give me a good guide line or tips for scalping trading
Sir I purchase your all books,
Sir if i follow scalping training system, would you mind PLEASE
give me a good guide line or tips for scalping trading .
I am very kind of you.
this is GBPCAD pair
sell this candlestick low
first stop was here
A pure scalper will make a number of trades a day, between 10 to hundreds.
A scalper will mostly utilize one-minute charts since the time frame is small
and they needs to see the setups as they shape up as close to real time as possible.
but I recommend daily time frame because long time frame take profit is easier than short time frame.
scalpers use strategies and analyses that attract the probability on their side
For this purpose technical and fundamental analysis techniques are used,
Of course personal intuition and scalper’s flair is important but always guided by strong analysis and long term strategies.
the conditions that facilitate the moves and the factors that contribute to the movements
of the traded instrument are some basic notions that a good investor must know.
The challenge is to be aware of the trade opportunities created by the shortages
of liquidity that lead to imbalances in the market.
Scalping achieves results by increasing the number of winners and sacrificing the size of the wins.
It’s not uncommon for a trader of a longer time frame to achieve positive results by winning only half or even less of their trades
it’s just that the wins are much bigger than the losses.
you can purchase book here