Scalp Trading "Getting Started"

If you have a high-level of discipline and focus, scalp trading - which is one of the most challenging styles of trading to master - may be for you! Traders are attracted to scalp trading for a number of reasons, including:

Less exposure to risk, Ability to place up to a hundred trades or more per day, Controlling "greed" due to small profit targets and Greater number of trading opportunities

While scalp trading has been around for many years, it lost some of its allure for awhile (thanks to the change in stock reporting from fractions to decimals) and may now be making a comeback.

There are some day trading strategies where you can have a win/loss ration of less than 50% and still make money. Scalp trading is not one of them!

A scalp trader must have a high win/loss ratio due to the fact that losing and winning trades are generally equal in size. Being right is a primary factor in successful scalp trading. So all you have to do is learn how to be right and you'll succeed in this challenging method of making money in the market!

Focus on the details of chart patterns and formations that lead to significant price action moves. -

• Learn how to identify the early stages of Support and Resistance,
• Trend Line Break and Chart Formations
• Fibonacci Retracements, and Gaps
• Breakaway patterns, measured moves, and exhaustion moves,
• Volume climax, volume trends, and consolidation patterns
• How to filter flags and triangles immediately for the best from the worst patterns
• and much, much more

Step-by-Step details

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