Scalper

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    A scalper is a trader who focuses on very narrow time frames, such as the 1 minute time frame, or tick charts. Scalpers usually hold on to trades for a few seconds to a few minutes maximum.

    The main objective of scalping is to make small, but frequent trades.

    Scalping will not suit every trader’s mentality — it is very fast-paced and requires a significant amount of attention throughout the day to find and take trades. It is only suitable if the scalper is able to dedicate their undivided attention for a concentrated period of time.

    Further reading

    Visit our “Which timeframe to trade on?” lesson for more information on scalping: