In the ever-evolving landscape of finance, Forex trading has emerged as a promising avenue for individuals seeking alternative career paths. The allure of flexible hours, potential for substantial profits, and the ability to trade from anywhere with an internet connection make Forex trading an enticing option for many. However, amidst the promises of wealth and freedom, the question arises: Can Forex trading truly be a sustainable career choice?

Forex, short for foreign exchange, involves the buying and selling of currencies on the global market. Traders aim to profit from fluctuations in exchange rates, leveraging their understanding of economic indicators, geopolitical events, and technical analysis. While the potential for high returns exists, so too do the risks associated with trading in a highly volatile market.

Before embarking on a career in Forex trading, it's essential to consider several factors:

1. Education and Skill Development: Successful Forex traders possess a deep ...

Scalp vs Swing Trades

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 moderate. R...