WHAT IS SCALPING
Scalping is a type of intraday trading in the stock, Forex, or crypto markets. Scalping is considered one of the most complex types of trading because it requires not only fast and decision-making but also increased psychological resilience and long, hard hours during the working day.
Nevertheless, scalping is a very popular trading strategy, especially among newbies. The reason is that the results can often be seen instantly. However, it should be noted that scalping may provide the desirable result only when trading high-volatility currency pairs with low spreads.
It should also be noted that scalping didn’t use to be around because all the deals had to be done manually. However, a manual scalper is now an ‘endangered species’ as this strategy was automated long ago and evolved into HFT - high-frequency algorithmic trading. The only difference between the two is that HFT trades are executed and held for milliseconds. Manual trading at such speeds is simply impossible – that is why scalpers now make all trades using a dedicated trading terminal.
