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Inwestour
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November 27, 2023, 10:21:59 AM
 #61


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.
One of the biggest problems of a trader is repeating the same mistakes, it seems to me that this deprives the trader of the opportunity to become successful. I'm pretty sure that everyone who found themselves in a difficult situation and did not use a stop loss thought that it could save them money and time, but if after that the trader continues to repeat this mistake and does not use a stop loss in future transactions, then this leads to the same result again.
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November 27, 2023, 06:13:38 PM
 #62

Scalping, trading on short-term time frames, can be a profitable but also risky strategy. People who successfully scalp usually have a high level of experience, strategic thinking and quick reactions. However, trading on longer time frames requires patience and analytical skills. In general, here and now - this is scalping; basically, of course, everyone uses this strategy on futures.
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November 27, 2023, 08:26:00 PM
 #63


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.
One of the biggest problems of a trader is repeating the same mistakes, it seems to me that this deprives the trader of the opportunity to become successful. I'm pretty sure that everyone who found themselves in a difficult situation and did not use a stop loss thought that it could save them money and time, but if after that the trader continues to repeat this mistake and does not use a stop loss in future transactions, then this leads to the same result again.
It is also critical that people learn how to reduce how big their mistakes can be, and for that a stop loss is invaluable, after all it is completely different to make a mistake trading the wrong coin at the wrong time but only lose a small portion of your capital than to lose it all, as if you are the former trader then not only you can learn from your mistake but you can act upon it almost immediately, while if you are the latter trader then even if you learned your lesson there is nothing you can do about it anymore as you have no money to keep trading the markets.

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November 27, 2023, 09:23:27 PM
 #64


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.
One of the biggest problems of a trader is repeating the same mistakes, it seems to me that this deprives the trader of the opportunity to become successful. I'm pretty sure that everyone who found themselves in a difficult situation and did not use a stop loss thought that it could save them money and time, but if after that the trader continues to repeat this mistake and does not use a stop loss in future transactions, then this leads to the same result again.

That is the reason professional traders keep a notebook with them and keep track of their bad trades. They try to figure out what went wrong and how he could be saved from that. This is a good practice for a trader, as it helps him identify the same scenario in the future and take action according to his previous experience. Not sure how much it help them but there must be some benifits of it otherwise why most of them suggest to do something like this to newbie.

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November 27, 2023, 11:20:19 PM
 #65

Scalping is also part of trading, or we can say short-term trading, and it is one of the strategies and methods to earn in trading, but the thing is, is it worth it? Well, based on my experience as a trader, at first yes, you will have fun doing scalping with high leverage, but of course you still need the knowledge and analysis that the price will go up even if just a minute or so. High leverage means high reward, but of course I realise that it is very risky. I stumble once with that method, and the effect is too high. That's when I decide to let go of scalping and focus on day trading or longer, as scalping is also exhausting as you need to watch the market every minute or monitor it while you have a trade as you will need to close the trade as the high point. Yes, scalping is not recommended as it's too risky and not appropriate for a trader.

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November 28, 2023, 02:36:03 AM
 #66


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.
One of the biggest problems of a trader is repeating the same mistakes, it seems to me that this deprives the trader of the opportunity to become successful. I'm pretty sure that everyone who found themselves in a difficult situation and did not use a stop loss thought that it could save them money and time, but if after that the trader continues to repeat this mistake and does not use a stop loss in future transactions, then this leads to the same result again.

That is the reason professional traders keep a notebook with them and keep track of their bad trades. They try to figure out what went wrong and how he could be saved from that. This is a good practice for a trader, as it helps him identify the same scenario in the future and take action according to his previous experience. Not sure how much it help them but there must be some benifits of it otherwise why most of them suggest to do something like this to newbie.
Notebooks can help us to record mistakes or events that occur, so that we can look at them afterwards to remind us, for example, of something we shouldn't do, and sometimes even though we have written it down and read it, we sometimes still make the same mistakes, and this is basic human nature. . However, if we can manage it, it will not only have an impact on our way of trading, but will also carry over into real life, we will be wiser in facing life.

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November 28, 2023, 03:29:53 AM
 #67

Scalping, trading on short-term time frames, can be a profitable but also risky strategy. People who successfully scalp usually have a high level of experience, strategic thinking and quick reactions. However, trading on longer time frames requires patience and analytical skills. In general, here and now - this is scalping; basically, of course, everyone uses this strategy on futures.
Scalping is not only a short-term trading strategy but emphatically the shortest-term trading strategy that traders without very good scalping skills and patience can not excel in. This is actually beyond merely gaining a high level of experience but being able to know the scalping code, have the will, energy and time for it, and also have your own scalping plan and sticking to this plan. As easy as these points could be, many have not been able to fulfil them, and some people who fulfilled them for a while later renege from them. To be candid, scalping is not easy, and this is why people are avoiding it, it's so demanding, and the shorter the term of the trading strategy you are using, the riskier and more stressful it will be. That is how scalping is, but with the right level of mindset and determination towards it, I believe the trader will be successful.

