Scalping in BOOM and CRASH- Scalping is like those high action thriller movies that keep you on the edge of your seat. It’s fast paced, exciting, and mind-rattling all at once. These types of trades are usually only held onto for a few seconds to a few minutes at the most! The main objective for Boom Crash scalpers is to grab very small amounts of pips as many times as they can.
Because scalpers basically have to be glued to the charts, it is best suited for those who can spend several hours of undivided attention to their trading.
It requires intense focus and quick thinking to be successful.
It is not for those looking to make big wins all the time, but rather for those who like raking in small profits over the long run to make an overall profit.
You might be a BOOM CRASH scalper if:
You like fast trading and excitement sometimes it is indeed scary
You don’t mind being focused on your charts for several hours at a time
You are an impatient person who doesn’t like to wait for long trades
You can think fast and change bias, or direction, quickly
You have fast fingers (put those e-Sport skills to work!)
You are a FAP master. LOL
You might NOT be a BOOM CRASH scalper if:
You easily get stressed in fast moving environments
You can’t commit several hours of undivided attention to your charts
You’d rather make fewer trades with higher profit gains
You like taking your time to analyze the overall picture of the market