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Best Scalping Strategy for Beginners 💹📈
9 months ago
12
Discover why so many successful traders trust Deriv!
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1️⃣ Focus on Major Pairs: Stick to pairs like EUR/USD for tighter spreads and high liquidity.
2️⃣ Use a 1-Min or 5-Min Chart: Scalping requires quick decisions, so lower timeframes are key.
3️⃣ Add Moving Averages: Use a fast-moving average (e.g., 9 EMA) and a slow one (e.g., 21 EMA) to identify trends.
4️⃣ Wait for Breakouts: Enter trades when the price breaks key levels with momentum.
5️⃣ Set Tight Stop Losses: Manage risk by keeping losses small and profits consistent.
Stay disciplined, keep trades small, and never over-leverage. Scalping is all about precision! 🚀 #Scalping #ForexForBeginners #TradingTips #DayTrading
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