Why is scalping in Forex so popular?
Scalping is a very popular trading style for many traders. It promotes fast trading, meaning, as soon
as a rather small target profit is reached – you must exit the trade. Scalping can be a very powerful
trading style for those who know how to do it properly. For those who don’t – there are a lot of scalping
indicators, however not all of them are working as intended…
What makes scalping different from other forex trading styles?
Well, scalping allows you to take advantage of many different price movements that happen throughout
the day, rather than focusing on big long trend than can sometimes take days or weeks. Fast profit and less
time investment are the key benefits of this method.
Are you the type of person who would benefit from scalping?
There are billions of people on out planet and everyone has a different character, preferences, hobbies etc.
However we can still logically divide all people into a specific groups. So, if you are curious to know
whether you belong to a group those who can benefit from scalping – see if at least one of these points
sounds attractive to you:
1) You prefer to trade safely, without too big investments. More often and safe trades are “your thing”
2) You think winning a lot of small low-risk trades is more fun that winning one big with higher risk.
3) You prefer to be in control over each small fast trade rather than place one big trade and check back
on it every now and then.
4) You don’t have enough time to trade for hours a day and prefer to execute 2-3 fast trades with a cup
of coffee before going to your job.
Results! So if you answered “yes” to one or more of the points above, then most likely scalping is the
right trading style for you. Congratulations on learning this now 🙂