Scalping

Scalping

Scalping is like those high action thriller movies that keep you on the edge of your seat. It’s fast paced, exciting, and mind-rattling all at once. These types of trades are usually only held onto for a few seconds to a few minutes at the most! The main objective for scalpers is to grab very small amounts of pips as many times as they can throughout the busiest times of the day.

Because scalpers basically have to be glued to the charts, it is best suited for those who can spend several hours of undivided attention to their trading.

It requires intense focus and quick thinking to be successful. Check out this post by our regular psychologist, Dr. Pipslow, on how to t

It is not for those looking to make big wins all the time, but rather for those who like raking in small profits over the long run to make an overall profit.

You might be a scalper if:

    • You like fast trading and excitement

You don’t mind being focused on your charts for several hours at a time

You are an impatient person who doesn’t like to wait for long trades

You can think fast and change bias, or direction, quickly

You have fast fingers (put those Starcraft 2 skills to work!)

You are a surgeon!

You might NOT be a scalper if:

    • You easily get stressed in fast moving environments

You can’t commit several hours of undivided attention to your charts

You’d rather make fewer trades with higher profit gains

You like taking your time to analyze the overall picture of the market

Some things to consider if you decide to scalp:

Trade only the most liquid pairs

Pairs such as the EUR/USD, GBP/USD, USD/CHF, and USD/JPY offer the tightest spreads because they tend to have the highest trading volume. You want your spreads to be as tight as possible since you will be entering the market frequently.

Trade only during the busiest times of the day

The most liquid times of the day are during the session overlaps. This is from 2:00 am to 4:00 am and from 8:00 am to 12:00 noon Eastern Time (EST).

Make sure to account for the spread

Because you enter the market frequently, spreads will be a big factor in your overall profit. Be sure you’re targets are at least double your spread so that you can account for the times the market moves against you.

Try focusing on one pair first

Scalping is very intense and if you can put all your energy in one pair, you’ll have a better chance at being successful. If you start to get accustomed to the pace of things, then you can start by adding on another pair and see how it works for you.

Make sure you follow good money management

This goes for any type of trading, but since you are making so many trades within a day it is especially important that you are sticking to

