#TradingTypes101
Scalping is a short-term trading strategy that relies on executing a large number of trades in a single day with the aim of achieving small, repetitive profits from minor price movements. This is commonly used in highly liquid markets such as forex, stocks, or cryptocurrencies.
Advantages:
• Achieving quick and repetitive profits.
• Reducing exposure to long-term risks.
• Ability to trade even in quiet markets.
Disadvantages:
• Requires a lot of time and high concentration.
• Commission or spread costs can eat into profits.
• Psychological pressure or anxiety and mental fatigue are significant.
• Requires fast execution of trades (often using powerful platforms and possibly trading bots).