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Economy => Trading Discussion => Topic started by: Lasky366 on April 12, 2020, 05:09:31 AM



Title: What is Scalping?
Post by: Lasky366 on April 12, 2020, 05:09:31 AM
https://imgbb.online/images/2020/04/12/images-3.png

SCALPING (scalping)

Scalping is the trade that takes a few minutes at a small profit margin. For example, if scalping is 2% 3% or 5% profit, then you have to close the trade within minutes.
In Scalping  trading to have good strategy otherwise  the market will take all the profits without taking a big move in the opposite direction.


Title: Re: What is Scalping?
Post by: Yatsan on April 12, 2020, 08:06:07 AM
This strategy is really good when you have a free time and just want to trade. This is what I am doing for a while and also scalping is best when the market is volatile, the up's and down are pretty big so you can make a lot of profit as long as you are doing it right, for example is setting a stop loss in every trade so you can't lose a large amount of money.

In addition, when you have a big capital, then this is for you  ;)


Title: Re: What is Scalping?
Post by: Bvvvp009 on April 12, 2020, 12:24:43 PM
By looking at that chart it's not looking that much easier than the swing and day trading.its much riskier than other two.


Title: Re: What is Scalping?
Post by: Lanatsa on April 12, 2020, 01:57:25 PM
By looking at that chart it's not looking that much easier than the swing and day trading.its much riskier than other two.
You are definitely right with that!

Among the trading ways on where a trader could use,the scalping is the hardest one based of on experience.Why?
You cant easily tell on where the price would go on a very short period of time.You can make use of TA but with small
timeframe it is really hard and SL would really be needed from time to time to limit out losses.
One price swing can fucked you up.


Title: Re: What is Scalping?
Post by: logfiles on April 12, 2020, 09:31:38 PM
I love this strategy. It teaches a trader to have self-discipline while trading which in turn ensures that the emotions do not get the better of you. Stop loss is a very important aspect in this strategy.

One thing worth noting thou is that one needs to have a sizable amount of money in the margin or futures account that they are going to use for trading in order to realize meaningful profits in fiat value without having to use very high leverages due to small price movements which could be very risky with sudden volatility of the asset price.


Title: Re: What is Scalping?
Post by: pixie85 on April 12, 2020, 09:46:56 PM
I've seen people do that in real time on youtube. Some of those trades can be closed within a minute and bring 1% profit but it's not like they're trading a whole Bitcoin every time.
If you know what you're doing it's possible to have a steady income but at the same time this strategy is based on the market going up.

If you try scalping and get a stop loss after a stop loss at some point you may find it hard to get back that 10% lost in your last session.


Title: Re: What is Scalping?
Post by: logfiles on April 12, 2020, 10:27:58 PM
If you know what you're doing it's possible to have a steady income but at the same time this strategy is based on the market going up.

If you try scalping and get a stop loss after a stop loss at some point you may find it hard to get back that 10% lost in your last session.
You can make profits with both Bearish and Bullish trends of the markets with Margin/futures trading so long as you made perfect entry points so your statement is incorrect.


Title: Re: What is Scalping?
Post by: milewilda on April 12, 2020, 11:15:23 PM
If you know what you're doing it's possible to have a steady income but at the same time this strategy is based on the market going up.

If you try scalping and get a stop loss after a stop loss at some point you may find it hard to get back that 10% lost in your last session.
You can make profits with both Bearish and Bullish trends of the markets with Margin/futures trading so long as you made perfect entry points so your statement is incorrect.
Not an easy one but a very profitable kind of trading if you done it right.I highly believe that only a few who are capable on dealing with this kind of trading where it doesnt really care if it would a bull or in bearish trend.

Fast execution of orders neither making an entry or would make an exit.This isnt applicable to anyone but really worth of to try if you do have sufficient amount of time in dealing with active market.


Title: Re: What is Scalping?
Post by: alex-nn on April 12, 2020, 11:22:18 PM
Much easier to scalp with CScalp - google about it and watch tutorials because CScalp helps me to get profits trading futures on Binance. It's free soft and works with API well.


