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What's a Scalper?
As a Scalper, you love a fast-paced approach to forex trading. You seek to profit from short-term price swings.
More often than not, a Scalper will have strict entry, exit and risk management parameters, which are carefully calibrated to ensure that winning trades will always outweigh losing ones over time.
Scalpers trade in a world of rapid-fire frequency and require strict emotional discipline to execute their approach, meaning it can be particularly risky, but can also reap substantial rewards.
What resources are available?
The four hour trader
Short-term momentum scalping in the forex market
Introduction to multi-time frame analysis
Learn more about trading Forex with us from our comprehensive trading guide.
Will I always be a Scalper?As you grow and learn within the world of forex trading, your style and approach to trading will develop as well. The Scalper style matches your current attitude to life and work, but in a few years, you might have changed your trading style a little. Consider your approach again 12 months into your forex trading career and see if you have remained as Scalper, or if you’ve become a Swing Trader, a Position Trader, or an Algorithmic Trader. REMEMBER, Forex trading in this style will not guarantee success. |
What is my next step?Where to from here is up to you. You might go for more learning by attending one of our regular webinars run by experienced traders, or you might take a course or two at IG Academy. Or maybe you’ll read up on the latest market news and trade ideas from analysts around the world and put your new knowledge into practice using virtual funds on a demo account. |
Will I always be a Scalper?
As you grow and learn within the world of forex trading, your style and approach to trading will develop as well.
The Scalper style matches your current attitude to life and work, but in a few years, you might have changed your trading style a little.
Consider your approach again 12 months into your forex trading career and see if you have remained as Scalper, or if you’ve become a Swing Trader, a Position Trader, or an Algorithmic Trader.
REMEMBER, Forex trading in this style will not guarantee success.
What is my next step?
Where to from here is up to you. You might go for more learning by attending one of our regular webinars run by experienced traders, or you might take a course or two at IG Academy.
Or maybe you’ll read up on the latest market news and trade ideas from analysts around the world and put your new knowledge into practice using virtual funds on a demo account.
All forms of investments carry risks. CFDs are leveraged instruments. Trading CFDs may not be suitable for everyone and can result in losses that exceed deposits, so please ensure that you fully understand the risks and costs involved by reading the Risk Disclosure Statement and Risk Fact Sheet.
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