when you have very poor money management then scalping could be dangerous , so be strong first of all on MM if you really want to bring profit by means of scalping.
scalping requires alot of technical knowledge and understanding of the market, also strict trading discipline as well so it can be consider very risky for new trader that wanna try scalping/
Yes, scalping is a risky strategy because you have to make quick profits in a short period of time. Traders also have to do multiple trades to make substantial profits and if you are bad with emotions, then it can backfire. Scalpers shouldn’t risk more than 5% of their capital per trade.
the success of scalping depends on your money management , if low money management you have i think no chance to bring profit by scalping for all time.
I scalp dozens of trades daily, using .05-.12 trailing or hard stops, for stocks and ETFs priced <$30. 2 strategy notes: 1. I always use OTO conditional orders to automatically enter and exit 2. I set a sequence of trades spaced .2-.5 apart for position sizing
not only scalping but all kind of short time trading strategies are too risky to bring profit in a proper way.
What could possibly be "a proper way to bring profit"? My answer : The bigger the better, but only if you can keep them.
the success on scalping depends on your broker performance, so the scalpers should choose the right broker to scalp in a proper way.