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Economy => Trading Discussion => Topic started by: forestx on July 08, 2022, 09:03:46 PM



Title: 1-5 min scalping on binance is it worth it
Post by: forestx on July 08, 2022, 09:03:46 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Sterbens on July 08, 2022, 09:24:03 PM
Did you just try it for the first time during trading? do not expect more if the level of accuracy and speed of the market in taking prices will make you lose and cannot be really fast in scalping trades. You are very easy to play with market prices and I tried it for a long time until I decided not to like it anymore.

Good luck for such trading.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Bitcoin_Arena on July 08, 2022, 11:42:22 PM
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D
Did you try to find out why the strategy failed when you did paper trading? High leverage? Tight stop loss? Low risk reward ratio? poor win rate?
What results were you basing on when you said it had unbelievable results?

Quote
I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
It's very possible, but you are most likely going to trade 1- minute charts. I have one of my futures trading strategies focusing on 0.6% take profit and 0.4% stop loss, but I don't use it all the time

I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
It's possible, but very hard. There will be combination of factors
1. Market situations (trendy or sideways? Volatile or non-volatile?)
2. Liquidity of the futures contract you are trading
3. Leverage you are using
4. Risk management strategy


Title: Re: 1-5 min scalping on binance is it worth it
Post by: jackg on July 09, 2022, 12:13:15 AM
Are you trying to trade on spot or futures?

If you're trading on futures, you'll have to account for a funding rate.

Making a lot of trades with a 1% profit and an OK win rate is often the way people go in the space afaik. You can't lose too much if your strategy goes bad for a bit and people get nervous when they start to increase their risk (and sometimes rightfully so).

The issue with a lot of strategies is they're good until they're not, and you have to work out when that'll be. Also if you want to be more successful, look at how these strategies have been built and try to rationalise them to see if there's a cause for how they're able to be successful.

Trading "by eye" or without proper automation might also be a bit tedious and boring too - it's not the timeframe you can set and forget with (or set and come back in a few hours).


Title: Re: 1-5 min scalping on binance is it worth it
Post by: electronicash on July 09, 2022, 12:32:07 AM

that's one fast way to lose your money. have you not notice that BTC price can abruptly  jump from 20,000 to 21,000 in less than a minute?

i think everyone who had been in the spot market have tried scalping that frame but personally me have seen it plotted to make me lose my coins. you have got to have a god-like skills to make it.  if the market is steady going to one bullish direction and you are just selling in the 5 minute chart and buy back after a tiny dip.  a bot for this will be useful.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: cryptoaddictchie on July 09, 2022, 02:39:07 AM
Thats effective if your trades are really high in quantity(spot) or high leverage (fund in futures) since you can feel the profit within the ranges of fees incurred. However that time frame is quite risky even what method you used. Maybe there are some who do this who actually have experienced with it or trying to have profits even at smallest time they could gain or can be considered work for them as they have qoutas for gaining and limit on losing.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: mk4 on July 09, 2022, 06:01:56 AM
You can always have "unbelievable results" if you only tested it a couple of times. Luck can be a huge factor with trading (especially in lower time frames) that you need to learn to distinguish between luck and skill.

I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
Thousands and thousands of people are literally doing it. It's just up to you if you're actually good enough to end up profitable.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Oshosondy on July 09, 2022, 07:40:08 AM
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
15 minutes candle sticks chart and the use of indicators can help in scalping, but you have to be careful of the leverage used because indicator can fail. I do not recommend leverage. Some people are using scalping to make profit on a daily basis and it is working for them, but know that trading is very risky as some people are using it to make losses. As you are a beginner, use just the amount of money that you can afford to lose to trade, it will even be better to use lesser amount.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: GreatArkansas on July 09, 2022, 11:32:55 AM
There are some people who are really owning on scalp trading. Just stick with your plan and make sure you always have risk management.
Some will not agree with you but if you find it profitable for you and you can master it, so go for it.

Another thing to always think about is not all or most of the time is good to trade it doesn't mean you already exited your long position and you are bearish already and can open a short position, avoid it.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: forestx on July 09, 2022, 12:14:54 PM
Thanks for replies
The strategy I am testing is on spot and long only
One the 5 minute chart the back test takes in 800 trades  with average proffit per trade according to trading view 1.45% average bars in trade 8
However as I said when I paper traded it, it is a disaster
I would leverage it if I thought it would work but results are not good so far

I am looking to build another strategy to test  based on ATR levels but trying to figure out fees and other hidden charges and see if it is even possible to be profitable


Title: Re: 1-5 min scalping on binance is it worth it
Post by: maydna on July 09, 2022, 01:07:01 PM
The scalping technique can work well if the market price can go up and down quickly and there is a movement between supply and demand so that we can buy low and sell high. No need to sell too high, the important thing is that we can get profits many times. But this scalping technique has the risk of getting a high price because the price can drop immediately or get a dump at a low price. But as long as there are large ups and downs, the dumped price can immediately return to the high price to help us sell it and make a profit. I don't know if it would be profitable to use leverage because it's different to spot trading.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: AicecreaME on July 09, 2022, 01:37:08 PM
Scalping in that very short period of timeframe requires a lot of analysation and good decision making. You need to have fast internet to cope up with the sudden price change and end your trade when you hit the price you want. I don't put stop loss when I'm scalping since it is a quick trade only. I always pick coins that has high volatility like Bitcoin because that's where your profit are.

Don't scalp tokens that has a low volatility because you'll get frustrated about your gains in that 5mins timeframe.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: noorman0 on July 09, 2022, 02:00:38 PM
The only relevant type of trade that can be profitable in both directions in the short term is simply futures with a high degree of leverage.