Title: Re: What is Scalping?
Post by: asyakashi on April 12, 2020, 11:48:11 PM
Looks easy when reading explanations about scalping. I tried it in several exchanges. not easy and not everyone wants to try this technique.
Emotional control is the key to profit in trading. forget the method.


Title: Re: What is Scalping?
Post by: GreatArkansas on April 13, 2020, 01:21:02 AM
I have experience with the Scalping method in trading. But those experiences were before when I was still new in trading and to be honest, I lost too much money way back before, and it's kinda difficult when you are new and tried to do this scalping method.
And besides that, you really need patience and time to do this method.


Title: Re: What is Scalping?
Post by: adaseb on April 13, 2020, 06:25:43 AM
Scalping is great because you can earn large % of profit however in reality its very difficult to do so profitabily. You are better off trading the higher timeframes like H4 and D1 rather than trading the M1. Sure we all want to be daytraders for a living but there is so much noise at the M1 level that there is a small percentage of traders that actually earn a living this way.

Most large traders just take trades off the H4-W1 charts because they want to follow the trend, they also got larger stops since their take profit is much larger, hence they got a large Risk reward ratio compared to scalping which is usually 1:1. Also with scalping you need to consider the spread and commissions that go along with it, so if you are scalping for half a percent of profit then your net profit will be very small right after fees, even with derivative brokers. With longer term trading the commissions don't really make much difference.


Title: Re: What is Scalping?
Post by: FanEagle on April 13, 2020, 07:04:05 AM
This strategy is really good
I love this strategy.
Not an easy one but a very profitable kind of trading if you done it right.
Please do not rush for a conclusion just by seeing the chart posted by OP. Unlike the levels marked in the chart, it would be too hard to find out where to go short/long and where to put stop-loss. Even you may do 3 to 5 profitable trades in a day, the next day one big loss will wipe out all your efforts.

Always strategies are seeming easier and profitable but in practical they are not. One usual problem with most indicators is time lagging; it means it will generates the signal only after the actual turning point. This is the reason the explanation of strategies or indicators are looking very much easier in books and complete different in markets.

Scalping requires to catch exact turning points of markets which must be too hard by any indicator or strategy. If you opt to catch small swings of markets then you may start losing bigger trends. Trading is all about profits which is too easier by catching bigger trends of markets because profiting the longer waves require less hassles compared to scalping.


Title: Re: What is Scalping?
Post by: bittraffic on April 13, 2020, 07:04:36 AM
@Lasky366 which exchange in crypto are you doing the scalping?

I can see you are doing it on NYSE. Tried scalping in crypto but not much success. I have also heard few who tried also failed unless you are really good at taking advantage of the leverage offered by the exchanges. A bit change of price in a minute time frame could profit big even in a down trend.


Title: Re: What is Scalping?
Post by: tbterryboy on April 13, 2020, 12:16:49 PM
A bit change of price in a minute time frame could profit big even in a down trend.
That is all about the scalping. Just a bit of change. Leveraged trading environment must be most appropriate for scalping as you can make profits on both of market directions and when you trade with 100x leverage then you can make a $1 worth of movements into $100 profits. Still, we must need to consider about the negative movement of markets which means just a $2 loss will lead to auto square off if your account is not having enough remaining capital to withstand when level of leveraged is availed.

By considering the basic thump rule of trading which is, every trader must need to focus on protecting capital must be the most prioritized thing, I guess scalping is not at all my preferred way of trading.


Title: Re: What is Scalping?
Post by: rathaha10 on April 13, 2020, 02:59:35 PM

Scalping is the trade that takes a few minutes at a small profit margin. For example, if scalping is 2% 3% or 5% profit, then you have to close the trade within minutes.
In Scalping  trading to have good strategy otherwise  the market will take all the profits without taking a big move in the opposite direction.