327 Responses to Scalping

  1. Pingback: used car buying guide

  2. Pingback: best car tips

  3. Pingback: http://www.kocaelispor.net/forum/index.php?action=profile;u=43489

  4. Pingback: baby car seat covers

  5. Pingback: cheapest car insurance for young drivers

  6. Pingback: Para Ma

  7. Pingback: Ferdmin

  8. Pingback: br1 window cleaner

  9. Pingback: Anti-Aging

  10. Pingback: Evidence Dentistry

  11. Pingback: GenF20

  12. Pingback: Mauritius Beach Villas

  13. Pingback: Treatments for ADHD

  14. Pingback: paid online surveys

  15. Pingback: tuition

  16. Pingback: sexy dresses

  17. Pingback: cna training in michigan

  18. Pingback: Cafe Rouge Vouchers

  19. Pingback: ATM processor

  20. Pingback: patio design Marlboro

  21. Pingback: Louer Ile Maurice

  22. Pingback: MK Escorts

  23. Pingback: ftth construction

  24. Pingback: Milton Keynes Escort

  25. Pingback: Chiropractic with Guaranteed Results

  26. Pingback: Appartements Ile Maurice

  27. Pingback: social bookmark

  28. Pingback: penny auction script

  29. Pingback: Iphone 5

  30. Pingback: seo nashville

  31. Pingback: ipage

  32. Pingback: ipad1 kopen

  33. Pingback: Get Facebook fans

  34. Pingback: Work From Your Computer

  35. Pingback: Mauritius Accommodation

  36. Pingback: industrial cleaners

  37. Pingback: Escort girl Paris

  38. Pingback: Keenan Balfe

  39. Pingback: high pr backlinks

  40. Pingback: knowyourmeme.com/users/nissanmuranoforsale

  41. Pingback: Website

  42. Pingback: online computer game

  43. Pingback: atlas insurance company

  44. Pingback: cherry rolling paper

  45. Pingback: senator furniture

  46. Pingback: hcg diet alternative

  47. Pingback: Herbal Smoking Blends

  48. Pingback: Toronto Exterminators

  49. Pingback: Calories in a Banana

  50. Pingback: dental implants

  51. Pingback: the jump manual

  52. Pingback: Test X180 Review

  53. Pingback: Peak Life Somnapure

  54. Pingback: credit card processing

  55. Pingback: ipad under 200

  56. Pingback: Cloudzow Review

  57. Pingback: Location Villa Ile Maurice

  58. Pingback: hartford connecticut

  59. Pingback: our dream car

  60. Pingback: classic collision atlanta

  61. Pingback: Zygor Guides

  62. Pingback: website seo analysis

  63. Pingback: failure analysis

  64. Pingback: builder surrey

  65. Pingback: link

  66. Pingback: ecig mods

  67. Pingback: ftp alternative

  68. Pingback: ecig starter kits

  69. Pingback: Rocket Languages review

  70. Pingback: apply for low interest credit card

  71. Pingback: erectile dysfunction treatment

  72. Pingback: Berlin Kunstdruck

  73. Pingback: window film

  74. Pingback: sexy socialisers

  75. Pingback: cistilni servis

  76. Pingback: chimney services

  77. Pingback: funny news

  78. Pingback: ataques de panico y ansiedad

  79. Pingback: registry cleaner comparison

  80. Pingback: removals bagshot

  81. Pingback: sage 200 accounts midlands

  82. Pingback: nashville opryland hotels

  83. Pingback: kitchen accessories

  84. Pingback: buy wii u

  85. Pingback: Troubled Teens Schools

  86. Pingback: guide to auto financing

  87. Pingback: compare luci electronic cigarette review

  88. Pingback: the guide to cherry red casino

  89. Pingback: Kreditrechner auf rechnerkredit.net

  90. Pingback: travel packages deals

  91. Pingback: click

  92. Pingback: her solution

  93. Pingback: buy benzo fury

  94. Pingback: useful information about webhosts

  95. Pingback: click here for

  96. Pingback: refurbished apple

  97. Pingback: EU

  98. Pingback: file server host

  99. Pingback: Granite Countertops Denver

  100. Pingback: Digital Piano Reviews

  101. Pingback: Get Instant Cash for Trying Everyday Items

  102. Pingback: website automation wizard

  103. Pingback: healing cold sores

  104. Pingback: Hendersonville dentist

  105. Pingback: welches smartphone

  106. Pingback: eGo-C

  107. Pingback: mobile phone analysis

  108. Pingback: crear tienda online

  109. Pingback: e-juice

  110. Pingback: payday loans

  111. Pingback: jump button

