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EarnOnVictor
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August 29, 2023, 05:32:12 PM
 #41

With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally
For me, there's no wrong with being a scalper. Because I believe that's their way of trade and there's nothing wrong, I can see a lot of people that are profitable when they do scalp trading.
But what I want to say is always think: "Not all the time, it's good to trade". There are also a lot of pairs you will try to look at and monitor if you are scalping.
So for me, scalp trading is just day trading, you either win or lose.
I'm in line with you here, there is nothing wrong with scalping, After all, it's a trading style. But I must say from my experience that scalping with Bitcoin might not be worth it, it will be more demanding and frustrating, and needs traders to have more money before they can earn something tangible from it unlike in FX, Gold Oil and the like. For this, I do not even bother myself to scalp Bitcoin again, I scalp another market when I have the time to compensate for my time and energy.

I resolved to this approach since scalping also required a market that tends to trend in a direction smoothly and possibly speedily for the trader to open a trade and close it within the shortest possible time. Bitcoin might make this unappealing and I doubt if there are many successful Bitcoin scalpers out there.

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August 30, 2023, 06:39:08 AM
 #42


With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.

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promise444c5 (OP)
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August 30, 2023, 10:18:57 AM
 #43


With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy  or sell. And you should also know which category you fall into as a crypto trader.

When we talk about the key word "category " while trading  although have dropped scalping for almost about 1tear and the half but l'm still tempt to so whenever I'm tempt I go demo so what can I use as the category here mate Smiley



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August 30, 2023, 12:04:04 PM
 #44


Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.

You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.

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Bushdark
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August 30, 2023, 08:27:35 PM
 #45


With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy  or sell. And you should also know which category you fall into as a crypto trader.

When we talk about the key word "category " while trading  although have dropped scalping for almost about 1tear and the half but l'm still tempt to so whenever I'm tempt I go demo so what can I use as the category here mate Smiley
I will advise you not to stay too long using demo account which can have a great effect on us when we start trading live. This is why many traders have lost there confidence in the market because they are always scared of losing the little they have.

They have spent too much time trading using demi then will it comes for them to go live, they will keep blowing there account which does not make sense at all. Scalping is not the best way to trade if we know that the market is nit too volatile because you will have to wait for a longer time for the market to reset before you start catching some little profits otherwise loses.

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August 30, 2023, 10:43:12 PM
 #46

With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally
Trading, scalping or not will have more chances of you of losing it if you're not used to it. The good scalpers even take losses as well and no one can flee from that.
Even no matter how good you but the market sentiment has changed and you can't cope with that, you're going to lose. Well, it's like an inevitable event that you'll have to experience being new or old.

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August 31, 2023, 01:26:50 AM
 #47

Advantages of Scalping Trading:
1.Quick Profit Potential: The scalping method allows traders to achieve profits in a short period, even within seconds or minutes, as they capitalize on small price movements.
2. Utilizing Small Movements: In scalping, traders aim to take advantage of very small price movements that might not be significant enough for medium or long-term traders.
3. Risk Diversification: With the high number of trades conducted in scalping, traders can open multiple positions across various instruments, helping to diversify their risk.

Risks of Scalping Trading:
1. High Transaction Costs: Due to the high frequency of trades in scalping, transaction costs like spreads and commissions can accumulate, potentially eroding profits.
2. Overtrading: The high trade frequency can lead to overtrading, where traders open too many positions without proper analysis.
3. Psychological Stress: Scalping demands intense concentration and constant market monitoring, leading to psychological stress and decision fatigue.
4. Disproportionate Impact of Analysis Errors: Given the small profit targets, minor errors in analysis or trade execution can have significant impacts on the trading account.
5. Dependency on Technical Analysis: Scalping relies heavily on technical analysis and short-term price movements, often overlooking broader economic fundamentals or major news events.

It's important to remember that every trading method has its own pros and cons. As a trader, it's crucial to understand your chosen strategy thoroughly, master the necessary skills, and implement effective risk management to mitigate potential losses.
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August 31, 2023, 08:20:45 AM
Merited by gunhell16 (1)
 #48

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.
Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.

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August 31, 2023, 09:31:33 AM
 #49

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.
Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.

I agree with what you mentioned, dude. That's sometimes the problem with others who enter crypto trading—those who just experienced trading income, even if they don't have enough knowledge about it, feel like they already know all the ins and outs—it's crowded here.
It's not designed just so you can make money out of it. This is what others will not understand if they think they will know everything in just one night.

They don't think that with every trading activity there is a learning process happening as a trader in this industry, and there is a lot to consider to learn the concept of crypto trading in this field in reality. If the experts often lose here, how much more are those who are just starting to learn about it? It really takes time for you to become a veteran or an expert.

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August 31, 2023, 11:35:07 AM
 #50


With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy  or sell. And you should also know which category you fall into as a crypto trader.

When we talk about the key word "category " while trading  although have dropped scalping for almost about 1tear and the half but l'm still tempt to so whenever I'm tempt I go demo so what can I use as the category here mate Smiley
I will advise you not to stay too long using demo account which can have a great effect on us when we start trading live. This is why many traders have lost there confidence in the market because they are always scared of losing the little they have.

