Scalping, my best trading strategy

[odunybiz]

As crypto trading may be difficult if ones doesn't understand the technical analysis in trading cryptocurrency. Scalping may be a good option for traders with little crypto trading experience. Now, what is scalping?
Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market



This is my best method of trading and I have been making successful trades with this method.

NOTE: This isn't a financial advice.

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

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[_act_]

Move this thread to trading discussion.

Scalping may be a good option for traders with little crypto trading experience.

Then what should be called gambling while trading? Traders needs to be professional and make accurate analyses.

Scalping comes with low risk when compared to day trading.

But they are still both risky, especially in a very volatile market. Riskier while trading altcoins.

[blue_hurricanger]

Day trading/ scalping every day is risky as hell, dude. Not recommend anyone into the thing unless you have really a lot of money to make less than .1% gain to be considered as a nice profit, scale with your big fund. No chart, candle pattern, or technical analysis from the normal point of view to save you.

The crypto market is tricky and unpredictable unless there are events like the Having or the Merge or any things similar where we can spectacular around it with high probability. You can not apply normal stock knowledge and expect a decent gain every time.

[tranthidung]

If you can identify a price channel, you can use scalping well.

However, you should identify that it is a good period for price to move within a channel. You should avoid times when the market is moving closely to a changing point. Either it moves up or moves down dramatically at that point, you will get a loss (if it falls dramatically). You should avoid such times and don't hope that price will break out upside and brings profit to you. It's risky.

[blockman]

Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

True.
If scalping works perfectly to you then stay to it and be more consistent. Whilst for the others, this may not fit them as they are more patient and could wait a little bit longer before taking a profit. It also depends on the timing in the market if you're intending to scalp but then due to the market situation, you're required to wait more and that's where it's leading you to wait longer.

[Eternad]

Provide your trading result so that your records will proved that this strategy is best for you. Most of the user here know what is the general principle of scalping since it’s available on the internet while your post contains only personal opinion on how this method works.

It will be a great contribution in the forum if you can provide your actual output including your setup and result so that we can learn to your successful experience on using this strategy.

[Asiska02]

Scalping might be great for you and you find profit in it more than any other form of trading. Maybe because you are putting risk that is involved into consideration, that is why you are just inclined to it, which is a very good attribute of a trader. As a vast analyst or a more technical trader might see it, it is not profitable enough to put risk into consideration over a short time trading. You have to take more risk in order to become a better trader to earn more profits. The best strategy is not to focus just on one type of trade. Scalping is a good idea for a beginner. However, diversifying into different types of trading is very more important as time goes on.

[Mr. Magkaisa]

As crypto trading may be difficult if ones doesn't understand the technical analysis in trading cryptocurrency. Scalping may be a good option for traders with little crypto trading experience. Now, what is scalping?
Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market



This is my best method of trading and I have been making successful trades with this method.

NOTE: This isn't a financial advice.

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

-  A sorry friend and I will contradict what you said that scalping is less risky compared to day trading. You are wrong in this matter because first of all, they have the same risk, but when it comes to the level stage of risk for me it is high in scalping. Why? because if you don't follow its movement in its chart graph in the exchange, you will definitely lose a lot of your assets.

Unlike day trading, at least, even if you don't go along with its movement, you can still make money, as long as you have a good set-up of buy and sell orders. Although you still need to analyze it in order to get a good income.

But, if you find scalping easy, it's better to stay there and focus hard on that method as a trader.

[Xampeuu]

As crypto trading may be difficult if ones doesn't understand the technical analysis in trading cryptocurrency. Scalping may be a good option for traders with little crypto trading experience. Now, what is scalping?
Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market



This is my best method of trading and I have been making successful trades with this method.

NOTE: This isn't a financial advice.

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

a good scalping strategy, you combine the reference support resistance with an oscillator indicator, and of course there will be many strategies to respond to each market with different conditions, but still in my opinion psychology is the most influential for launching that strategy, in my opinion Scalping is a short-term trading strategy that adopted by a trader to make a profit even though it is small but repeatedly the opportunities exist. this is caused by using a small time frame, so that in a day it can make several transactions, depending on the trading style of a scalper. but this technique is not easy, because it requires high discipline to carry out the analysis that has been made in the previous framework. On the other hand, mental resilience must also be maintained, for example the market is against or out of our framework then a cutloss needs to be executed, as in your picture of course one day the price will break, even though it sounds easy, but not everyone can do it. especially with wilder candle movements, of course it will spur our adrenaline.

[Oshosondy]

Scalping might be great for you and you find profit in it more than any other form of trading. Maybe because you are putting risk that is involved into consideration, that is why you are just inclined to it, which is a very good attribute of a trader. As a vast analyst or a more technical trader might see it, it is not profitable enough to put risk into consideration over a short time trading. You have to take more risk in order to become a better trader to earn more profits. The best strategy is not to focus just on one type of trade. Scalping is a good idea for a beginner. However, diversifying into different types of trading is very more important as time goes on.

Scalping is not for beginner traders too, any slight mistake could result to loss. It is possible that the price the position is opened may not be riched again and money liquidation is possible. Scalpers also risk more than day traders, they believe in just little price movement, the reason they risk more. I am not saying scalpers should use more than what they can afford to lose.

Either someone is a day trader or a scalper, there would be preference. But some traders can still believe in their analyses and that the market would turned back for good into their direction and that they will later make profit. Such scalpers risk less, have very low leverage and they can turn a position opened which they want to scalp before, but turned into day trading.

If a trader want to diversify, he should hodl.

[palle11]

Scalping comes with low risk when compared to day trading.

I don't believe this is exactly the real or idea feeling. Scalping is not a low risk trading strategy. Just like day trading, swing are all risky. For a scalper who wants to quickly take scalping profit can be hooked and so it is also risky and not low risk
.

Scalping is best done in a ranging market.

I agree so because ranging market is slower in volatility and that is good for scalping

Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

Sticking with what works is a good way to trade, don't change a winning strategy.

[The Cryptovator]

I think you are talking about taking advantage of the pump and dump. Short-time trading and taking advantage of the price of normal up and normal down is called day trading. Scalping is riskier than day trading. I have seen some Telegram signal groups give signals for Scalping. From there I noticed some people become gainers and some people lost money. So for beginners, I do not prefer Scalping. Even I do not follow slapping I just like normal trip old for short time get profit and take out money.

[imamusma]

Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market

Scalping is similar to day trading, but certainly not the same. Scalping can be done in minutes to several hours while day trading can take up to a whole day and traders usually do it every day. From the level of risk scalpers are those who are faced with high risk because the capital they have tends to be higher, the reason is that it is not done every day so maximizing opportunities is the main goal.

There are two things I disagree with in your statement.
1. Scalping risk is lower than day trading.
2. Do it every day.

Maybe you can do it every day, but I believe you have to be smart enough to find high volatility assets with technical analysis. The risk is much greater if you are actually playing with non-potential assets between the pump and the dump.

[abel1337]

As crypto trading may be difficult if ones doesn't understand the technical analysis in trading cryptocurrency. Scalping may be a good option for traders with little crypto trading experience. Now, what is scalping?
Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market

I don't think scalping is good for beginners. Sure they will understand how buy low sell high thing works but the accuracy of them profiting by short term trades is uncertain since most newbies can't read or make their own charts. Charts is for me effective even in doing scalping, it is nice to have a basis on trades even if it's on short term. I've been doing a scalping as my trading technique before and it drains me honestly. I prefer doing trades now on higher time frame since the profit there is bigger and it cost not much effort as scalping.

[Johnyz]

Scalping can be more risky than to trade longer since this is still trading.
Small profit everyday is good as long as you consistently follow that trading strategy. I agree that every trader should have their own techniques and strategy that can work with their own timeline. Trading can be more profitable as long as you remain discipline.

[Kelvinid]

Perhaps, scalping is a good strategy for some people especially those who really spend a lot of time on the computer. If you are already satisfied with the small amount like accumulating $100 profit a day, I would say that scalping is truly at its best during the bear season.

But anyways, it is how we choose what kind of strategy we followed in trading and it is very important that we know where we are able to excel and make ourselves comfortable. There are a lot of strategies and yet, not all of them will seem it work for us.

[GxSTxV]

You didn't mention that scalping also is the most dangerous and risky strategy for your capital because you will be using a big lot and amount of your capital in order to have a good daily profit. I have been scalping in forex for a very good period of time and i was risking too much. I couldn't really follow technical analysis due to volatility market

[BitcoinPanther]

I always do scalping whenever I see that there is a good gap between the buy order and sell order.  The only problem here is if we don't have bot, it would be a hard thing to compete against a bot that is programmed to scalp.  It is hard that way but it is still doable.  It would greatly help if scalping is done through bot program.

Scalping can be more risky than to trade longer since this is still trading.
Small profit everyday is good as long as you consistently follow that trading strategy. I agree that every trader should have their own techniques and strategy that can work with their own timeline. Trading can be more profitable as long as you remain discipline.

True scalping is risky especially when the market flow suddenly change and surge right after we sold our coins.  It rarely happens though since the market often times fluctuates in the same range when there is no news of FUD or HYPE around.

[goaldigger]

Perhaps, scalping is a good strategy for some people especially those who really spend a lot of time on the computer. If you are already satisfied with the small amount like accumulating $100 profit a day, I would say that scalping is truly at its best during the bear season.

