What is meant by Scalping Technique
i just watched a youtube video , there i saw about this thing
pls explain to me in laymans language as i am total new bee
What is meant by Scalping Technique
i just watched a youtube video , there i saw about this thing
pls explain to me in laymans language as i am total new bee
scalping just means getting in the market and targeting just a couple of pips, anywhere from a couple to 10-20 or so and getting out. There is different levels of scalping but that is it in a nutshell get in get out. there are some longer term swing traders that would consider anything under a day to be scalping and there are those that look at it like a video game and get in and out sometimes with only +1 Most people would agree that scalping is not for newbies and requires time for the trader to develop his skills before using real money.