What is scalping? Scalping is also known as surfing. This is a short-term trading strategy aimed at making small profits. But often from small price fluctuations of cryptocurrencies.
How scalping works:
A scalper will monitor the price chart of a particular cryptocurrency. At the same time, look for opportunities to buy when prices decrease and sell when prices increase.
They will open and close trading positions within a short period of time, sometimes just a few seconds or minutes.
Their goal is to profit from small price fluctuations. Even if it’s just a few pips (a fraction of a price unit).
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