Each trader wants to go in and out of the market, a hundred greenbacks richer. However, it's important to grasp that day trading simply does not work, and intra-day trading will only get the person trying it scalped. Why does it not work? The solution is easy : common-or-garden, trillions of bucks are traded by currency exchange traders who fall into these classes. * Hedgers or people who do not look for profit in currency fluctuations but to simply hedge their portfolios;. * Central Banks or those that intermediate sometimes to stabilise currency or the market when they deem it mandatory.
* Big Merchants or people who have huge capitals and are pro cash makers;.
All these are people who each have their own thoughts and moves, and it's simply most unlikely to foretell what they're going to do next move. Typically scalping do not have a stop loss, because you have to be fast to enter a trade and fast to get out of a trade too.
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