Author

Topic: Scalp trading vs. Swing trading, which is your style? (Read 302 times)

full member
Activity: 1218
Merit: 112
Scalp trading is very risky, if you are using a leveraged exchange and it is also not for inexperienced traders. I have done scalp trading for some time, but not successful in it, as i didn't have any previous experience.
legendary
Activity: 2240
Merit: 1069
Mostly swing trading but there are time when scalping is a better choice. I say I do both depending on the needs of the trend or my availability. Scalping needs immediate attention that I cannot always have. But when I do have time for it, I prefer scalping.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Quote
I think Bitcoin's volatility is more suited for scalp traders to make timely quick bucks.

traders have different style or techniques on making a trade and it suits for everyone depending on how time they could spend on doing trades as we all know scalp trading needs quick exit and it requires more time for monitoring your coin and it'll suit you if have much time for that.

Quote
On the other hand, not sure swing trading is any good especially because when the bull run starts, a swing trader can be confused on where to exit the market to maximize profit.

I don't think so, as long as you have a target price you already know where to exit the market. a good trader always have plan to follow.
member
Activity: 476
Merit: 12
Even if you are scalp trader or swing trader until you get a profit then go because both are profitable its depend on the people who take in trading industry like me I'm a day trader I use a 4hrs to 1hr time frame when doingtrading not all my trade are win theres also a lose.
legendary
Activity: 1526
Merit: 1179
Holding is still the most reliable means of investment and it is less risky unlike short term trade, although short term trade could really be more profitable especially when you are practicing bot, I mean long term investment and short term trading.
I don't see why people constantly force themselves to choose one option over the other, while you can easily do both long term hodling and short term trading at the same time. It requires zero extra effort.

I am not trading that much, but I allocated 10% of my total stash to short term speculation and the other 90% stays in my cold wallets for many more years. 10% is what I consider to be a pretty safe allocation to speculate with.

I know some people who use like 50% of their total holdings to speculate with, but that's just crazy--the greed here can and will likely do more harm than good during a losing streak.
copper member
Activity: 1204
Merit: 737
✅ Need Campaign Manager? TG > @TalkStar675
Both of the trading style is profitable just one thing make the main difference and that is the amount of time. If traders have enough time to engage and concentrate on trading then he can make handsome profits easily. For a new trader its always a wise decision to start the trading journey by swing trade. After getting vast experience about trading strategies you can easily start scalp trading.

 
full member
Activity: 658
Merit: 117
Quote
both are profitable depends on the situation you cannot do the same thing properly for a long time because the current situation decides which will be better so you need to adapt yourself for the current trend then only the profit is possible to make here.

This I agree with, with volatility comes different trading strategies, besides there isn't a one-size-fits-all in crypto, what may be applicable to one particular altcoin may prove to be utterly useless horizontally.
full member
Activity: 602
Merit: 111
I think Bitcoin's volatility is more suited for scalp traders to make timely quick bucks. On the other hand, not sure swing trading is any good especially because when the bull run starts, a swing trader can be confused on where to exit the market to maximize profit.

Any credible handbook on scalp or swing trading exclusive to cryptocurrencies, especially for the top 10 cryptos?
both are profitable depends on the situation you cannot do the same thing properly for a long time because the current situation decides which will be better so you need to adapt yourself for the current trend then only the profit is possible to make here.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Not interested in either form of trading honestly since I prefer HODLING over the long term instead of short term trades. I did experiment with both forms though and preferred scalp over swing since I lost less money this way and this risk factor seemed to be lower in this case.
Holding is still the most reliable means of investment and it is less risky unlike short term trade, although short term trade could really be more profitable especially when you are practicing bot, I mean long term investment and short term trading.

The two options the OP gave are quite a very risky one and if I am left with no choice, I think I will go for scalping. It is more profitable but it is strictly for professional traders that are very used to the trading environment. It is quite difficult to use technical analysis to decide trade in scalping and I think most involved in scalping uses intuition because of the short time involved in trade scalping.
legendary
Activity: 1652
Merit: 1483
I think Bitcoin's volatility is more suited for scalp traders to make timely quick bucks. On the other hand, not sure swing trading is any good especially because when the bull run starts, a swing trader can be confused on where to exit the market to maximize profit.

bitcoin gets less and less volatile as the years go by. manual scalping isn't worth the time and effort for me. if you have a decent bot and understand how to tweak the parameters for changing conditions, it may be a different story.

the only time i like to manually scalp is during bubble periods. during times like mid-late 2017, you can easily scalp the 1min-5min charts, buying anytime the chart is oversold (per RSI or other momentum indicator) and taking profit as you see fit.

so that makes me mostly a swing trader. when you zoom out to the daily chart and apply your risk/reward accordingly, you're less likely to get chopped up and get your stops run. then you can just ride trends or trade the range and catch the bulk of each move without putting much effort in.
member
Activity: 630
Merit: 20
Already did some scalping before. Sometimes, it is profitable with 50x leverage or up but most often times it is more risky than swing trader. You can also rely with the minutes timeframe for scalping. But now, I am more on swing trader. So far, I still gain from being a swing trader.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
There shouldn't be a term called "Scalp" and "Swing" in trading vocabulary if both are not good.

Meaning, depends on the situation people can changed gears to deal on a certain trend.

