Scalper Definition – What is Scalper? | CFI

scalper

Scalpers are the kind of traders that hold their trades for a few seconds to a few minutes at most.

 

A forex scalper’s main aim is to capture small profits repeatedly during the busiest times of a trading day and can place anywhere between 10 to 100 trading positions in a single day. Scalping is an expert skill that requires someone who can think quickly and focus intensely. It is best suited for a trader with enough time to spend several hours watching charts with undivided attention. Often, they will use expert advisors or other trading plug-ins to help them increase the number of trades they can place in a short period.

 

Scalpers often use high leverage to place larger-sized trades because their strategy consists of achieving greater profits from small price changes. The key thing to remember when trading leveraged or margined financial products is that while leverage increases your total profits, it also works to magnify your potential losses.

 

Scalpers typically use the one- and five-minute charts when trading. They may also purchase market scanning software to support them in finding new trading opportunities. Most scalpers engage in high-volume trading and use online brokers that offer low spreads and low or no commission to keep their trading costs to a minimum.

 

Key takeaways:

  • Scalpers enter and exit the financial markets quickly, usually within seconds.
  • Scalpers often use expert advisors to help them execute their trades.
  • Scalpers must be highly disciplined, competitive, and fast decision-makers.
Credit Financier Invest (Mauritius) Ltd is an award winning global financial markets provider with over 23 years of experience and regulated entities in several jurisdictions, focused on offering impeccable execution and trading conditions including very low spreads, professional services, dedicated support and powerful tools.
Credit Financier Invest (Mauritius) Ltd has regulated subsidiaries in
London • Larnaca • Beirut • Amman • Dubai • Port Louis
Credit Financier Invest

Important Disclaimer:


We would like to remind that while we endeavour to provide best possible services, CFI provides execution only services and any information, reports, opinions, commentary or other materials he receives from CFI directly or from its employees or through any analytical tools provided to him or third party research provided to him from the Company shall not be deemed as investment advice and it cannot be relied upon to make investment decisions. The Client commits to make his own research and from external sources as well to make any investment. The Client accepts that CFI will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The contents of any report provided should not be construed as an express or implied promise, as a guarantee or implication that clients will profit from the strategies herein, or as a guarantee that losses in connection therewith can, or will be limited.


Forex and CFDs are leveraged products that incur a high level of risk and a small adverse market movement may expose the client to lose the entire invested capital. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The possibility exists that you could sustain a loss in excess of your deposited funds even if a stop loss is used and therefore, you should not speculate with capital that you cannot afford to lose and be aware of trading risks. Credit Financier Invest (Mauritius) Ltd provides general information that does not take into account your objectives, financial situation or needs. The content of this website must not be interpreted as personal advice. Please ensure that you understand the risks involved and seek independent advice if necessary.

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