Scalping and middle bets are a popular spread betting strategy that is widely used by amateur, as well as professional players. A strategy used for minimizing risk, scalping involves quickly opening and closing positions, usually to make a small profit.
As prices rise and fall throughout the day or week, you will be presented with several opportunities to make small gains; an experienced scalper may achieve a few dozen small gains in one day that total a substantial overall profit. While scalping and middle bets can be highly effective, one of the main pitfalls of this strategy is that it requires a great deal of time, patience and a keen eye on the markets. Not to mention the right software.
Successful scalpers are not interested in long term market movements; they will close a trade whenever the opportunity of making even a few points arises. The key to this strategy is to scalp as many small gains as possible in order to end the day in a profit… that’s it.
The main benefit of scalping is that you get to keep a large portion of your capital intact and so your exposure to risk can be reduced. Gaining by a few points whenever you can, you can move towards making a large profit with several small gains throughout the day. This spread betting tip can be great for betting professionals who are disciplined and risk adverse.
However, scalping and middle bets can be a painful strategy to implement if you’re not patient. To implement this strategy effectively, you will need to watch the market throughout the day whilst opening and closing positions many times. Although scalping is a short term strategy, it is not uncommon for a scalper to close their position and the market to continue in their favor. This can result in future emotionally-driven decisions that can be very expensive – and one big loss can take a long time to recover from when scalping. A good PPH service provider can be very helpful in providing a bookie with the necessary tools to identify scalpers and middlers.