Forex scalping tactics.

Unlike trading strategies based on a similar framework, scalping tactics represent a set of universal techniques that can be used in any short-term trading scenario.

Most scalping trading systems are built on this tactic, so if you decide to scalp, it's a good idea to know all the tactics involved.

Short-term trading is based on the following points and techniques:

1. The maximum applicable leverage is used – that is, the shorter your trading interval, the higher the leverage. The essence of this rule is as follows.

If you plan to close a trade with a loss of no more than 3 pips, then you can base your calculations on that.

Your 3 pips should be approximately 3% of the total deposit, meaning with a deposit of $100, the loss per trade will be $3.

This translates into a trade size of 0.1 lots. With a deposit of $100, this volume can be traded with a leverage of 1:100 or more, depending on the currency pair.

However, this is for casual scalping; pipsing , for example, can involve greater risk and, consequently, profit, so the trade size can be tripled to 0.3 lots, and the leverage to 1:300 - 1:500.

2. Profit preservation tactics – you can lose money even faster when scalping than you make, especially when a deposit that's been multiplied tenfold is wiped out in just a couple of hours.

Therefore, when scalping or pipsing, it's always important to manage your profits wisely.

Traders have several approaches to solving this problem: one is to withdraw all profits, the other is to withdraw most of them, and use the rest to increase trading volumes.

In other words, no matter how much money you have in your account, you should never risk it all. You have $1,000, earn another $500, and withdraw at least $300.

3. Find a small spread – the spread size usually directly depends on the trading session and currency pair. Therefore, trading instruments should be selected based on the trading time. For example, during the Asian trading session, we trade the Yen, etc.

This rule applies to floating commission spread options.

4. One-click trading – when scalping, every second counts, so closing trades with one click can sometimes help you earn an extra pip. Since even one pip is quite significant in our case, it always has a significant impact on your financial results. Typically, with this option, you close an order by clicking the cross next to the open order.

5. Scripts – using additional scripts in trading makes trading more efficient and convenient. download Forex scripts from the link provided.

Forex scalping tactics involve the comprehensive use of various techniques to increase trading profitability.