richcorner100
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https://exip.live/
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May 30, 2021, 11:25:40 AM |
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For scalping in cryptocurrencies, we can do it on the leverage trading so that we can earn profit from long and short, just like on forex trading. There are many platform of trading futures like Bitmax, Binance, Huobi, Okex etc. But if you want to trade forex and cryptocurrencies at one platform, we can trade it on the Metatrader4 because many forex broker offer pair of crypto, like FX open, which the crypto pair there open 24/7. In this broker also available others asset to trade, like USA stocks, commodity and other
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santiPOGI
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May 30, 2021, 12:29:13 PM |
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Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.
For me scalping is good for the experts only but not applicable for the newbie who doesn't have any idea or knowledge about here in cryptocurrency. Though, through scalping we can really able to earn fast if we do it properly and no mistakes. But if not, you could also be rekt in the end for sure. You must be aware of the disadvantage of scalping and do not look for the positive side only.
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gabbie2010
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May 30, 2021, 03:27:13 PM |
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Of course, scalping in cryptocurrencies is not much different from scalping in forex. The main difference is that you have to focus on slightly different indicators and trend lines. However, in general, cryptocurrency is even more volatile than the stock markets, which means it can be scalped more actively due to the great opportunities.
I use to scalp on 5 minute timeframe using cross margin via Binance I spent maximum of 3 hours per trade using RSI and Moving Average indicator+ trendlines though I am still practicing with a small amount of fund once I was able to grasp the whole strategy I will increase my portfolio however I tried to scalp with a 1 minute time frame I couldn't cope due the high volatility of the price I think it would be quite difficult and tasking to scalp using that timeframe I don't know if Bot would be able to work with that timeframe unlike forex trading where the price though has volatility too but not as high as that of cryptocurrencies
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blockman
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May 30, 2021, 03:49:39 PM |
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For me scalping is good for the experts only but not applicable for the newbie who doesn't have any idea or knowledge about here in cryptocurrency. Though, through scalping we can really able to earn fast if we do it properly and no mistakes. But if not, you could also be rekt in the end for sure. You must be aware of the disadvantage of scalping and do not look for the positive side only.
It won't be for newbie anymore if that newbie gains experience as he do scalping. It's not really for the newbies because all they know is that trading is easy and can be learned overnight. And that's a wrong mindset and belief because it takes time and patience before they'll manage to earn good amount through scalping. As long as it's on spot trading, they can learn it through time but it won't be that easy if they won't have experience including the possible losses that they may incur. But with that, they'll gain knowledge too aside from the experiences.
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dunfida
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May 30, 2021, 06:59:28 PM |
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For me scalping is good for the experts only but not applicable for the newbie who doesn't have any idea or knowledge about here in cryptocurrency. Though, through scalping we can really able to earn fast if we do it properly and no mistakes. But if not, you could also be rekt in the end for sure. You must be aware of the disadvantage of scalping and do not look for the positive side only.
It won't be for newbie anymore if that newbie gains experience as he do scalping. It's not really for the newbies because all they know is that trading is easy and can be learned overnight. And that's a wrong mindset and belief because it takes time and patience before they'll manage to earn good amount through scalping. As long as it's on spot trading, they can learn it through time but it won't be that easy if they won't have experience including the possible losses that they may incur. But with that, they'll gain knowledge too aside from the experiences. Better to skip out first on doing scalping when you are still a newbie because this is something that noobs cant deal off since this would be talking about dealing with active price movement. Try to familiarize and gain experience through spot swing trades before tending to scalp because this is way more riskier.When it comes to relevance of scalping then it is somehow working as of this moment but not 100% precise to predict on unlike before where TA analysis arent really somewhat followed by price but now it seems it do changed a bit but not really that on precise manner which is understandable.
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Mpamaegbu
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Once a man, twice a child!
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May 30, 2021, 07:51:16 PM |
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Of course, scalping is highly possible. Even from your description in the OP, you're already doing it. So, why do you still doubt it? I trade but I'm more of a swinger. The issue you're going to have with scalping is that you will constantly have to be on your app or system monitoring trades. It takes more of your time than day trading or swing trading. Another defect is that a lot of bots are structured to also trade the way you trade. Once an order doesn't get quickly filled to hit a TP, it could easily revert to take one out by hitting the SL nor continue to run in loss. It will be a better choice to go into swing trading if I were you.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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DarkDays
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May 30, 2021, 09:27:34 PM |
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Of course, scalping is highly possible. Even from your description in the OP, you're already doing it. So, why do you still doubt it? I trade but I'm more of a swinger. The issue you're going to have with scalping is that you will constantly have to be on your app or system monitoring trades.
Similar to other trading strategies scalping requires you to be on it 24/7. The more time you spend researching, putting your trades in and getting them out at the right time the higher the chance of minimising risk and increasing your rewards. Scalping is both valuable and applicable to crypto, it is just a matter of finding a platform (Binance usually works well) and getting going. It is a little more stressful but it can be done.
