scalping with IG

tradespreads

Member
76 0
You can assign terms to things, such as Scalper etc, but they're actually quite meaningless as has been pointed out they mean slightly different things to different people.

The Market Makers (eg, ugly word Spreadbetters) which have free trades such as on some of the FX markets actually promote trading small and often. This is what Day Traders might do. But if you're holding position for a few seconds during Day Trading say, that's just ridiculous. That's why there is HFT and the average trader can't do that. Even if you fancy yourself as an F1 driver at the wheel of the platform what guarantee do you genuinely have that latency in the rest of your tech, strategy or broker isn't letting you down? Answer, very little. So futile exercise holding positions for a few seconds. This isn't Scalping. Scalping is somewhat an unnecessary term IMV.

So these spreadbetting services promote the trader making a number of short trades during the day. Looking at opportunities in a market and focus and realm of human possibility you're looking at just a handful of trades during the day, realistically speaking. Trades lasting anywhere from a couple to maybe even 15 or 20 minutes.

The other side of spreadbetting is you have to rely on getting lucky (more often than not) with a big move. Because the spreads are just so damn wide you can't do much there. Yes called, getting lucky.
 

jkane

Active member
128 2
spreadbetting is all luck

Any real pro does not even waste their time with them

Any real pro trades on real exchanges
 

tomorton

Legendary member
8,420 1,343
spreadbetting is all luck

Any real pro does not even waste their time with them

Any real pro trades on real exchanges


For most daytraders, however they access the market, win or lose is a coin toss. But that's not because they use SB.
 

tradespreads

Member
76 0
Indeed trading is alot more like gambling than anything. People will insist on telling you otherwise but a coin toss it pretty much is. Unless you can determine the odds in your favour by 100% (which you can't) it's a gamble.

If you review the SB services you'll soon come to realise they're nothing more than fabricated toys made for name-sake merely to keep people entertained.

Having said that what's the difference between day trading and swing trading. A real trader wouldn't really care about timeframes.

Frankly a shi**y profession..
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock