đ§ What Is Scalping? â Explained for a 15-Year-Old and a 5-Year-Old
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How to explain "scalping" (especially in trading/crypto) to both a 15-year-old and a 5-year-old:
đ©âđ« To a 15-Year-Old:
Scalping is a trading strategy where people try to make quick profits from small price changes.
Imagine you're buying and selling sneakers. You buy a pair for $100, and within 10 minutes, someone offers you $105. You sell immediately and make $5 profit. Now imagine doing that over and over, many times a day â thatâs scalping in trading.
Scalpers donât care if the price will go up a lot in a week â they just want to catch tiny moves, fast, and cash out before anything changes.
Itâs like playing a video game where you're grabbing as many coins as possible before the monster (the market) changes direction.
đ¶ To a 5-Year-Old:
Scalping is like buying candy for $1 and then selling it to your friend for $1.10 right away â and doing that again and again all day.
You donât wait for the candy to get more expensive tomorrow. You just want to make a little bit of money right now, fast and many times.
Itâs like being really quick at picking up small coins before anyone else sees them.
