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Trading Ideas

What is Scalping Trading and How Does it Work?

Scalping trading is actually what most people imagine when they think of day trading. It’s a trading style that deals in rapid trade. And a scalper often makes hundreds of trades each day. Scalping sees traders holding securities for minutes at a time and capitalizing on small movements. It’s considered a lower-risk form of trading, which means big winners are difficult to come by. Instead, it’s all about incremental gains.
The idea behind scalping is to take profits quickly, with as little exposure to time as a risk variable. Scalpers enter and exit their positions in a matter of minutes. …read more […]

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Trading Ideas

What Are NFTs and What Do They Do?

“What are NFTs?” It’s a question we’ve been asked a lot lately. The idea behind them has been around for a while. But they gained a whole lot of legitimacy once Christie’s became the first major auction house to offer a purely digital work of art with a unique NFT.

Let’s start with the basics. NFT is an initialism that stands for non-fungible tokens. The key word there is fungible. Non-fungible means it’s not able to be replaced. And these virtual tokens can represent anything from unique digital art to games to sports collectibles. And they’re having a noteworthy impact on …read more […]