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Paperback Forex Scalping: Broader Guide on How to Scalp Forex (Risk Free Strategy) Book

ISBN: B0BFJDS6X3

ISBN13: 9798353093954

Forex Scalping: Broader Guide on How to Scalp Forex (Risk Free Strategy)

Forex scalping is a popular method involving the quick opening and liquidation of positions. The term "quick" is imprecise, but it is generally meant to define a timeframe of about 3-5 minutes at most, while most scalpers will maintain their positions for as little as one minute.

The popularity of scalping is born of its perceived safety as a trading style. Many traders argue that since scalpers maintain their positions for a brief time period in comparison to regular traders, market exposure of a scalper is much shorter than that of a trend follower, or even a day trader, and consequently, the risk of large losses resulting from strong market moves is smaller. Indeed, it is possible to claim that the typical scalper cares only about the bid-ask spread, while concepts like trend, or range are not very significant to him. Although scalpers need ignore these market phenomena, they are under no obligation to trade them, because they concern themselves only with the brief periods of volatility created by them.

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