Scalper

Quote from danger66:

Not true. "Small gain?" Only if they are not very good at what they do. Really good scalpers are not only very profitable, the fact that they are in a position only a very short period of time adds another level of risk control that's absent from swing trading: reduced market exposure.

When exposure to the market is reduced (by limiting trade duration), you are less susceptible to gaps which can leave a big dent in your armor even if you use stops. Successful scalping is about being in control and not just blindly opening and closing positions.

Thanks for the correction
 
Back
Top