What is a one-minute scalping strategy? + (pros&cons)

One-Minute Scalping Strategy is a popular trading technique that involves opening and closing a deal in the shortest possible time. Many traders are of the opinion that this particular strategy enables them to achieve great results quickly and stably. Like any other technique, one-minute scalping has its advantages and disadvantages.

Pros:

• The ability to profit from a minor price movement. Even if the market does not show strong changes, the scalper finds options for profit by finding markets with short-term impulses;
• The ability to manage risks - holding a position for only one minute allows you to limit potential losses in time to respond to negative changes in market behavior;
• Possibility to use one-minute scalping in combination with other trading strategies.

The use of technical indicators may be considered one of the examples of a scalping strategy combined with other strategies. In particular, Bollinger Bands or moving averages help in making trading decisions.

Cons:

• The one-minute scalping strategy can be very stressful and time-consuming. Traders have to look for many new opportunities. It is a process that takes many hours of sitting in front of the monitor, which ultimately leads to burnout, and an inability to execute the plan.
• The one-minute scalping strategy is very demanding on the personal qualities of the trader. It is impossible to succeed without self-discipline and the ability to organize your own time. The thing is that the deals are opened in a short time and any distraction and distraction can cause serious losses.
• Another disadvantage would be the possibility of slippage on exiting or entering a trade. This means that the trader can lose money in one second if the market suddenly decides to turn sharply against him.

Expert opinions about scalping strategies suggest that with training and the ability to quickly navigate the changing trends, it is possible to become a successful trader and profit from the use of this technique.

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