But anyways, it is how we choose what kind of strategy we followed in trading and it is very important that we know where we are able to excel and make ourselves comfortable. There are a lot of strategies and yet, not all of them will seem it work for us.

That kind of profit everyday is very decent already, though it may took a lot of time but if you have more free time everyday, that can actually work for you. Having your own strategy as a trader is a big factor here, scalping might not still work if you trade disorganized. A lot of different approach and strategies that you can actually use in order for you to succeed, don’t be scare to try any because that’s for your own benefit.

[DoublerHunter]

Perhaps, scalping is a good strategy for some people especially those who really spend a lot of time on the computer. If you are already satisfied with the small amount like accumulating $100 profit a day, I would say that scalping is truly at its best during the bear season.

But anyways, it is how we choose what kind of strategy we followed in trading and it is very important that we know where we are able to excel and make ourselves comfortable. There are a lot of strategies and yet, not all of them will seem it work for us.

That kind of profit everyday is very decent already, though it may took a lot of time but if you have more free time everyday, that can actually work for you. Having your own strategy as a trader is a big factor here, scalping might not still work if you trade disorganized. A lot of different approach and strategies that you can actually use in order for you to succeed, don’t be scare to try any because that’s for your own benefit.

^Stragies!
That is right, but I will not follow my strategy once the result simultaneously losses, you can change it into another once it will not work.
Scalping is good when the market experienced a bear season, though day trading is very risky and this strategy will work on your side even though if you only profit a small portion but it has consistent results, that is fine. There is no trial and error in trading, everything involves money when you are there so, it is wise to say, gain knowledge first before you will go into actual trading.

[Oceat]

Just like what you said, every trader should have their own strategy and what works for you might not work for the others. So, it depends if they're gaining profit then it's working but when it's not giving any profit anymore and is keeping you lost then I think you don't have to stick with that kind of strategy anymore. Besides, scalping is not just the trading strategies that are present it just depends on someone if they have to try a different one although it takes some time to master it. Keep trading and keep practicing what strategy you will need someday.

[samcrypto]

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

What work to other might not work for you and this is why it's very important to have your own plan and strategies on how you approach the market. Many are just copying the strategy of others and most of them failed with their trades simply because they don't have any fundamental analysis on that strategy and they just copy it without understanding the risk of it. Scalping is good, if you have money and enough to create profit in just a short period of time or on a daily basis, scalping might be the best option for you.

[TelolettOm]

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

I really do agree with this conclusion. We cannot blame someone who is doing day trading/scalping / holding / or other techniques. As long as they enjoy it and also take profits from their own strategy, it is better than following their strategies and meeting no high profits, roght?
Scalping is not easy, that is why when I read your post and you said that you enjoy and get much money from it, I really appreciate. This needs special and good skill and ability to consdier and analyse the market very quickly. Because as we know that scalping also has very high risk. Once we are too late, we may lose much

[palle11]

If you can identify a price channel, you can use scalping well.

However, you should identify that it is a good period for price to move within a channel. You should avoid times when the market is moving closely to a changing point. Either it moves up or moves down dramatically at that point, you will get a loss (if it falls dramatically). You should avoid such times and don't hope that price will break out upside and brings profit to you. It's risky.

Those channels areas are called breakouts areas if I understand what you are saying and they are not advised for scalping because it gets volatility if the breaks are taken out. So I agree that such channels are to be avoided by scalpers. Trading is better done with indicators which gives better view of scalping position.

[AicecreaME]

Scalping or any kind of trading in cryptocurrency needs technical analysis, for you to maximize the profits you're looking to have every trade. Scalping is risky as well, and it's not suited for people that's indecisive, or having second thoughts always, because it is a type of trading that uses a very short timeframe to close a trade, if you hesitate to close trade, you'll lose couple or hundred of dollars depends on your leverage and how much did you put.

Scalping only has small profit every trade, but if you'll sum it up at the end of the day, the total profit is still good.

[ethereumhunter]

Scalping is another method in trading to make a profit but it needs to have enough skills to analyze fast what happens to the marker. If you are late analyzing the movements, you will buy or sell at the wrong price and lose the opportunity to make a profit. So, every trader must have their way of making a profit because we have different methods to earn money from trading. If @OP can do more with the scalping trade, that does not mean other people can do the same unless they have the skills to analyze.

[Peanutswar]

Well, it depends on the statement of the OP in the last part it will depend on the traders what time frame they want to commit trading is like part of the daily routine if you are not well in that particular day and not good to make a decision don't commit a trade always consider your feeling in trading because this might affect your decision making. If trading with a day trade it really takes a lot of time before execution to prepare. If you are a trader with a smaller time frame you need to make sure to ride with the market volatility.

[ShowOff]

most dangerous or not it depends on how you do it. If you do the scalping technique with the All in method without any money management it will be very dangerous, because fluctuations with low time frames will be faster. But if you have thought about what strategy you use and there is a share every time an order is placed, it will be safer. and most importantly there is risk management and stop loss to overcome the cut loss.
Everything has a way and most importantly your trading psychology must also be trained. Do not trade if you are not ready and fully aware of the methods you are using.

Tell him that DCA is very useful especially as an advanced option when the price trend changes rapidly. Scalping is not recommended for those who do not understand how to do analysis, especially technical analysis. Scalpers shouldn't just rely on the hype for quick profits, it's really a very risky move in my opinion.

As a trader and trading mentor for group members, I think you know a lot of things that can be used as references for novice traders. Trading strategies are useful, but having financial management and risk management is a must for each strategy.

[Silberman]

As crypto trading may be difficult if ones doesn't understand the technical analysis in trading cryptocurrency. Scalping may be a good option for traders with little crypto trading experience. Now, what is scalping?
Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market


This is my best method of trading and I have been making successful trades with this method.

NOTE: This isn't a financial advice.

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

If you are making money with this strategy then that is fine, however I will have to disagree with you that scalping is a good option for traders with very little experience, scalping is most often used in very short time frames, this means that your decision-making abilities have to be top-notch in order to perform your strategy as you should, and this is something that can only be done by traders which have a lot of experience already with their system, otherwise the chances you will make a mistake will be too high to be profitable while trading in this way.

[Mahanton]

As crypto trading may be difficult if ones doesn't understand the technical analysis in trading cryptocurrency. Scalping may be a good option for traders with little crypto trading experience. Now, what is scalping?
Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market

You have some illusory ideas about the most difficult type of trading, like scalping in particular and day trading in general. In trading, the shorter the timeframe, the greater the risk and the more difficult it is to make a profit at a distance. I agree that in the short term, scalping will bring profit much faster, because the wait between buying and selling is shorter. But this is on the example of one transaction, and if on the example of statistics, whether it be 6-12 months, then this type of trading leads to losses, because statistically you make many entries into the trades. And the more trades, the greater the risk for losing funds. This I think is understandable. Scalping is only suitable if you have a well-honed strategy with large collateral and good signals to enter/exit trades. As a rule, beginners do not have this, and therefore they lose money very quickly in scalping.

Scalping is indeed the hardest type of trading on which someone could able to make use because majority will really be sticking on that swing/trade or long term types which it is really just common sense that this would be the most easiest way to trade on.If someone do says that he could able to maintain and sustain on making profits with scalping then good for him/here yet this kind of method is something that anyone could pull on
and even myself had failed how many times on tending to make out some short trades or make out scalps on 5-15m timeframe which we could really say that dealing up with a short time with the market is very
challenging because volatility will really be your main opponent at the same time it would be your friend because it is the reason on why you do make money on it.

[dothebeats]

Scalping can leave you stuck in a position for a while if you don't want to take the losses. Unpredictability in crypto price movements make this strategy somewhat risky. Sure, you will only aim to take profits in a small window, but does the trade give you positive results, with the trading fee already accounted for? It's not as easy as it sounds. The trader also needs to account for other factors before considering to scalp. This works on high volume markets, but you have to make sure you are using a decent amount to trade to allow for a faster exit on price appreciation.

[BitcoinPanther]

Scalping can leave you stuck in a position for a while if you don't want to take the losses. Unpredictability in crypto price movements make this strategy somewhat risky. Sure, you will only aim to take profits in a small window, but does the trade give you positive results, with the trading fee already accounted for? It's not as easy as it sounds. The trader also needs to account for other factors before considering to scalp. This works on high volume markets, but you have to make sure you are using a decent amount to trade to allow for a faster exit on price appreciation.

AS far as I know there are different factors that renders scalping effective.  The high volatility, the high price gap between buy and sell orders and the knowledge of the traders.  Sure this kind of strategy is risky but all strategy have risk, even the long term holding is risky since everyone doesn't know the possible future of the market,  its only that the risk factor here is executed in short frame of time but I bet those who are familiar with this kind of trade can easily make a profit out of the market volatility.

[justdimin]

Scalping is another method in trading to make a profit but it needs to have enough skills to analyze fast what happens to the marker. If you are late analyzing the movements, you will buy or sell at the wrong price and lose the opportunity to make a profit. So, every trader must have their way of making a profit because we have different methods to earn money from trading. If @OP can do more with the scalping trade, that does not mean other people can do the same unless they have the skills to analyze.

The last sentence is the most important one. I agree that it is a great way of trading and making money if you know what you are doing, but if you do not know what you are doing then it is not going to be that much of a great thing.