  112. Pingback: Location Ile Maurice

  113. Pingback: Interior Design Denver

  114. Pingback: speech for wedding

  115. Pingback: Sexnoveller

  116. Pingback: watch tv for pc

  117. Pingback: by clicking here

  118. Pingback: more information

  119. Pingback: nike dri fit short

  120. Pingback: bathroom with tiles

  121. Pingback: by clicking here

  122. Pingback: website

  123. Pingback: prenuptial agreement

  124. Pingback: Book a Room Portland Dorset

  125. Pingback: Pool Bulbs

  126. Pingback: faxless online payday loans

  127. Pingback: Pussy

  128. Pingback: t

  129. Pingback: rank tracker

  130. Pingback: czekoladowe fontanny

  131. Pingback: Bungalow Ile Maurice

  132. Pingback: natural anxiety treatment

  133. Pingback: free online games for girls

  134. Pingback: hydraulic valves

  135. Pingback: website heatmaps

  136. Pingback: web directory

  137. Pingback: Bridgeport village

  138. Pingback: this webpage

  139. Pingback: structural steel fabricators

  140. Pingback: company website

  141. Pingback: beautifulpeople.com

  142. Pingback: the dating site beautiful people

  143. Pingback: painting contractors brisbane

  144. Pingback: success

  145. Pingback: marketing perth

  146. Pingback: virtual deal rooms globalkap site

  147. Pingback: ladies rings

  148. Pingback: stephen pierce

  149. Pingback: t shirts embroidered

  150. Pingback: wedding dress malaysia

  151. Pingback: posicionamiento web valencia

  152. Pingback: online slots games

  153. Pingback: home income cash system

  154. Pingback: click here to lose weight

  155. Pingback: lexus vs bmw repair costs

  156. Pingback: Domain host

  157. Pingback: best stocks

  158. Pingback: referencement naturel

  159. Pingback: amplifier

  160. Pingback: increase breast

  161. Pingback: analysis

  162. Pingback: loans auto

  163. Pingback: wisdom teeth extraction cost

  164. Pingback: Accept Credit cards

  165. Pingback: Skin cancer symptoms

  166. Pingback: Battery Chargers

  167. Pingback: Karen Millen Dresses for sale

  168. Pingback: Car Repair Columbus GA

  169. Pingback: ios 5 untethered jailbreak

  170. Pingback: go here for more info

  171. Pingback: new jersey party bus

  172. Pingback: software keylogger

  173. Pingback: cell phone lookup free

  174. Pingback: http://www.facebook.com/starchimachim

  175. Pingback: binahong

  176. Pingback: online war games

  177. Pingback: tax refund loans

  178. Pingback: farm supplies

  179. Pingback: the internet

  180. Pingback: iphone 5 unlocking

  181. Pingback: open in a new browser

  182. Pingback: commercial coolers

  183. Pingback: swissdent

  184. Pingback: fresh garlic

  185. Pingback: medical coding and billing

  186. Pingback: website maken

  187. Pingback: Bungalow Ile Maurice

  188. Pingback: company website

  189. Pingback: training video

  190. Pingback: Winter Vacation Ideas

  191. Pingback: water ionizer

  192. Pingback: Sex show

  193. Pingback: webhosting

  194. Pingback: Denver Granite Countertops

  195. Pingback: advertisers

  196. Pingback: here

  197. Pingback: study fast cash loans

  198. Pingback: www.easyloanfast.com

  199. Pingback: Laser teeth whitening

  200. Pingback: how to be healthy

  201. Pingback: fat transfer breast enhancement

  202. Pingback: wholesale jeans

  203. Pingback: male breast enhancement photos

  204. Pingback: Juvederm Denver

  205. Pingback: Interior Designers Denver

  206. Pingback: Basement Finishing Denver

  207. Pingback: www.losangelesdentalarts.com/wp-admin/post.php?post=718&action=edit

  208. Pingback: Women's Running Shoes

  209. Pingback: sbobet

  210. Pingback: Accident attorneys Riverside

  211. Pingback: Oppo BDP-93 Review

  212. Pingback: Graduation High School Entertainer

  213. Pingback: bay area flooring

  214. Pingback: Best Battery Chargers

  215. Pingback: leather handbags

  216. Pingback: peterborough escorts

  217. Pingback: sex toys

  218. Pingback: juegos para pc

  219. Pingback: beste bonuser

  220. Pingback: personal injury lawyer