-snip-
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
Even more so, if I remember correctly Binance gives up to 50 leverages for certain coins. You will get the sensation of trading like binary options which tend to be out of control. You have to really limit your futures funds somehow.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: palle11 on July 09, 2022, 04:29:54 PM
Scalping in that very short period of timeframe requires a lot of analysation and good decision making. You need to have fast internet to cope up with the sudden price change and end your trade when you hit the price you want. I don't put stop loss when I'm scalping since it is a quick trade only. I always pick coins that has high volatility like Bitcoin because that's where your profit are.

Don't scalp tokens that has a low volatility because you'll get frustrated about your gains in that 5mins timeframe.

I think the strategy op is trying to use may be consumed by volatility. Like you said scalping is a very fast and vigilant trading strategy that makes easier by stable network so that your order don't run beyond time expected or profit taking. Exchanges set fees for the orders, it depends on you on how many times you want to approach the market if you don't want your order to run long time.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: stomachgrowls on July 09, 2022, 09:27:41 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
Scalping is one of the trading ways but its not for everyone and if you are just a newbie in trading then better not to touch this area if you dont like to suffer fast losses on a shortest time frame.

Yes, you could really make profits on the movement but having that 1-5 minute timeframe is really needing those skills for you to handle out those movements even on the slightest one.
Its good that you are aware of those commission fees deducted and considering that 0.2-0.8% in between loss or gain.

If this one suits your taste and you could able to sustain for long term then stick to it but if you are just new and had recently test out this strategy of trading and turns out to be profitable
then you should engage and make use of it until you do get used about the reality and the essence of volatility of this market.  :D


Title: Re: 1-5 min scalping on binance is it worth it
Post by: adaseb on July 10, 2022, 03:47:21 AM
The issue with back testing and paper trading is that it doesn’t take into account real world issues such as slippage and whether you get a fill or not.

Especially when you are trading the 1M. A bit can easily pretend to enter a trade however in real life you might of not gotten a fill to get in the trade or get out of the trade.

Try trading with real money and you will see it’s not as easy as it sounds.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Alisha-k on July 10, 2022, 08:25:28 AM
You are obviously enjoying your strategy because the market isn't that volatile at the moment. Scalping is profitable if you are fast in taking profit and your greed level is moderate. When Scalping becomes a bad idea of trading is when volatile increases because retesting of zones will occur often than expected. One sweet part of scalping is that it does not require back testing but smart entry.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: sklopan on July 10, 2022, 10:16:37 AM
Sometimes it is worth evaluating things sensibly and understanding that sometimes the final results may not be worth the effort spent. This is also a fairly common scenario.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Rruchi man on July 10, 2022, 02:19:55 PM
... is it even possible to trade such small fluctuations and be profitable

It is possible to make profit, but if you are the type that has set a financial target or goal for yourself, it may be difficult and require thorough discipline staying attentive to the charts to meet your target. If you are a very organized it may be possible, but if you fall into the category of persons who can easily get distracted by daily activities, scalping may not be profitable to want to stay too long in.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Silberman on July 10, 2022, 07:27:26 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
You are asking a question that is not easy to answer at all as everything depends on your skills, could I do something like that? Not really, but there are many people out there that can, so the question is if you can actually pull it off? And for that you need a strategy which can make you profitable, it seems to me that you are still not ready to trade the markets for real, as it seems you paper traded your strategy and it seemed to be great but you have been unable to replicate the same results when trading for real, this should tell you there is something wrong with your strategy and as such you cannot use it until you figure out what is wrong with it.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: AakZaki on July 10, 2022, 07:31:56 PM
worth it or not, scalping has many factors you need to pay attention to and scalping requires good chart reading to enter and exit with the right timing. and also the resilience of the capital needed to do scalping repeatedly. If you're just going to try it without knowing how the scalping system works, don't do it. It is better to trade with a larger time frame while learning the science of trading properly. Don't force it, scalping is not as easy as you think.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: seleme on July 10, 2022, 08:21:26 PM
Well, overall scalping strategies don't work as expected in the long run due to the obvious reasons. Swing traders can make same amount of pips in week while scalpers waste their time on small timeframes. Staring at the screen for hours and getting similar results can't be attractive due to stress, mental pain. Anyways, simulate the strategy on historical market movements and trade carefully because single loss streak can melt profit of week without stop loss, IMO.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: freedomgo on July 10, 2022, 11:16:28 PM
No time frame was used in scalping as you are referring to the market price movement. But I see this was only for experts, not for newbies or those who have less experience with this. And yes, scalping can be worth it if you know how to manage your trades but if you are not focusing on it, doubted you can make something good from it.

If I were you, I do spot trading and just play the market volatility, you'll somehow earn some as long as you are indeed patient.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: edgycorner on July 10, 2022, 11:36:38 PM
You will definitely make some profit during a bull market with such strategies.
But when the bear market comes, you will experience consecutive losses. These kind of strategies can even wipe out your entire balance if you aren't careful enough.

Of course, you shouldn't let this thought hold you back from trying a new strategy. Just be careful  ;) Nothing is certain or ever-lasting (especially with cryptos).


Title: Re: 1-5 min scalping on binance is it worth it
Post by: OracleEasy on July 11, 2022, 11:03:33 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

It's very possible, I will show 5 minute chart for you
https://www.tradingview.com/chart/4yKcZbPB/


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Ziskinberg on July 11, 2022, 12:00:39 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
Just a piece of advice, never assume that all you have seen is true and also it happens to you in real life. I'd never stop you to think like that but I suggest trying it and seeing the results in actual trading and from that time, you can decide whether you will continue scalping or remain to spot trading which I guess was the best strategy for this bearish time.

Well, success comes from an individual decision, not from others. If we prove it works, then just do it.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: sklopan on July 11, 2022, 01:25:06 PM
How are you doing? I also explored a similar possibility, but I decided that now is not the best time for such experiments, and for the time being I postponed such decisions.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: adaseb on July 12, 2022, 04:39:12 AM
If you really want techniques like this to work. You can’t trade the 1M or 5M charts. You really should be looking at the 1H and higher. And use m15 to make an entry.

