Scalping is a way to make small profits in the market. Has anyone ever done it? Is it worth it? How much should I start out with? How much have you made if you've scalped?
2007-09-22 09:50:15 · 2 answers · asked by Conche 1 in Business & Finance ➔ Investing
In order to do this consistently, you need to be a member of the exchange and on the exchange floor. Trying to do this from home means delays while your order gets processed. Remember: nobody can beat a member to a trade. That's why they pay big bucks for their memberships.
2007-09-22 12:30:09 · answer #1 · answered by Ted 7 · 0⤊ 1⤋
Scalping for a point means $1 for every share traded, so do you math. BUT: scalping is a very fine skill that takes time to develop. Since a stock can easily move $1 in either direction, your goal as a scalper is to enter only high probability trades, and identifying these setups is the hard part that takes time to learn.
2007-09-22 14:37:24 · answer #2 · answered by Anonymous · 0⤊ 0⤋