  221. Pingback: creation site internet haute savoie

  222. Pingback: cleaning service austin tx

  223. Pingback: Mercedes of CIncinnati

  224. Pingback: presupuestos

  225. Pingback: dating asian women

  226. Pingback: income at home

  227. Pingback: Happy Bid Day Reviews

  228. Pingback: Accounting Careers

  229. Pingback: Backlink Tool

  230. Pingback: cowboy shirt

  231. Pingback: business gas suppliers

  232. Pingback: commercial driveway alert

  233. Pingback: hotels in fuerteventura

  234. Pingback: spells for money

  235. Pingback: water ionizer

  236. Pingback: top social marketing companies

  237. Pingback: more information

  238. Pingback: real estate mentorship

  239. Pingback: job search

  240. Pingback: green eye contacts

  241. Pingback: uniquesurroundings.biz

  242. Pingback: elmahdy

  243. Pingback: thumbnail

  244. Pingback: save on

  245. Pingback: juegos para nokia c3

  246. Pingback: green tea

  247. Pingback: davis county homes

  248. Pingback: http://www.compila.com/virtual-private-servers/vps-hosting.html

  249. Pingback: http://www.successimpact.com/

  250. Pingback: ftp chat

  251. Pingback: go

  252. Pingback: partner sites

  253. Pingback: Autobatterie Laden

  254. Pingback: billiga solglasögon och trendiga accessoarer

  255. Pingback: trgus piercing

  256. Pingback: powered by

  257. Pingback: Social Bookmark

  258. Pingback: unlock apple iphone software

  259. Pingback: Ethanol Fireplace Best Price

  260. Pingback: download the avengersdownload the avengers movie

  261. Pingback: social media marketing services

  262. Pingback: jump button

  263. Pingback: details

  264. Pingback: vnus closure

  265. Pingback: NH dental insurance

  266. Pingback: macho alfa

  267. Pingback: Best Microwave Oven

  268. Pingback: click here

  269. Pingback: purchase sandwich prep tables

  270. Pingback: best animation softwares

  271. Pingback: click

  272. Pingback: art gallery

  273. Pingback: Mybet

  274. Pingback: sell gold

  275. Pingback: payday loans

  276. Pingback: Walthamstow

  277. Pingback: rottweiler puppy pictures

  278. Pingback: computer repairs derby

  279. Pingback: silicone emergency tape

  280. Pingback: buy a house

  281. Pingback: driving range netting

  282. Pingback: bail bonds San Bernardino

  283. Pingback: Kitchen Remodeling NY

  284. Pingback: pickwickian syndrome

  285. Pingback: Mallorca Properties

  286. Pingback: Weight loss programs

  287. Pingback: free spell check for windows 7 reviews

  288. Pingback: itunes gift card online generator

  289. Pingback: image

  290. Pingback: auto repair rochester ny

  291. Pingback: quick cash loan site

  292. Pingback: find out more

  293. Pingback: official site

  294. Pingback: chimmney cleaning

  295. Pingback: itil intermediate courses

  296. Pingback: airplane lawyer

  297. Pingback: Discount carpet tiles

  298. Pingback: Power of Sales Toronto

  299. Pingback: The Hideaway Restaurant

  300. Pingback: account

  301. Pingback: jailbreak original iphone

  302. Pingback: how to iphone jailbreak

  303. Pingback: iphone hard reset

  304. Pingback: namecheap whois coupon

  305. Pingback: paintball

  306. Pingback: The Best E-Business And E-Marketing Products In The Market

  307. Pingback: backlinks

  308. Pingback: tour locella

  309. Pingback: Riley

  310. Pingback: check this website for insurance quotes

  311. Pingback: how to get british passport

  312. Pingback: military solar

  313. Pingback: bankruptcy lawyers

  314. Pingback: wholesale paycheck advance

  315. Pingback: mouth piece

  316. Pingback: buy BoilX

  317. Pingback: buy Acnezine

  318. Pingback: Bowtrol

  319. Pingback: counting calories to lose weight

  320. Pingback: mens tie

  321. Pingback: symptoms of prostate cancer

  322. Pingback: hausfrauen sex

  323. Pingback: website creation

  324. Pingback: Rhinoplasty

  325. Pingback: Asheville Wedding Photographer

  326. Pingback: online mmorpg games

  327. Pingback: earthquake preparedness supplies