What does scalping mean in trading?
Asked 3 years ago
What is scalping, and is it a good trading strategy for beginner traders?
Aleksandar Stevanović
Tuesday, November 09, 2021
In terms of day trading, "scalping" is a style of trading that focuses onmaking high volumes off of small profits. In other words, this strategy makes it possible for its user to profit off of small price changes and generate a fast profit off of reselling.
However, for this strategy to be successful, one must have the right tools (the stamina to place numerous trades, a direct-access broker, and a live feed). Since one significant loss could eliminate the numerous smaller gains the trader worked to obtain, scalping requires that a trader have a strict exist strategy.
Please follow our Community Guidelines
Related Posts
Filip Dimkovski
The Fundamentals of Forex Currency Exchange Trading
Andrew Moran
How to Trade Using the VWAP
Andrew Moran
What are ETFs and How Do They Work?
Filip Dimkovski
Best Forex Day Trading Strategies for Beginners
Andrew Moran
What Is the VWAP Indicator?
Can't find what you're looking for?