For those of you who have long trading must be familiar with trading techniques called scalping, a technique of trading the simplest and easiest for beginner traders. But on the way not only beginner traders who use it. There are quite a lot of traders who are already poor across the world of trading still use this one trading technique, this is why ultimately trading scaping techniques to be one of the simplest and simplest trading techniques.
WHAT IS SCALPING?
This technique begins when the graph stagnates by moving the zig zag sideways, quite different from the averaging technique that requires to calculate the average gain in each level so that losses can be minimized. These zig zag and sideways chart conditions create an ideal condition for scalpers to benefit from an unfavorable condition.
Not much is obtained from the results of scalping, it's easy to hunt coins but in a lot of quantity in a small time frame. In this way the losses that arise was also minimized because of its minimal profit gained.
Usually this technique is used in conjunction with martingale that uses multiplication 2 or even 4 to cover the losses incurred in previous positions. But be careful because the error in martingale technique will result in losses will also be doubled.
TRADING SCALPING TECHNIQUES STRATEGY
This technique can be said is a very simple technique with a simple way too. With the more often you do certainly will be able to do it in a more simple way. Here are the things you should consider applying this scalping technique.
Understand correctly the martingale technique
First of all you must understand well the martingale technique, because this technique is the basis of scalping. The easy way is to double the number of lots each time you get a loss. The next step is every time a trader experiencing floating loss, then the trader will open the same position with the lot number twice than the number of lots used first. This way is expected when the price moves to the expected position, BEP will occur in the first place open position. A fairly effective way but quite risky.
Can read chart well
This strategy requires a fast graphical reading technique, either to read trends or to determine support resistance. When the price has exceeded the support then you have to cut loss to prevent you from doing martingale and stuck in a big floating loss.
Capital big
It can also simplify your movement, but be careful because this big capital can also increase your risk. Because you will always feel a lot of reserve lot big enough to do martingale and it will be very harmful to you. Start with a small lot to get the perfect result
Always use at least two different time frame charts
This will be very useful in graphics calculations because one is in a large time frame and the other in a small time frame to execute. Use M30 to determine support resistance and use M5 to perform execution, can also add M1 to make your position.
HOW TO ENSURE SCALPING TECHNIQUES
After understanding the rules above rules now it's time to practice in trading. Always start learning your new trading techniques on demo accounts, do not once do it directly in the real account to minimize the risk.
General rules:
Use any pair, which is recommended is USD / JPY or EUR / USD or GBP / USD
Time frame used is M30 and M5, can also add M1
The indicator used is Exponential Moving Average with period 20.
Basic principles of position opening:
M30 to see the support resistance
When the direction of EMA in 5 minute time frame in the direction of EMA in time frame 1 minute, it is time to open position
One thing you should remember here, scalping is short-term trading, when you have a profit 2-3 pips immediately off your position and immediately take advantage. Do not forget to install Stop Loss at 5 pips for risk management.
WHAT IS SCALPING?
This technique begins when the graph stagnates by moving the zig zag sideways, quite different from the averaging technique that requires to calculate the average gain in each level so that losses can be minimized. These zig zag and sideways chart conditions create an ideal condition for scalpers to benefit from an unfavorable condition.
Not much is obtained from the results of scalping, it's easy to hunt coins but in a lot of quantity in a small time frame. In this way the losses that arise was also minimized because of its minimal profit gained.
Usually this technique is used in conjunction with martingale that uses multiplication 2 or even 4 to cover the losses incurred in previous positions. But be careful because the error in martingale technique will result in losses will also be doubled.
TRADING SCALPING TECHNIQUES STRATEGY
This technique can be said is a very simple technique with a simple way too. With the more often you do certainly will be able to do it in a more simple way. Here are the things you should consider applying this scalping technique.
Understand correctly the martingale technique
First of all you must understand well the martingale technique, because this technique is the basis of scalping. The easy way is to double the number of lots each time you get a loss. The next step is every time a trader experiencing floating loss, then the trader will open the same position with the lot number twice than the number of lots used first. This way is expected when the price moves to the expected position, BEP will occur in the first place open position. A fairly effective way but quite risky.
Can read chart well
This strategy requires a fast graphical reading technique, either to read trends or to determine support resistance. When the price has exceeded the support then you have to cut loss to prevent you from doing martingale and stuck in a big floating loss.
Capital big
It can also simplify your movement, but be careful because this big capital can also increase your risk. Because you will always feel a lot of reserve lot big enough to do martingale and it will be very harmful to you. Start with a small lot to get the perfect result
Always use at least two different time frame charts
This will be very useful in graphics calculations because one is in a large time frame and the other in a small time frame to execute. Use M30 to determine support resistance and use M5 to perform execution, can also add M1 to make your position.
HOW TO ENSURE SCALPING TECHNIQUES
After understanding the rules above rules now it's time to practice in trading. Always start learning your new trading techniques on demo accounts, do not once do it directly in the real account to minimize the risk.
General rules:
Use any pair, which is recommended is USD / JPY or EUR / USD or GBP / USD
Time frame used is M30 and M5, can also add M1
The indicator used is Exponential Moving Average with period 20.
Basic principles of position opening:
M30 to see the support resistance
When the direction of EMA in 5 minute time frame in the direction of EMA in time frame 1 minute, it is time to open position
One thing you should remember here, scalping is short-term trading, when you have a profit 2-3 pips immediately off your position and immediately take advantage. Do not forget to install Stop Loss at 5 pips for risk management.
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