Scalper – In and out like the wind, precise to every pip, but don’t let it turn into... a chef burning the pot!

In the world of financial trading – from Forex, crypto, to stocks – scalping is a super fast, super short trading style, suitable only for those who are alert, sharp, and highly disciplined. Scalpers are like 'ninja' in the market: silent, decisive, acting immediately when they see an opportunity. But without skills and risk management, a 'ninja' can also become... a chef accidentally burning their own dish.

☘️ Who is a scalper?

Scalpers are traders who specialize in ultra-short trades, seeking profits from the smallest fluctuations – sometimes just a few pips. Each trade usually lasts from a few seconds to a few minutes, rarely exceeding 15 minutes. They do not care about long-term trends, only focusing on 'quick eating, concise closing'.

For example: In the Forex market, when the EUR/USD pair moves up 5 pips, a scalper can enter a trade – and exit immediately with a small profit.

☘️ How does scalping work?

• High frequency: Scalpers can execute dozens to hundreds of trades each day.

• Super short time: Each trade is measured in seconds or minutes.

• Small profits, gradually accumulated: Each trade isn't much, but together it can be quite significant.

• High requirements: Need a smooth trading platform, quick operations, and an extremely strong mindset.

☘️ The 'tools' of a scalper

• Short-term chart: M1, M5, maximum M15.

• Technical indicators: MA, RSI, Bollinger Bands, Stochastic – simple to use, avoid complications.

• Good trading platform: ECN/STP – low spread, fast execution, no error reports or slippage.

• Stable mindset: Entering trades decisively, cutting losses without hesitation. No clinging, no vague hopes.

☘️ Pros and cons

Advantages:

• Make money quickly if you play the right cards.

• No worries about macro news hitting you in the face.

• No overnight positions → no swap fees.

Disadvantages:

• Pressure weighs heavily every minute.

• Must constantly monitor the charts, never take your eyes off.

• Trading fees for many trades → easy to eat into profits.

• If you don't control your emotions well, it's easy to 'blow your account'.

☘️ Why is it called 'the chef that burns the house down'?

Scalping is no different from cooking over a big fire: cook fast, eat immediately, but just a few seconds of distraction can lead to burning. Placing too many trades, not cutting losses in time, getting caught up in emotions – all lead to burning your account in the blink of an eye.

🍀Conclusion – Is a scalper right for you?

Scalping is not for the masses. But if you like speed, quick reflexes, and steel discipline – then this could be your style. Just remember one thing: every click is a gamble. It requires thorough practice, a clear strategy, and always good risk control.

Be a ninja – don't become a chef that burns the house down.

#TradingTypes101