Experience is the best teacher. And when it comes to markets, then it applies even more than anything.
Don’t believe me dude. Whatever I have said is all truth. But unless you experience the bad side of scalping, you will have hard time believing.
In scalping ,you are working very hard for gaining 0.1% movement in price. You are only working for your broker & govt by paying hefty charges. Your contract notes don’t lie. At the end of the day, you are making 50 - 100 rs or say 200 rs. and the govt is making 500- 600 rs out of your profits. (Depending upon your trade size. More the trade size, more you might earn but also pay far more charges in the same ratio.)
This type of hard work is waste of time n energy and not worth the risk you are taking.
Risk reward ratio is far from comfortable in scalping. Yes you may win 70% of trades but 1 wrong trade is all it takes for markets to sweep away all your pastly accumulated small profits.