Scalping, my best trading strategy

[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.