What Are The Requirements of Scalper Traders ?

A Scalper Trader must recognize the daily and hourly support and resistance levels.

Scalpers must recognize chart patterns, in both trending and range-bound markets.

A Scalper trader must be patient and disciplined. Patience and discipline will help the trader entering the market at the wrong times and turning small losses into bigger losses.

Scalpers must control their own emotions while entering and exiting trades.

A Scalper trader must have quick reflexes to react when setups are occurring and he must be skilled at quickly executing the transaction.

Scalpers should be able to stay focused on its graphs for several hours at a time, paying undivided attention to the scalping setups.

A Scalper trader should gain profits from the market by diminishing its risk as much as possible. A Scalper Trader must be aware of the balance between risk and reward.