Scalpers enter and exit the financial markets quickly, usually within seconds, using higher levels of leverage to place larger sized trades in the hopes of achieving greater profits from relatively small price changes.
- Scalpers buy and sell many times in a day intending to make consistent profits from incremental movements in the traded security's price.
- Scalpers must be highly disciplined, combative by nature, and astute decision-makers to succeed with this type of trading strategy.
Traits of Scalpers
- Decision maker