No doubt, lots of people are making profits from scalping but i think the reason why this method isn't mainstream is due to the fact that it requires lot of time, it requires a good emotion control and lot of trading expertise. I once opt in for it but i lose lots of fortune maybe reason being that i was relatively new to the whole market and ever since then, I've been skeptical about scalping. Thanks for sharing this post as my curiosity to learn and make profit with scalping just got triggered, i see a lot of people talked about using this method. I believe with proper understanding and my level of emotional control, i will scale through


Title: Re: What is Scalping?
Post by: rexxarofmoknathal on April 13, 2020, 03:20:52 PM
Like many on here already pointed out, 'scalping' can be prove to be generous stream of income but only works if the market provides the favourable conditions of market volatility, which as we know it it's not an issue. The real issue, though is at the user end because to practice this strategy you need to have the time and for me the stress level isn't worth the trouble. Nonetheless, for some this can be a decent option.


Title: Re: What is Scalping?
Post by: TrevorS on April 13, 2020, 05:35:18 PM
Scalping is an interesting topic, I studied it earlier.
However, I want to say that it is much more difficult to deal with it in the framework of stock markets because many assets follow certain trend lines,
and you can connect various types of analyzes, for example, news. Crypto market is not too predictable.


Title: Re: What is Scalping?
Post by: RealMalatesta on April 13, 2020, 07:11:39 PM
Like many on here already pointed out, 'scalping' can be prove to be generous stream of income but only works if the market provides the favourable conditions of market volatility, which as we know it it's not an issue. The real issue, though is at the user end because to practice this strategy you need to have the time and for me the stress level isn't worth the trouble. Nonetheless, for some this can be a decent option.
Never expect market to be your companion to provide you all the cushions for favoring with your directions. But always expect the unexpected things to happen which means scalping never will be fitting to be an stream of income. Still, if you want to adopt it so, then bitter lessons will tech you how stupid you are for considering the highly dangerous way for generating income.

There are lots of easier way of trading strategies are available especially for trading cryptos but definitely scalping cannot be one of them. Scalping is good for highly fluctuating markets but cryptos have its own way of trading to get enormous profits and this is the reason why many people are not at all suggesting scalping.


Title: Re: What is Scalping?
Post by: Stedsm on April 13, 2020, 07:13:05 PM
I've had been into forex for around 12 years and to what I've used scalping as, I'd say that scalping means a 5-10 minutes trade where you need to either book profits or losses, but during that timeframe only. You can set a trailing profit which will then adjust itself once you hit the minimum pips (points) decided by you and indicated in the bot. You need to use an ECN account or an account with the least spread among major currency pairs to take advantage of scalping.


Title: Re: What is Scalping?
Post by: wozzek23 on April 13, 2020, 08:53:57 PM
I've had been into forex for around 12 years and to what I've used scalping as, I'd say that scalping means a 5-10 minutes trade where you need to either book profits or losses, but during that timeframe only. You can set a trailing profit which will then adjust itself once you hit the minimum pips (points) decided by you and indicated in the bot.
If your targets are time driven means you may enter at any price levels to buy or sell according to your mood? I mean as per your strategy you to close your trade in 5 minutes regardless of that you are into profits or losses or neutral then why you need to bother about where to open a trade? I guess you can open at any price levels blindly and you may close just after 5 minutes. Now, scalping sounds like more interesting to me. Because, this is how I do gamble with dices ;).

You need to use an ECN account or an account with the least spread among major currency pairs to take advantage of scalping.
Yes, this must be a good suggestions so that you may maximize your profits rather than simply paying your pips as fee to the exchange. Not sure, this kind of facility available with crypto exchanges.


Title: Re: What is Scalping?
Post by: Utoy101 on April 13, 2020, 11:19:14 PM
I've had been into forex for around 12 years and to what I've used scalping as, I'd say that scalping means a 5-10 minutes trade where you need to either book profits or losses, but during that timeframe only. You can set a trailing profit which will then adjust itself once you hit the minimum pips (points) decided by you and indicated in the bot. You need to use an ECN account or an account with the least spread among major currency pairs to take advantage of scalping.

