Main trading styles. Scalping 💥
When you enter trading, the market tests you not only for skills, but also for character. And if your trading style doesn't match your temperament and pace of life, don't count on luck.
In a series of posts, we decided to analyze the main trading styles. Hopefully, this will help you take an informed step towards choosing a work strategy.
Let's start with scalping, which is the fastest and most emotionally charged style.
The work here is carried out on low timeframes of 1M-15M using an order book. Scalpers catch small impulses. Just one mistake can lead to the zeroing of a whole month of work.
What are the pros and cons?
➕ Many opportunities for trades
➕ A small entry threshold
➕ High profitability potential
➖ Serious emotional burden
➖Requires iron discipline and concentration
➖Takes a lot of time
🧑💻This style will quickly turn an impulsive person into a tilt machine. Therefore, scalping is a suitable option for cold-blooded and fast traders.
There is an analysis of three more trading styles coming soon. Hit 🔥 if you're waiting for the next one!
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