When is the best time to scalping? Back to list

Member SinceJul 08, 2021

Posts 526

Sterling

May 17, 2022 a 12:17
Scalping is high-speed trading, which requires a lot of liquidity in order to execute trades quickly. Trade major currencies only when liquidity is strong and volume is high, including when London and New York are fully operational. When trading forex, individual investors can compete with hedge funds and large banks, but they must open the appropriate account first.

If traders are unable to concentrate for any reason, they should not scalp. Late nights, illness symptoms, and other factors may throw traders off. When they experience a streak of losses, they should stop trading and take time to recover. Do not take revenge on the market. In addition to being enjoyable and challenging, scaling can also be frustrating and exhausting. Traders must have confidence in their ability to engage in high-speed trading. Scalping will teach them a lot, and if they calm down, they may discover that they are capable of becoming day traders or swing traders thanks to the confidence and practice they gain. However, scalping is not for everyone.

Keep track of their trades. Screen captures can be used to record their trades in their diary. They will learn a lot about trading and, more importantly, about themselves as traders.

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