And guess what? The money that could be made in scalping is more than any other trading strategy you can think of, which is why successful scapers are the richest traders in the world. They enter the market many times in a day and get to do this with big risks/lots and opt out pretty fast, repeating the process multiple times in a day for more success to be made. So, this is no joke, they are rich because they could go through the stress which I believe is worth it.

You also have a point with the short timeframe by scalpers, but in my scalping experience, it's beyond that. Although short timeframes are still being used, yet the most successful scalpers do scalp the trend of the market mostly. For this, they get to first analyze the larger charts to know the trend then use the lower charts for the regular scalping towards the main trend of the market. In this light, multiple timeframes are the best for it in my experience.

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November 28, 2023, 04:25:40 AM
 #68

When I come home from work and take a break and I feel bored, sometimes I will go into the market and watch the market for some time. And when you see there are types of coins that are currently in a good upward trend. So I sometimes try to scalp several positions until I get some small profits. But I will not continue my scalping after I have made some profits. Because I know that I sometimes lose control when I am too greedy in wanting profits. After that I could sleep soundly.

But my first experience in scalping didn't go well. I only found myself increasingly filled with emotion due to the greater pressure of the fast trade. Because before I didn't understand how to control emotions in trading. But I was told that it is not good to continue trading after making several profits in a day. because if we continue, greed will take over our minds. So it happens a lot among scalpers. They win in 2 to 5 positions. But when they want more profits and try to place the 6th entry for scalping then that's when losses come to them and in the end all the profits they get from positions 1 to 5 will end up in position 6 or 7. I think about this is very familiar at many people.

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Hamphser
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November 30, 2023, 03:28:48 AM
 #69

Scalping, trading on short-term time frames, can be a profitable but also risky strategy. People who successfully scalp usually have a high level of experience, strategic thinking and quick reactions. However, trading on longer time frames requires patience and analytical skills. In general, here and now - this is scalping; basically, of course, everyone uses this strategy on futures.
Scalping is not only a short-term trading strategy but emphatically the shortest-term trading strategy that traders without very good scalping skills and patience can not excel in. This is actually beyond merely gaining a high level of experience but being able to know the scalping code, have the will, energy and time for it, and also have your own scalping plan and sticking to this plan. As easy as these points could be, many have not been able to fulfil them, and some people who fulfilled them for a while later renege from them. To be candid, scalping is not easy, and this is why people are avoiding it, it's so demanding, and the shorter the term of the trading strategy you are using, the riskier and more stressful it will be. That is how scalping is, but with the right level of mindset and determination towards it, I believe the trader will be successful.

And guess what? The money that could be made in scalping is more than any other trading strategy you can think of, which is why successful scapers are the richest traders in the world. They enter the market many times in a day and get to do this with big risks/lots and opt out pretty fast, repeating the process multiple times in a day for more success to be made. So, this is no joke, they are rich because they could go through the stress which I believe is worth it.

You also have a point with the short timeframe by scalpers, but in my scalping experience, it's beyond that. Although short timeframes are still being used, yet the most successful scalpers do scalp the trend of the market mostly. For this, they get to first analyze the larger charts to know the trend then use the lower charts for the regular scalping towards the main trend of the market. In this light, multiple timeframes are the best for it in my experience.
When we do talk about scalping then this would really be trading about on 1m-5m-15m trades or even on 4h.It would really be basing up on what kind of trader you are in speaking about taking risks.

I have able to experience on how to scalp on which i did make some technical analysis and putting up SL's on 15m timeframe. The main consideration you would be needing is on having that good entry point.
Yes, it might sounds easy but doing things is never been simple. You would really be that too active or attentive on making exits whenever you do see profits and since crypto is really that too volatile
then scalpers do usually fucked up on the time that price swings on huge percentage or making those long red candle sticks.

If you could be able to find out that you are doing well when it comes to scalping then its good because honestly this is type of trading which is the hardest
method, there's no way you could easily be able to spot on where prices could go.

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November 30, 2023, 04:57:09 AM
 #70

But my first experience in scalping didn't go well. I only found myself increasingly filled with emotion due to the greater pressure of the fast trade.
[...]
That's exactly what I wanted to write. In my opinion, scalping is very close to gambling, you can almost as well bet on red or black in a casino. Such short time frames can never be predicted, and if you have the bad luck that the publication of positive or bad news falls exactly in the time frame, you can lose massive amounts of money, as many scalpers also work with leverage.

