Opening more than 20 traders per day

[SaadBinToha]

Traders join Forex for the prospect of earning unlimited profit. But their prospect gets razed down to the soil due to the interference of scam brokers.

 

[FXOpen Trader]

Traders join Forex for the prospect of earning unlimited profit. But their prospect gets razed down to the soil due to the interference of scam brokers.

We will need to make more Efforts in the correct directions.

 

[Eduardo Lucchese]

Taking rest will appease his or her mind and rejuvenate his brain for further market analysis.

 

[Oscar Shumack]

Always go for certified brokers because these brokers allow traders with numerous trading advantages that ultimately increase traders’ return.

 

[SaadBinToha]

No sensible person will open 20 trades per day because it will kill your equity, making you empty-handed by the end of the day.

 

[Oscar Shumack]

Majority of the pairs are good for trading but some are really riskier for example I don’t trade XAUUSD because it is risky.

 

[SaadBinToha]

Expert traders rely on fundamental analysis. Fundamental analysis will give traders an exact view over the market.

 

[Eduardo Lucchese]

Ask those traders who changed their platforms earlier because you have to be sure whether you will face any complexity down the road after changing your platform.

 

[SaadBinToha]

Opening 20 trades a day is just insane! Scalpers can do so but it’s impossible by swing trading. I never suggest opening so many trades a day.

 

[Aaron_0]

I am a scalper and I don’t open more than 5 trades a day. But sometimes the market offers numerous trading opportunities and in that case a trader can open that much trades a day.

 

[Ethan]

Much practice will help you develop eligibility of trading. Much efforts and struggle are needed to attain trading success. Forex is a thorny way to traverse.

 

[Aaron_0]

Yet these capabilities can be learnt if they wanted to learn or otherwise they will surely lose money which almost 90% of the new traders lose initially.

 

[Ethan]

If we want to trade with a fast and technical error free trading platform then obviously we should trade with transparent FX brokers only; because market maker brokers are unable to unsure such a smooth live trading experience.

 

[SaadBinToha]

If a trader open more than 20 trades, long term and scalp per day, is there anything wrong with that picture? Do you think its healthy or profitable to open that many trades per day? However, if you really know how to trade, you could open that many and still profit from most of them whether from buying or selling or holding on for the long term if you have capital for it. Have you ever open that many trades before?

Opening over 20 trades daily, whether long-term or scalp, can be risky and demanding. It requires excellent strategy, risk management, and significant capital. While it's possible to be profitable with such activity, it often leads to high stress and potential mistakes. Personal experience with this approach varies, and caution is advised.

 

[Aaron_0]

If a scalper does 20 trades per day then it is considered to be too low. Usually, a scalper does even up to 100 trades a day. With 60% success rate and3-5 pips profit per trade, a professionally successful scalper makes around 50-60 pips on an average. On the other hand, if a non-scalper does more than 20 trades per day, it means that there is some error in his strategy. It is spread over 5-7 currency pairs, then it is fine. If not, a serious assessment of the trades need to be done.

A scalper typically conducts 100 trades daily, aiming for 3-5 pips profit per trade. A successful scalper may achieve 50-60 pips with a 60% success rate. Conversely, if a non-scalper exceeds 20 trades daily without diversification, it may indicate flaws in their strategy that require reevaluation.

 

[Harvey]

Opening 20+ trades daily isn’t necessarily wrong, but it depends on strategy, experience, and risk management. Without control, it can lead to overtrading and burnout. If you’re skilled and capitalized, it’s possible—but quality trades matter more than quantity. I prioritize precision over volume.