Sure you can trade more often but the 1M is mostly chop. Especially right now in the summer with no liquidity. If you want to trade it anyways do it on the NY open at least when it’s more active. Rather than the boring China sessions.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: gunhell16 on July 12, 2022, 05:33:41 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

Conducting scalping trading can be said to be a good way for an individual trader to earn quickly on exchange site platforms such as Binance. That's why it can also be said to be a dangerous method because you can also lose your assets quickly here if you only have enough knowledge in crypto trading. Many have done this so most of them have failed to make good money in trading, only a few of them have made money because these are the traders who know what they are doing and engage in such token exchanges on the Binance platform.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: traderethereum on July 12, 2022, 08:23:17 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
I don't use scalping very often because I have to be in front of the computer analyzing the direction the price will move.
But before starting scalping trading, you should pay attention to your internet connection because it plays an important role in trading.
We don't want to see our trades responding too late and causing us losses.
But scalping trading can also benefit you if you can play fast following price movements.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Adbitco on July 12, 2022, 09:16:01 AM
Most at times to make out something from scalping you don't need to focus on 1-5 minutes charts as they mostly confusing, I suggest you should try and view from various charts maybe 15- 1 hrs chart will give you the best analysis on what's going to happen next before you would get something mind blowing.
Keep this in mind, being to greedy might take you off from it.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Rufsilf on July 12, 2022, 12:31:10 PM

Keep this in mind, being to greedy might take you off from it.
Greediness will certainly outplay us but I think, it was not the concern of OP. What he is trying to look to if he could manage to earn some profit using scalping as it was indeed isn't sure if this will work at this time.
Well, I have to suggest to OP that this was a risky strategy, in fact, the majority of traders aren't using this time as we can see that prices mostly went low rather than making it high. I'm afraid that instead of thinking passive results, we ended up losing.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: niceli on July 12, 2022, 12:42:45 PM
I don't know if it is worth it, but I know that it is going to be something quite rare to get, and that is why I really doubt that you would have a success doing it if you are a newbie. Try being a very good trader first, with demo accounts and studying online from courses and youtube videos etc. If you are doing all of that then you are going to get a good result, or at least a better result than what you would get otherwise. Does that make sense to you? I do not know if it does, but it is certainly a method where you start not from zero, and not starting from zero means that you will get a better result one way or another.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: 0verseer on July 12, 2022, 04:09:32 PM
If you really want techniques like this to work. You can’t trade the 1M or 5M charts. You really should be looking at the 1H and higher. And use m15 to make an entry.

Sure you can trade more often but the 1M is mostly chop. Especially right now in the summer with no liquidity. If you want to trade it anyways do it on the NY open at least when it’s more active. Rather than the boring China sessions.
Scalping on future trade with the M15 chart simply works. At least works back when BTC was hovering around 30k, keeps popping up and down that range in less than a day so entry point and short/long also hovering around that price. Just quick in and quick out if you see good PLN to cover the fees. But as always, you can't expect the same trick works twice. Right now, I would advise OP to stay away from future trade or scalping since not just the problem with no liquidity but also the market is even harder to predict. Sure we're in a recession and it was coming but the price hit quite low, nearly the bottom already. Any whale's movements can fuck up the chart and your position. Yeah, that and the exchange mafia with their manipulation as well.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: gunhell16 on July 13, 2022, 05:07:10 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

Doing scalping in trading has its disadvantage and disadvantage dude, First of all yes you can earn fast but you can also lose fast that way. Unless you quickly analyze the movement there in the chart graph of the exchange, it can be said that it is safe, but if you are not sure, there is also a bit of risk, in my opinion.

now if you are really determined to do that, use the candle stick as your tools there in the chart and
indicator so you know if you should buy or sell. Good luck doing that.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Silberman on July 13, 2022, 08:28:09 PM
I don't know if it is worth it, but I know that it is going to be something quite rare to get, and that is why I really doubt that you would have a success doing it if you are a newbie. Try being a very good trader first, with demo accounts and studying online from courses and youtube videos etc. If you are doing all of that then you are going to get a good result, or at least a better result than what you would get otherwise. Does that make sense to you? I do not know if it does, but it is certainly a method where you start not from zero, and not starting from zero means that you will get a better result one way or another.
Traders need to understand that the shorter the time frame they use for their charts the more difficult it is to obtain profits, anyone that is interested in becoming a trader should probably start with a slow chart like the one day chart and trade the markets for months until they can see if they are profitable or not, if they are profitable then they can move to the 4 hour chart, one hour chart, 15 minutes chart and so on until they get to their desired time frame, but jumping directly to the 5 minutes or one minute chart is a jump that it is too difficult for most newbies to pull off.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: yhiaali3 on July 13, 2022, 09:19:45 PM
Scalping is very profitable, but there is a risk, especially when you are in futures contracts and the use of leverage. Frankly, I did not try scalping in future, but I tried it in spot trading. You have to constantly monitor and be flexible and fast in order to achieve good results. You must reap your profits quickly and do not covet so as not to You lose what you earn. In order to achieve the greatest benefit, you should choose the pairs that have the largest volume and large fluctuations. I advise you to try small amounts at first, and then when you gain more experience, you can increase the capital.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Oshosondy on July 18, 2022, 07:20:29 AM
Scalping is very profitable, but there is a risk, especially when you are in futures contracts and the use of leverage. Frankly, I did not try scalping in future, but I tried it in spot trading.
Using spot trading for scalping may be very difficult, it means you have to wait until you will only buy, you can not open a short position with spot trading. Future trading makes scalping more better, you will be able to go long and short in a way bitcoin or the coin taken can move in up or down direction and make money if the position taken is favoured, but in spot, you will first have to let the market to fall and you can only buy.

