Mini scalping.
When we hear about scalping, we all imagine earnings in the tens or even hundreds of thousands of dollars. Most beginners are haunted by
the fame of Larry Williams, who made over a million dollars from $10,000 in a year.
But one of the peculiarities of scalping is that turning $1 into $10 is much easier than turning $10,000 into $100,000. There are several reasons for this.
Firstly, there's the psychological pressure of large sums. When working with a large deposit, a trader becomes more cautious, begins to hesitate more when opening trades, and, oddly enough, makes mistakes more often. Mistakes with this trading strategy result in drawdowns or even the loss of the deposit.
Secondly, a significant increase in the deposit in a short period of time immediately attracts the attention of a broker, and not every company will allow a scalper to earn money. After this, connection problems, accusations of unauthorized trading, and other unpleasant consequences begin to arise.
It is for these two reasons that most traders refuse to trade scalping, and completely in vain.
An alternative can be the so-called "Mini scalping".
You have often heard similar stories: "In a few days, I increased the deposit from 10 to 300 dollars, then from 300 to 1000, and then lost everything in a few minutes." So why not stop at 300 dollars, withdraw the profit and continue trading?
This is the essence of mini scalping.
A cent account is used for trading .
• Profit should not exceed several hundred dollars.
• Profit is regularly withdrawn to another account.
• Trading volumes increase only due to the growth of the deposit.
• When trading, in any case, a scalping broker , since you will have to make a large number of short-term transactions.
All these rules are easy to understand with a specific example: With a deposit of $50, we start with 0.1 lots, increase it to $100, and then increase the trading volume to 0.2 lots. After increasing it to $200, we withdraw $50 and change the trading volume to 0.3 lots.
We move in this manner up to $300-400, remembering to withdraw profits periodically. Then, we leave the account with $50 again and start over.
The main principle of Mini Scalping is not to be greedy.
Even if you only manage to earn $20-30 in a day, with the current ruble exchange rate, this is still a significant amount. Most scalpers lose their deposits by excessively increasing their trading volumes; if you don't do this, you can ensure a fairly stable income.
And the accumulated profit can be invested in less risky Forex trading strategies .

