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[Ararbermas]

No doubt scalping was one of the good tools in trading, however, this is not good for the newbie or others don't have knowledge about in trading, it is not advisable to apply, in short, its not that easy to do it. Skills is required to this things of course, Even me I most often did to choose spot trading and very seldom to do scalping, due to its not easy to understand that's the truth.

scalping is a very common indicators in trading and very useful, but on this situation it requires more efforts before you can apply it. wherein you need to take time and make hard TA first in order to locate the real candle to begin scalping as well. especially if you are in a coin that so volatile because it's not easy to trust .. For me nowadays it will work but just for a quick profits. And i suggest to don't rely in it despite of the situation because most of the growth rate nowadays showing false sign when you're using indicators..

[michellee]

Did you make decent money doing this though?  But is scalping still possible nowadays if you have access to many exchanges?

I suggest you use one exchange to scalping trade because that will not confuse the analysis of the coin movements. If you use many exchanges to trade, that would be called arbitrage trading, which is more difficult than the scalping trade. Scalping trade itself has its difficulty and not many traders can do that.

You need to have skills to analyze the coin movement because when the price can move fast up and down in a time frame such as one or two hours, you can use buy low and sell high. Otherwise, you can just buy and hold. Nowadays, scalping trade is still possible because I see some coins can move fast up and down so you can expect to make a profit, but the profit will vary every time you trade. Many things you need to prepare before you scalping trade.

[CryptocurencyKing]

Often, a scalper, trading on short intervals, has practically no spare money in his account to extinguish such sharp market jumps that occur in the wrong direction in which they need to.

Yes! This is why most persons results to scalping for a trading technique or strategy. Its a short interval trading which is more time, energy and resource consuming. Yes, you might have the free time to be at rest yourself in a way but in other way, youraways tempted to also go in the market to pick a few more pips. It makes you money hungry because, you never get so much no matter how much you get though, it depends largely on what you entered the market with but then, you always feel there is an opportunity your missing by not being in or watching the market with every passing time. It might be safe but still, its got flaws and a lot of it too.

[LUCKMCFLY]

But another question is that not everyone can be a trader. It doesn't matter, spot trading, scalping, medium-term or any type of trading.

Yes, the first advice for someone wanting to day trade is to reconsider.

To succeed you need to want it a lot, you need to be smart, to learn money management then avoid a lot of pitfalls, find reliable strategies and stick to it without emotion. If you have fun trading, you are not doing it right.

I agree with you, I think that if you do trading, it should not be taken that way because it would be to enter trading as Gambling and if we see it as Gambling it is very likely to lose quickly.It is always good to do a very deep technical analysis for scalping, from what I understand to see the profitability in scalping is to bet a lot of money, they are very fast operations but you get fast results, here adrenaline and action are put to the test of sticking to the devised plan. So far I have not felt capable of scalping, I really see it very difficult, I do not have that much ability to react quickly.

[maxreish]

I remember those times where I do some scalping, then switch to margin trading then I realized its not my thing so Ive sticked with long term trading. Now, I have minimal time to focus on charts, indicatoes and signals so it suited me to just become a long term trader.

However, those were the days that gives me so many knowledge because I continue to learn some tools that helps me grow as scalper.

[Lakai01]

I remember those times where I do some scalping, then switch to margin trading then I realized its not my thing so Ive sticked with long term trading. Now, I have minimal time to focus on charts, indicatoes and signals so it suited me to just become a long term trader.

What do you mean by "long term trader"? Buy once and sell again after 10 years? So a Hodler?

My experience here is quite identical, also traded for a long time, but now I unfortunately lack the time. Especially intra-day trading is very time consuming and next to a 9-5 job almost not feasible. In addition, here in my country the regulations regarding crypto taxes have been tightened significantly, making many small and fast trades completely uninteresting.

[GreenHash]

Good Post. 


Thank you for clarifying your experience and contributing it to us.

