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Yes I agree, the scalping traders have short time but it can be very profitable if the exit strategy is strictly followed. I guess a novice trader can use it and after experimentation can follow a technique of their own with education and exposure.
Can anyone help me with the limitations with this kind of trading? |
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Couple limitations I can think of:
1. Scalpers tend to do 40+ roundtrips day with enormous volume
2. Will not catch the bigger swing.
3. Staring at tape all day
But this would not be considered a limiation from a scalper point of view. This is their trading style and they tend to be good at what they do. They are very quick to pull the trigger and very quick to exit at the first warning sign as well.