1-5 min scalping on binance is it worth it

[AakZaki]

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.

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[seleme]

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.

[freedomgo]

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.

[edgycorner]

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).

[OracleEasy]

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 

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/

[Ziskinberg]

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 

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.

[sklopan]

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.

[adaseb]

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.

[gunhell16]

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 

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.

[traderethereum]

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 

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.

[Adbitco]

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.

[Rufsilf]

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.

[niceli]

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.

[0verseer]

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.

[gunhell16]

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 

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.

[Silberman]

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.

[yhiaali3]

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.

[Oshosondy]

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.

[TimeTeller]

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.

[rozak]

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.