Talking about what will be my preferred style is not really on the table here as market behaviour always changed especially in crypto. The best thing to do is to test the waters and see which method will be fit in terms of short or long term approach.
legendary
Activity: 1834
Merit: 1036
It depends on how much time I have. If its my day off from my day job, I do scalp trading since it requires focus on the coin that you bought. If I am at work which is 5 days of the week, I do swing trading. One thing I notice is that I earn more if I do scalp trading, unlike swing trading, sometimes it takes a lot of time or day before I hit my goal.
full member
Activity: 810
Merit: 101
I don't know which one is better. I think it all depends on the trader. Someone will be better to trade on the scalping strategy, he will get more pleasure from it. And someone on the contrary. I prefer scalping, too.
legendary
Activity: 3094
Merit: 1127
I think Bitcoin's volatility is more suited for scalp traders to make timely quick bucks. On the other hand, not sure swing trading is any good especially because when the bull run starts, a swing trader can be confused on where to exit the market to maximize profit.

Any credible handbook on scalp or swing trading exclusive to cryptocurrencies, especially for the top 10 cryptos?
Im doing both things ive been scalping at the same time i do have some swing trades.If you are a scalper then most likely you do have the plenty of time to engage with crypto market.
I cant deny that volatility is the main reason why scalping would suit out this market due to moving prices scalping is the best one but it do really need some fast eyes and reaction times yet
crypto volatility would never be the same on forex or stocks.
member
Activity: 1204
Merit: 38
I don't know which will suitable for me I am not my own situation for the current situation with the Crypto market it will be the only thing that I have to do everything when I do that trading job and it will be the right ID also to get your profit every time.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Not interested in either form of trading honestly since I prefer HODLING over the long term instead of short term trades. I did experiment with both forms though and preferred scalp over swing since I lost less money this way and this risk factor seemed to be lower in this case.
legendary
Activity: 2702
Merit: 4002
It's up to you if you have "a lot of" time plus experience "Scalp trading" in BTC/USDT  is very profitable especially if trading between BTC and shitcoins/tokens ex:  Bitcoinus gained 28.36% last hour  Lips sealed.

Otherwise, playing from the less risky side is *especially* profitable with these fluctuations. For beginners it’s better to start with Swing trading.

My style is a long time HoDling  Tongue
sr. member
Activity: 1079
Merit: 352
it depends on the trade I made, If I got underwater on some of my trade, I become a swing trader, vice versa.

....

Joke aside, I'm kinda new to trading, I mean I just take seriously TA after all of the years.

For me, it's more reasonable for me to do just scalp if I actively trading. I know for sure that my fund already secured in BTC (not thinking much about btc price for now) because I know when I exit some of the trade, I already make a profit.

For swing trade, you just don't know if some crazy dev just left and market dump like 70%.
sr. member
Activity: 2366
Merit: 332
I think it varies especially with the trading pattern you know. If scalping is the way you profit, volatility or not wouldn't scare you because you already understand when you should take your profit.
hero member
Activity: 1666
Merit: 753
I think Bitcoin's volatility is more suited for scalp traders to make timely quick bucks. On the other hand, not sure swing trading is any good especially because when the bull run starts, a swing trader can be confused on where to exit the market to maximize profit.

Any credible handbook on scalp or swing trading exclusive to cryptocurrencies, especially for the top 10 cryptos?

It honestly depends on what resources are available to you, how much time you want to dedicate to trading, etc.

To me, even swing trading may be too short term as I'm a firm believer in the long term fundamentals of bitcoin, as opposed to trading it solely as a speculative asset. However, if I see that there is a likely overheating short term market, then I'd make a temporary move to move out a portion and get in via dollar cost averaging once prices dip again.

Small intra-day trading is simply not worth it unless you have experience, sufficient capital, and the right tools like bots to execute your trades. It's harder than what people think. In the long term, prices move due to fundamentals, which are easier to analyse in my opinion. In the short term, it's a lot more randomness, TA, and emotions.
legendary
Activity: 2506
Merit: 1394
For me, I'll go with Swing trading because I have a real life job which is time-consuming. On what I understand about scalp trading is you need to watch carefully the chart, most of the time frames you will use is the shorts time frames, like in minutes or hourly, why? So that you can easily find an entry and exit in a short period of time, that will not suit to me since I have my real full-time job.
While scalp trading is don't need too much time, you are more watching on large time frames like daily or weekly. This is for me since I can't monitor the chart from time to time.
I think Bitcoin's volatility is more suited for scalp traders to make timely quick bucks.
This is also one of my reason why I don't scalp trades, cryptocurrencies are very volatile. You can see sometimes a very long green/red wick on the chart which you can lose or earn profit sometimes, this is much worst for some traders that use a leveraged exchange, they can easily get liquidated by the volatility.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
As for me, swing trading is quite better than scalp trading. Scalping suites who can spend more time and who can focus on the market. You should be smart enough to handle stress and you won't exit the market until you gain the profit that you want. In swing strategy, you just have to observe and deal with the changes. This type of trading suites every type of trader. There are really different types of trading and there is no perfect trading as long as we are devoted and dedicated, we will gain a good reward.
member
Activity: 330
Merit: 10
I to choose  swing trading involves identifying the trend, then playing within it. For example, swing traders would usually pick a strongly-trending stock after a correction or consolidation and just before it’s ready to rise again, they exit after pocketing some profit.
full member
Activity: 658
Merit: 117
I think Bitcoin's volatility is more suited for scalp traders to make timely quick bucks. On the other hand, not sure swing trading is any good especially because when the bull run starts, a swing trader can be confused on where to exit the market to maximize profit.

Any credible handbook on scalp or swing trading exclusive to cryptocurrencies, especially for the top 10 cryptos?
Jump to: