.
thanks.