[horrifiedx1]

the smaller the time frame that we do to transact, the more difficult it is to do analysis, as is scalping, which not everyone can survive here. I personally am still learning to do scalping, because I am aggressive in trading. although all theory has been studied, but in practice it often fails, for now I can maintain capital every month has become a good target

[boumalo]

Buy 100 with a market order
Pay a -0,00075% taker fee of 0,075
Set a limit order at 100,075
If it is filled, you make 0,075 that offsets the taker fee you paid when you placed your first order

You also earn a maker fee of 0,00025% so +0.0250001875 in my example and your total profit is +0.0250001875

[Aliceooo78]

OP, I'm not a trader so I'm not competing with you for trades--therefore, I wish you luck with whatever strategy you employ.  I had heard of scalping on this forum over the years but never really understood what people were talking about (precisely because I'm not a trader and thus don't pay attention to the details).  Thanks for your very detailed post, I liked reading it.

And this:

Many novice traders, when they earn 2-3 months on the crypto market, then start running around the Internet and yelling that they have found a way to earn 100%, they start sharing their strategies, their signals. They've been trading profitably for several months now, so they understand this business?

You're on the money about that--not only about trading, but almost everything else.  I've seen so many Youtube videos made by males who have to be in their early 20s talking about trading, economics, and various life issues that I can tell they know nothing about because they haven't lived long enough to learn all there is to know about whatever it is they're blabbing on about.  It drives me nuts, because they're the ones usually making bank by churning out such videos.

Good luck in your future trading, OP.

I used to be a scalper, and I saw the content of this post and reply, which completely described my life.

1. Sudden unearned gains, I am excited, I am an expert, I got the wealth code, drink and sing, because I have money, but I don’t know it is lucky. I want to tell the world, follow me, I can take you to fly together.

2. Without an objective analysis, my guts began to expand. I used to hold the spot, but now I want to increase my bargaining chips (I am like a gambler).

3. I started not sleeping every day. I lost my job and family. Sometimes I knew that I should let go, but the hand on the phone did not follow the instructions of the brain, and my eyes stopped blinking.

4. My body is very honest. I fell asleep and was suddenly awakened again. I was worried that I could not find my phone and there were bloodshot eyes in my eyes.

5. This state lasted for half a year, and my result was a mental breakdown, and I suffered from a severe self-consciousness phobia.

6. My principal is flying, my friends no longer believe me, I am lonely, and I slowly enter a normal state by relying on drugs. From the beginning of 2021, I completely leave the exchange. After I hit the wall, I saw my head broke and I knew who i was.

I'm lucky, I know, my knowledge in the cryptocurrency industry is pitiful. When you find the shortcut to success, I have entered the vortex of failure. You figured it out from the beginning. This is impossible. You have to pay the price. If I did not have the experience of scalping, I would not have the current knowledge, even if you told me the result, I would not have the complete knowledge. This is the way I must go.
I want to say, stay away from exchanges, stay away from short-term trading, stay away from greed, and find your own psychologist regularly (the doctor told me that 9 out of 10 people are mentally unhealthy). What then? Study, study, study-hold for a long time, and be optimistic about your wallet.

[Aliceooo78]

5. This state lasted for half a year, and my result was a mental breakdown, and I suffered from a severe self-consciousness phobia.

Well, that really explains a lot. Now there are fewer questions for me.

If I did not have the experience of scalping, I would not have the current knowledge, even if you told me the result, I would not have the complete knowledge. This is the way I must go.
I want to say, stay away from exchanges, stay away from short-term trading, stay away from greed, and find your own psychologist regularly (the doctor told me that 9 out of 10 people are mentally unhealthy). What then? Study, study, study-hold for a long time, and be optimistic about your wallet.

Yes, day trading has its advantages, of course. Skills are beginning to be developed that will help in the further crypto journey.

