Scalper

tradebyday11 · Mar 9, 2007

Quote from danger66:

Not true. "Small gain?" Only if they are not very good at what they do. Really good scalpers are not only very profitable, the fact that they are in a position only a very short period of time adds another level of risk control that's absent from swing trading: reduced market exposure.

When exposure to the market is reduced (by limiting trade duration), you are less susceptible to gaps which can leave a big dent in your armor even if you use stops. Successful scalping is about being in control and not just blindly opening and closing positions.
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Thanks for the correction

Lon Eagle · Mar 9, 2007

There is a difference between scalping and sniping.

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Scalper

tradebyday11

Lon Eagle