Scalper – is a fast-paced trader who enters the market quickly and places large trades to leave the market sharply and benefit from small price changes. They can perform such operation many times during the day. Thus, many scalers use automated trading to keep to the same speed, set loss limits and take profit parameters.
By nature scalpers should be very disciplined and decisive because the seconds matter in each of their trades. To understand whether this trading style suits you, read our comprehensive lesson on scalping.
2020-04-21 • Updated