Buy fast, sell fast - that’s what scalping is all about

[zihadhasan012]

Buy fast, sell fast - that’s what scalping is all about. The philosophy behind the scalping strategy is easy to understand. All assets have their initial price direction which they follow for a certain, albeit small, amount of time. Scalpers use that short timespan to place a deal and close it as soon as they get profit, even if it is relatively small. They get the best out of the fact that even when the market is relatively quiet, there are a lot of small movements that you can use for your benefit.


Most scalpers who focus on this strategy only place hundreds of deals eritrea business email list per day. Will it suit you? Scalping might be your new thing if: You don’t want to wait a significant amount of time to get your profit You are good at planning your budget You prefer higher volume deals You want your trading strategy to involve fewer risks Breakout trading If you did your research on technical analysis, you are familiar with the terms ‘support and resistance levels’.


Breakout trading uses the moments when the price breaks those levels and continues the trend, marking it as exceptionally strong. As opposed to the momentum trading strategy, this one is waiting for the price to break its pattern - that’s when you get the opportunity to earn. Preparations are extremely important when it comes to this type of strategy. You need to closely monitor an asset with strong support and resistance levels, set definite goals, and make sure that you close the deal towards the market close.