Best thing about trading is that if you know what you are doing, then you could literally stay at home, in front of your PC, have fun and make a living out of it, the easiest but also most stressful job but definitely something people would prefer over their own job, because going to office is usually horrible, staying at home is amazing. On the other hand if we are talking about a newbie trader, this will definitely be something wrong and would take a long time to master.

[lalabotax]

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

What work to other might not work for you and this is why it's very important to have your own plan and strategies on how you approach the market.

Indeed, we can say that one strategy is wrong and others are true as long as we know how to deal with the strategy itself. This may be different if someone chooses one strategy in the crypto business without any knowledge and ability, only following the other people's decision without any DYOR.
Being a scalper in the crypto market is indeed very difficult I have done this and I failed because the decision-making must be at the right time. Commonly we are failed in deciding the time of transaction and also the time to take profits.
I do believe that the OP really has his own strategy for why he is abe to get profitable and successful doing scalping, with his own experience, he is good in his own ways.

[ethereumhunter]

Scalping is another method in trading to make a profit but it needs to have enough skills to analyze fast what happens to the marker. If you are late analyzing the movements, you will buy or sell at the wrong price and lose the opportunity to make a profit. So, every trader must have their way of making a profit because we have different methods to earn money from trading. If @OP can do more with the scalping trade, that does not mean other people can do the same unless they have the skills to analyze.

The last sentence is the most important one. I agree that it is a great way of trading and making money if you know what you are doing, but if you do not know what you are doing then it is not going to be that much of a great thing.

Best thing about trading is that if you know what you are doing, then you could literally stay at home, in front of your PC, have fun and make a living out of it, the easiest but also most stressful job but definitely something people would prefer over their own job, because going to office is usually horrible, staying at home is amazing. On the other hand if we are talking about a newbie trader, this will definitely be something wrong and would take a long time to master.

Yes, I also agree that novice traders need time but it depends on how they can learn to understand the trade. In addition, we can also use the cellphone to start trading because I sometimes use the cellphone to trade when I am not at home. It allows us to trade wherever we are. But it's better to trade at home so we can stay focused on analyzing and looking for opportunities to choose the coin.

Trading is not easy but as long as we desire to continue to learn and practice what we have learned, we can trade well. It can also be said to be working from home as most people work in their offices.

[kamvreto]

~snip~Being a scalper in the crypto market is indeed very difficult I have done this and I failed because the decision-making must be at the right time. Commonly we are failed in deciding the time of transaction and also the time to take profits.
I do believe that the OP really has his own strategy for why he is abe to get profitable and successful doing scalping, with his own experience, he is good in his own ways.

Deciding where we should take advantage of is a very important final part. when the target price has been reached and we can see a profit, but we don't take it and just look at it. but when the price starts to fall and continues to fall we panic to make a sale. The final decision to determine the profit is very important. or it uses a scalping strategy, swing trading or other strategies it all depends on the final decision.

[GreatArkansas]

~snip~Being a scalper in the crypto market is indeed very difficult I have done this and I failed because the decision-making must be at the right time. Commonly we are failed in deciding the time of transaction and also the time to take profits.
I do believe that the OP really has his own strategy for why he is abe to get profitable and successful doing scalping, with his own experience, he is good in his own ways.

If you have a plan at the beginning of your trade or the time you decide to open a position, there will be no problem at all. This is also a part of risk management, where you plan or decide your target price and stop loss.
But I think I feel you because sometimes we decide to take profits too soon or too early and that's sometimes a tough decision but if you just stick with your plan, it will be good for sure.

[Ziskinberg]

Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

That was it supposed to be. Because even to say that scalping is profitable for you, but might be different from other traders. Yet, those who could just accept a small profit will take this option and make some good plays because, in the scalping strategy, we take every price increase as an opportunity to earn small amounts of profit. of course, some people will appreciate that idea but wanted more but they never know that earning -let's say $200-$300 a day is more profitable than holding and waiting for the huge pump.

[Luzin]

let's say $200-$300 a day is more profitable than holding and waiting for the huge pump.

It was amazing, it was huge for me. It seems that I haven't been able to get that much in one day. But I realize trading is not my main job, maybe it is suitable for full traders.  I trade sometimes at the end of the day, or when I really feel like I have free time. Most of the time I choose holders although there are some that I use for scalping.
There are actually a lot of techniques that I learned, everyone can learn that. But in the end, wearing one that is considered to provide advantages and conveniences is the best choice. Because at this time I try not to be too greedy, because there is health to take care of. Because I also have other basic jobs.

[fullhdpixel]

CONCLUSION
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

I really do agree with this conclusion. We cannot blame someone who is doing day trading/scalping / holding / or other techniques. As long as they enjoy it and also take profits from their own strategy, it is better than following their strategies and meeting no high profits, roght?
Scalping is not easy, that is why when I read your post and you said that you enjoy and get much money from it, I really appreciate. This needs special and good skill and ability to consdier and analyse the market very quickly. Because as we know that scalping also has very high risk. Once we are too late, we may lose much

It is better to create your own strategy because it shows that you are hardworking not unlike to those others who are lazy and will only depend on others' ability. What if one day their source wont be available anymore. what they are going to do? They are doomed but I think that's the time that they will start to create their own strategies, if they really have a passion in trading.

Even though op said that scalping is easy I think I will agree with you more when you say that scalping is not easy. Maybe he can say it because this works better for him than day trading and he already built an experience from trading but for someone that is still new, they may distance from this for a while.

[Mpamaegbu]

Scalping may be a good option for traders with little crypto trading experience.

That's a wrong submission. In fact, a very wrong one that should be discouraged. Whether scalping, day or swing trading, there should a deep grip on set skills for trading. Otherwise, one will end up gambling away one's capital.

Scalping comes with low risk when compared to day trading.

This again isn't accurate. Perhaps, you're just starting out in trading. Every old hand will tell you that Day trading gives one an ease better than what happens with scalping. There's much risk (unnecessarily too) in scalping than in others. Again, scalpers tend to make much profit in commission for brokers/exchanges than day traders because of their numerous executions of trades. At every trade entry point, commission is charged.

[Silberman]

There isn't a uniform strategy for everyone. Every strategy could work uniquely in different ways. Other trader's strategies might not apply to others so we can have our own effective strategies based on our target profit. We can create our own strategy based on our skills or based on how we understand the volatility of the market. As long as we're earning a good profit and our trading journey is going effectively, there will never be a wrong strategy.

This is a nice observation, just because we are able to obtain profits with a particular strategy that doesn't mean that other people will be able to achieve the same results, if I remember correctly there have been in fact some experiments like that in the past in which traders took the time to teach to other people their system, and only a minority of people were able to achieve good results, even when not only they received the full explanation of how the whole strategy worked but they also received the support of the trader himself.

[Mr. Magkaisa]

Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

That was it supposed to be. Because even to say that scalping is profitable for you, but might be different from other traders. Yet, those who could just accept a small profit will take this option and make some good plays because, in the scalping strategy, we take every price increase as an opportunity to earn small amounts of profit. of course, some people will appreciate that idea but wanted more but they never know that earning -let's say $200-$300 a day is more profitable than holding and waiting for the huge pump.

-  Honestly, when I was studying scalping, I saw that it is easy to generate income, but it is also dangerous to do because in an instant you can lose your assets if you are not careful, but if you do it right, it is also good you can get me here.

But this is not possible for beginners who don't have enough knowledge of crypto trading in my opinion. If the other strategy is needed here to make a profit here, that's the only thing seen in scalping.

[Digital_Lord]

Actually scalping is good as it become the cause of your advancement and it just helps to accrual profit by giving revenue from very small shift  in estimate. And it is also beneficial as it gives you regular comfort even if it is small. But people can use other tactics too in which he feel uncomplicated and can manage hazards with the help of such tactic.

[carlfebz2]

Actually scalping is good as it become the cause of your advancement and it just helps to accrual profit by giving revenue from very small shift  in estimate. And it is also beneficial as it gives you regular comfort even if it is small. But people can use other tactics too in which he feel uncomplicated and can manage hazards with the help of such tactic.

When you do already knows on how to scalp and being profitable with it then this does signifies that you do have that advanced learning compared to those who are dealing with the market on long periods.

Scalping does involved immediate decisions since its been dealing with active or live volatility which you would be needing to face on and if you arent really that good enough then you are dealing

with soo much risk compared into those who are trading with higher timeframes.Lots had been trying out to scalp but this isnt a beginners kind of strategy or trading way
yet this would really be involved lots of experience plus having that skills.

[Silberman]

Actually scalping is good as it become the cause of your advancement and it just helps to accrual profit by giving revenue from very small shift  in estimate. And it is also beneficial as it gives you regular comfort even if it is small. But people can use other tactics too in which he feel uncomplicated and can manage hazards with the help of such tactic.

When you do already knows on how to scalp and being profitable with it then this does signifies that you do have that advanced learning compared to those who are dealing with the market on long periods.

Scalping does involved immediate decisions since its been dealing with active or live volatility which you would be needing to face on and if you arent really that good enough then you are dealing

with soo much risk compared into those who are trading with higher timeframes.Lots had been trying out to scalp but this isnt a beginners kind of strategy or trading way
yet this would really be involved lots of experience plus having that skills.

Exactly, I do know why this is something so difficult to comprehend, when you trade on the slower timeframes you have a lot of room to take your decisions, so it doesn't really matter if you take an additional five minutes in order to figure out what's happening in the market, but if you are trading in the faster timeframes then you only have seconds to take a decision and if you happen to make a mistake then you could lose days or even weeks of profits by that single mistake, so scalping is not something that your average trader can do correctly.

