Scalping Trading Strategy
A simple strategy that allows even a beginner to earn money! You can open a deal almost always, and the risk of losing funds is minimal, if not negligible!
Scalping is a trading strategy for novice traders. Why did we classify it as a strategy for beginners? – because it is very easy to use, and every novice trader will be able to master it
Scalping is a strategy based on the principle of quick opening and closing positions on 1-5 minute charts. A characteristic feature of scalping is, first of all, a large number of transactions. A trader can make from 30 to 1000 trades in 1 day. In most cases, the M1 (1 minute) and M5 (5 minutes) charts are used for scalping.
Advantages of scalping:
• With successful transactions, a good profit of 10-60% per day (depends on the level of risk) on the size of the deposit.
• No need to study technical and fundamental analysis. To trade using scalping, you need to use only the rules for opening and closing
a position. We have reviewed the basic rules of scalping in the video.
• Free access to the market. There is no need to wait for the trend to appear, since you can trade at any time of the day, on any kind of trend.
Disadvantages of scalping:
• Strong nervous tension when playing on a real account. Get ready to stock up on sedatives. A lot of deals — a lot of nerves))
• Lack of free time during manual trading. During manual trading, whether you want it or not, you will be constantly watching the open position. Of course, you can leave for a couple of minutes to drink tea, but it rarely works out for anyone. Due to nervous tension, you will not be able to break away from the terminal, especially when the profit becomes more than zero.
The strategy feels great on Olympus Trade binary options — that's where we tested it, but most likely the result will be quite good on other platforms. Good luck, friends!
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