Lens1000
VIP Contributor
Day traders are very fast in the analysis of the forex market and they must be very good at analytical mathematics. This would help them in such a way that they will be able to make trading decisions very fast.
what is scalp trading? scalp trading is a day trading strategy that takes place in few minutes, that means you would buy and sell the pair of currency in minutes or probably seconds. It is different from the normal day trading that will last for hours. Scalpers will often choose the currency pair that has the same buying and selling price because they react very quickly to the market fluctuations.
Moreover, if you're not very fast in market sentiment analysis, it will be very difficult for you to undergo scalping trading strategy. It is indeed one of the strategies that could be used to make money very quickly in forex business and I have tried out this type of strategy severally and I found out that it works very well on the ground that you must be very fast in the technical and fundamental analysis of the Forex market.
Do you believe that scalping is the best strategy that one could use to trade Forex?
what is scalp trading? scalp trading is a day trading strategy that takes place in few minutes, that means you would buy and sell the pair of currency in minutes or probably seconds. It is different from the normal day trading that will last for hours. Scalpers will often choose the currency pair that has the same buying and selling price because they react very quickly to the market fluctuations.
Moreover, if you're not very fast in market sentiment analysis, it will be very difficult for you to undergo scalping trading strategy. It is indeed one of the strategies that could be used to make money very quickly in forex business and I have tried out this type of strategy severally and I found out that it works very well on the ground that you must be very fast in the technical and fundamental analysis of the Forex market.
Do you believe that scalping is the best strategy that one could use to trade Forex?