Is scalping realistic for retail traders with high spreads?
I want to scalp the M1 and M5 charts but my spread looks big compared with my targets.
For education only. This is not financial advice. Trading carries a high risk of loss.
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1 Answer
Best answer
It can work, but costs decide everything. If you aim for 5 pips and the spread plus commission is 1.5 pips, a third of your target is gone before you start. Work out your break-even in pips first.
Scalpers usually need low spreads (an ECN or raw spread account), fast execution and a stable connection. Trade the most liquid hours and pairs.
Many beginners find that a slightly higher timeframe, like M15 or H1, gives them more room and less stress.
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