But I know the feeling you describe. The high sequence of trades in a relatively short period of time makes it very easy to get the feeling that there is more to be gained and you become much more risk-averse than with standard trades in longer time frames. Only very few of us manage to keep a cool head here - especially when the trades go badly:


Source

Incidentally, scalping is also very popular with all the YouTube traders, as they can offer their viewers significantly more action. Of course, you never see the incredible number of failed scalping attempts.

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November 30, 2023, 05:17:43 AM
 #71

When we do talk about scalping then this would really be trading about on 1m-5m-15m trades or even on 4h.It would really be basing up on what kind of trader you are in speaking about taking risks.
You are very correct, the kind of trader you are matters, but I don't think if you want to scalp by solely using a specific timeframe you will be needing the 4H chart for the purpose, the time is too large unless you combine timeframes.

That will be a waste of time as that would often be giving you the signal of what will be happening in more hours, not the immediate that you need.

Quote
I have able to experience on how to scalp on which i did make some technical analysis and putting up SL's on 15m timeframe. The main consideration you would be needing is on having that good entry point.
That's nice 15M is still good for scalping once you have practised how best to use it. Mind you, when you are thinking of the entry-level in scalping, be equally thinking of the exit levels as well. This is important for a balanced trading result, and the best exit plan could be more important at times.

Quote
there's no way you could easily be able to spot on where prices could go.
This is because you do not know how to trade correctly. I know where the market trend always lines and I know when there are consolidations which is often the warning for me not to trade or else I will only be gambling at that moment.

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November 30, 2023, 05:56:48 AM
 #72


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 is one of the risky but the profit is fast and they only trade in minutes
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December 01, 2023, 09:48:31 AM
 #73

Notebooks can help us to record mistakes or events that occur, so that we can look at them afterwards to remind us, for example, of something we shouldn't do, and sometimes even though we have written it down and read it, we sometimes still make the same mistakes, and this is basic human nature. . However, if we can manage it, it will not only have an impact on our way of trading, but will also carry over into real life, we will be wiser in facing life.
Indeed that mistakes can still occur sometimes and I think it's fine as long as most of the times we are doing the right thing. That should be enough as a compensation. It is only wrong if we use the " it's a human thing " as an excuse and will not try hard anymore in order to improve our selves. Better if we quit the risky activity that we do like for example trading because it will only help us to become more poor or problematic later on, if not now.

It is true that what we do on a certain thing, will also have impact on our general life, but if we already know our characteristics, it'll be easier for us to decide as well if we will venture this or that thing.

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December 02, 2023, 02:51:31 PM
 #74


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

I have also tried this scalping before, but you will really need to monitor it from time to time, especially if your timeframe is 5–15 minutes. Often, even when there is an opportunity, the movement of the candlesticks on the chart is too gentle. The risk is really quite high.

But even so, you can really eat from scalping as long as the altcoins you are going to make a trade with are right, but at the moment it is done in 15–30 minutes if the time frame is daily, and at least so far, the market is a little bit unstable, although there is a chance that it will suddenly pump up and then also dump temporarily to liquidate.

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December 02, 2023, 06:20:58 PM
 #75

Scalping, trading on short-term time frames, can be a profitable but also risky strategy. People who successfully scalp usually have a high level of experience, strategic thinking and quick reactions. However, trading on longer time frames requires patience and analytical skills. In general, here and now - this is scalping; basically, of course, everyone uses this strategy on futures.
Scalping is a short term trading pattern we can use to catch some profits. If we want to make money from the market, we need to understand how trading really works especially different kind of ways we can trade the market. This will help us to understand the kind if taders that we are and guide us to stay on our lane without cross carpeting. Crypto market is profitable if we know how to trade whether for a long term or short term and make profits from the market.









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December 04, 2023, 09:06:28 PM
 #76

Scalping, trading on short-term time frames, can be a profitable but also risky strategy. People who successfully scalp usually have a high level of experience, strategic thinking and quick reactions. However, trading on longer time frames requires patience and analytical skills. In general, here and now - this is scalping; basically, of course, everyone uses this strategy on futures.
Scalping is a short term trading pattern we can use to catch some profits. If we want to make money from the market, we need to understand how trading really works especially different kind of ways we can trade the market. This will help us to understand the kind if taders that we are and guide us to stay on our lane without cross carpeting. Crypto market is profitable if we know how to trade whether for a long term or short term and make profits from the market.
People need to decide early on what kind of trader they want to become, and this is because even if the tools all traders and investors use are the same, the way to use them differs among them, with scalpers being the ones that need the fastest reaction time and the ability to implement their strategy almost instinctively, and it should be obvious that a newbie trader regardless of how good they could be will not be able to implement their strategy that way when they are just starting to trade.

