November 14, 2008, Newsletter Issue #80: What is Forex Scalping?
Tip of the Week
One term that "newbies" to the world of Forex will hear is "scalping." What is "scalping?" Scalping refers to the practice of opening and closing a position in seconds - or minutes at the longest.
If done right, scalping reduces exposure risk, even though it is done at higher rates of leverage.
Most brokerages do not like scalpers for a multitude of reasons - however, there are many of them and they do profit from this technique.
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Greetings,
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Thank you for your interest and good luck!
Forex Club, New York