They have spent too much time trading using demi then will it comes for them to go live, they will keep blowing there account which does not make sense at all. Scalping is not the best way to trade if we know that the market is nit too volatile because you will have to wait for a longer time for the market to reset before you start catching some little profits otherwise loses.
Sure can loose confidence but one can also try getting is key trading I'm not really god on scalping  and even if I go demo I trade like its real limit and leverage based on my real account  . So I will advice people to get a perfect market  periods to trade on it normal to scalp but you might be weak in it even if you are a professional trader



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August 31, 2023, 12:33:20 PM
 #51

Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.
It seems obvious to me, because no one believes that he can spend several weeks or months on training and become an excellent doctor, for this he will need to study for many years, everyone understands this. But for some reason, people have a completely different idea regarding trading, it seems to them that they can spend very little effort on learning and will be able to earn a lot of money in trading, but this will not happen. Because this is the same hard work that requires a lot of knowledge and skills, so if you like it and want to make money from it, then be prepared to spend many years studying before you can become a successful trader.

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August 31, 2023, 02:16:45 PM
 #52


With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally

The major reason is greediness, scalpers is just a small price movement action that you need to grab any changes with the price make the scalpers lose their trade.

Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.
It seems obvious to me, because no one believes that he can spend several weeks or months on training and become an excellent doctor, for this he will need to study for many years, everyone understands this. But for some reason, people have a completely different idea regarding trading, it seems to them that they can spend very little effort on learning and will be able to earn a lot of money in trading, but this will not happen. Because this is the same hard work that requires a lot of knowledge and skills, so if you like it and want to make money from it, then be prepared to spend many years studying before you can become a successful trader.

In trading you need to gain knowledge those learnings you've got will now execute your trades every trades you made you learn and earn experience, if you win great those learnings applied but if you fail learn from those mistakes, analyze whats wrong with your trades, prevent to deal with again and move forward for your future trades.

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September 01, 2023, 04:15:14 PM
 #53

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.
Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.

It takes a lot of time to master not only Bitcoin, but any field. Actually gaining experience is not a matter of days or months. There is no doubt that experience is not only gained by watching and reading, but the real experience starts when you actually get into the field, and start trading. Trading is not an easy task it requires a lot of hard work and time to get profit then you will be able to work as an expert trader. Both profit and loss should be taken into account in trading, if we can make profit, our one mistake can lead to our loss.Of course, it takes a long time to make a profit in any business. In the early days, most of the traders take losses in trading, but it is real experience how you control your losses, and turn your losses into profits. Of course, the newbies needs to learn here first. Those who try trading, investing or scalping on this platform without experience will be at risk of loss. It should also be understood that as easy as it looks to make a profit here, it is even easier to lose.

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promise444c5 (OP)
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September 02, 2023, 12:22:55 PM
 #54

so to what extent can we say someone is being greedywith his/her trade even time?? Or leverage

Imho greedy is when he risks more money he can afford to lose. As you can see, the number can vary greatly from person to person.
And from what I've seen, the most inexperienced tend to lose the most because they are affected by sentiments, they don't follow the basic rules or simply treat trading like some sort of gambling.

Okay I need everything to precise  so that any beginner reading can have more knowledge about the extent of determine greediness  in trading thanks I really appreciate your reply , I will just add this even you can afford to lose try leveraging



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November 26, 2023, 01:41:31 PM
 #55

Actually scalping is same as full trading because scalping is use as every coin for example if you want to buy a coin buy this coin in a right time and if it's up the sell it easily but this is short term trade less profit or loss because the best scalping is use in those coins which have fast movement as we can say top gainers coin in Any exchange of day trading top gainers

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Mr. Magkaisa
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November 26, 2023, 01:57:38 PM
 #56


With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally

     -  Well, scalping is profitable as long as you have deep knowledge of cryptocurrency trading. But it's high-risk, especially for those who don't know about crypto trading. Actually, even if you know something about trading, scalping is still quite difficult to do.

So I suggest that this is not good for newbies because, for sure, their capital will be wasted in the end. There is a lot to consider in scalping, to be honest. One of these are we must know how to use the indicators in trading and more.

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goaldigger
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November 26, 2023, 02:06:31 PM
 #57

Actually scalping is same as full trading because scalping is use as every coin for example if you want to buy a coin buy this coin in a right time and if it's up the sell it easily but this is short term trade less profit or loss because the best scalping is use in those coins which have fast movement as we can say top gainers coin in Any exchange of day trading top gainers
Scalpers are more prone to losing their capital easily as they tend to follow the fast paced market trend.
Scalping are only for those who are already know how to timing the market with less emotion, and the scalpers doesn't hold the coin/token for a long time because they tend to sell it right away with a little to no profit at all. If you are still new in crypto market, scalping can be more risky better to trade long while you are still learning, scalping is for those who can handle their emotions properly.

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November 26, 2023, 02:36:35 PM
 #58

Scalping is short-term trading, so analyzing it uses a small time frame, therefore complex skills are required considering that the smaller the time frame used, the greater the fluctuations will be seen, so not many traders are successful, especially for psychological matters. really determines the success of a scalper, and of course this pattern will be suitable to learn for those who have a lot of free time

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November 26, 2023, 04:54:27 PM
 #59

Scalping is suited to a certain type of product under certain conditions, specifically when you are not expecting big breakouts...

As is popular CT wisdom these days, at some point you gotta take a break from trading and start believing in something (typically referring to longer term holds for highly promising ventures).

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November 26, 2023, 09:49:44 PM
 #60

With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose  so easily can we say it greediness or it's not advisable generally
@OP you may have seen more scalpers make more profit from the market because it can be more easier to predict short term market movements than the big moves, and that requires lesser expertise.

Scalping is the strategy to make small profits from small market movements. Scalping may interest you as a beginner in trading because of the satisfaction that small profits will be giving you then,  but as you progress and your experience increase, you will want to try setting your trade for longer time to be able to profit more from the market.

 
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