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blockman
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May 30, 2021, 11:06:04 PM |
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For me scalping is good for the experts only but not applicable for the newbie who doesn't have any idea or knowledge about here in cryptocurrency. Though, through scalping we can really able to earn fast if we do it properly and no mistakes. But if not, you could also be rekt in the end for sure. You must be aware of the disadvantage of scalping and do not look for the positive side only.
It won't be for newbie anymore if that newbie gains experience as he do scalping. It's not really for the newbies because all they know is that trading is easy and can be learned overnight. And that's a wrong mindset and belief because it takes time and patience before they'll manage to earn good amount through scalping. As long as it's on spot trading, they can learn it through time but it won't be that easy if they won't have experience including the possible losses that they may incur. But with that, they'll gain knowledge too aside from the experiences. Better to skip out first on doing scalping when you are still a newbie because this is something that noobs cant deal off since this would be talking about dealing with active price movement. Try to familiarize and gain experience through spot swing trades before tending to scalp because this is way more riskier.When it comes to relevance of scalping then it is somehow working as of this moment but not 100% precise to predict on unlike before where TA analysis arent really somewhat followed by price but now it seems it do changed a bit but not really that on precise manner which is understandable. They will not be able to contain the emotion if they do scalping and if they're targeting a certain amount within the day. There were experts that can do this everyday and I personally know someone who does this and it's already a career to him. But even though he's really a good trader and scalper, sometimes he's losing $2000 within a day and he's able to recover that within a month. While the rest of his trades are profiting around $200-$1000 a day. And with that amount and capital, newbies really can't bear the risk losing that amount within a day or in split seconds.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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May 31, 2021, 04:57:10 AM |
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Of course, scalping is highly possible. Even from your description in the OP, you're already doing it. So, why do you still doubt it? I trade but I'm more of a swinger. The issue you're going to have with scalping is that you will constantly have to be on your app or system monitoring trades.
Similar to other trading strategies scalping requires you to be on it 24/7. The more time you spend researching, putting your trades in and getting them out at the right time the higher the chance of minimising risk and increasing your rewards. Scalping is both valuable and applicable to crypto, it is just a matter of finding a platform (Binance usually works well) and getting going. It is a little more stressful but it can be done. Correct! scalping might have more stress as you keeps on playing with timing, the more you engaged the more you needed to keep your eyes inside the exchange to call and take your opportunities. It's usually been used by experienced traders who deal with kind of trading strategy for longer time frame, they managed to understand the possibilities and they taking the edge out of it. Decision making is very crucial each time you take your place, always do your DYOR before hand.
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poodle63
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May 31, 2021, 10:22:40 AM |
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Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.
For me scalping is good for the experts only but not applicable for the newbie who doesn't have any idea or knowledge about here in cryptocurrency. Though, through scalping we can really able to earn fast if we do it properly and no mistakes. But if not, you could also be rekt in the end for sure. You must be aware of the disadvantage of scalping and do not look for the positive side only. I do agree, its just really dangerous when we can't really see how far the dip gonna go same to the pump as well, scalping in crypto is basically making frequent small profit with big risks i would just prefer to hold instead of scalping due to the stress as well but I heard there is bot that allows scalping without us need to monitor 24/7 though we need to configure it at the beginning. I'm curious if such bot could somehow make decision based on technical analysis or not. I heard many people uses bot but never actually got more detailed information so I'm curious and it's different than the usual rather less intelligence trading bot.
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AakZaki
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zknodes.org
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May 31, 2021, 03:26:01 PM |
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for those who are experienced in trading, scalping techniques are perfect for those who want to get results quickly but can be done many times in a short time. but for beginners scalping is not an easy way, because they must be accustomed to receiving profits and not being greedy, and must be able to accept losses if the analysis is wrong. it sounds simple enough, but not necessarily everyone can accept loss with discipline
Indeed, there are several kinds of trading techniques. Some people say I know scalping techniques. But if I observe this and I do all the trading techniques everyone can master. It's just a matter of wanting to learn. Because of some of the trading techniques I did, this resulted. One major factor, is the control of soul and emotion. If you have mastered this, I think you will not regret it excessively. So the key is to keep learning.
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wahyu wida
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June 04, 2021, 06:41:20 AM |
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for those who are experienced in trading, scalping techniques are perfect for those who want to get results quickly but can be done many times in a short time. but for beginners scalping is not an easy way, because they must be accustomed to receiving profits and not being greedy, and must be able to accept losses if the analysis is wrong. it sounds simple enough, but not necessarily everyone can accept loss with discipline
Indeed, there are several kinds of trading techniques. Some people say I know scalping techniques. But if I observe this and I do all the trading techniques everyone can master. It's just a matter of wanting to learn. Because of some of the trading techniques I did, this resulted. One major factor, is the control of soul and emotion. If you have mastered this, I think you will not regret it excessively. So the key is to keep learning. psychology is really needed in trading. especially for scalping which requires a high level of discipline. indeed this can be trained, and must increase trading hours, because intuition will be formed as we enrich the experience. but I think this technique is not suitable for beginners
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BuNga_cute
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June 04, 2021, 10:43:13 AM |
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If you are going to do scalping, make sure that you are actively monitoring the market, you should also have good enough capital before you do that and make sure that the platform that you are going to use has fewer transaction fees, do scalping if you already great with trading and you already have enough knowledge and experience in trading but for the beginners, we should still prefer holding, this is safer and not too complicated.
