Thread: Whats the definition of Scalping?

This trading system involves taking a small profit, but a large number of times. Scalping has a interchangeable with pipsing -- from pip word (the minimal size of price changes).

Scalping M1

What do believe, if scalping is a proper egy for a newbie? I prefer intraday trading, but I'm quite interested in scalping also, I believe it's better fit to my character. Which are the qualities of traders, using scalping?

Originally Posted by ;

It is a term frequently used but what really is the consensus definition?

Can it mainly depend on how long you hold on to this position or level of profit you choose, I am guessing probably both but how long and how much?

Thanks,

WJ

I deem the term scalping though I call it jobbing as incredibly short term for 3-5 points.
As mentioned in a different thread to be succesful you need to be part of this bid or offer rather than paying the disperse to increase.
In other words a price manufacturer.