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Topic: Scalping (Read 704 times)

legendary
Activity: 3080
Merit: 1131
March 28, 2024, 02:41:38 PM
#95
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 term greed in trading is relative, you can't just conclude it for a whole trading system, and it depends on the person using the system and this is in relation to what the person does with the trading system as it is in other trading systems

Scalping is a trading system that is hyperactive on its own, this is because it requires the trader to catch regular market opportunities with a large risk in the shortest time possible. By virtue of this, successful scalpers will always make more money than regular traders.

The greed now depends on the trading plan of the trader. If such renege from the plan to earn more, then you can call it greed.

You know I'm really impressed with the scalpers who get profit in the trading exchange, especially in the timeframe of 1 minute or 5 minutes. Sometimes I wonder how they do it, and I know because it's really hard to do what they do. It's not really possible for those who don't know, and it's not possible on a lucky basis.

Then you must monitor your desktop monitor from time to time. That's why I salute the scalpers; that's why I'm not at that level yet because it's hard to do.
I would really be treating this to be more risky rather than on futures trading on which dealing up with price volatility on a minute or an hour for them to scalp on which this is something that not everyone
could be able to pull through. Actually or honestly this is something a skill that i do really like to learnt up and i have been testing it out but it seems that this isnt for me. Daytrade or swings is something that i could handle
but not into those minute based kind of opening and closing kind of trade. So this is something that wont really be something simple that for you to learn but of course its not impossible.
It would really be just depending on how someone would really be that serious on learning it but of course this wont really be simple and it would be taking up some time.

You would really be needing to deal up with volatility on which this do involves in a short span of time and this is something that you cant really be able to
handle it out easily.
sr. member
Activity: 1316
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
March 28, 2024, 12:42:59 PM
#94
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 term greed in trading is relative, you can't just conclude it for a whole trading system, and it depends on the person using the system and this is in relation to what the person does with the trading system as it is in other trading systems

Scalping is a trading system that is hyperactive on its own, this is because it requires the trader to catch regular market opportunities with a large risk in the shortest time possible. By virtue of this, successful scalpers will always make more money than regular traders.

The greed now depends on the trading plan of the trader. If such renege from the plan to earn more, then you can call it greed.

You know I'm really impressed with the scalpers who get profit in the trading exchange, especially in the timeframe of 1 minute or 5 minutes. Sometimes I wonder how they do it, and I know because it's really hard to do what they do. It's not really possible for those who don't know, and it's not possible on a lucky basis.

Then you must monitor your desktop monitor from time to time. That's why I salute the scalpers; that's why I'm not at that level yet because it's hard to do.
hero member
Activity: 644
Merit: 592
Leading Crypto Sports Betting & Casino Platform
March 28, 2024, 04:44:53 AM
#93
Scalping is also a type of trading and it can be called full trading.But it is very risky.Many people do it and profit from it.But it is a high risk process.It is not for beginners at all.It is high risk for those who have been trading for a long time.So I would personally advise to stay away from scalping.
Yes, I accept that if it is full-time trading you are attributing scalping to in your first sentence, and some people are scalping actively all day long. This is one of the reasons why I do not like the trading strategy, it is so demanding and could be tiring, and the risk is also there to say a few. Although it is all about how you plan your scalping trading system and it could even be good for those traders who are busy with their daily jobs, they might scalp when they close for work, and if it is just an hour or two, they can make a good income if they are good at it and also lucky to meet a favourable market condition at that time.

One thing that is certain about scalping which many traders say less of is that it is the trading strategy that can earn the most money for traders. So long as you know how to trade it and also manage your way out in it, you can become thousandaire in hundreds of it in a very few months in terms of the profits you gain from it excluding the capital. But note that it will stress you.

I think I should even revisit scalping these days, it was a heck kind of strategy the last time I tried it. I made money but the stress was too much.
sr. member
Activity: 1106
Merit: 421
March 28, 2024, 03:32:16 AM
#92
Scalping is also a type of trading and it can be called full trading.But it is very risky.Many people do it and profit from it.But it is a high risk process.It is not for beginners at all.It is high risk for those who have been trading for a long time.So I would personally advise to stay away from scalping.
full member
Activity: 196
Merit: 123
March 28, 2024, 02:42:38 AM
#91

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

To me scalping is just a pattern of trading just as any other pattern, and all of them have their own advantage and disadvantages, but to me what I think that is important is knowing the craft and how to react to what the market is giving you, not what you feels like will play out.