In future trading, it is riskier because people prefer to use leverage, but you can just go 1x which is also not risky like using 2x and above.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: TimeTeller on July 18, 2022, 11:09:48 AM
I don't know if it is worth it, but I know that it is going to be something quite rare to get, and that is why I really doubt that you would have a success doing it if you are a newbie. Try being a very good trader first, with demo accounts and studying online from courses and youtube videos etc. If you are doing all of that then you are going to get a good result, or at least a better result than what you would get otherwise. Does that make sense to you? I do not know if it does, but it is certainly a method where you start not from zero, and not starting from zero means that you will get a better result one way or another.
Traders need to understand that the shorter the time frame they use for their charts the more difficult it is to obtain profits, anyone that is interested in becoming a trader should probably start with a slow chart like the one day chart and trade the markets for months until they can see if they are profitable or not, if they are profitable then they can move to the 4 hour chart, one hour chart, 15 minutes chart and so on until they get to their desired time frame, but jumping directly to the 5 minutes or one minute chart is a jump that it is too difficult for most newbies to pull off.

You have a very good point on this, because some newbie traders may think that it is this easy.
They need to have a very good understanding of the specific market they want to trade with.
The 1-5 min scalping period is very short and one should really be very fast in terms of their decision aspect.
And that entails a comprehensive knowledge of what's going on with the market and have a wide understanding of it.
The profitability depends on the trader's skills on how he strategize his scalping activities.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: rozak on July 18, 2022, 11:27:49 AM
Scalping is very profitable, but there is a risk, especially when you are in futures contracts and the use of leverage. Frankly, I did not try scalping in future, but I tried it in spot trading.
Using spot trading for scalping may be very difficult, it means you have to wait until you will only buy, you can not open a short position with spot trading. Future trading makes scalping more better, you will be able to go long and short in a way bitcoin or the coin taken can move in up or down direction and make money if the position taken is favoured, but in spot, you will first have to let the market to fall and you can only buy.

In future trading, it is riskier because people prefer to use leverage, but you can just go 1x which is also not risky like using 2x and above.
This strategy is indeed the most appropriate for those who are involved in futures trading. it makes short trades profitable. in place, it is difficult to get high market fluctuations in a short time. and must also have a high trading volume. we can only apply it on the spot. a possible situation I think is only on assets that have just been launched on the exchange. very likely to happen but in a very short time. And of course with a big enough risk.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Bitcoin_Arena on July 18, 2022, 10:12:26 PM
In place, it is difficult to get high market fluctuations in a short time. and must also have a high trading volume. we can only apply it on the spot. a possible situation I think is only on assets that have just been launched on the exchange. very likely to happen but in a very short time. And of course with a big enough risk.
In crypto getting very huge market fluctuations is so easy especially with the low cap coins. I have traded the 1-minute chart a number of times, and it has happened often. Sometimes, a price can spike or dump by over 5% in a 1-minute candle.

This makes it suitable for both futures and spot traders.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Fatunad on July 18, 2022, 10:26:48 PM
In place, it is difficult to get high market fluctuations in a short time. and must also have a high trading volume. we can only apply it on the spot. a possible situation I think is only on assets that have just been launched on the exchange. very likely to happen but in a very short time. And of course with a big enough risk.
In crypto getting very huge market fluctuations is so easy especially with the low cap coins. I have traded the 1-minute chart a number of times, and it has happened often. Sometimes, a price can spike or dump by over 5% in a 1-minute candle.

This makes it suitable for both futures and spot traders.

You could really have those kind of chances and probabilities on making yourself to be that profitable out of those fluctuations even not talking with low caps but rather into those top ranking coins in the market or even on that top 100 which you could actually able to play with the price.Its up into your analysis and skills on which your profitability could be seen and its really worth if you do able to make yourself sustain.
Not all would really be that good on doing this thats why they are sticking with higher timeframes on seeing those 1h or weekly candles rather than playing with 1-5 minute candles.
Its up to someones preference when it comes to this.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Bitcoin_Arena on July 18, 2022, 11:08:08 PM
You could really have those kind of chances and probabilities on making yourself to be that profitable out of those fluctuations even not talking with low caps but rather into those top ranking coins in the market or even on that top 100 which you could actually able to play with the price
Only suitable in trendy markets, but not sideways market. Remember the period where BTC price appeared almost "stable"? that was the worst time to trade using certain stategies but thre were other low cap alts that could make 10% gains or losses daily.

Not all would really be that good on doing this thats why they are sticking with higher timeframes on seeing those 1h or weekly candles rather than playing with 1-5 minute candles.
it depends on one's trading strategy. Higher timeframes are not good for future trading, especially when one is using high leverage. Maybe spot trading.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: LUCKMCFLY on July 23, 2022, 04:09:04 AM
I would really like to do some scalping because that gives me a lot of emotion, but before doing scalping, which I haven't done yet, it doesn't really appeal to me, firstly because to have decent profits you have to risk a lot of money, and the truth is not I have the experience, and I could not risk a lot of money because it is very easy to lose it, in less than 1, 2, 3 seconds we could be multiplying our money or simply burning ourselves in a simple scalping, so I think I am to have a more relaxed trading with more options to react, besides, I don't know what could be a good scalping strategy to help me.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: so98nn on July 23, 2022, 04:29:28 AM
OP will need to add up coins which are way way volatile as compared to the bitcoin. For 5 min to 10 min chart view you will need enough candles to move up and down to grab the profits. Always remember your entry point accounts for trading fee as well which itself could be 0.2% in making and taking proportion. You will always end up in loss if you do not overcome those fees at the time of exiting the trade.  I am sure it’s not as easy as it sounds while typing and reading.  When you are performing on actual platform things get really nasty.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: LUCKMCFLY on August 01, 2022, 11:59:13 PM
I have found out a lot about scalping, from how to do it to the best techniques using some indicators, and possible tools that help make profits, however there is something that can stop anyone and/or encourage them and that is, that to do scalping and for some profitability to be seen is that a lot of money is put in and in a short time, until the movement occurs, and that translates into winning and seeing a good profit or losing almost everything, that is the greatest of all risks I see in scalping.

