Welcome to the SupremeCommerce Training blog! Where we discuss in depth about eCommerce, Amazon, dropshipping, digital marketing and investing, this blog is designed to keep you up to date with all things business and wealth.
Before we get into scalp vs swing trades and why scalps are better, we're going to break it down to what each is. A scalp trade is when traders/investors make numerous profitable trades on small price changes, but done quickly. You're basically going in and then right out. A swing trade is when traders/investors when you hold open a trade for a day or more hoping it'll be a profitable trade.
Scalp and swing trades are two of the most common short term trading methods. With scalps you're making smaller but quicker trades, and with swing trades you're making bigger but longer trades. Both require concentration, but scalps need a higher concentration level than swings. Swing trades are higher risk when you're trading whereas scalps have lower risk.
Swing trades are great for those who are beginning with trading to those who are advanced with trading. The level of stress between both trades differ, scalps are a higher stress level than swings which is...
As some of you may heard, big things are coming to our platform - or already here (May 1st, 2020!)
SupremeCommerce Training has entered the world of Forex to bring you another pillar for your foundational wealth building.
If you are looking into earning extra income, we highly recommend for you to start building your foundation for wealth with an eCommerce business, such as Amazon or Shopify. With an eCommerce business you can start earning quickly in short-term, whereas, with Forex, though you can earn short-term, it is more of a long-term earning process.
However, if you are 100% sure you want to start with Forex, then here are some tips for you: