#MyTradingStyle My preferred trading is SCALPING
Scalping is a very short-term trading strategy that seeks to profit from small price movements in the market, making multiple trades in a short period of time, often within seconds or minutes. Scalpers typically trade with large volumes and aim to achieve cumulative profits from small price movements.
Key characteristics of scalping:
Short term:
Trades are held open for very short periods, from a few seconds to a few minutes.
Small movements:
Profits are sought from small price movements rather than large ones.
High volume:
Scalpers usually trade with large volumes to maximize profits from small movements.
Many trades:
Multiple trades are executed throughout the day, often several dozen or even hundreds.
High concentration:
It requires a lot of concentration and constant attention to the market.