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November 28, 2013, 08:49:22 PM |
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I have been toying with scalping, which I define as quick 30 second trades that scalp for $20-$50-$100 or so.
These would be trades where you sit in front of your computer during the whole process.
In techno speak, you would be hitting the bid and the ask for quick scalps, acting as market maker. Commissions are so low, that I'm surprised people aren't making market already. It's akin to being a floor trader.
This wouldn't hurt bitcoin since it would just be infusing volume, and not far enough to introduce volatility.
I was thinking of releasing an indicator, but I'm not sure if it's something people do, or are interested in.
I have been doing some for fun, mainly I would like some feedback on what experiences have been doing it.
Thanks for any feedback!
: )
cj
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