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Scalp trading for stocks. Anybody think this is a good idea? And has anyone found success with this method? What are some indicators do you use? And is this only useful for forex or do traders actually use it too for stocks?
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For someone just starting out, you should avoid trading. Scalping is a trading method where you trade profit off a little from small price changes. However, one significant loss can wipe away your past returns. Do focus more on investing rather than trading for long-term capital appreciation.
If you are still interested in trading, I would suggest having a mentor to coach you.