[AmoreJaz]

Actually scalping is good as it become the cause of your advancement and it just helps to accrual profit by giving revenue from very small shift  in estimate. And it is also beneficial as it gives you regular comfort even if it is small. But people can use other tactics too in which he feel uncomplicated and can manage hazards with the help of such tactic.

When you do already knows on how to scalp and being profitable with it then this does signifies that you do have that advanced learning compared to those who are dealing with the market on long periods.

Scalping does involved immediate decisions since its been dealing with active or live volatility which you would be needing to face on and if you arent really that good enough then you are dealing

with soo much risk compared into those who are trading with higher timeframes.Lots had been trying out to scalp but this isnt a beginners kind of strategy or trading way
yet this would really be involved lots of experience plus having that skills.

Exactly, I do know why this is something so difficult to comprehend, when you trade on the slower timeframes you have a lot of room to take your decisions, so it doesn't really matter if you take an additional five minutes in order to figure out what's happening in the market, but if you are trading in the faster timeframes then you only have seconds to take a decision and if you happen to make a mistake then you could lose days or even weeks of profits by that single mistake, so scalping is not something that your average trader can do correctly.

scalping is a great strategy if you've done these many times over as you need experience and skills to survive on this strategy. as you said, the possibility of losing all your profits is always there by one single mistake. so it would take time to get a hold of those tricks not to lose much in this trading strategy. but if you got it right, scalping is indeed a good one to earn profits without considering what season (bull or bear) we have right now.

[dimonstration]

scalping is a great strategy if you've done these many times over as you need experience and skills to survive on this strategy. as you said, the possibility of losing all your profits is always there by one single mistake. so it would take time to get a hold of those tricks not to lose much in this trading strategy. but if you got it right, scalping is indeed a good one to earn profits without considering what season (bull or bear) we have right now.

Scalping is the most dangerous strategy for me because crypto is too volatile and has a lot of price swing which will surely hit your stop loss at some point of your trading. You will need multiple trading per day when you are scalping which means you have lot of error in every position that you make. I still preferred a long term trading rather than this kind of short trade because it involves a high risk which you can avoid by just simply holding.

[rozak]

scalping is a great strategy if you've done these many times over as you need experience and skills to survive on this strategy. as you said, the possibility of losing all your profits is always there by one single mistake. so it would take time to get a hold of those tricks not to lose much in this trading strategy. but if you got it right, scalping is indeed a good one to earn profits without considering what season (bull or bear) we have right now.

Scalping is the most dangerous strategy for me because crypto is too volatile and has a lot of price swing which will surely hit your stop loss at some point of your trading. You will need multiple trading per day when you are scalping which means you have lot of error in every position that you make. I still preferred a long term trading rather than this kind of short trade because it involves a high risk which you can avoid by just simply holding.

I don't think Scalping can be used in any market conditions. calculation with market analysis is also important in its use. maybe for someone like the OP, find it easier and less risky. but for me, it is as risky as futures trading.

although sometimes profit in futures and spot trading. but I still feel I don't have more skill in trading. maybe I also need to learn a little knowledge about scalping. I prefer to invest than trade.

[Franctoshi]

Scalping is the most stressful part of trading any cryptocurrency, it's profitable only when you have a good trading strategy, hence your doomed for incuring freequent loses without profiting a single penny from the market, I was once a scalper but now I prefer swing trading as it's less stressful as I don't have much of time to keep my eyes on the system scalping the market. However , is good you've developed a strategy that works for you and should keep raking the market with it as it's still working for you now and don't forget to adjust whenever it starts failing, because of the changing market, using one particular strategy all the time is a kinda risky for me regardless of its accuracy.

[Mpamaegbu]

Actually scalping is good as it become the cause of your advancement and it just helps to accrual profit by giving revenue from very small shift  in estimate. And it is also beneficial as it gives you regular comfort even if it is small. But people can use other tactics too in which he feel uncomplicated and can manage hazards with the help of such tactic.

I can tell you for free that scalping isn't that easy. In fact, on the long run it's more stressful than day or swing trading. I write from experience because that was where and how I started. You may record small wins and then get excited about it. Sadly, such wins don't last because you're more likely to give all that wins back to the market. In all this, each to what makes them profit. I ain't saying that day or swings are better. However, I'm more comfortable with the other two than scalping.

[hashrateproducts]

Scalping is the most stressful part of trading any cryptocurrency, it's profitable only when you have a good trading strategy, hence your doomed for incuring freequent loses without profiting a single penny from the market, I was once a scalper but now I prefer swing trading as it's less stressful as I don't have much of time to keep my eyes on the system scalping the market. However , is good you've developed a strategy that works for you and should keep raking the market with it as it's still working for you now and don't forget to adjust whenever it starts failing, because of the changing market, using one particular strategy all the time is a kinda risky for me regardless of its accuracy.

Scalping is be very risky and I have gotten my trading account liquidated countless times, due to either Change in movement of the market and affects those using scalping strategy. But sometimes if one can master the scalping strategy, and I know some scalpers in the space that are doing well, but one thing that's pure fact in the market is that, one must prepare it put in mind that he or she will lose, but loss what you can afford to lose. Market will always goes against your plans and you need to start or import a new strategy, that's why sticking to one pattern is risky.

[Silberman]

Actually scalping is good as it become the cause of your advancement and it just helps to accrual profit by giving revenue from very small shift  in estimate. And it is also beneficial as it gives you regular comfort even if it is small. But people can use other tactics too in which he feel uncomplicated and can manage hazards with the help of such tactic.

When you do already knows on how to scalp and being profitable with it then this does signifies that you do have that advanced learning compared to those who are dealing with the market on long periods.

Scalping does involved immediate decisions since its been dealing with active or live volatility which you would be needing to face on and if you arent really that good enough then you are dealing

with soo much risk compared into those who are trading with higher timeframes.Lots had been trying out to scalp but this isnt a beginners kind of strategy or trading way
yet this would really be involved lots of experience plus having that skills.

Exactly, I do know why this is something so difficult to comprehend, when you trade on the slower timeframes you have a lot of room to take your decisions, so it doesn't really matter if you take an additional five minutes in order to figure out what's happening in the market, but if you are trading in the faster timeframes then you only have seconds to take a decision and if you happen to make a mistake then you could lose days or even weeks of profits by that single mistake, so scalping is not something that your average trader can do correctly.

scalping is a great strategy if you've done these many times over as you need experience and skills to survive on this strategy. as you said, the possibility of losing all your profits is always there by one single mistake. so it would take time to get a hold of those tricks not to lose much in this trading strategy. but if you got it right, scalping is indeed a good one to earn profits without considering what season (bull or bear) we have right now.

Without a doubt scalping can be a very effective technique if traders can employ it correctly, however I really think that most traders will never be able to do so as the knowledge and skills necessary are simply off the charts, you need to be able to execute your strategy to perfection every single time and this isn't something which can be done easily especially if we take into account the time constrains, so this is a trading style I wouldn't recommend to anyone except to expert traders.

[adaseb]

I tried scalping years ago. Tried it with crypto, stocks and forex and the conclusion is this. AVOID!

You will pull your hair out and go crazy. You got no edge trading on. 1m chart. You will be chopped to bits. Trust me I tried all the different strategies.

You will have a good week and it’ll take 1 bad trade and you will be back to break even trading like this.

[Hamza2424]

Scalping is very good strategy as personally i use to follow in scalping user can do better Raik management as compared to the Intradetory. Scalping Decreases the volatility risks of the market sentiments. For now market is dump again i think many of us finding an opportunity as to he more atrong holder somw are excited to take position in trade thats how all this work.

[awik p]

Scalping is very good strategy as personally i use to follow in scalping user can do better Raik management as compared to the Intradetory. Scalping Decreases the volatility risks of the market sentiments. For now market is dump again i think many of us finding an opportunity as to he more atrong holder somw are excited to take position in trade thats how all this work.

when the market dumps we must be careful in scalping, because once we buy, the possibility of the market going back down will be very open. therefore the discipline of applying stop losses and targets must be maintained. On the other hand, a trader's psychology must be extra strong, considering that the smaller the time frame used, the larger the chart movement will be

[Silberman]

I tried scalping years ago. Tried it with crypto, stocks and forex and the conclusion is this. AVOID!

You will pull your hair out and go crazy. You got no edge trading on. 1m chart. You will be chopped to bits. Trust me I tried all the different strategies.

You will have a good week and it’ll take 1 bad trade and you will be back to break even trading like this.

This is exactly right, when it comes to longer time frames, like the one day chart, you can see patterns emerge and you can anticipate some of the movements of the market, but when you are using the one minute chart this is impossible, the movements of the market cannot be described as nothing but random and full of noise, so you could trade perfectly for weeks and yet a single mistake is enough to erase all your efforts, making it a form of trading which is not recommended for the majority of the traders out there.

[Oilacris]

I tried scalping years ago. Tried it with crypto, stocks and forex and the conclusion is this. AVOID!

You will pull your hair out and go crazy. You got no edge trading on. 1m chart. You will be chopped to bits. Trust me I tried all the different strategies.

You will have a good week and it’ll take 1 bad trade and you will be back to break even trading like this.

