You'll never get a clear-cut clarification about scalping because it's purely a matter of opinion.Korattt wrote: ↑Thu Jul 12, 2018 4:25 pmtoday is awful for me, is there any chance we could have some clear cut clarification from both Euler & Jolly Green Giant on scalping?, is it viable still?, if so why & what markets?
Reason for asking?, having paid £300 for a course and being told (as mentioned before to forget it) yet people who haven’t attended a course are doing quite well with it seems.
To me it just doesn’t add up.
I'm sure the course you attended wasn't designed to program your brain like you would a computer, giving instruction of what to do in every eventuality. It was, I suspect, designed to give you a foundation to build on.
Scalping works for some people and people who are unsuccessful at scalping are usually better at other techniques.
I haven't heard it mentioned before, but in my opinion, success as scalping will be influenced by stake size. Imagine two scalpers with a similar technique trading the same markets, one using £10-20 stakes the other £200-500. I can see circumstances where the small trader will have a good day, the larger one getting hammered. I can also visualise situations where they just get one or two scalps off and the smaller trader wishes he traded bigger stakes.