tailieunhanh - Finance Insider Guide to Trading Stock Markets_2

Tham khảo tài liệu 'finance insider guide to trading stock markets_2', tài chính - ngân hàng, đầu tư chứng khoán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 31 scalpers increase their commissions by performing more trades. Resist the temptation to over trade especially if you aren t sure of making a consistent profit. Time Intervals - Generally scalp trades only last from a few seconds to a few mere minutes. They can last as long as a couple of hours at the most but this is more rare. Order Placement - The success of scalping tends to evolve around placing the orders. Because scalping is a very fast process your ability to get in and out of a trade is detrimental for making a profit. You must be able to think quickly and act with speed. Software Network Connection - Again speed is of the essence. If you don t have a fast enough connection to the Internet to gain access expedite orders and receive timely information in real-time you are defeating your purpose of scalping and probably losing money or else you could be profiting more. Likewise your software program should be efficient and fast in making calculations producing charts for viewing and toggling to screens without delay. You can t make fast effective decisions if you don t have timely access to the information on which you are making decisions. Competition- Specialists and market makers representing themselves and huge multi-million dollar corporations are not only equipped with the latest cutting-edge technology but they are very intelligent savvy individuals who happen to be your competition. Sometimes an overcrowded market leaves very few slices of the pie. 32 As there are a few favorable conditions to look for when scalping adhere to the don ts below Don t be Biased - Refrain from making market determinations without sufficient evidence. Let the market show you what it s going to do. Analyze the factors that may or may not prevent a stock from going in one direction or the other. Stay neutral and watch things closely so that you will be prepared to take action as soon as the direction of the market becomes clear. Don t Chase - .