Is Scalping Trading Really a Profitable Strategy?

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Is scalping trading profitable for you as a beginner forex trader? A lot of people start out in forex finding the best scalping trading strategy because it is really exciting to scalp the markets.

Although i do come across scalpers once in a while who can do scalping for a living, but i seldom see successful traders who scalp.

Instead, a lot of professional traders i know trade long term. However, at the end of the day, whether is scalping profitable for you or not depends on your trading personality.

If your trading personality is not that of a scalper, then the best scalping strategy in the world will not even help you succeed. You will fail big time if you are into scalping trading just for the thrill of it.

Disclaimer:

Advice provided in this video is mere recommendation and I will not be responsible for any losses incurred from your investments or trading activities. Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

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Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/

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Music Credit:

A Walk in the Park from Youtube Audio Library

We Are One by Vexento https://www.youtube.com/user/Vexento
https://soundcloud.com/vexento
Music promoted by Audio Library https://youtu.be/Ssvu2yncgWU

Comments

MG 007 says:

Well,off topic but you're cute!

Chris White says:

Hey Karen I don’t agree. If I can scalp $50 20,000 I’ll be at 1million dollars. Scalping is the only option that can get me there, being so I paper trade 3 pairs Gold, USOIL, and BTC. These three will get me where I need to be and that’s the 1%.

The OnlyJimbat says:

I feel like scalping is hard as brokers now has too many tools to take out your trade presuming you use a stop loss. I've gained profit doing scalping but in a single trade i lost almost 80% of my whole profit. Then I just fuck this, I'm not gonna use this broker and stop scalping. It is risky. But the thing is about long term trades, you need higher capital. That's quite hard to get for students. Correct me if I'm wrong I'm still new too

Peter Eastman says:

You have said a lot more than you think.
Thank you!

Howard Hill says:

Also, some traders prefer not to have overnite risk, so they trade intraday.

aaa2782 says:

Scalping is for people who actually have a true skill swing trading is for people who failed at scalping

Neil_AC says:

With scalping you can catch a longer term move with a much larger position (due to smaller SL size – sometimes 10 pips). I trade off M15 or M5 and I sometimes get crazy RR runners. Trading Daily or Weekly with a 200 pip stop loss means you need a 400 pip target minimum. For me this is far less productive and quite tiresome.

kaiserHD Booi says:

This is what I needed, Thank you .

Curtiss Metules says:

I switch to hour time frame this month and I'm up 15% this month. NICE.

Zorro Zorro says:

HI Karen,,, when u enter the market,,,what is the usual distance of ur Stoploss? How many pips? tnx

Hurricane Camporedondo says:

Thanks for sharing your knowledge about this. Please make more videos, keep it up. 🙂

Stephan's Larry says:

You need to specify that only work in the forex market and large cap stocks.

Okoh Emmanuel says:

Which indicator do you use in identifying trend

Okoh Emmanuel says:

Are u a trend trader

Lawrence Stewart says:

Imma say no to that bcuz it's just a waste of time…literally everything about scalping seems like a waste to me but to each their own

Victor Victor says:

Well…I think it all boils down to how knowledgeable you are in forex…as for me, scalping is great.

Chan says:

Karen, are you offerings the subscription for daily and weekly trading tips? I saw this caption in your videos for few times

Eva Lee says:

My brother started with $2 and scalped everyday and night. He was very careful. In less than a month his $2 turned into $27. He's still studying different strategies though so that soon he can come out of scalping. Thanks x

Michael ochieng says:

Heey, Karen, I'm so grateful. I asked for the scalping video and you delivered. THANKS❤✌

zhu wenbo says:

I don’t have a good English ,but I wanna learn from you,not have subtitles ,so sad

Michal Nechme says:

Scalping is not suitable for beginners as it requires lots of effort and time in front of the screen. Its the most mentally taxing method.

FXTITANS - Rico Ferdinand says:

Hi Karen . Can you please tell us, retail traders, what is the most doable and achievable way to get funded ? Do you have any experience you can tell us about getting funding? Because i believe lack of capital is one of the biggest problem small retail traders have. Thank you

Dhinil Shanker says:

Love ur videos karen.. and not intending to flirt.. but u look cuter with those big earrings..and yea i just changed from day trading to swing trading a few days ago as day trading seems more stressful and risky for me..

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