Forex Scalping

See: Foreign Exchange.

The goal of scalping (in financial terms; no hatchets required) is to take a small profit on a regular basis. One form of investing involves putting all your money in CompuAppBioTide at $6 a share and hoping it goes to $600. That strategy is the opposite of scalping. Scalping involves shaving off a fractional profit, but doing so in lots and lots of trades.

"Forex," meanwhile, refers to the currency exchange market. (The word "forex" comes from "foreign exchange.") It provides a good scalping opportunity, because currencies are always moving around, and the market is almost always open (because it deals with international currencies, and therefore crosses pretty much all time zones, you can find forex trading going on somewhere 24-hours-a-day during the work week).

So forex scalping entails trading in the currency market in real time, with the goal of squeezing a little profit out of each trade...and then making real money by making a ton of those slightly profitable moves.