Scalping is not only what Native Americans do in Western movies but also one of the most nerve-wracking ways to make money in the stock market. It is the art of quick trading, where traders buy and sell assets faster than you can say 'investment portfolio.'
What is the essence?
Scalpers are people with eyes as red as stop signals and nerves as taut as the strings of a balalaika. They sit in front of monitors, catching every price fluctuation and clicking buttons faster than a gamer in an esports championship.
Why does it work?
Scalping is based on the idea that small but frequent trades can bring in a lot of money. It's like selling a hundred loaves of bread instead of one pie – it may seem trivial, but in the end, the cash register is full.
How to prepare?
Strong coffee. A lot. Very much.
A spare chair, because the first one you will squeeze until it creaks.
Stress ball – for recovery after unsuccessful trades.
Main rules of scalping:
Faster! In scalping, time is money. A second of hesitation, and you're no longer a scalper but a holder of a drawdown.
A cool head. Panic is the enemy. At least try to control it.
Heart pills. Just in case.
Conclusion
Scalping is like a marathon on a treadmill with a 'speed up' button. Yes, you can earn money. But you can also go crazy. In any case, if you have the desire to become a scalper, stock up on caffeine and patience – they will definitely come in handy!
P.S. And if I'm being serious, I look forward to your comments, friends. I ask you to share your successes in scalping for those who know about it but have never taken the opportunity.