OP will need to add up coins which are way way volatile as compared to the bitcoin. For 5 min to 10 min chart view you will need enough candles to move up and down to grab the profits. Always remember your entry point accounts for trading fee as well which itself could be 0.2% in making and taking proportion. You will always end up in loss if you do not overcome those fees at the time of exiting the trade.  I am sure it’s not as easy as it sounds while typing and reading.  When you are performing on actual platform things get really nasty.

It is that this is a risk that everyone takes and that many see as the greatest of adrenaline actions, although for me this scalping thing I think professionals should do it, otherwise, I think that if it is done leaving everything to chance It would be almost irresponsible, which is what most newbies do, these are one of the things they do the most when entering the world of trading.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Tellek Garing on August 02, 2022, 07:58:29 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
The best way to find out if it will work on Binance is to practice it. From there you will know the limitations and strength of this strategy and if it will be profitable on Binance. If you share the strategy with us some of us that have been trading will also test it and advise accordingly.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: lepbagong on August 09, 2022, 02:42:41 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
The best way to find out if it will work on Binance is to practice it. From there you will know the limitations and strength of this strategy and if it will be profitable on Binance. If you share the strategy with us some of us that have been trading will also test it and advise accordingly.
theoretically it looks good but I really agree with my friend that it is better to practice it directly, because it will be seen whether it can work properly or not, if there is an error it would be better to correct it by not repeating it again in the future.
provide a clear strategy to many people because of success, it is very educational for many people but it is clear that everything will be implemented directly first whether it will match what we are going to do. because it may not be in accordance with what others have done, it will be the same as the recipient.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Franctoshi on August 09, 2022, 05:09:30 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked
Trading is risky using 1-5 mins is not advisible because is noisy and you definitely gonna find it a bit difficult to profit , Except if you're a professional trader and knows how to navigate the volatile market and come out profitably, but if you're still learning and trying to understand the market and want to scalp the market I suggest you do something not below 5-15mins time frame in order to get a clearer picture of what is going on in the market. However do what you know is good and works for you.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: taufik123 on August 09, 2022, 05:47:27 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked
Trading is risky using 1-5 mins is not advisible because is noisy and you definitely gonna find it a bit difficult to profit , Except if you're a professional trader and knows how to navigate the volatile market and come out profitably, but if you're still learning and trying to understand the market and want to scalp the market I suggest you do something not below 5-15mins time frame in order to get a clearer picture of what is going on in the market. However do what you know is good and works for you.
of course all adapted to the ability and understanding of each. when someone is able to trade the scalping method on a 1-5 minute time frame, then it is their choice and the risk they will bear. scalping requires good chart analysis so that it knows where to buy and when to sell and it is done quickly and repeatedly. The more capital used, the greater the profit, and vice versa.

I myself am currently still playing in the 5-15 minute time area and even choose to trade casually on the 1H time frame. You just have to adjust it, whether you want it fast, medium or long, everything can be profitable as long as you know when to enter and when to leave.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Oilacris on August 09, 2022, 09:13:06 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked
Trading is risky using 1-5 mins is not advisible because is noisy and you definitely gonna find it a bit difficult to profit , Except if you're a professional trader and knows how to navigate the volatile market and come out profitably, but if you're still learning and trying to understand the market and want to scalp the market I suggest you do something not below 5-15mins time frame in order to get a clearer picture of what is going on in the market. However do what you know is good and works for you.
of course all adapted to the ability and understanding of each. when someone is able to trade the scalping method on a 1-5 minute time frame, then it is their choice and the risk they will bear. scalping requires good chart analysis so that it knows where to buy and when to sell and it is done quickly and repeatedly. The more capital used, the greater the profit, and vice versa.

I myself am currently still playing in the 5-15 minute time area and even choose to trade casually on the 1H time frame. You just have to adjust it, whether you want it fast, medium or long, everything can be profitable as long as you know when to enter and when to leave.
Yes, we do have our own level of skills and knowledge on dealing up with the market.Some could handle out those small or fast time frames and some doesnt and thats why they do stick out on higher TF's.

So it does vary on someones capability because not all arent on the same level when it comes to this one thats why you should try whether it do works for you or not but one things for sure that if you do

find out yourself to be profitable or sustainable with scalping with those tf's then it does simply means that you are really good at it but honestly scalping is the most hardest type of trading
which not everybody could able to have a good grasps on.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: gunhell16 on August 11, 2022, 05:37:50 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

I just want to ask you, where do you want to perform scalping? I know you chose binance exchange but does that mean spot trading or Future Trading? So do you have experience in scalping trading? Apart from that, maybe it's better to do that in spot trading in my opinion and advice to you, due to it is quite safe according to my experience.

theoretically it looks good but I really agree with my friend that it is better to practice it directly, because it will be seen whether it can work properly or not, if there is an error it would be better to correct it by not repeating it again in the future.
provide a clear strategy to many people because of success, it is very educational for many people but it is clear that everything will be implemented directly first whether it will match what we are going to do. because it may not be in accordance with what others have done, it will be the same as the recipient.

