Scalping

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By sgjerome


 

Generally scalping is considered a very nervous type of trading. Very important here is the necessity to indicate lot, TakeProfit and StopLoss levels each time, thus being distracted from a chart. Usually in such a trading profit is fixed at 1-10 pips (points). Scalping is known for its complexity, nervousness and higher attentiveness required. Someone thinks it not serious, someone considers it a perfect mastery. Probably every trader ever tried to use a scalping strategy. For some traders scalping is the most convenient type of trading, for others - on the contrary. Some consider scalping the most interesting trading, others - a mere waste of time. However everyone can note about the necessity of a higher attention to market and opened trades in this type of trading. Many traders decline using scalping just because it requires much effort and nerves. Suppose a trader is going to use scalping with a fixed lot and take profit at each trade. Obviously, it is reasonable to eliminate the necessity of indicating these parameters every time for each trade. Because it takes extra time and draws a trader's attention from a chart. It means we need a tool that will open a trade with a fixed lot and TP/SL levels on a trader's command. The tool's operation should be maximally simple; besides it should minimally distract a trader from a chart.

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