This is exactly right, when it comes to longer time frames, like the one day chart, you can see patterns emerge and you can anticipate some of the movements of the market, but when you are using the one minute chart this is impossible, the movements of the market cannot be described as nothing but random and full of noise, so you could trade perfectly for weeks and yet a single mistake is enough to erase all your efforts, making it a form of trading which is not recommended for the majority of the traders out there.

Thats what make this strategy as one of the most or hardest type of trading which is scalping where you do have to deal with candle sticks movement on a fast pace manner which means that spending up

your time on drawing up some patterns wouldnt really be that much effective specially if its made for swing type trade or day trade.This is why there are several indicators which been used or would really

be that relevant specially when you are making those scalping.Honestly, i have tried this type of way but ending up on a loss, you cant just determine on how the price would be moving on such direction.
Sometimes it do really need up some sort of luck when you do make out some positioning and since the price is unpredictable is always the accuracy would always been affected.

[Hypnosis00]

Scalping is very good strategy as personally i use to follow in scalping user can do better Raik management as compared to the Intradetory. Scalping Decreases the volatility risks of the market sentiments. For now market is dump again i think many of us finding an opportunity as to he more atrong holder somw are excited to take position in trade thats how all this work.

when the market dumps we must be careful in scalping, because once we buy, the possibility of the market going back down will be very open. therefore the discipline of applying stop losses and targets must be maintained. On the other hand, a trader's psychology must be extra strong, considering that the smaller the time frame used, the larger the chart movement will be

Not all the time scalping is good and working well as this strategy is even riskier during the bear season.
Yes, I thought before I could earn a lot of profit doing this but the fees beat me. It was still the best option, especially during this time to use spot trading as the accumulation of fees and commission is quite low than scalping. And also, positioning is also easier for us traders where we can directly put a buy and sell option without moving our coins to another platform.

[Oshosondy]

Not all the time scalping is good and working well as this strategy is even riskier during the bear season.
Yes, I thought before I could earn a lot of profit doing this but the fees beat me. It was still the best option, especially during this time to use spot trading as the accumulation of fees and commission is quite low than scalping. And also, positioning is also easier for us traders where we can directly put a buy and sell option without moving our coins to another platform.

Scalpers do not know anything like bull or bear season, all they know is to scalp by opening either long or short position and in some minutes they are going to close the position.

About the fee, scalpers prefer low trading fee exchanges and they prefer to use makers market order to close the position for lower fee.

Scalpers do have a target. Example is going for $5 profit in each trade. A scalper would calculate how they can earn money included for the fee. If the trading fee amounts to $5 in total ($2.5 for opening and another $2.5 for closing), they will close the position after earning $10 in a way that they will still earn $5 in total in each position closed.

[maydna]

Scalping is very good strategy as personally i use to follow in scalping user can do better Raik management as compared to the Intradetory. Scalping Decreases the volatility risks of the market sentiments. For now market is dump again i think many of us finding an opportunity as to he more atrong holder somw are excited to take position in trade thats how all this work.

when the market dumps we must be careful in scalping, because once we buy, the possibility of the market going back down will be very open. therefore the discipline of applying stop losses and targets must be maintained. On the other hand, a trader's psychology must be extra strong, considering that the smaller the time frame used, the larger the chart movement will be

Besides that, before scalping, we must really know which coins have good movements in ups and downs so that we can use every moment of ups and downs to buy and sell. It might look difficult if we don't analyze beforehand so we might get caught in a high price that makes us unable to move. I once made scalping trades but not for too long because the movement turned in the direction I didn't want and made me hold it for a while. But luckily, after a few minutes of waiting, the price could go back up and I immediately decided to sell it and exit the market.

[Fireebrand]

I love scalping too. But there are several things you need to do in order to scalp successfully: first, find good currency pairs to trade. You want pairs that are moving relatively fast, with low spreads between bid and ask prices. Second, set up your trading account so that you can easily buy and sell currencies.

[Sterbens]

Scalping is very good strategy as personally i use to follow in scalping user can do better Raik management as compared to the Intradetory. Scalping Decreases the volatility risks of the market sentiments. For now market is dump again i think many of us finding an opportunity as to he more atrong holder somw are excited to take position in trade thats how all this work.

when the market dumps we must be careful in scalping, because once we buy, the possibility of the market going back down will be very open. therefore the discipline of applying stop losses and targets must be maintained. On the other hand, a trader's psychology must be extra strong, considering that the smaller the time frame used, the larger the chart movement will be

Not all the time scalping is good and working well as this strategy is even riskier during the bear season.
Yes, I thought before I could earn a lot of profit doing this but the fees beat me. It was still the best option, especially during this time to use spot trading as the accumulation of fees and commission is quite low than scalping. And also, positioning is also easier for us traders where we can directly put a buy and sell option without moving our coins to another platform.

Scalping must be absolutely correct in the right entry, and really don't forget to always put a stop loss and take profit when scalping. For those who are very experienced, maybe the scalping method will look easier, but I don't think it is for beginners, and even a lot has to be learned in applying this scalping method. Psychological calm must be in good condition, also our mentality must be much more prepared.

[_BlackStar]

Scalping must be absolutely correct in the right entry, and really don't forget to always put a stop loss and take profit when scalping. For those who are very experienced, maybe the scalping method will look easier, but I don't think it is for beginners, and even a lot has to be learned in applying this scalping method. Psychological calm must be in good condition, also our mentality must be much more prepared.

Trading with any strategy always carries risks regardless of whether they are experienced or not. No one can escape the risk of volatility but a knowledgeable and experienced trader is always likely to know how to minimize the risk.

In fact, scalping also carries a high risk of losing money, especially when traders do not have good emotional management when dealing with price volatility. The market is never stable, without good analysis and knowledge and a mastered strategy, they are gamblers. Once again, any trading strategy has risks, but these risks can be minimized when traders have knowledge and experience.

[justdimin]

Scalping must be absolutely correct in the right entry, and really don't forget to always put a stop loss and take profit when scalping. For those who are very experienced, maybe the scalping method will look easier, but I don't think it is for beginners, and even a lot has to be learned in applying this scalping method. Psychological calm must be in good condition, also our mentality must be much more prepared.

Trading with any strategy always carries risks regardless of whether they are experienced or not. No one can escape the risk of volatility but a knowledgeable and experienced trader is always likely to know how to minimize the risk.

In fact, scalping also carries a high risk of losing money, especially when traders do not have good emotional management when dealing with price volatility. The market is never stable, without good analysis and knowledge and a mastered strategy, they are gamblers. Once again, any trading strategy has risks, but these risks can be minimized when traders have knowledge and experience.

Yeah, risks are inevitable but let's admit it that it's better to use different strategies in trading than only sticking into one. This allows us to stay consistent when trading no matter what the conditions on the market are. Experienced traders are more knowledgeable but this can make their ego go higher. They may also use larger amounts of money within their trades so I won't say that their risk are only small.

Even we all have those positive traits you mentioned above, I think we can't erase the fact that we are still gamblers because the market can still move on their own most of the times. There is no way to predict them accurately.

[Sterbens]

Scalping must be absolutely correct in the right entry, and really don't forget to always put a stop loss and take profit when scalping. For those who are very experienced, maybe the scalping method will look easier, but I don't think it is for beginners, and even a lot has to be learned in applying this scalping method. Psychological calm must be in good condition, also our mentality must be much more prepared.

Trading with any strategy always carries risks regardless of whether they are experienced or not. No one can escape the risk of volatility but a knowledgeable and experienced trader is always likely to know how to minimize the risk.

In fact, scalping also carries a high risk of losing money, especially when traders do not have good emotional management when dealing with price volatility. The market is never stable, without good analysis and knowledge and a mastered strategy, they are gamblers. Once again, any trading strategy has risks, but these risks can be minimized when traders have knowledge and experience.

Yes, that's what I mean, because scalping really has to be entered in the right position, and it won't be easy to do, especially for beginners. I am speaking for beginners here, and the market will not be more friendly for beginners, unless it is a professional trader who is also familiar with scalping. Like you said, when you don't have much knowledge it's the same as gambling by hoping the market will move with their will.

[xSkylarx]

Scalping must be absolutely correct in the right entry, and really don't forget to always put a stop loss and take profit when scalping. For those who are very experienced, maybe the scalping method will look easier, but I don't think it is for beginners, and even a lot has to be learned in applying this scalping method. Psychological calm must be in good condition, also our mentality must be much more prepared.

Trading with any strategy always carries risks regardless of whether they are experienced or not. No one can escape the risk of volatility but a knowledgeable and experienced trader is always likely to know how to minimize the risk.

In fact, scalping also carries a high risk of losing money, especially when traders do not have good emotional management when dealing with price volatility. The market is never stable, without good analysis and knowledge and a mastered strategy, they are gamblers. Once again, any trading strategy has risks, but these risks can be minimized when traders have knowledge and experience.

Yes, that's what I mean, because scalping really has to be entered in the right position, and it won't be easy to do, especially for beginners. I am speaking for beginners here, and the market will not be more friendly for beginners, unless it is a professional trader who is also familiar with scalping. Like you said, when you don't have much knowledge it's the same as gambling by hoping the market will move with their will.

Scalping is the most stressful (for me) strategy that I've tried because you need to stay on the computer for a few hours looking for the right trade (as it requires a lower timeframe 1min to 10) to check if your indicator meets or your technical analysis state that triggers that trade. Though scalping, I can say that you can earn faster than those day traders, which is why very attractive to newbies but trust me, in the long run, you will prefer day trading as it is very tiring watching the chart all day. However, we have our strategy, so we have our preference, which works for us.