In other words, as we train ourselves to perform scalping, we are gradually sharpened by this thing. Apparently, practice makes perfect. This is what you want to convey dude, right? And the more we learn from the mistakes is the more we gain in the future. Just be patience and never stop doing until we do it perfectly in the end.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Tellek Garing on August 11, 2022, 07:52:16 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
The best way to find out if it will work on Binance is to practice it. From there you will know the limitations and strength of this strategy and if it will be profitable on Binance. If you share the strategy with us some of us that have been trading will also test it and advise accordingly.
theoretically it looks good but I really agree with my friend that it is better to practice it directly, because it will be seen whether it can work properly or not, if there is an error it would be better to correct it by not repeating it again in the future.
provide a clear strategy to many people because of success, it is very educational for many people but it is clear that everything will be implemented directly first whether it will match what we are going to do. because it may not be in accordance with what others have done, it will be the same as the recipient.
OKay, Hope to hear from you after you must have practice very well and we can all learn from your experience. Why we have people loosing in a new strategy is because they have not created good time to study and practice the strategy before risky they hard earned money. Practice, practice is the only way to become proficient and skillful in trading.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: GelatikKembar on August 11, 2022, 08:10:45 AM
if you trade in the spot market for scalping on Binance I don't think it's worth it, especially with a small capital,
because scalping on the spot market must have a minimum capital of $ 1000 to be able to have a lot of profit,
but if you have capital below $ 1000, I recommend trading at futures trading


Title: Re: 1-5 min scalping on binance is it worth it
Post by: LUCKMCFLY on August 15, 2022, 06:58:27 PM
if you trade in the spot market for scalping on Binance I don't think it's worth it, especially with a small capital,
because scalping on the spot market must have a minimum capital of $ 1000 to be able to have a lot of profit,
but if you have capital below $ 1000, I recommend trading at futures trading

You are right, in fact I have seen that many friends who really like scalping do it with very little balance and it does not go well for them, and they tell me that they always win their trades, but somehow their balance does not increase, I The truth is that I did not know very well about scalping, but when I investigated and saw everything how it works, especially in Binance, I realized what you say, a true scalper has to trade with a lot of money in order to see profitability, otherwise you will have to work very hard to start seeing profits, and technically I don't recommend it because it is very difficult for all scalping to be won.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: bakasabo on August 16, 2022, 08:41:39 AM
For me, 1-5 scalping looks like a waste of time. If a person want to make trades in such a small time frame, that means he is not experienced or unsure in his decisions. Usually such kind of people dont have big balances and/or impatient. Scalping with small balance is a total waste of time. Person must make tens or hundred of profit trades to feel profit, when a minor mistake can ruin everything. Risk is to high.

P.S. I dont believe that people with huge funds would do 1-5 min scalping. Such people prefer long term investment, over tiny profit.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: samcrypto on August 16, 2022, 10:40:15 AM
For me, 1-5 scalping looks like a waste of time. If a person want to make trades in such a small time frame, that means he is not experienced or unsure in his decisions. Usually such kind of people dont have big balances and/or impatient. Scalping with small balance is a total waste of time. Person must make tens or hundred of profit trades to feel profit, when a minor mistake can ruin everything. Risk is to high.

P.S. I dont believe that people with huge funds would do 1-5 min scalping. Such people prefer long term investment, over tiny profit.
There’s a lot of scalpers are doing this, though we cannot blame them because for sure they succeed on this strategy. It’s hard to tell if its worth it or not, because it will always depend on your skills in trading and the result will also depend in the market situation. Personally, I prefer more to trade for long than to do scalpers, I think the fees is just eating up my capital without noticing it.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: rozak on August 16, 2022, 11:43:39 AM
In crypto getting very huge market fluctuations is so easy especially with the low cap coins. I have traded the 1-minute chart a number of times, and it has happened often. Sometimes, a price can spike or dump by over 5% in a 1-minute candle.

This makes it suitable for both futures and spot traders.

so the momentum must also lie in choosing the right asset. if I get that kind of momentum and can do it, I guess I will prefer to trade futures.

unfortunately, trading is not part of my luck. I see my luck lies in long-term investments. yes already tried more trades. but I feel the long-term investment is part of my fortune.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Hypnosis00 on August 16, 2022, 01:12:51 PM
For me, 1-5 scalping looks like a waste of time. If a person want to make trades in such a small time frame, that means he is not experienced or unsure in his decisions. Usually such kind of people dont have big balances and/or impatient. Scalping with small balance is a total waste of time. Person must make tens or hundred of profit trades to feel profit, when a minor mistake can ruin everything. Risk is to high.

I couldn't say it was a waste of time. Some scalpers preferred to use a short time frame as they are comfortable doing this. It is all about strategies because just putting myself into them and I see this is profitable compared to longer time frames, I'd rather use 5 mins instead of waiting 30 mins. That is still a waste of time for me to wait that long and I can't afford to lose any minute without doing anything. And besides, we can't be 24hours in the computer nor doing trading that I leave it to the traders to choose this one or not.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Silberman on August 17, 2022, 03:47:23 AM
For me, 1-5 scalping looks like a waste of time. If a person want to make trades in such a small time frame, that means he is not experienced or unsure in his decisions. Usually such kind of people dont have big balances and/or impatient. Scalping with small balance is a total waste of time. Person must make tens or hundred of profit trades to feel profit, when a minor mistake can ruin everything. Risk is to high.

P.S. I dont believe that people with huge funds would do 1-5 min scalping. Such people prefer long term investment, over tiny profit.
At least to me the bigger issue is that making profits in such a short time frame seems like something incredibly difficult to do, when you make trades which consider the overall trend of the market you can more or less guess where the market is going and make your trades in that direction, but when it comes to such a short time frame the market is incredibly erratic and there is almost no way to predict the overall trend as it does not exist, so I wonder how many people actually make any profits trading that way?


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Mr. Magkaisa on August 17, 2022, 07:49:08 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

Do you have idea about in signal or reading the chart in the exchange?
It is because having this skills will give you an easy job to do or implement the scalping way to earn here.
And also reading the chart candlestick will give you a signal of when to buy or sell. In this way
you can able to achieve your target as well in the end. But of course, you need to be cautious at all or
else your asset might get gone in the end.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: bakasabo on August 17, 2022, 08:00:19 AM
For me, 1-5 scalping looks like a waste of time. If a person want to make trades in such a small time frame, that means he is not experienced or unsure in his decisions. Usually such kind of people dont have big balances and/or impatient. Scalping with small balance is a total waste of time. Person must make tens or hundred of profit trades to feel profit, when a minor mistake can ruin everything. Risk is to high.

