What is Scalping?
Scalping trading tries to take a small amount of pips per trades, within a few seconds or minutes. A scalper is not interested with the long term or large profits- he wants to take advantage of a temporary momentum. They usually get in with larger sizes and take profits of 2-10 pips. Obviously, they have to make dozens of trades a day in order to earn a significant amount of money.
Personally I don’t like this kind of trading, mainly because it will eventually make the trading a casino, and most of the scalpers delete their accounts faster than other. Of course, some scalpers do make money but they are a minority.
Good Luck in your trading!
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