[jossiel]

Yes, that's what I mean, because scalping really has to be entered in the right position, and it won't be easy to do, especially for beginners. I am speaking for beginners here, and the market will not be more friendly for beginners, unless it is a professional trader who is also familiar with scalping. Like you said, when you don't have much knowledge it's the same as gambling by hoping the market will move with their will.

The concern for trading mostly are for the beginners.

They're the most risk takers and they think that it's easy to take trades like scalping or any other types of trading. The methods are close to each other but the risk are different based on how they look at it.

Even if they don't know the right approach of it, they'll still go because they've seen someone to be perfectly doing it and they think that it can be just copied anyway.

[milewilda]

Yes, that's what I mean, because scalping really has to be entered in the right position, and it won't be easy to do, especially for beginners. I am speaking for beginners here, and the market will not be more friendly for beginners, unless it is a professional trader who is also familiar with scalping. Like you said, when you don't have much knowledge it's the same as gambling by hoping the market will move with their will.

The concern for trading mostly are for the beginners.

They're the most risk takers and they think that it's easy to take trades like scalping or any other types of trading. The methods are close to each other but the risk are different based on how they look at it.

Even if they don't know the right approach of it, they'll still go because they've seen someone to be perfectly doing it and they think that it can be just copied anyway.

Just let them be, they would eventually learn up things on the time when they do face up the reality.Most of the time it would really be that hard to make them convinced that they shouldnt really be doing this and doing that.They do really have that kind of confidence deep inside and thinking that they could easily do on what other people been doing and if they do see some good profits then they are easily get hooked up and dive
in right away without having any consideration on what are the risk that they would be facing along the way. Scalping is one of the hardest way on dealing up with the price considering
on how volatile this market is then this isnt something that you could handle specially if you do lack up some skills and knowledge.

[jossiel]

The concern for trading mostly are for the beginners.

They're the most risk takers and they think that it's easy to take trades like scalping or any other types of trading. The methods are close to each other but the risk are different based on how they look at it.

Even if they don't know the right approach of it, they'll still go because they've seen someone to be perfectly doing it and they think that it can be just copied anyway.

Just let them be, they would eventually learn up things on the time when they do face up the reality.Most of the time it would really be that hard to make them convinced that they shouldnt really be doing this and doing that.They do really have that kind of confidence deep inside and thinking that they could easily do on what other people been doing and if they do see some good profits then they are easily get hooked up and dive
in right away without having any consideration on what are the risk that they would be facing along the way. Scalping is one of the hardest way on dealing up with the price considering
on how volatile this market is then this isnt something that you could handle specially if you do lack up some skills and knowledge.

Many of them don't even want to hear and follow suggestions so that's what it will be, letting them what it would be.

They can try scalping, day trading or any of what they prefer and still make much losses because it's anticipated for a newbie that they'll never do good when they're still new.

Experience will teach them and will make them decide if they want to continue or not because it's not for everybody's preference to get into trading whether it's just all about scalping.

[xSkylarx]

The concern for trading mostly are for the beginners.

They're the most risk takers and they think that it's easy to take trades like scalping or any other types of trading. The methods are close to each other but the risk are different based on how they look at it.

Even if they don't know the right approach of it, they'll still go because they've seen someone to be perfectly doing it and they think that it can be just copied anyway.

Just let them be, they would eventually learn up things on the time when they do face up the reality.Most of the time it would really be that hard to make them convinced that they shouldnt really be doing this and doing that.They do really have that kind of confidence deep inside and thinking that they could easily do on what other people been doing and if they do see some good profits then they are easily get hooked up and dive
in right away without having any consideration on what are the risk that they would be facing along the way. Scalping is one of the hardest way on dealing up with the price considering
on how volatile this market is then this isnt something that you could handle specially if you do lack up some skills and knowledge.

Many of them don't even want to hear and follow suggestions so that's what it will be, letting them what it would be.

They can try scalping, day trading or any of what they prefer and still make much losses because it's anticipated for a newbie that they'll never do good when they're still new.

Experience will teach them and will make them decide if they want to continue or not because it's not for everybody's preference to get into trading whether it's just all about scalping.

I was also one of these trying all the strategies (scalping, day trading, break out) and all of them have losses, since it is part of the trading journey you will loose but the most important is you know why you lose as that would strengthen your strategy and improve more. Whether what strategy you are going to do or try on you will need to understand why it is working or not working on you before proceeding to another strategy but again first of all you need to learn trading first do the fundamentals

[jossiel]

I was also one of these trying all the strategies (scalping, day trading, break out) and all of them have losses, since it is part of the trading journey you will loose but the most important is you know why you lose as that would strengthen your strategy and improve more. Whether what strategy you are going to do or try on you will need to understand why it is working or not working on you before proceeding to another strategy but again first of all you need to learn trading first do the fundamentals

Yes, fundamentals or the basics.

And then you'll figure it out whether it is for you and if you want to continue or not. Because that's where many newbies are lacking of for their strategy and start.

They just keep on hitting it and then losing money because they don't think that even if the basics, they have to be equipped with it.

[Zilon]

As crypto trading may be difficult if ones doesn't understand the technical analysis in trading cryptocurrency. Scalping may be a good option for traders with little crypto trading experience. Now, what is scalping?
Scalping is a short-term trading strategy which a trader adopts to make frequent small profits from small price movement each day. This small profit add up to generate a substantial amount over time. Scalping comes with low risk when compared to day trading. Scalping is best done in a ranging market. Below is an example of a ranging market

If Scalping works for you, then stick to it. Scalping doesn't make low risk at all because if the market changes direction or breaks out against the trader's predictions it will result in a trap. All trading types have its own risk to reward ratio. Also, scalping is not a strategy it is a type or form of trading and its disadvantage is that the trader will need to monitor their trade at all times to take this small profits and because the profit are small stop loss is always avoided and that could be more risky for small account size.

[xSkylarx]

I was also one of these trying all the strategies (scalping, day trading, break out) and all of them have losses, since it is part of the trading journey you will loose but the most important is you know why you lose as that would strengthen your strategy and improve more. Whether what strategy you are going to do or try on you will need to understand why it is working or not working on you before proceeding to another strategy but again first of all you need to learn trading first do the fundamentals

Yes, fundamentals or the basics.

And then you'll figure it out whether it is for you and if you want to continue or not. Because that's where many newbies are lacking of for their strategy and start.

They just keep on hitting it and then losing money because they don't think that even if the basics, they have to be equipped with it.

Use a demo account also at first when you are still trying to trade so that you can prevent losing your money others don't want to have a demo account as they said that it is different in actual trading and the stress brought to you is not the same that is why they trade immediately to a real account. We have our preferences which others might work and others are not, just follow what works for you as we do have our trading style, don't copy others as it has a possibility that it isn't working for you.

[SquallLeonhart]

If Scalping works for you, then stick to it. Scalping doesn't make low risk at all because if the market changes direction or breaks out against the trader's predictions it will result in a trap. All trading types have its own risk to reward ratio.

Sticking with profitable strategy is good but the basic problem with most traders who are into scalping is, they do fail to cover the exchange fees with their each and every trade. It means out of hurry while scalping, they may book profits which are not enough to cover the exchange fees. Personally I tried scalping but it seemed like I need to be clued myself into front of screens to make pennies. Yeah, not worth for the time and efforts we need to perform it.

We have our preferences which others might work and others are not, just follow what works for you as we do have our trading style, don't copy others as it has a possibility that it isn't working for you.

Yea, even our own strategy which got us profits yesterday may fail tomorrow. So, copying others strategy may not guarantee anything against ever evaluating conditions of bitcoin markets.

[gunhell16]

Being a scalper is not advisable for newbies here in the crypto space, you should be saying that. Because scalping activity requires you to quickly decide when to buy and sell, you know that dude.

Nayon, if for you this is the best strategy to get a profit, that's good for you, even if the income is small but if it's every 5mins, 10 mins., 15 mins or more it depends on you you can earn quickly but also fast Lose with a little mistake because technical analysis is based on a fluctuation.

[ethereumhunter]

Being a scalper is not advisable for newbies here in the crypto space, you should be saying that. Because scalping activity requires you to quickly decide when to buy and sell, you know that dude.

Nayon, if for you this is the best strategy to get a profit, that's good for you, even if the income is small but if it's every 5mins, 10 mins., 15 mins or more it depends on you you can earn quickly but also fast Lose with a little mistake because technical analysis is based on a fluctuation.

If the coin is moving well, we can use scalping to trade quickly but it is very rare today. We need to be able to do scalping at our speed of buying and selling to make a profit. And the difficulty of scalping is that we have to decide quickly and avoid mistakes in analysis. The analysis we do should also be able to find the time to place buy and sell orders. But scalping can also trigger greed for more profits and can't stop before scalping is almost over.

[AakZaki]

Being a scalper is not advisable for newbies here in the crypto space, you should be saying that. Because scalping activity requires you to quickly decide when to buy and sell, you know that dude.

Nayon, if for you this is the best strategy to get a profit, that's good for you, even if the income is small but if it's every 5mins, 10 mins., 15 mins or more it depends on you you can earn quickly but also fast Lose with a little mistake because technical analysis is based on a fluctuation.

big or small income depending on how much capital you use for scalping. this technique requires us to be in and out faster by taking advantage of every price fluctuation and really having to focus. Chart reading is very necessary to determine when to enter and when to exit. Scalping is generally done under a 5-minute time frame, a 10-15 minute time frame is too long and is still included in the mid-term trading type while Scalping is a short-term trading type.

