Scalping is the practice of opening positions in line with a trend, often entering and exiting the market multiple times in a short period as it develops. Individual trades are held for just a few seconds – minutes at the most – so it is one of the most short-term strategies.
This trading strategy works very well for active day traders. Scalping focuses on minute-to-minute price changes, which are driven by quantity. As soon as the trade becomes profitable, you’d exit the trade.
There’s no ‘waiting for the market to depict trends’ as you’ll have to be quick, and close trades that are losing money instantly. The more volatile the market, the better it is to employ scalping.You may want to use tear-off tickets when you’re scalping. With them, you can set up a position in the opposite direction so that you’re ready to exit, either taking your profits or limiting your losses.
Bear in mind that scalping can be risky if you’re placing multiple trades on a very short-term basis. It’s essential to manage your risk carefully
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