profitable or not...

Hello,

As I am beginner in MCX... i want to know is it scalping profitable for me low risk earning in starting? I want to be full time scalper is it suitable for me?

I have 0 brokerage account with 50k capital platform Nest trader. From which software and plugin i can do candle stick scalping. Please guide me seniors....

My target is only to get earn 500-1500 a day ....
Thanks in advance....

its up to you....

its depend on me but i need advise and guideline regarding the software...

ok, to me scalping is exiting with small profit in smaller time frame....I am not exactly a scalper but kind of because sometime I need to wait to get 6 ticks for an hour... Forex is best place to do scalping but we can't do in India other than USD-INR which is not very volatile...Forex is more volatile than any other market since it is 3 trillion turn over everyday far greater than wall street... I never do scalping or quick trade in scrips but I do in index which is more volatile comparatively... first I was swing trader for so long and Intra day trader now scalp or quick trade...

1. have solid price action set up, to avoid too many trades
2. must follow money management
3. avoid leverage
4. Brokerage should as low and slip should to near to 0 to do scalping
4. every day is not green end, be profitable in weekly basics
5. Expect return is 10-15 %
6. finally discipline and patience more than any other profession
7. keep study about price action and market everyday....

Now, Its upto you... paper trade or back test is much different for real trade where emotion is biggest factor to fight.....