And while scalping it's very important that your decision making will be very swift and spot on so as not to miss any opportunity that comes begging, so what am trying to say is that no matter the system we are using to trade, all of them are ok, as long as we actually knows what is required of us, for we to succeed in the market.
newbie
Activity: 0
Merit: 0
March 27, 2024, 12:46:14 PM
#90
Scalpers aim for short durations, day traders extend slightly, while swing traders hold positions for an extended period. Transitioning between these styles based on market conditions and personal experiences is common.
sr. member
Activity: 854
Merit: 262
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December 24, 2023, 10:56:41 AM
#89
If you want to become a scalper in the crypto industry, you must know the majority of trading in the crypto space field. You can't just know the basics here. Because being a scalper can be considered a profession. That means it's really a job to say this.

You should know that most of the tool indicators are used here, including the common ones such as timeframe, candlestick, fibonacci, and support resistance. You should also know when there will be a breakout in a coin that you will trade.
Scalping is the shortest way to make profits from the market as a trader. This is what most traders do to take some fractions of quick profits from the market. Most time to scalp, it all depending on leveraging with stop lose. The leverage is what will increase our chances to make money money from the market with smaller trading capital. Greed is one to the ways we can lose money as a scalper.
Many that had greedily traders with high leverage thinking they will make profit quickly left the market because of small drawback.
sr. member
Activity: 2170
Merit: 273
Vave.com - Crypto Casino
December 24, 2023, 05:09:53 AM
#88
My luck is not very good in scalping trading, sometimes I suffer losses because I lose quickly with bots, the weakness of scalping is that it requires sufficient capital, because with a little capital you only have to pay transaction fees, apart from that, a smooth device is really needed.
sr. member
Activity: 1316
Merit: 268
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December 24, 2023, 04:29:52 AM
#87
If you want to become a scalper in the crypto industry, you must know the majority of trading in the crypto space field. You can't just know the basics here. Because being a scalper can be considered a profession. That means it's really a job to say this.

You should know that most of the tool indicators are used here, including the common ones such as timeframe, candlestick, fibonacci, and support resistance. You should also know when there will be a breakout in a coin that you will trade.
hero member
Activity: 1148
Merit: 518
December 22, 2023, 02:44:05 PM
#86
it could be said like that. However, trading too often will break our focus and lead to greed. Scalping is not wrong if it is not too much at one time, but of course it will reduce our focus and our sense of relaxation because we want to get profits quickly. There must be 1 or 2 times that result in losing in trading. Usually people who understand managing risk will not have their assets destroyed because of this.
Breaking our rules and trading have repercussions. Before triggering a trade, we should know we're not able outperformed the market, we only trade to secure our daily income and probably scalp to ensure our profits are maximized. Risk management will save most of us from the uncertainty and pressure from the market, we become more relaxed and ready to kick on to the next phase. Scalping favours those set of traders that knows how the market operates, they gained experience and will do anything, more like crucial findings to accumulate significant profits in the system.
hero member
Activity: 2814
Merit: 526
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December 19, 2023, 05:22:46 PM
#85
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
Greediness is a part of human behavior and there is nothing related to scalping. Scalping takes lot of preparation because you are against the time and sometimes you can get quite decent profit hence makes the traders are chasing more winnings thus the greediness leads them to losses. I've tried scalping by myself and it does give you a decent profit if you know when to stop, your good day is not last forever.
hero member
Activity: 644
Merit: 592
Leading Crypto Sports Betting & Casino Platform
December 19, 2023, 04:08:45 PM
#84
it could be said like that. However, trading too often will break our focus and lead to greed. Scalping is not wrong if it is not too much at one time, but of course it will reduce our focus and our sense of relaxation because we want to get profits quickly. There must be 1 or 2 times that result in losing in trading. Usually people who understand managing risk will not have their assets destroyed because of this.
Let me say you are right but the clarity is not there, scalping will not give you that rest like other trading styles because you will always be looking for trades This is the price scalpers must pay since it's the trading strategy that is most profitable as long the trader understands it well. Also, trading frequently doesn't always amount to losses, and as a scalper, you must trade frequently to be able to gain from it. It is only when the scalper is gambling or trading amiss that will call for caution as it could amount to losses. But for the scalper who knows what he is doing and does it with good managerial skills included, there is no how he can ruin his account even if he makes 100 trades in a day. One thing about scalping is that it doesn't encourage excessive drawdowns, a smart scalper will never trade without the use of stop loss, a tight one for that matter, and if he ever did, he would not be careless with the closing of his trades immediately that an opposite signal is confirmed.

