Super profitable scalping

If your deposit does not exceed a few hundred dollars, and the desire to earn more outweighs the fear of losing what you have, then scalping is your choice.

Pipsing is both the most profitable and the riskiest strategy in stock trading. Some consider it a type of forex scalping, while others consider it a separate trading strategy.

Pipsing can yield profits of 500% or more in a single session, but it's also the most uninhibited form of trading; you can lose your money even faster than you can make it.

Peculiarities of scalping on Forex

Earnings are 20-50 points per trade with a 5-digit quote, but since maximum leverage is used, even these few points can yield significant profits.

For example, with a deposit of just $100 and leverage of 1:500, you can open a 0.4 lot trade and earn $0.4 per pip. This means that by making a 50 pip profit, you'll earn $20 from a single trade. You can make dozens of such trades in a single trading session.

Leverage – the recommended size is 1:500, but some traders take risks with larger sizes.

Brokers – At the moment I know three brokers that 100% allow scalping, these are:

A-Markets – minimum deposit of $200, five-digit quote, floating spread from 0.2 points.
 
Alpari – minimum deposit from $10, floating spread from 0 pips, lowest average spread. Both scalping and pipsing are allowed.
 
RoboForex – deposit from 0 dollars, provided $30 no deposit bonus For new clients, tight spreads from 0.1 pips.

Currency pairs for pipsing – EURUSD, USDJPY, USDCAD, GBPUSD, AUDUSD, EURGBP, EURCHF, USDCHF.

Timeframe: M1, transaction duration rarely exceeds several minutes.

Pipsing strategy

One of the advantages of this strategy is its relative simplicity. All trading is based on recurring fluctuations, which are easily identified using the following analysis options.

Constructing a price channel on M1. If a clear price channel emerges, trading can be done in both directions:

Opening a parallel trade means opening an additional trade with a minimum size on the same currency pair, but in a second trading terminal. By monitoring changes in the financial result, we seize the right moment to enter the market.

The stochastic indicator , while not a 100% guarantee, helps in most cases open a trade at the right time.

You can find a detailed description of the strategy for working on the M1 at https://time-forex.com/skalping/st-pips . There's also a ready-made template that lets you set up a chart in just a few minutes.

Also,

• Pipsing is carried out only in the presence of recurring fluctuations in the exchange rate.
• The deal closes with a loss of 20-30 points, or a profit of 30-50; in exceptional cases, if the profit increases, the deal can be held a little longer.
• Stop loss is usually not set, as it is quite difficult to do from a purely technical point of view, but if desired, you can use special scripts for automatic setting.
• After 10 trades, there is a mandatory break to rest away from the computer.