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December 04, 2023, 09:26:21 PM
 #77

Scalping, trading on short-term time frames, can be a profitable but also risky strategy. People who successfully scalp usually have a high level of experience, strategic thinking and quick reactions. However, trading on longer time frames requires patience and analytical skills. In general, here and now - this is scalping; basically, of course, everyone uses this strategy on futures.
Scalping is a short term trading pattern we can use to catch some profits. If we want to make money from the market, we need to understand how trading really works especially different kind of ways we can trade the market. This will help us to understand the kind if taders that we are and guide us to stay on our lane without cross carpeting. Crypto market is profitable if we know how to trade whether for a long term or short term and make profits from the market.
People need to decide early on what kind of trader they want to become, and this is because even if the tools all traders and investors use are the same, the way to use them differs among them, with scalpers being the ones that need the fastest reaction time and the ability to implement their strategy almost instinctively, and it should be obvious that a newbie trader regardless of how good they could be will not be able to implement their strategy that way when they are just starting to trade.
Somewhat it doesnt really need to rush up on what kind of trader you are because you would eventually be able to find out for yourself which one or kind of method or trader you are
basing up with your own skills and on how well you do able to handle yourself within this market. It cant really be that so easy or something that would be so simple but you wouldnt really be able to know
unless you do try. Scalping is never been easy yet you would really be needing to deal up with the price movement on very active manner on which knowing the market or simply crypto space doesnt really always
work when it comes to technical approach on which means that you would be needing to make out adjustments if needed. You would really be also be needing to be that emotionally stable when it comes to
trading because dealing up with volatile price is never been that simple or something that anyone could really be able to do. Cant really be denied that the most fastest way on making profits
on trading is scalping or something that do speak or talk about short trade. You would be dealing up with fast executions of position whether buy or sell and this is why you would be needing
up that kind of skills and experience towards the market or else, you would really fall short into this one.

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December 18, 2023, 05:59:26 PM
 #78

Scalping is a short term trading pattern we can use to catch some profits. If we want to make money from the market, we need to understand how trading really works especially different kind of ways we can trade the market. This will help us to understand the kind if taders that we are and guide us to stay on our lane without cross carpeting. Crypto market is profitable if we know how to trade whether for a long term or short term and make profits from the market.
Profits brings motivation and happiness while losses brings sadness and frustration. Crypto market doesn't give us what we anticipated but it's volatile and not all projects can work out to be really good and promising, we should lower our high hopes on the market and shorten our expectations. Scalpers are the set of traders that concentrate on scalping because it's consider a trade within small range of time, for instance a scalper can scalp good entries and before or within 5 minutes of trade, he or she is already done. Is simple as that.

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December 19, 2023, 07:23:31 AM
 #79

In my opinion, scalping is very close to gambling, you can almost as well bet on red or black in a casino. Such short time frames can never be predicted, and if you have the bad luck that the publication of positive or bad news falls exactly in the time frame, you can lose massive amounts of money, as many scalpers also work with leverage.

But I know the feeling you describe. The high sequence of trades in a relatively short period of time makes it very easy to get the feeling that there is more to be gained and you become much more risk-averse than with standard trades in longer time frames.
It's definitely a quick method, but you could also bot it as well. Scalping is the most epic form of trading bots, since it requires you to be quick, and since a bot could make a thousand bets a day, it works. Just imagine a bot, that buys, and puts trading fees on top of it, and sells just 0.1% profit after all expenses.

It doesn't just buy 1000 dollars worth and sells 1001, it adds the trading fee and the sorts as well, so maybe 1002 or 1003 whatever the costs are, but it's still not huge. So it keeps doing that, you tell it to do it with 100 pairs, and keep doing that all day everyday. On a green market day it could make over hundred trades, maybe over a thousand trades that could be profitable, but on a bear market it will buy and hold until it recovers and loses a lot more.

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December 19, 2023, 03:10:11 PM
 #80

Scalping is one of trading kinds prefer for taking profit in short term without holding for long term, its not easy for adapting scalping trading kinds because price of some coins unpredictable exactly in short time will up or down. I don't sure with some trader have motivation with scalping trading due their target how to get or ear profit above 20% and difficult to earn with scalping trade method.
In scalping trading don't be greedy and take profit when price up around 5% as maximum raise and have prepare for cut loss feature when price suddenly dump, scalping have try with earn profitable consistency every day although with few percent earn.

It doesn't just buy 1000 dollars worth and sells 1001, it adds the trading fee and the sorts as well, so maybe 1002 or 1003 whatever the costs are, but it's still not huge. So it keeps doing that, you tell it to do it with 100 pairs, and keep doing that all day everyday. On a green market day it could make over hundred trades, maybe over a thousand trades that could be profitable, but on a bear market it will buy and hold until it recovers and loses a lot more.
I don't think like this, seems if you have $1000 capital and want to get scalping trade must earn profit around 3% or 30$ for efficiency with trading fees around $2 to $3 and still get profitable. But if only earn profit under $10 I don't think enough because have to pay fees when buying and selling altcoin or bitcoin fund.

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