Hi all ,
Hope all of you are doing well.
I've been scalping for a month now and i'm trying to improve my understanding of the markets more so i can trade better . I've come across many people/threads and articles where they say , they always keep an eye on the index .
My questions is , do scalpers really need to keep an eye on the index ? as we are looking for tiny fluctuations in the market/stock . do we have the time to analyze both and take a call ? do you guys do it ?
I'm a bit confused cause i dont seem to do it and i dont get the point . maybe for a swing trader or a positional trade it makes sense for me .
I would like to know senior scalpers views regarding it .
Awaiting replies ,
Fudge
Hope all of you are doing well.
I've been scalping for a month now and i'm trying to improve my understanding of the markets more so i can trade better . I've come across many people/threads and articles where they say , they always keep an eye on the index .
My questions is , do scalpers really need to keep an eye on the index ? as we are looking for tiny fluctuations in the market/stock . do we have the time to analyze both and take a call ? do you guys do it ?
I'm a bit confused cause i dont seem to do it and i dont get the point . maybe for a swing trader or a positional trade it makes sense for me .
I would like to know senior scalpers views regarding it .
Awaiting replies ,
Fudge