Scalping

Scalping is an intraday trading strategy where traders enter and exit positions multiple times in the same stock within a single day, making use of small price movements during market hours.

When To Use?

Use the Scalping strategy when you want to take advantage of small, frequent price movements during the trading day. It’s ideal for highly liquid stocks or indices where quick entries and exits.



How it Works?

Orders are sent based on the above parameters

1As soon as the start time is reached, the first order is placed based on the selected Start Price
  • If ‘At Market Price’ is selected, then the first order equal to the Averaging Quantity is placed immediately
  • If ‘Average Start’ is selected, then the strategy keeps checking when your chosen start price is reached
  • Order is placed once the strategy starts
  • Once your scalping condition of average entry difference is met, a buy order equal to Averaging Quantity is placed
  • Buy orders will be placed keeping total open positions limited to the specified Max Open Quantity
  • If the price of the scrip goes up, sell orders will be placed as per your take profit difference preference




  • When not to use?

    Not recommended for illiquid stocks or out-of-the-money options

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