I think thesame goes for scalping in cryptocurrency market too, it strickly refers to quick and short time trade to take off profit. Usually, profits from scalping are always kind of little as its take them off from quick volatile movement of the market. Let to me, i'd say it is more difficult than as people portrayed and it requires lot of time as well as good emotional/risk management skills


Title: Re: What is Scalping?
Post by: Stedsm on April 13, 2020, 11:23:25 PM
I've had been into forex for around 12 years and to what I've used scalping as, I'd say that scalping means a 5-10 minutes trade where you need to either book profits or losses, but during that timeframe only. You can set a trailing profit which will then adjust itself once you hit the minimum pips (points) decided by you and indicated in the bot.
If your targets are time driven means you may enter at any price levels to buy or sell according to your mood? I mean as per your strategy you to close your trade in 5 minutes regardless of that you are into profits or losses or neutral then why you need to bother about where to open a trade? I guess you can open at any price levels blindly and you may close just after 5 minutes. Now, scalping sounds like more interesting to me. Because, this is how I do gamble with dices ;).

It is what I said it is, and rules are rules which is why you need not to be biased when choosing a direction for your trade while scalping because if you do, you may incur more losses than profiting through it. Like, if you make around 2-5% in a trade and you lose more than that consecutively for 3-5 trades, then you need to look for your decisions and either decide based on what you've learnt through them later on or just stop scalping completely as it's not for you. ;)


Title: Re: What is Scalping?
Post by: coinfinger on April 14, 2020, 10:57:05 AM
i'd say it is more difficult than as people portrayed and it requires lot of time as well as good emotional/risk management skills
Yes, you sound more practical. I do believe that scalping is adding another layer of difficulty to our usual trading still we are not going to get big profits. I agree scalping will be getting many small profits which may sum up into big but in my opinion that there will be no guarantee that we are going to make big profits at the end of day by summing up the results of many trades because trading is always open to profits and losses at same percentage.

It means you may end up nothing but with huge fees incurred with every trades. I mean you may book profits only in 50% of trades and rest of trades with losses then you will still face only loss. Scalping with any technical analysis may reduce the number of negative trades but then you cannot make more number of trades as you might need to wait until your technical analysis to signal you to open a trade.


Title: Re: What is Scalping?
Post by: lixer on April 14, 2020, 08:44:55 PM
The answer for what is scalping could be found on google very easily but making it use on crypto trading is not that easier as per my own experiences or at least not that much profitable compared to other way of trading strategies.

Scalping will be good only when you trade with high leverage and high accurate trading strategies. I guess leveraged trading is not a preferred way of trading for most of this community and accurate trading signals are not practically available to most of the traders or no one is capable of generating their own accurate signals for making use in scalping. Scalping in crypto trading so far good only in theory and in practical, it may take some more time when traders innovate things in near future.


Title: Re: What is Scalping?
Post by: BitTraderCute on April 15, 2020, 02:43:07 AM
i think scalping strategy was not suitable applied in cryptocurrency market. in this market analizing using technical analisys not accurate, and also price could suddenly make a spike. scalping trading in crypto market have bigger risk , we just take small point meanwhile daily range very wide. better use another strategy such as swing trading for mid and long term investment.


Title: Re: What is Scalping?
Post by: harrydrummond on April 15, 2020, 02:56:42 AM
I like this strategy, when Corona I have a lot of time at home, but this strategy requires high trading volume, so I have to choose the crypto market with high trading volume,

do you know the best place to trade crypto with high trading volume


Title: Re: What is Scalping?
Post by: maydna on April 15, 2020, 09:14:34 AM
Be careful when you want to use scalping trade because the market cannot always move up and down in one hour or more. You need to have skills to follow where the price wants to go so you can do fast analyze related to the current market. You can decide how long you want to use scalping trade, and you should leave the market as soon as your time ends so you can prevent the loss that can happen later.

