Scalping vs. Day Trading - Which is Better and Why
When it comes to retail Forex trading, traders use two main strategies: scalping and day trading. Both have their pros and cons, and it can be difficult to decide which is the best strategy for you. This article will discuss the differences between scalping and day trading and help you decide which is the best option for you! Scalping This strategy involves buying and selling security multiple times throughout the day in an attempt to make a profit from small price changes. Pros: Can be profitable in both rising and falling markets Allows you to take advantage of small price movements It can be done with less capital than day trading Cons: Can be stressful Requires quick reflexes and a keen eye It might not be the greatest option for all investors Day Trading Day trading involves holding a security for a short period, generally no longer than a day, and selling it once the price rises/falls. Pros: It can also be profitable ...