Scalp Trading Strategy That Can Make You A Lot Of Money | by EasyTrader | Coins | October 2024

You can make a lot of money through scalping in the markets by following these simple steps:

So what is scalping?

Simply put, the idea is to profit from minor movements in the stock market.

For example, a swing trader on DAX might try to make anything above 40 points.

Scalpers, on the other hand, only want to take around 10 points on DAX and 2-4 points on FTSE.

Day traders make an average of 5 to 10 trades per day.

Scalpers can make up to 100 transactions per day.

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If you want a scalp, keep reading.

First, this strategy works best on indices such as DAX, FTSE, DOW, NASDAQ, and S&P.

The moving average (MA) or exponential moving average (EMA) must be set to 10.

Next, we switch to a 2-minute chart.

Sell ​​if the bear bar closes near the MA or EMA but is below it.