The benefit is the shorter holding period - you do not get stuck with a position for too long, so the many is always available to you when you need it. The chance of getting carried away by some huge unexpected market event is also lower for scalping than for long-term trading.

ScalpingI, like when most people start trading Forex, attempted to make a few pips within the market andthen get out. Most of the time this would be successful but eventually the long-term effect was tomake losses.Sometimes I would lose everything within my account. I did not understand that my approach wasactually called scalping and unbeknown to me I lacked the experience and knowledge to use thistechnique properly in the market.I then became a positional trader and would open positions for three or four days with the aim ofgetting at least 100 pips of profit.Again, I would mostly succeed and this worked for a number of years. However, things all becamevery different after I had met a trader who used only the one strategy year after year.