I couldn't say it was a waste of time. Some scalpers preferred to use a short time frame as they are comfortable doing this. It is all about strategies because just putting myself into them and I see this is profitable compared to longer time frames, I'd rather use 5 mins instead of waiting 30 mins. That is still a waste of time for me to wait that long and I can't afford to lose any minute without doing anything. And besides, we can't be 24hours in the computer nor doing trading that I leave it to the traders to choose this one or not.

If you cant spend whole behind computer, you can set sell orders or limits. I just dont understand the idea behind trading with such small time frame. How much could price change during 5 minutes ? Ok, I have gone to Binance and looked at Bitcoin. During 5 minutes the price has increased for $50. You pay 0.1% trading fee, but to get those $50 you need to deposit $24k. I believe not many do scalping with $24k worth budget. I believe, usually trading amount is much lower. And I see it following: a person spends whole day doing focused on price changes, nervous and in the end of the day get 5-10$.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: abel1337 on August 17, 2022, 08:04:07 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

Do you have idea about in signal or reading the chart in the exchange?
It is because having this skills will give you an easy job to do or implement the scalping way to earn here.
And also reading the chart candlestick will give you a signal of when to buy or sell. In this way
you can able to achieve your target as well in the end. But of course, you need to be cautious at all or
else your asset might get gone in the end.
I think he know how to read and understand the chart. It's easy tell because he is viewing or finding other people insights in trading view which means he can read those charts. A trader should at least know how to read a chart. There are basic patterns that a beginner can easily understand and I don't think a newbie one who can't read and understand a chart would take a risk in scalping. A trader who is doing scalping should be able to spot trends fast depending on the time frame the trader is trading.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: dunfida on August 17, 2022, 08:32:15 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

Do you have idea about in signal or reading the chart in the exchange?
It is because having this skills will give you an easy job to do or implement the scalping way to earn here.
And also reading the chart candlestick will give you a signal of when to buy or sell. In this way
you can able to achieve your target as well in the end. But of course, you need to be cautious at all or
else your asset might get gone in the end.
I think he know how to read and understand the chart. It's easy tell because he is viewing or finding other people insights in trading view which means he can read those charts. A trader should at least know how to read a chart. There are basic patterns that a beginner can easily understand and I don't think a newbie one who can't read and understand a chart would take a risk in scalping. A trader who is doing scalping should be able to spot trends fast depending on the time frame the trader is trading.
This should be the basic because you cant really make out immediate steps and actions if you dont know how to read up charts which it would be that understandable that you would really be needing to know those
things in the first place.Scalping is the hardest type of trade i would say specially on dealing with 1-5 minutes kind of trade where fighting along with price volatility which would really be needing immediate
action and decisions and we know that experience would really be mainly needed on this one.Whether you do find out to be effective and efficient then you are the ones who would know
if this kind or type of trading would really be effective and its up to you.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Wawa2013 on August 17, 2022, 10:47:02 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

Do you have idea about in signal or reading the chart in the exchange?
It is because having this skills will give you an easy job to do or implement the scalping way to earn here.
And also reading the chart candlestick will give you a signal of when to buy or sell. In this way
you can able to achieve your target as well in the end. But of course, you need to be cautious at all or
else your asset might get gone in the end.
I think he know how to read and understand the chart. It's easy tell because he is viewing or finding other people insights in trading view which means he can read those charts. A trader should at least know how to read a chart. There are basic patterns that a beginner can easily understand and I don't think a newbie one who can't read and understand a chart would take a risk in scalping. A trader who is doing scalping should be able to spot trends fast depending on the time frame the trader is trading.
This should be the basic because you cant really make out immediate steps and actions if you dont know how to read up charts which it would be that understandable that you would really be needing to know those
things in the first place.Scalping is the hardest type of trade i would say specially on dealing with 1-5 minutes kind of trade where fighting along with price volatility which would really be needing immediate
action and decisions and we know that experience would really be mainly needed on this one.Whether you do find out to be effective and efficient then you are the ones who would know
if this kind or type of trading would really be effective and its up to you.

Not everyone can be successful in scalping, and like you said we really have to master basic things like how to read charts, so it can predict where
the market will move. Experience is also an important factor for success in scalping when trading. In conclusion, scalping is only for traders who
have good analytical skills and can read charts, for people who are new to the crypto world and don't understand how to read charts, they should
avoid scalping when trading. Good emotional control is also needed when scalping, so that we can think calmly when making decisions and not panic
if it turns out to be wrong in predicting market movements. It is not easy to make a profit through scalping, but if we learn a lot and practice trading,
we can generate satisfactory profits from scalping.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Kelvinid on August 17, 2022, 11:06:29 PM
Well, the best thing for you OP is to try it because even to tell whether we are profiting or not, that for sure it was not satisfying on your end as you never tried it. And besides, we don't have the same results as it depends on the traders...
But based on my experience, scalping isn't a smart choice, especially during this time. I'd see this was profitable during the bull season. Considering that you are just earning a small percentage but you are paying huge fees, well, in the end, you are still losing because of your charges.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: gabbie2010 on August 17, 2022, 11:26:37 PM
Well, the best thing for you OP is to try it because even to tell whether we are profiting or not, that for sure it was not satisfying on your end as you never tried it. And besides, we don't have the same results as it depends on the traders...
But based on my experience, scalping isn't a smart choice, especially during this time. I'd see this was profitable during the bull season. Considering that you are just earning a small percentage but you are paying huge fees, well, in the end, you are still losing because of your charges.
The OP had already tried scalping unfortunately the results so far had not been encouraging compared to where the strategy was copied from, tried another method almost same results while seeking advice to use a high leverage to scalp which I belief will not yield positive results because of slight movement of the price of cryptos  within 5 minutes and scalping entails sitting glued to Laptop every time, personally I think the OP should opt for a higher timeframe trading strategy and abandon the idea of scalping on a 5 minutes timeframe afterall the end result is to end profits consistently.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Oceat on August 17, 2022, 11:58:19 PM
Well, the best thing for you OP is to try it because even to tell whether we are profiting or not, that for sure it was not satisfying on your end as you never tried it. And besides, we don't have the same results as it depends on the traders...
But based on my experience, scalping isn't a smart choice, especially during this time. I'd see this was profitable during the bull season. Considering that you are just earning a small percentage but you are paying huge fees, well, in the end, you are still losing because of your charges.
The OP had already tried scalping unfortunately the results so far had not been encouraging compared to where the strategy was copied from, tried another method almost same results while seeking advice to use a high leverage to scalp which I belief will not yield positive results because of slight movement of the price of cryptos  within 5 minutes and scalping entails sitting glued to Laptop every time, personally I think the OP should opt for a higher timeframe trading strategy and abandon the idea of scalping on a 5 minutes timeframe afterall the end result is to end profits consistently.
It's okay to try it at least OP know it's not working on him but everyone has its own strategy through trading he may not found it yet. And 5 minutes just for scalping is not enough if it's for me because you can't accurately figure the market that way you just have to study every move of the market to anticipate the next price movement.

