I've never really heard of the traders who do scaplinng in their trade using the pair that has a large spread because maybe this will make them longer in opening trade because it looks so big floating with a large spread
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in my mind, scalping means to trade on forex currencies within a short time and try to make a profit with it ..as a scalper, i open some positions and then will wait for it to be in profit...so then i will close it and try to gain more and more profit with it.....
For scalping we should be quick enough to respond to the price moment.low spread pairs are necessary.
remember scalping is really a challenging one and in my view i find it difficult when compared to other style,so try this scalping with experience.
Most of the Rich traders are only trade in long term.. All the banks, Corporate house, Financial Institution etc only invest in a long term basis.. They dont gamble like us.. Because scalping is risky but its quick money while long term is quite riskless but its slow money.. To secure their investment they choose long term trading along with big return every year..
Manage scalping is very important, very important, the market moves so fast, but for scalper, they do not have a good Rewards/Risk ratio, so they should always be caution to do risk management, or they will lose money.
scalping is not this .. in my knowledge we must enter with a trgt .. and dont do over trade.. its given worst result.. we just wait for the right area.. if we watch 15 charts than we get 2-3 chance per day ..per pair ..for scalping we dont do trade on single pair.. we must do 10 pairs.. so we can generate a good income per day.
I also do scalping. The main thing that should be keep in mind while doing scalping is to choose that pair which has very low spreads and also should have fast movement like EUR/USD and GBP/USD. I do scalping in these pairs only.