That means danger. Generally, I see this as a very smart way to trade and manage one's account, but it could be so stressful and exhaustive. Although it doesn't force you to spend all day trading, it's your choice as some scalpers can spend a few hours a day and will be contented. I have scalped for quite several years, but it is not my thing if must say, I like to be independent of my PC screen as often as possible. Thankfully, other trading strategies can do the same for me, which is why I abandoned scalping a few years ago.
sr. member
Activity: 2254
Merit: 256
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December 19, 2023, 02:28:00 PM
#83
it could be said like that. However, trading too often will break our focus and lead to greed. Scalping is not wrong if it is not too much at one time, but of course it will reduce our focus and our sense of relaxation because we want to get profits quickly. There must be 1 or 2 times that result in losing in trading. Usually people who understand managing risk will not have their assets destroyed because of this.
hero member
Activity: 2688
Merit: 625
December 19, 2023, 02:24:05 PM
#82
Those who take trading as their profession or those who take trading very seriously, trade with the understanding that they may lose money just as much as they will gain from trading. Sometimes it is seen that the market changes a lot in a short period of time and many traders can make profit in a short period of time and sometimes it is seen that even after waiting for a good period for a long time the market cannot reach a good condition. A trader must know enough about trading before trading. The more a trader knows about the market, the less likely he is to lose, but whenever a trader goes into trading without knowing the market, he will definitely face losses. Candle observation and candle movement must be tried to identify only then good amount of profit can be gained by trading.
There would really be indeed those people who do really love on seeing profits on short term and this is why they would really be having plans on trying out to scalp prices with these movements.
Some could be able to do it and this is something a skill and a little bit mix of luck when it comes to this kind of method. Not everyone does have the guts on trying out to deal up with this market
when it comes to snipping out with those profits even on those minimal changes of price. This method or way of trading isnt really that could be seen in crypto but rather this had been long time existing
and been used on traditional markets that we do have.

The good thing in dealing up with crypto is that these movements are really that preferable considering that they are really making those number differences to be that relevant
considering that snipping or making out scalping is really that much more effective or could give out that opportunity on making some profit if you do really know on what
you are doing. There are ones who would really be able to make it but we know that its not for everybody.
sr. member
Activity: 1190
Merit: 296
December 19, 2023, 02:13:15 PM
#81
Those who take trading as their profession or those who take trading very seriously, trade with the understanding that they may lose money just as much as they will gain from trading. Sometimes it is seen that the market changes a lot in a short period of time and many traders can make profit in a short period of time and sometimes it is seen that even after waiting for a good period for a long time the market cannot reach a good condition. A trader must know enough about trading before trading. The more a trader knows about the market, the less likely he is to lose, but whenever a trader goes into trading without knowing the market, he will definitely face losses. Candle observation and candle movement must be tried to identify only then good amount of profit can be gained by trading.
sr. member
Activity: 2016
Merit: 281
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December 19, 2023, 11:10:11 AM
#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.
legendary
Activity: 2520
Merit: 1073
December 19, 2023, 03:23:31 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.
hero member
Activity: 1148
Merit: 518
December 18, 2023, 01:59:26 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.
legendary
Activity: 3094
Merit: 1127
December 04, 2023, 05:26:21 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.
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
December 04, 2023, 05:06:28 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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