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Article from Pips Geek

If you’re a beginner, it’s best to get your experience in longer term trading systems before trying scalping. Sure, you can do that, but you can make fast losses too. Beginners often have trouble handling the losses and may panic under stress, making bad calls for the result of their trade.

Some folk feel more comfy with foreign exchange day trading strategies, including scalping, as it means they don’t have to leave a trade open for very long . Again, in most cases this is a fear based inducement and not a reasonable excuse for adopting this plan. If you’re feeling really stressed by the idea of leaving a trade open while you take time out or sleep, you must try to adjust to that by trading with very small amounts in a micro account at first. Do not take up scalping which is even more stressful.

The market changes fast and it is unforgiving. You can easily be caught out if you do not have a lot of experience and a cool head.

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