Different from a day trader who may only make two to four times the open positions each day, a scalper usually do open the position up to tens of times a day for the achievement of that have been determined target profit.
The trend of scalping technique is to try to "steal" profit in the scale of 5-10 pips on every open position that is done repeatedly. If the trader is successful and able to get 10 pips at a time, and if its value per pips is $ 1 per pips, then the trader will earn $ 10 for each trade made. 10 times a day he's doing scalping, then the result is $ 100.
Scalping can not be done by any trader. A scalper needs to continue to sit at the computer and they should be able to "enjoy" the stress caused by movement of the chart. A scalper needs to concentrate on observing the slightest movement of the chart. It takes a mentally strong and quick reactions in order to be able to open and close positions when the trade is made to move as desired, or the opposite.
Because scalping requires open position and close position of the fast (under one second) and repeatedly, then you need a trading platform that is capable of executing these 2 rapidly (fast execution - no requotes). Because the speed of the execution of this will determine whether or not the position you are in. (re-quote). For that you need to do a test through a demo account first if you are not familiar with the broker.
Scalping Trading Techniques Using Chart 2
Using the chart on the 30 minute time frame to estimate the movement of the trend and use the 5-minute time frame to open or close a position.
Scalping Technique Using IndicatorsTo support the scalping techniques, generally using a scalper trading technical indicators like Fibonacci indicators, trend line and the CCI.
Utilizing Moment Market OpeningThe trading scalper for scalping usually targeting the European market ahead of the opening (at around 12:00 s / d 15:00 pm) and American (at about 20:00 s / d 22:00 GMT). At these times the trading volume that occurs in the forex market big enough.
Scalping techniques could be something fun trading strategies, but also can create stress and fatigue. Make daily profit target you should accomplish, do not get caught for excessive trading.When you experience loss when trading using scalping techniques, not once in a while thinking to avenge your losses immediately. There's no tomorrow where you can re-use trading scalping techniques.
Slowly you'll probably find if you are suitable as a day trader or swing trader as a result of self-confidence and all the experience you gain during use scalping techniques.
One sage advice we get from Paul Rotter,
Q: should not a trader stick to his opinion?
A: No, definitely not. An analyst or some kind of a teacher has to stick to it, but a trader should have no opinion. The Stronger your opinion, the harder it is to get out of a losing position
Paul Rotter Master of Scalping. His achievements as a scalper trading that it has posted a profit of 65-78 million dollars per year in the 10-year trading career.
 by using a strategy of open and ...){kind=link}
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