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What does a scalper do?


Gee Dee

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  • 3 weeks later...
  • 1 month later...

Scalping could be a profitable trading strategy if we understand how. This will get more benefit with choosing low spread broker like FXOpen, for scalping trading we can choose EURUSD, USDJPY, and GBPUSD, and working in a small timeframe, like M5, even we can use M1 to get detailed prices for the short term. 

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  • 7 months later...
On 6/1/2023 at 4:13 AM, radex78 said:

Scalping could be a profitable trading strategy if we understand how. This will get more benefit with choosing low spread broker like FXOpen, for scalping trading we can choose EURUSD, USDJPY, and GBPUSD, and working in a small timeframe, like M5, even we can use M1 to get detailed prices for the short term. 

We can make profits if we are trading in the correct time zones and with a proper trading based plan.

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  • 2 weeks later...

A scalper is an individual or entity engaged in the practice of scalping, a trading strategy focused on making small, quick profits from the frequent buying and selling of financial instruments like stocks, currencies, or cryptocurrencies. Scalpers aim to capitalize on short-term price fluctuations, exploiting minor market inefficiencies. They typically execute a large number of trades in a single day, holding positions for a very brief period, often just seconds or minutes. This strategy requires keen market analysis, rapid decision-making, and a thorough understanding of technical indicators. Scalpers leverage technology, such as algorithmic trading, to execute trades swiftly and efficiently.

 

 

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On 3/15/2023 at 3:38 PM, jamante said:

scalping is like a "hit and run" trading strategy, you enter for seconds or minutes, hit a certain small profit, then run with it by exiting. time consuming but profitable. though on my hfmaccount rarely do i scalp

Can you suggest which HFM account type is best? Collecting opinions to make informed decision, lol

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  • 1 month later...
On 2/9/2024 at 2:53 AM, boltushkin said:

Can you suggest which HFM account type is best? Collecting opinions to make informed decision, lol

im only using a standard premium account which works fine for me, depending on your plan and trading style and what u want to achieve really. better try a basic comparison of accounts and check what would work with your trading style the most. 

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