how do you catch your deals as a scalper?

[crwth]

Usually, I do grid trading, if anyone is familiar. This is when you put multiple buy orders and sell orders at a certain price distance with the current price. It's a great way to trade because you wouldn't have to worry too much about predicting the market direction, and you could continuously average down or take profit trade. It works with a small timeframe and would be ideal if you have an outstanding balance as well.

I do this automatically with Gunbot, so it's not that tiring and wouldn't take too much of my time. I monitor it from time to time to make sure that it's operating the right way.

[GeorgeJohn]

Scalping is one of the quick ways of making fast money in the trading world. Scalpers take trades in minutes and make profits or loses in a minimized way, except when big lot sizes are used. A scalping strategy is determined by the kind of asset one is trading be it currency, Bond, commodity, Crypto etc.

There is no 100% trading strategy which is the reason why what works for one may not work for another. Sometimes one may not be patient enough to acquire or learn all the necessary things that is necessary for one to trade a particular market. This have really affected a lot of traders searching for the holy grail strategy that has no lapses.

[boumalo]

Have a sentiment on the market then :

-Go with the trend for a short profit
or
-Bet that it will go down to wash the x100 degen before it moves up or down
or
-Bet on a reversal for a bigger profit, the trade will likely start in the red

[richcorner100]

I think scalping on spot market is very hard to do because we only possible to gain profit from the increasing price. I see many trader doing scalping on leverage and futures trading, that allow to make profit from uptrend and downtrend. To make profit consistently from scalping is very hard, and less probability to success from it. Only trader with good psicology and good risk management can make it. Use of stop loss is should be in scalping to minimize loss.

[Ararbermas]

When it comes scalping there are some tools actually that become useful since candles in the chart were to difficult to read and etc.. And this is what i used for it.

Williams alligator
Bollinger
RSI
SAR
Stochastic
Supertrend
Macd

For me so far it's still good but sometimes i used to combine those indicators wherein to get the specific information when it comes to trade even the chart of coin were unpredictable..

[ubercool]

I'm not a big fan of scalping but I do it when I know something is bound to happen. Like right now, Bitcoin is going to get rejected at the 41000$ price or 42000$ price. So when it happens it'll be dumped back to below 40k$ price. If it crosses strongly then it'll go towards 45k$.

[boumalo]

I'm not a big fan of scalping but I do it when I know something is bound to happen. Like right now, Bitcoin is going to get rejected at the 41000$ price or 42000$ price. So when it happens it'll be dumped back to below 40k$ price. If it crosses strongly then it'll go towards 45k$.

Seemed obvious to you too ? I was hearing many traders waiting 49k or higher.

For me, it was more based on a general negative sentiment on the market, that we did not suffer enough and that there was a lack of new cash coming to buy.

[ipanks]

I'm not a big fan of scalping but I do it when I know something is bound to happen. Like right now, Bitcoin is going to get rejected at the 41000$ price or 42000$ price. So when it happens it'll be dumped back to below 40k$ price. If it crosses strongly then it'll go towards 45k$.

But the price will not move so fast unless good news happens and makes the price up after traders read the news.

It is not easy to use scalping as we need to check how far the price will moves, which is difficult to know. Maybe we can trade with fast following the price movements, but you do not need to follow the price if you think that the price already moves faster than before.

I prefer daily trading or check for the price move before trading so we know that it is good to trade or wait for more.

If you think your strategy is good and you can profit from that, you can continue doing scalping trading. However, if you learn the other method of scalping trading, you need to know that maybe you need to modify the strategy to work for you.

[Lanatsa]

When you are a scalper then it doesn't really matter on what trend you've been playing with the price movement and heck this is I truly believe the most hardest part
of trading since you would really be need to be active as much as possible and don't miss out the right timing on pulling off profits.

Indicators I mostly used.
1.Support and Resistance
2.Moving Average
3.RSI
4.MACD
5.Waiting for Bias on other timeframes

You should really be attentive most of the times if you don't want to miss out chances.