| To all those scalping skeptics around, these are my thoughts:You're very right about scalping strategies - nobody should only scalp. Scalping is risky.Scalping is dangerous and it could indeed lead to big losses or even margin calls. But when using low leverage, when only approaching high probability patterns and when tight and rigid stop losses are used, scalping is great for the trader's mind. You get a feeling of how the price is moving when studying these short term trends + you get the benefit of training the brain to impose and respect very strict money management and system rules.This is what scalping does for me - it keeps my mind in shape, and it helps me remind how important the psychological factor is when trading longer timeframes and bigger position sizes.Scalping doesn't earn a living. It just keeps me in shape ... |