[South Park]

Being a scalper is not advisable for newbies here in the crypto space, you should be saying that. Because scalping activity requires you to quickly decide when to buy and sell, you know that dude.

Nayon, if for you this is the best strategy to get a profit, that's good for you, even if the income is small but if it's every 5mins, 10 mins., 15 mins or more it depends on you you can earn quickly but also fast Lose with a little mistake because technical analysis is based on a fluctuation.

One of the most important skills when it comes to trading is our ability to take decisions under pressure, and this is a skill that develops over time, the reason a great deal of people recommend long term investing for newbies as a way to get experience in the markets is because the less decisions they can take the less possibilities they have of making a mistake, scalping is a profitable strategy but one that requires for the trader to take several important decisions daily, and a newbie is simply incapable of doing this under so much pressure as they lack the skill and the experience to do it.

[jossiel]

I was also one of these trying all the strategies (scalping, day trading, break out) and all of them have losses, since it is part of the trading journey you will loose but the most important is you know why you lose as that would strengthen your strategy and improve more. Whether what strategy you are going to do or try on you will need to understand why it is working or not working on you before proceeding to another strategy but again first of all you need to learn trading first do the fundamentals

Yes, fundamentals or the basics.

And then you'll figure it out whether it is for you and if you want to continue or not. Because that's where many newbies are lacking of for their strategy and start.

They just keep on hitting it and then losing money because they don't think that even if the basics, they have to be equipped with it.

Use a demo account also at first when you are still trying to trade so that you can prevent losing your money others don't want to have a demo account as they said that it is different in actual trading and the stress brought to you is not the same that is why they trade immediately to a real account. We have our preferences which others might work and others are not, just follow what works for you as we do have our trading style, don't copy others as it has a possibility that it isn't working for you.

It's also a good start, to use demo accounts.

There are exchanges that has dedicated demo accounts so that their new customers can try them out before proceeding to the actual trading.

Because the fact about the market when a trader comes in, it's more brutal than what they're thinking of it. That's the hard part in trading because they can be liquidated if they enter margin without thinking.

And also in spot, they can lose all that they've got when they're not prepared.

[sana54210]

scalping is a profitable strategy but one that requires for the trader to take several important decisions daily, and a newbie is simply incapable of doing this under so much pressure as they lack the skill and the experience to do it.

There cannot be any strategy which remain profitable all the times unless otherwise you are continuously updating yourself for market conditions. By market conditions, I refer the influencing factors of markets which include news and Fuds which means no one could update themselves against all news and Fuds.

Scalping probably a good one for some percentage of traders and usually I never go for it. Because, more you trade, the more you may face losses. Instead of going for scalping, a trader may wait for perfect bottom of the day to target the ultimate top of that day given that if good at TA.

[Pamadar]

Being a scalper is not advisable for newbies here in the crypto space, you should be saying that. Because scalping activity requires you to quickly decide when to buy and sell, you know that dude.

Nayon, if for you this is the best strategy to get a profit, that's good for you, even if the income is small but if it's every 5mins, 10 mins., 15 mins or more it depends on you you can earn quickly but also fast Lose with a little mistake because technical analysis is based on a fluctuation.

One of the most important skills when it comes to trading is our ability to take decisions under pressure, and this is a skill that developers over time, the reason a great deal of people recommend long term investing for newbies as a way to get experience in the markets is because the less decisions they can take the less possibilities they have of making a mistake, scalping is a profitable strategy but one that requires for the trader to take several important decisions daily, and a newbie is simply incapable of doing this under so much pressure as they lack the skill and the experience to do it.

I agree, if you will start things with a long-term goal, you'll be able to experience both pump and dump around the market. This kind of experienced will establish good decision making in the long run.

Once you are already aware of how the market works, then you'll be able to work with different
strategy, scalping is one of those working systems for people who know and understand how to
anticipate where the market will proceed, or the chance of making the right decision is higher.

[AmoreJaz]

scalping is a profitable strategy but one that requires for the trader to take several important decisions daily, and a newbie is simply incapable of doing this under so much pressure as they lack the skill and the experience to do it.

There cannot be any strategy which remain profitable all the times unless otherwise you are continuously updating yourself for market conditions. By market conditions, I refer the influencing factors of markets which include news and Fuds which means no one could update themselves against all news and Fuds.

Scalping probably a good one for some percentage of traders and usually I never go for it. Because, more you trade, the more you may face losses. Instead of going for scalping, a trader may wait for perfect bottom of the day to target the ultimate top of that day given that if good at TA.

if you are scalping a certain coin, definitely, knowing what's happening with the coin itself is a very significant one in knowing where the coin is heading to. because if you will just trade based on the charts, it is not enough as there are some underlying factors why such movements. you can get a hint by following the social media channels of this coin. ANN threads or their respective website won't tell you what's really going on but from their twitter or telegram or even discord, they are more active in saying something about the project.

[gabbie2010]

I love scalping too. But there are several things you need to do in order to scalp successfully: first, find good currency pairs to trade. You want pairs that are moving relatively fast, with low spreads between bid and ask prices. Second, set up your trading account so that you can easily buy and sell currencies.

In scalping the trader usually sticked with a pair that is most volatile example BTCUSDT or ETHUSDT with low commission for crypto while in forex trading trading pairs lsuch as EURUSD, GBPUSD and USDJPY are mostly with low spread, however scalping require maximum concentration and focus by the trader because it involves a short movement of the price and precise entry and exit is the most factor to considered by an experience scalpers however this comes with numbers of years and skills, thus it is not advisable for any newbie to start trading as a scalper else such a trader will rekt their portfolio swiftly.

[Pamadar]

I love scalping too. But there are several things you need to do in order to scalp successfully: first, find good currency pairs to trade. You want pairs that are moving relatively fast, with low spreads between bid and ask prices. Second, set up your trading account so that you can easily buy and sell currencies.

In scalping the trader usually sticked with a pair that is most volatile example BTCUSDT or ETHUSDT with low commission for crypto while in forex trading trading pairs lsuch as EURUSD, GBPUSD and USDJPY are mostly with low spread, however scalping require maximum concentration and focus by the trader because it involves a short movement of the price and precise entry and exit is the most factor to considered by an experience scalpers however this comes with numbers of years and skills, thus it is not advisable for any newbie to start trading as a scalper else such a trader will rekt their portfolio swiftly.

Yes, that statement is true, though there are many factors that needed to consider before you take your money into this kind
of strategy, it's takes time and focus to gain good knowledge in anticipating the market.

Not just a easy buy low sell high which will quickly suck your investment with a single mistake
that you do.

Make sure that you are fully aware with the system and always find lerning whenever you perform
this kind of system.

[borovichok]

In scalping the trader usually sticked with a pair that is most volatile example BTCUSDT or ETHUSDT with low commission for crypto while in forex trading trading pairs lsuch as EURUSD, GBPUSD and USDJPY are mostly with low spread, however scalping require maximum concentration and focus by the trader because it involves a short movement of the price and precise entry and exit is the most factor to considered by an experience scalpers however this comes with numbers of years and skills, thus it is not advisable for any newbie to start trading as a scalper else such a trader will rekt their portfolio swiftly.

There are different trading strategy one can use to bring profits from trades. Scalping is one of the worst strategy for newbies to adapt to, but it's very essential and good for experience traders who knows the entire formation of scalping. It's one of the tough method to use in trading because it blows forex accounts easily and run down futures trading accounts into liquidation. I wouldn't advise anyone to start scalping without undergoing well equipped PDFs concerning scalping. My favorite pair is EURUSD pair and it's absolutely understandable.

[Obari]

I can also attest to this scalping technique because it really helps.
With about $2k trading capital, using scalping as your technique, one could easily make $100- $200 a daily without having to be so much greedy and be happy.
Trading is a very lucrative business and at same time also a very risky business and should be done carefully.
I actually don't do alot of scalping because I don't mostly trade with much money since I've not been trading frequently and I barely have the money it takes to scalp successfully.
But I'm sure that the moment I get back into trading again, I'll be doing more of scalping.

[lepbagong]

I can also attest to this scalping technique because it really helps.
With about $2k trading capital, using scalping as your technique, one could easily make $100- $200 a daily without having to be so much greedy and be happy.
Trading is a very lucrative business and at same time also a very risky business and should be done carefully.
I actually don't do alot of scalping because I don't mostly trade with much money since I've not been trading frequently and I barely have the money it takes to scalp successfully.
But I'm sure that the moment I get back into trading again, I'll be doing more of scalping.

Scalping is a trading strategy for crypto assets for a predetermined period of time that can help traders to get profits at a predetermined value and you can say the value is not too big if you want to compare it to trading in general. but in an uncertain market price situation, it is clear that scalping is a process that has no risk and is clearly very helpful for traders. I totally agree that scalping is safer than trading, even though trading can make big profits but with very big risks and you need to be careful and careful in doing the initial analysis.

[Cryptmuster]

Scalping is a trading strategy for crypto assets for a predetermined period of time that can help traders to get profits at a predetermined value and you can say the value is not too big if you want to compare it to trading in general. but in an uncertain market price situation, it is clear that scalping is a process that has no risk and is clearly very helpful for traders. I totally agree that scalping is safer than trading, even though trading can make big profits but with very big risks and you need to be careful and careful in doing the initial analysis.

