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Topic: Best future type of trading - page 2. (Read 241 times)

sr. member
Activity: 2366
Merit: 332
February 26, 2022, 09:34:25 AM
#11

A traders should not also focus only on scaling, they can open a position for scalping, but it can still go wrong, but there should be a defense in such a way even if the scalping do not favor them, they still know the market is most likely to go in the direction chosen, then turning it to day trade or swing. But if this is not done rightly, it would have been better for a trader to just close trade after losing some amount of money in few minutes but depending on the RSI.

You don't look like understanding what scalping is. It is usually between 1 to 15 minutes kind of trade and you know the market is very volatile. On a very good day, a scalper may not use stoploss or is not able to set it on after entering for the trade because of volatility. If a scalper get it wrong I think the best is to close the lose because if allow a losing market to roll on it may happen against the trend and that can roll out the balance of the trader.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
February 26, 2022, 06:41:39 AM
#10
A scalper choose that because not to stay longer in the market and goes for small pips but it depends on the one best for your emotions, scalping is risky because the little time you enter the market can be a nightmare and you can not use stoploss.
What most traders that are getting it wrong are doing is because they enter market at the wrong time, most just are doing it like they are gambling but thinking they are trading, for scalping, it is good for traders to make use of trading indicators and drawing lines to make sure to enter in the right time.

A traders should not also focus only on scaling, they can open a position for scalping, but it can still go wrong, but there should be a defense in such a way even if the scalping do not favor them, they still know the market is most likely to go in the direction chosen, then turning it to day trade or swing. But if this is not done rightly, it would have been better for a trader to just close trade after losing some amount of money in few minutes but depending on the RSI.
sr. member
Activity: 2366
Merit: 332
February 25, 2022, 11:46:11 AM
#9

I am beginning to think scalping is very risky unless the market price of a coin has increased significantly and you short it, or decreased significantly and you long it. Which trading type is most profitable for you, is it scalping, day trading or swing trading?

Scalping, day trading or swing are all for different purpose and different plans. You understand swing watch for long time while scalping or day trading is for shorter time.

A scalper choose that because not to stay longer in the market and goes for small pips but it depends on the one best for your emotions, scalping is risky because the little time you enter the market can be a nightmare and you can not use stoploss.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
February 25, 2022, 11:38:19 AM
#8
Let us assume there are 3 types of trading, which are:

  • scalping trading
  • day trading
  • swing trading

These type of trading js applied while trading future derivatives. I assume for liquidation not to occur, I am using bitcoin for this purpose, altcoins price can be too volatile. Or we should use nothing more than 1x leverage for altcoins, but using 2x or 3x for bitcoin.

Although, I personally use bitcoin when I have lost too much even with 3x leverage while trading altcoins, I changed it to bitcoin because it makes liquidation harder and more impossible unless the market is extremely volatile which is not usually the case but it can happen.

That is my opinion, we all have different opinions about trading, taking your opinion into this in future market, which trading type have you been able to make profit.

I am beginning to think scalping is very risky unless the market price of a coin has increased significantly and you short it, or decreased significantly and you long it. Which trading type is most profitable for you, is it scalping, day trading or swing trading?

I have done day trading many times but I am mostly into swing trading and yes you are correct that altcoins with more than 2x involves higher chances of liquidations.
I have faced some liquidations myself and lost some amount of money due to futures. I think spot trading is good for me.
Scalping requires frequent trades on a short time interval since crypto is volatile I didn't even think of doing scalping here.
sr. member
Activity: 2016
Merit: 283
February 25, 2022, 10:50:51 AM
#7
These type of trading js applied while trading future derivatives. I assume for liquidation not to occur, I am using bitcoin for this purpose, altcoins price can be too volatile. Or we should use nothing more than 1x leverage for altcoins, but using 2x or 3x for bitcoin.

Although, I personally use bitcoin when I have lost too much even with 3x leverage while trading altcoins, I changed it to bitcoin because it makes liquidation harder and more impossible unless the market is extremely volatile which is not usually the case but it can happen.

Using higher leverage in future trading is literally not safe mate even 1x or 2x leverage it still the same especially if you don't have good strategy and risk management because surely there's always a chance to be liquidated afterwards.

So better to choose a good strategy and proper risk management to prevent liquidation..

I am beginning to think scalping is very risky unless the market price of a coin has increased significantly and you short it, or decreased significantly and you long it.
Actually you can do short and long trade even there's no significant increase or decrease in the market wherein its called quick scalp..  
But most traders that i know they are using higher leverage to still become profitable on that way.

