Scalping is the art of making money from the smallest price fluctuations on extremely short timeframes like M1 or M5 requiring intense focus and quick reflexes to seize opportunities in a split second
๐น Scalper executes dozens or even hundreds of orders per day
With the goal of accumulating small profits to make big profits, taking advantage of the power of compound interest
On small capital and absolutely never holding orders overnight to avoid the risk of unexpected price fluctuations while sleeping
๐ธ The biggest enemy of this method is transaction fees and spread slippage
Because the profit margin for each order is very thin
If you do not control costs well, you can end up losing heavily even with a high win rate
๐น This is the method with the highest risk and causes extreme psychological stress
Not for the faint hearted or undisciplined
Because you have to face the pressure of making decisions continuously under real-time pressure
๐ธ Just one minute of neglecting to set a stoploss or stubbornly holding a loss on a wrong order can cause a month of meticulous work to evaporate in just one candle
Do you have enough speed and steel discipline to become a professional Scalper or will you be swallowed by the market?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.