Why did you decide that scalping is completely safe and does not carry any risks, have you tried scalping? This is probably the most tiring and dangerous thing in trading, you need to follow the charts every minute for a long time, this is very tiring for me personally. What exactly is the safety of scalping? No matter which market is bearish or bullish scalping will be equally dangerous...

[Natalim]

Many traders have different opinions about scalping but I see that most of the replies disagree that it was the best strategy (and I'm going to agree with that also). But then, a trader can just assess if that scalping really works for them or not based on their experience. Of course, if I have been comfortable with this strategy I definitely say it was a good and effective strategy but because other traders don't have it, they simply say it was not.

It might OP have a good experience upon using this then there is no need to argue. In fact, it was her/his choice either.

[LUCKMCFLY]

I was also one of these trying all the strategies (scalping, day trading, break out) and all of them have losses, since it is part of the trading journey you will loose but the most important is you know why you lose as that would strengthen your strategy and improve more. Whether what strategy you are going to do or try on you will need to understand why it is working or not working on you before proceeding to another strategy but again first of all you need to learn trading first do the fundamentals

Yes, fundamentals or the basics.

And then you'll figure it out whether it is for you and if you want to continue or not. Because that's where many newbies are lacking of for their strategy and start.

They just keep on hitting it and then losing money because they don't think that even if the basics, they have to be equipped with it.

I have been looking for many ways to trade with scalping, but wow, it is something very difficult, because there are many strategies, but there is no one that is infallible, the ones I have studied tend to fail, and to be honest they fail more than what I know hit, so I have not found any strategy that is the best and that always wins, some traders are experts in scalping, but I think that there is still a lot to develop, perhaps the AIs can give better details about this when it is already available, but for Now I think that scalping and winning is very difficult, that's what I see, for now I will continue to see many more sterartegies.

[zaki12]

Besides that, before scalping, we must really know which coins have good movements in ups and downs so that we can use every moment of ups and downs to buy and sell. It might look difficult if we don't analyze beforehand so we might get caught in a high price that makes us unable to move. I once made scalping trades but not for too long because the movement turned in the direction I didn't want and made me hold it for a while. But luckily, after a few minutes of waiting, the price could go back up and I immediately decided to sell it and exit the market.

I tried this strategy for a few days, and it only worked when the market was normal.

what we need to realize in crypto trading with scalping techniques, there are three important points that form the basis and need to pay attention to consistency, speed and chart reading skills.

apart from that we also have to be able to see higher volatility so that small price movements can be profitable for us.

[monineklutak]

Scalping is very good strategy as personally i use to follow in scalping user can do better Raik management as compared to the Intradetory. Scalping Decreases the volatility risks of the market sentiments. For now market is dump again i think many of us finding an opportunity as to he more atrong holder somw are excited to take position in trade thats how all this work.

when the market dumps we must be careful in scalping, because once we buy, the possibility of the market going back down will be very open. therefore the discipline of applying stop losses and targets must be maintained. On the other hand, a trader's psychology must be extra strong, considering that the smaller the time frame used, the larger the chart movement will be

Besides that, before scalping, we must really know which coins have good movements in ups and downs so that we can use every moment of ups and downs to buy and sell. It might look difficult if we don't analyze beforehand so we might get caught in a high price that makes us unable to move. I once made scalping trades but not for too long because the movement turned in the direction I didn't want and made me hold it for a while. But luckily, after a few minutes of waiting, the price could go back up and I immediately decided to sell it and exit the market.

I tried this strategy for a few days, and it only worked when the market was normal.

what we need to realize in crypto trading with scalping techniques, there are three important points that form the basis and need to pay attention to consistency, speed and chart reading skills.

apart from that we also have to be able to see higher volatility so that small price movements can be profitable for us.

In using any technique, including scalping, we can't just go along with it,
we must really learn and understand it in order to maximize the technique,
the most important thing is always pay attention to the basics because sometimes people forget about it

[palle11]

In scalping the trader usually sticked with a pair that is most volatile example BTCUSDT or ETHUSDT with low commission for crypto while in forex trading trading pairs lsuch as EURUSD, GBPUSD and USDJPY are mostly with low spread, however scalping require maximum concentration and focus by the trader because it involves a short movement of the price and precise entry and exit is the most factor to considered by an experience scalpers however this comes with numbers of years and skills, thus it is not advisable for any newbie to start trading as a scalper else such a trader will rekt their portfolio swiftly.

There are different trading strategy one can use to bring profits from trades. Scalping is one of the worst strategy for newbies to adapt to, but it's very essential and good for experience traders who knows the entire formation of scalping. It's one of the tough method to use in trading because it blows forex accounts easily and run down futures trading accounts into liquidation. I wouldn't advise anyone to start scalping without undergoing well equipped PDFs concerning scalping. My favorite pair is EURUSD pair and it's absolutely understandable.

Talking about scalping regarding the ideas that you guys have articulated here, I want to say that one dangerous thing about scalping is it can blow your account easily that day trading or swing trading. With day trading and swing trading, you are a little prepared and guiding yourself with the caution of using stop loss but most scalpers don't use stop loss just because the scalping time may not allow for it and that makes it dangerous. Again the network can become an issue if you are already in scalping, if the network goes off then you can't control your order which is a problem because the trade will keep going on and before your network is restored you may have lost your funds.

[ningrum]

I admit the scalping trading strategy is a very good strategy for achieving maximum profit in the short term,
but scalping is very good for traders who have large capital if they play on the spot market because the spot market is a minimal risk thing,
but if traders with not big capital I suggest to futures trading but we also have to remember that it is very high risk of losing all your capital.

[Pamadar]

I admit the scalping trading strategy is a very good strategy for achieving maximum profit in the short term,
but scalping is very good for traders who have large capital if they play on the spot market because the spot market is a minimal risk thing,
but if traders with not big capital I suggest to futures trading but we also have to remember that it is very high risk of losing all your capital.

Good point, scalpers who use bigger capital have a really good chance of gaining decent profits compared to those who use a lesser amount, though risk is always around and you can't avoid that.

As long as you have the right sets of knowledge to anticipate the potential outcome, you can use this strategy,
it will depend on how you handle the risk and how you weight the possibility of getting profits.

[gunhell16]

If you are the type of trader who wants a quick profit even if it is small but the movement is fast in 5mins -10mins time frame then scalping suits you. That's why you need to make a quick decision here or else the opportunity for you to get income will disappear quickly for sure.

This method is also a bit risky, and it is not applicable or not possible for novice traders here in the crypto space. Experience is needed here and emotional is not allowed here.

[bittraffic]

To be honest, I do not see anything positive or extremely beneficial in this strategy. Somehow I even tried to work, but nothing happened. In addition, not all companies even seem to allow trading in this way.

There is a benefit but this is a strategy used by pro traders. I don't know why OP is telling people that this strategy is best for those who don't understand TA. LOL that's the worse advice one can take but perhaps because if a trader doesn't understand the risk, I guess the less aware of the risk the more he can just keep trading in a shorter time frame with small price movements.

Your risk tolerance and your goal will probably make you decide whether scalping is good for you. There are bots for this strategy, I'm not aware which one is good but using bot for scalping I think will not be a get-rich-quick but maybe it will work as what I have heard, they are making money.

[mvdheuvel1983]

Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

Backtesting and demo trading are two things I value highly.
Scalping is the trading method that takes the longest to fully perfect, but once you do, you'll find that it is also the most profitable and allows you to trade for the shortest amount of time—at most, 2-3 hours per day.
Numerous successful traders employ a variety of trading techniques. Another trader might not observe what one does, but they might both make money in the same market on the same day.

[xSkylarx]

Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.

Backtesting and demo trading are two things I value highly.
Scalping is the trading method that takes the longest to fully perfect, but once you do, you'll find that it is also the most profitable and allows you to trade for the shortest amount of time—at most, 2-3 hours per day.
Numerous successful traders employ a variety of trading techniques. Another trader might not observe what one does, but they might both make money in the same market on the same day.

Every trader has their own preferences; some will say trading is very profitable and easy to profit from as long as you know how; on the other hand, it is very stressful and you have to look at the small time frame on it; I also don't use this strategy since I can't see the big picture clearly. I am just amazed at those scalpers because they are earning a small profit per trade, but in the long run they can accumulate it. Also, scalping is not working for me since I do have a job, so I can't look at the chart every now and then.

[Pamadar]

To be honest, I do not see anything positive or extremely beneficial in this strategy. Somehow I even tried to work, but nothing happened. In addition, not all companies even seem to allow trading in this way.

There is a benefit but this is a strategy used by pro traders. I don't know why OP is telling people that this strategy is best for those who don't understand TA. LOL that's the worse advice one can take but perhaps because if a trader doesn't understand the risk, I guess the less aware of the risk the more he can just keep trading in a shorter time frame with small price movements.

Your risk tolerance and your goal will probably make you decide whether scalping is good for you. There are bots for this strategy, I'm not aware which one is good but using bot for scalping I think will not be a get-rich-quick but maybe it will work as what I have heard, they are making money.

Bot also relies on how the traders wanted to execute their trading strategy, there are some who can make it useful and earn decent
amount of money in each position that they've taken.

I don't know if how newcomers will take advantage if they don't know how the market works,
the chance of losing a lot, in a small mistake that performs can damage your entire investment.