In the world of stock trading, the unpredictable nature of markets often leaves investors and traders vulnerable to significant losses during downturns. This was especially acute during August and September of this year, when some stocks fell as much as 30%.
Scalp trading strategy aims to create consistent returns by taking multiple small profits.
Scalp trading relies a lot on technicals and due to the need to read thousands of market data in real time, scalping is only effective when deployed using a stock trading bot.
We have compiled the trading results of our Ultra Scalp bot. Here are the overall performance figures:
According to the table above, if an investor purchased the specified stock and held it until the end of September (Buy and Hold), its performance would have paled in comparison to the Ultra Scalp bot actively trading the same stock.
Read more about Market Neutral bot’s performance in Aug and Sep 2023 >>
Disclaimer
Any information provided in this article is not intended to be a substitute for professional advice from a financial advisor, accountant, or attorney. You should always seek the advice of a professional before making any financial decisions. You should evaluate your investment objectives, risk tolerance, and financial situation before making any investment decisions. Please be aware that investing involves risk, and you should always do your own research before making any investment decisions. Any performance figures stated herein are historical and is not a guarantee of future performance.