Scalping

[Zeologic]

1 hour ago, tradesprint said:

Once we learn how to trade we usually put the limit orders along with the stop loss and take profits to sit back and reduce our screen time waiting for the trade to hit our desired targets.

This can be done if the trader does not want to be too tired monitoring the market, using pending orders with stop losses and profit targets is lower risk than being too aggressive, which can drain emotions.

[tradesprint]

Initially every trader has to go through the hard work with patience since the trading is a boring job sitting and waiting for the profitable setups to form. Later, when they know the market conditions and gain confidence through consistently making money then they can relax thereselves in my opinion.