What is your problem, has it become less? I saw your article on the Economic Board-Reputation. I don’t know what you think about going out. You are a forum member who is willing to help newcomers. When others apply, you won’t read their posts. Is it spam? I will appeal. This forum is very centralized. Not only do I feel that the people on the forum are losing, but I also feel that this forum is seriously gang-colored. I would like to ask if I have done anything to harm others. ? Am I full of spam? I don’t want to argue with you anymore. I think this is a waste of each other’s time. I used a sentence in the forum and I will give it to you. Leo Tolstoy said, no matter how great a writer, he wrote it. The article is also one-sided。

Here, I do not interfere with the freedom of others, nor do I want to be framed by others. I have the final say on the time and scope of my activities. I did not participate in the farm, let alone the military. I just had some feelings in the forum, and now I am very angry because of you. Did you kill 1,000 people by mistake and never let a bad guy go? I also read some people's posts carefully, the quality is still relatively high, and there is no spam. I am a newcomer and I want to get meritorious services. There is nothing wrong with this. Many newcomer meritorious names are very eye-catching. For example, KAGGIE, he won a total of 200 merits, the pharmacist gave him 49, accounting for 24.5% of the total number, I don't care, I don't doubt whether there is any connection between them, I only look at the content of the post. I also see that you will give out merits in an average of 7-8 seconds. I want to know if you have finished reading the article? You are more active in the Russian sector, do you have your own army there? Do you have your own farm? Do you have your own fans? Do you have anyone you meet frequently in the forum? Are you sticking to the principles? Do you make people feel fair? If you comply, are you a robot?






I walked out of a quagmire, you dragged me into another puddle, I am just me, I don’t want to be attached to others, and I don’t want to be controlled by others, I am not as capable as you, so I am currently making some simple replies. When I make friends in the forum, I feel that there is a big gap between me and many members. I will naturally find someone who is about the same level as me. We grow up together. This is human nature. You showed me a Berlin Wall.

[9thsky]

Did you have a daily income (net profit) goal?
%1 of $1,000 is $10. There is +/- %1 volitility everyday. One 10k trade a day would net you $100 a day. 2 times = $200...and so on.

What is your thought on that?

[Sweetbtc]

Scalping is very good for short profit. I think scalping is profitable in bearish cycle. But its risky too. I lose 20% in scalping. I used solana and Dego for scalping m they both are volatile coins. I made 100$+ easily.
I also hold some coin which i can expect 2×

[Wawa2013]

Scalping is very good for short profit. I think scalping is profitable in bearish cycle. But its risky too. I lose 20% in scalping. I used solana and Dego for scalping m they both are volatile coins. I made 100$+ easily.
I also hold some coin which i can expect 2×

Scalping trading is indeed way to generate profits in a short time, but not everyone can be successful when doing scalping trading. It takes knowledge
and skills to be able to do the analysis correctly, so we can choose the right coins for scalping. Because not all coins are suitable for scalping, even if
we are not careful, scalping trading can cause us to experience considerable losses. So I suggest that newbies don't do scalping trading, because
newbies don't have the knowledge and skills to analyze the market. Experience is also very useful to be able to succeed in making profits from
scalping trading.

[Aliceooo78]

At times like this, I regret not opening self-moderated topics. How does this shitpost relate to scalping theme? Do not litter my topic with a stupid flood.

It really doesn't matter. I didn't expect your attitude to be so irritable. You deserve to be from a fighting nation, but you are not Putin (my favorite person, none of them). Is it because I have a relationship with this matter? I don't want to say anything. I know that if I were you and I encountered such a problem, I would also have the anger of being deceived. But you can't help but judge yourself. If the same thing happens in daily trading, you will definitely lose a lot.

[checkmatesir]

It is good enough but i want to say one thing about the beginners that they didn't have that much of knowledge and they didn't know much about trading strategy so they can't wait for a long term coins and , probably they will sell it and not having that much patience, and probably make a loss.

[barbara44]

I am able to understand this, it’s not always easy to be a trader and doing scalp trading. This led me to have reduced the length of time I do spend in trading these days. I have decided to do other things that will earn me money and ease me the stress that I have to go through while trading.

Sometimes I even do copy trading to ease the stress. And now I focus on other jobs I have to do that wouldn’t take much of time and keep worried, jobs that are not that risky. Too much of all these stress can really affect us later on, which is why it’s important to try and avoid it. Sure I did it (passed through the stress) till I was able to raise some good amount of money, and then I went back to Hodling, and also trying out other things that I can do as well to keep growing.