FX.co ★ evanshad | Why Do Beginners Prefer Scalping?

Why do beginners prefer scalping? The truth is that when a beginner trader with less than a year of trading experience chooses scalping as a trading method, they are completely wrong. This type of trading may seem simple and easy, but in reality, it requires extensive trading experience and requires a trader who is able to fully control their emotions while trading and who is able to choose strong entry and exit levels. Let me explain this with an example. It's similar to hunting, where large targets are less risky than small targets. Imagine telling a hunter to shoot an elephant 100 meters away. Imagine telling the same hunter to shoot an arrow at a small bird flying in the sky. Who would have a more difficult task? Of course, someone who is told to shoot an arrow at a small, moving bird will have a much more difficult task. The same applies to trading. If you give a trader a test period on a daily chart and tell them to analyze the chart and choose their trades based on the daily chart, they can often provide you with several successful trading opportunities. However, if you give the same trader the opportunity to trade on a 1-hour or 15-minute chart, the task will be very difficult and they will present you with many false and losing opportunities. Thus, the conclusion of the previous discussion is that a novice trader in the Forex market must respect their trading abilities and that they do not have enough experience to trade on a short time frame or seize quick opportunities with a small target. They should choose long-term trading methods that allow them to choose strong and successful entry levels.