At this moment, I think it is not easy to use scalping trade because the price is not moving fast but seems, the rate is slow to go up or down so that can make us waiting for some time. If that happens, perhaps, you need to take a break for a while to watch where the price will be.


Title: Re: What is Scalping?
Post by: dunfida on April 15, 2020, 08:57:55 PM
Be careful when you want to use scalping trade because the market cannot always move up and down in one hour or more. You need to have skills to follow where the price wants to go so you can do fast analyze related to the current market. You can decide how long you want to use scalping trade, and you should leave the market as soon as your time ends so you can prevent the loss that can happen later.

At this moment, I think it is not easy to use scalping trade because the price is not moving fast but seems, the rate is slow to go up or down so that can make us waiting for some time. If that happens, perhaps, you need to take a break for a while to watch where the price will be.

When dealing with a very volatile market then i dont think that scalpers would really tend to have that kind of break and even on sideways thing they do still scalp and its plausible to make money out
of those movements yet we know that its impossible for having no movement even on 1m-5m time frame which do scalpers usually hang on.

The thing here is that this isnt applicable or can be easily learned by someone who do just recently know to trade.Its risky and does really need up some good decision making skills and
fast execution of technicals.


Title: Re: What is Scalping?
Post by: CarnagexD on April 16, 2020, 08:01:49 AM
Scalping is the process that you are following some reference about the market movement of the changes also the use of the scalping is good because by that you can get easily an income regarding that even it is just a small amount still it is a profit. Even this is a sure market profit we cannot deny that there is a risk on this kind of technique because the market is volatile and we don't know which can happen on the next market movement. Also before I used scalping when I do not have enough knowledge about trading I used this kind of technique and now I trade it on my own.


Title: Re: What is Scalping?
Post by: forexdean on April 16, 2020, 10:01:42 AM
Scalping is a type of trading where traders do multiple traders in a day keeping very small profit , they explore more opportunities on the basis of technical analysis chart. The majority of traders use 1-5-10 min technical chart and open trade within the stipulated time whether it is loss or profit. Most of traders scalping in currency trading or cryptocurrencies using expert advisors or mannual trading. Scalping should be done in currencies with large liquidity and volatility such as EUR/USD, GBP/USD, USD/CAD, USD to INR (http://currencyconverterlive.com), USD/JPY etc.


Drawback of scalping trading: Scalping trading in currencies for cryptocurrency involve multiple orders which lower the profit and traders have to sit along the terminal.


Title: Re: What is Scalping?
Post by: whyrqa on April 17, 2020, 05:26:53 PM
When I decided to engage in cryptocurrency trading, it was scalping that was recommended to me as the most profitable trading strategy for a beginner.  Of course, daily trading will require a lot of time and certain knowledge, but nevertheless scalping is a very simple strategy, which is based on buying cryptocurrencies cheaper and selling at more expensive.  I learned this with the help of certain YouTube channels, where everything is explained in detail, and the most important thing is to choose the right coin for trading, with a high volume of trade, so that the price of the coin fluctuates up and down very actively throughout the day to get a good income.


Title: Re: What is Scalping?
Post by: Oceat on April 17, 2020, 11:30:21 PM
When I decided to engage in cryptocurrency trading, it was scalping that was recommended to me as the most profitable trading strategy for a beginner.  Of course, daily trading will require a lot of time and certain knowledge, but nevertheless scalping is a very simple strategy, which is based on buying cryptocurrencies cheaper and selling at more expensive.  I learned this with the help of certain YouTube channels, where everything is explained in detail, and the most important thing is to choose the right coin for trading, with a high volume of trade, so that the price of the coin fluctuates up and down very actively throughout the day to get a good income.
Aren't you a little bit advance than the rest of these beginners to actually dive in scalping without having a little experience or a certain knowledge to understand what they are up to? It is indeed recommendable but it also requires a vast amount of money to certainly gain a very nice profit in a short span of time. Scalping with a minimal amount of money is not that quite effective since you are mostly wasting some time and effort to actually gain a good profit.