What is #scalping and How It Is Being Used in #cryptocurrency #trading?
▻https://hackernoon.com/what-is-scalping-and-how-it-is-being-used-in-cryptocurrency-trading-56bb
Forex scalping once was a heated topic among the investors. It might stay around for good as the trend somehow is boiling for the cryptocurrency. For a lot of fresh investors, the Cryptocurrency Scalping could be new, but it’s been lurking around since long.Understanding ScalpingThe term scalping is relatively used with intraday Trading. This style of investment suits those looking for marginal profits over a short period of time rather than long term risks. With scalping, a trader is making profits of 50–70 pips using technical analysis, the strategy could be due to their habit of spending hours analyzing the Forex trading market.It works magically as the investor isn’t holding any sort of asset/share for a long period and is stopping-loss quickly to make small yet more frequent profits. (...)