Which trading type is most profitable for you, is it scalping, day trading or swing trading?

Actually all of them are very profitable strategy. And what makes them different is the required time to trade in the market.
Scalping - even 1 hour everyday is enough
Day trading - the name can tell
Swing trade-  it depends because sometimes it take days or weeks
full member
Activity: 1292
Merit: 101
Vave.com
February 25, 2022, 08:00:39 AM
#6
I still believe in the best day trading because that's where I make a lot of profit, we do have different views about what kind of trade is the best but I think it's all the same as long as we do it consistently and learn more about what kind of trading technical we will do.
everything is the same in my opinion but I myself have been doing day trading for a long time, and I am comfortable with the trades I do.
We all know that trading is tough way of earning on crypto .There are many tricks and strategy we have but as you said you are comfortable with day trading .I don't do day trading cause its need huge amount of capital though it is profitable but too risky as well .If you fail to apply your entry and exit you may face huge amount of losses .So that's why i ignore this strategy but suggest to learn every tricks if its suit with you .I follow mostly the news trading when there is something huge update with the project we may get a good trend and earn much .You also can try this if its make you profitable .I don't say invest on this trick but you can research it if it works for you .
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
February 25, 2022, 07:12:58 AM
#5
I rather scalp because I know I am not patient enough to day trade or swing to the next day. Since I scalp I don't go above 1x leverage keeping my profit margin very thin so that Incase I'm at a lose there will always be a retracement so I can quickly take profit and in those cases I avoid greed. I rather take $0.5 than loss everything
full member
Activity: 854
Merit: 130
February 25, 2022, 07:06:48 AM
#4
Have not been heavily involved in trading and at that, I have only tried day trading and to some extent, I have realized day trading is less risky and has minimal leverage, one will need to develop and stick to an accurate trading strategy.

I have not tried scalping so I can not speak on that according to what I have read from your statement that strategy involves high risk and requires advanced trading skills that most beginners understand.
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
February 25, 2022, 05:54:15 AM
#3
I still believe in the best day trading because that's where I make a lot of profit, we do have different views about what kind of trade is the best but I think it's all the same as long as we do it consistently and learn more about what kind of trading technical we will do.
everything is the same in my opinion but I myself have been doing day trading for a long time, and I am comfortable with the trades I do.
legendary
Activity: 1904
Merit: 1563
February 25, 2022, 04:46:44 AM
#2
[..snip..]
I am beginning to think scalping is very risky unless the market price of a coin has increased significantly and you short it, or decreased significantly and you long it.
Scalp traders are dealing with Low Time Frame (LTF) that are full of noise which could cause the difficult to ascertain the direction of the market, thus making it extremely risky for someone who is not experienced enough with the volatility of the market has to offer.

You need to have a system that could give you a nearly accurate entry and exit to exploit the volatility effectively which makes scalping risky and difficult to master. Not only that, since it deals with a lower time frame, you should expect that you are most likely to miss bigger gains as compared with gains from Swing or Day Trading.

Nonetheless, your trading strategy still depends on your schedule and the status of the market..so maybe being flexible to any type of trading would be very beneficial for you. In fact, there is no one size fits all type of trading as every type of trading correlates to one another.

tl;dr - Scalping isn't beginner friendly and you are most likely to miss bigger gains as compared with swing and day trading. It also depends on your schedule and every type of trading correlates to one another.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
February 25, 2022, 04:08:21 AM
#1
Let us assume there are 3 types of trading, which are:

  • scalping trading
  • day trading
  • swing trading

These type of trading js applied while trading future derivatives. I assume for liquidation not to occur, I am using bitcoin for this purpose, altcoins price can be too volatile. Or we should use nothing more than 1x leverage for altcoins, but using 2x or 3x for bitcoin.

Although, I personally use bitcoin when I have lost too much even with 3x leverage while trading altcoins, I changed it to bitcoin because it makes liquidation harder and more impossible unless the market is extremely volatile which is not usually the case but it can happen.

That is my opinion, we all have different opinions about trading, taking your opinion into this in future market, which trading type have you been able to make profit.

I am beginning to think scalping is very risky unless the market price of a coin has increased significantly and you short it, or decreased significantly and you long it. Which trading type is most profitable for you, is it scalping, day trading or swing trading?
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