Wednesday, September 19, 2007

Advantages of Scalping Forex

A good thing about Forex scalping is that it allows collecting small but constant profits every several minutes.

Such small profits do add up quickly, so while a day trader is waiting and hoping for his big win, a scalper already has profits on the table and moves on to collect further gains.

The main advantages of scalping are:

- Small price moves which are more frequent than larger ones; this enables scalpers to be constantly in trade. Even during “quiet market” there are many small movements which are enough for scalpers to make profits out of it.

- Smaller profits are easier to collect, eventually they sum up into a big one.

- Lessened exposure risk due to short time being in the market diminishes the probability of price turning against scalper before he collects profits.

Forex scalping is profitable for traders with the right approach!

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