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What is scalping

Discussion in 'Beginners Bootcamp' started by EZE OBI, Jun 10, 2008.

  1. EZE OBI

    EZE OBI Recruit

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    what is scalping
     
  2. EZE OBI

    EZE OBI Recruit

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    what is slipage
     
  3. Pharaoh

    Pharaoh Colonel

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    Scalping is trading very short time frames to grab a few pips at a time. Despite the fact that they get to collect the spread on each deal, a lot of brokers don't like this trading style, since a good scalper can be very profitable.

    Slippage - You place (or close) an order at a certain price. Your broker fills your order at a worse price (the price "slips") and blames it on fast moving market conditions. Some brokers do this and only hit you for a few pips. Others will burn you for 20, 30, or even more.
     

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