Reply To: Can scalping work in the retail market?

#187335
Major Trader 35

    I wouldn’t go there. It’s bloody difficult and not worth the effort in my opinion.

    – As a retail trader you won’t get the execution speeds of institutional investors (even with a fast internet connection and a VPS)

    – The costs can eat all your profits unless your account is large enough to get favorable rates (think rebates for high order volumes)

    – So many brokers and their platforms are not built for scalping or they don’t let you do it (Plus500 and eToro don’t)

    – It’s hard to develop and use the advanced-level algos and hardware institutional investors have, especially without a significant investment in technology that many retail investors can’t manage.