Scalping is a way for traders to profit from taking advantage of the volatile crypto market. But scalping has a very high risk, it is not recommended for newbies to do it. I agree that scalping is too complicated for a newbie to understand, only experienced and well-analyzed people can do it. Moreover, to be able to maximize profits from scalping, we have to spend a lot of time monitoring price movements in the market. So the conclusion is that it is not easy to make profit from scalping, I myself have been in the crypto world for a long time, strongly do not recommend doing scalping, it is safer to just hold the coins that we consider potential.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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June 04, 2021, 03:40:13 PM |
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Here's something I don't tell a lot of people. Every time I get USDT and I want to sell it, I always put a limit order sell, for a price just a few points off the current one.
It has always hit. So I try to sell for a higher price to cover my fees of exchange and withdraw. Always works. Takes time.
Imagine scalpers doing this every day constantly across exchanges.
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rhomelmabini
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June 04, 2021, 04:03:52 PM |
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It is indeed applicable to crypto too and the good thing is you don't have to worry when to start since crypto is 24/7 open compare to forex, stocks and options. Since we are talking about crypto scalping it best if you don't leave anything in the highly volatile coins the moment you are finished as it might be drained or liquidated.
I think you'll catch in no time because there's not much of a difference to trade it and the good thing is that you can set up an account in minutes or even hours with just minimal KYC especially to some centralized exchange (e.g. Binance, OKEX etc.)
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CapGelatik
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Activity: 1064
Merit: 100
Combo Network
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June 04, 2021, 06:19:14 PM |
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Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.
if you want scalping in the crypto world you must use futures trading, because there the liquidity is very high compared to the spot market, in the spot market you can also scalping, but scalping in the spot market cannot be done continuously, because the price depends on demand
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lepbagong
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Reward: 10M Sheen (Approx. 5000 BNB) Bounty
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June 11, 2021, 10:46:54 AM |
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Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.
if you want scalping in the crypto world you must use futures trading, because there the liquidity is very high compared to the spot market, in the spot market you can also scalping, but scalping in the spot market cannot be done continuously, because the price depends on demand Of course you need proper and very reliable analysis if you want to do scalping, if you look at the fact that you are already used to it, it is clear that it can be done well. it is true that our colleague said it is better to look for very high liquidity because it is clearly more promising. but myself compared to scalping, I prefer daily trading even though it looks almost the same but I am more accustomed to daily trading than scalping, again it all depends on the habits that have been done, the most important thing is profit even though scalping may be more promising.
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Benefactor
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June 11, 2021, 03:47:50 PM |
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Scalping can be feasible in exchanging if the sum you use in exchanging is actually quite enormous to such an extent that even your benefit is a decent aggregate. In the event that you anyway exchange with little limited quantity of cash, scalping probably won't be an entirely practical strategy to make great benefit. The vast majority of us don't actually like scalping exchanging. to be straightforward it is difficult. we are more agreeable to exchange with any longer spans.
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newdevices
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June 11, 2021, 10:44:09 PM |
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Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.
in the world of crypto scalping is very practical, and very easy to apply, but indeed technical analysis only works 60%, the rest is about news, FOMO and FUD, if you can read technical analysis of course why not try it?, try it, you can trade on good exchanges like Binance or Bitfinex, there you will be comfortable to trade
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stomachgrowls
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June 11, 2021, 10:58:34 PM |
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Hello Everyone. I currently trade on Foreign Exchange Market and my preferred style is always "Scalping" which involves fast execution, and gaining advantage from short price changes.Thus, I highly rely on technical analysis rather than fundamental. I just want to know if scalping is practical in the crypto world.
in the world of crypto scalping is very practical, and very easy to apply, but indeed technical analysis only works 60%, the rest is about news, FOMO and FUD, if you can read technical analysis of course why not try it?, try it, you can trade on good exchanges like Binance or Bitfinex, there you will be comfortable to trade 60% or less but having technicals is just a better choice or tools that be used rather than guessing price directions without any basis because that is just simply talking about gambling. Thing here is that it is way too stressful since price swings here on crypto isnt similar that you can find on forex or stocks where movements are way too minimal.You should change up in terms of stop loss and take profits tools into higher extent. Its hard but not impossible for you to make money if you do just know on how to play with those movements.Profitability will always vary on someones skills and experience.
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