Looking for simple and profitable forex scalping strategies? In this ultimate forex scalping guide, we answer all your questions about forex scalping and provide various profitable scalping strategies.
Before we go in-depth into scalping, we should cover the basics first. What is scalping? Scalping is a short-term trading strategy wherein a trader takes advantage of small price changes in hopes of making profits. Unlike day traders, scalpers hold their positions for only a few seconds up to a few minutes. Because of this short duration, they can only gain small profits from these trades. However, if done correctly, these small profits will add up to a large sum of money.
One of the reasons why scalping is a popular strategy is because it gives more trading opportunities within the day. The forex market is the most volatile and most liquid, and scalpers make the most out of the price fluctuations of currency pairs. This strategy also exposes the trader to less risk since they are only in the market for a very short time. Once they see a trade become profitable, they will immediately exit the trade.
DC-based XM Radio may be in a pile of trouble, after Federal Regulators were called in to check to see whether or not the company has violated laws concerning billing and marketing. Worse still, the company also put out its earnings statements for the first quarter. Did I say earnings? I meant losses. XM is out $150 Million for the 1st quarter, though subscribers are up. What does this mean for XM? A beating at the stock market, for sure. Stock is trading at 20.31, 8% below opening, 1 hour ago, which is near a 52 week low. Ouch, XM. Ouch. Time to pull it together. This post appeared in its original form at DC Metblogs