Scalpers seek to profit from small market movements, taking advantage of a ticker tape that never stands still during the market day. (See articles: Introduction To Trading: Scalpers and Understanding The Ticker Tape.)
For years this fast-fingered crowd relied on Level II bid/ask screens to locate buy and sell signals, reading supply and demand imbalances away from the NBBO (National Best Bid and Offer). (To gain greater insights into how this works, see: The Basics Of The Bid-Ask Spread.)
They would buy when demand set up on the bid side or sell when supply set up on the ask side, booking a profit or loss minutes later as soon as balanced conditions returned to the spread.
Read more: Top Technical Indicators For A Scalping Trading Strategy (IWM,AAPL)
This is dummy text. It is not meant to be read. Accordingly, it is difficult to figure out when to end it. But then, this is dummy text. It is not meant to be read. Period.
ConversionConversion EmoticonEmoticon