You can be a successful scalper if you operate in a market with sufficient liquidity, low trading costs, and adequate volatility.
In my opinion, scalping is the most challenging type of trading to be consistently profitable because it requires quick decision-making, a reliable trading platform, and tight risk management.
It’s also a very emotional way to trade, and humans aren’t great at operating under stress.
While scalping can be profitable, especially in markets that experience frequent price movements, you must ensure that transaction costs stay within your small profits and be able to execute trades efficiently to take advantage of short-term market fluctuations.
Scalping is a high-risk, high-reward way of trading. But with a well-crafted and successful strategy, the rewards can be substantial.
Christian Harris