Scalper’s Mindset

March 18, 2007

The market and every move of the market will normally move in waves (not elliot). Generally when you are scalping you need to set your mind on the fact that you are scalping.

Traders often will say they are scalping but hold out for the longer term profits. Scalp means takle a smalll portion. It requires a mind set of I am takiung 10-15 here and then when the trade goes for 100 not getting mad and jumping back in. You need to discipline yourself and keep the heart out of it.

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