Doing some TA and FA first so that you can time and anticipate the market although it's a hard process but eventually you will get what you deserve because it's all worth it when you put your all in your work. For some, it may take years or so but try it slowly and not too fast so that you could learn in the process.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: taufik123 on August 18, 2022, 04:19:52 AM
-snip-
Doing some TA and FA first so that you can time and anticipate the market although it's a hard process but eventually you will get what you deserve because it's all worth it when you put your all in your work. For some, it may take years or so but try it slowly and not too fast so that you could learn in the process.
Processing is very necessary because nothing comes instantly. Studying TA and FA requires persistence and understanding, as well as doing some practice to test how far you have learned. Scalping requires a good reading of the candle chart so that you can determine which positions to buy and sell in. It's difficult and takes time, but once you get used to it and understand everything it will become easy.

This is also not just a matter of TA and FA, but a psychological problem that also needs to be trained so as not to panic and not be too greedy.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: iv4n on August 18, 2022, 07:09:12 AM
Well, the best thing for you OP is to try it because even to tell whether we are profiting or not, that for sure it was not satisfying on your end as you never tried it. And besides, we don't have the same results as it depends on the traders...
But based on my experience, scalping isn't a smart choice, especially during this time. I'd see this was profitable during the bull season. Considering that you are just earning a small percentage but you are paying huge fees, well, in the end, you are still losing because of your charges.

There's profit in scalping definitely! Binance is the exchange with the highest volume for many coins and tokens, so I guess any trading strategy will work better on the platform with high volume! But like with other trading strategies, timing is of the essence when it comes to scalping! With good timing, you can expect some profit, with bad timing you can only expect losses!

I can't say there's a special period for scalping, even if we are in the bearish period we have nice fluctuations, some coins are going up and down all the time, and they have a nice range for everything! So with good timing, everything is possible... it's on us to try it and see do we have that sixth sense or not!


Title: Re: 1-5 min scalping on binance is it worth it
Post by: sulendra12 on August 18, 2022, 06:24:48 PM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  ;D
I have an experience about this, there is some youtube guides that I can think would help you there. Of course I have tried that before and sometimes you will lose and also gain something which is pretty normal in crypto trading market. I would prefer to just take the small profit like 1% - 5% if possible also taking fees into consideration before doing trading, I have gained so much knowledge by doing that which is really impressive.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Kopetunto on August 18, 2022, 11:42:09 PM
scalping is a difficult trade and must be done in futures trading, I also do scalping,
but it's been a very long time, because I actually suffered quite a large loss while trading,
I believe 90% of traders lose, and one of the things that make losses is greed


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Peanutswar on August 18, 2022, 11:48:10 PM
I guess OP forgot to update about the statement sending an image of the trade made well by the way this is the reason why people want to make a year in cryptocurrency because of the market volatility but recently due to the market down most of the time is only a small percentage for the price movement else you will make a large margin and leverage to gain profit which is for me not ideal thing


Title: Re: 1-5 min scalping on binance is it worth it
Post by: GelatikKembar on August 19, 2022, 03:23:08 PM
I guess OP forgot to update about the statement sending an image of the trade made well by the way this is the reason why people want to make a year in cryptocurrency because of the market volatility but recently due to the market down most of the time is only a small percentage for the price movement else you will make a large margin and leverage to gain profit which is for me not ideal thing
when the market is bearish like this it is very risky for scalping, of course the market will be very volatile,
maybe that's why the OP doesn't give an image about his trade,
many traders have also been liquidated because many chose Long and finally all support broken.


Title: Re: 1-5 min scalping on binance is it worth it
Post by: Silberman on August 20, 2022, 04:19:05 AM
I guess OP forgot to update about the statement sending an image of the trade made well by the way this is the reason why people want to make a year in cryptocurrency because of the market volatility but recently due to the market down most of the time is only a small percentage for the price movement else you will make a large margin and leverage to gain profit which is for me not ideal thing
when the market is bearish like this it is very risky for scalping, of course the market will be very volatile,
maybe that's why the OP doesn't give an image about his trade,
many traders have also been liquidated because many chose Long and finally all support broken.
Exactly, the current downward movement that bitcoin is experimenting is probably not too much of a problem for those which are just holding their coins or which are spot trading, but if anyone is using leverage in order to trade then the current movement without a doubt caused them to lose a significant amount of money and maybe they even got a margin call because of it, and the ones that are probably suffering the most because of the current downtrend are those which specialize in trading the market at the shortest time frames like the scalpers.