Quote:
Originally Posted by Aleksandar Oden
Forex Scalping can also be called a quick trading. It is a method where traders allow their positions to last only for a matter of seconds, to a full minute and rarely longer than that.The purpose of scalping is making small profits while exposing a trading account to a very limited risk, which is due to a quick open/close trading mode.Suppose a scalper opens a trading position of 100 000 units with EUR/USD. For each pip he will now earn $10.Closing in with only a 3 pip profit brings it up to $30 not bad for less than a minute of work…
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But if the price goes in the opposite direction?
