Scalping - page 5. | Bitcointalksearch.org

promise444c5

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Quote from: shivansps on August 25, 2023, 07:52:06 AM

Scalping is also a risky business. It cannot be that a person who is engaged in scalping cannot lose money. It's just that a person who is engaged in conventional trading can make more money in one trade but also lose more. You probably meant it

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

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Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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

All types of trading become risky based on the volatility of the token you are trading regardless if it’s shirt term or long term. Scalping is very good trading strategy if the price of crypto moves along the range for certain period of time. The only time scalping become super risky is if there’s a trend on the token that will cause a sudden price movement on unknown direction since you might be caught off guard if you place a position against the thread when the news release.

Scalping in general is not bad strategy. The application is what make it looks bad because newbie trader don’t know how to properly use it.

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Quote from: jeraldskie11 on August 25, 2023, 07:38:15 AM

Quote from: Oshosondy on August 25, 2023, 03:53:43 AM

Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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 also a full trading, there is nothing called non full trading. Trading is trading.

I think Op is trying to say that scalping is not a full time trading. Well, there's a full time trader and there's a part time traders. It's up to you if which of the two wanted to be no matter what kind of trader you are but I just want to let you know that if you want to be a full time trader make sure that you're already profitable. Because if you're just new and still finding an edge, then you have to trade only part time. This is what I have learn with one of my batch, he sacrifices his job for trading because he thinks that trading can sustain his daily needs.

Scalping is the most riskiest type of trading since you only use lower time frame (1m, 3m, or 5m) for entry. You only have a couple of minutes to close the trade. So we have to be strick and stick to our plan, only trade if you see a setup in the chart, don't overtrade.

Thank you you understood me clearly. I once traded as a scalper looking for spikes market Grin

but I ended up losing it all even I made a lot from it

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Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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

Yes many people making huge money from scalping. Scalping is also full trading like day trading and hour trading. We know scalping is not too easy it is also very risky trading. When market will go your Against then it will create big loss for you. And it will be long trade there has no doubt. Many people want short time trade for profit. Scalper follow technical analysis and candlestick analysis maximum 15/30 minutes get time to complete trading. But many scalper complete trade within 1 minute to 5 minutes with 1%-2% profit. And i think future trading is best for scalping. In future trade within short time more than 5% profit possible. So most scalper like this future trade.

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Quote from: rat03gopoh on August 25, 2023, 07:18:30 AM

Scalping actually doesn't have a specific time frame used for analysis, but in general they choose the shortest possible time frame because crypto fluctuations are quite extreme, and general technical analysis advice for scalpers is a maximum of 30 minutes. The shorter the time frame, the more opportunities the scalper opens the next new positions.
Relaxed scalpers (they don't want fast mood swings) can choose longer time frames like 1 hour or even 4 hours with low leverage. This will be a full time category trade.

Someone is not mandatorily going to stay as a scalper on all the trade. Some trade can be clearly a profitable one and that person known as a scalp trader could decide to allow it run longer to maximize the profit from it but scalping itself has duration of time not more than 15-30 minutes and that is the reason it is known in trading as scalping. Anyway, in such a time that the trade is allowed to run into more profit, the scalp trader can adjust his stop loss to entry position and by doing that he is certain of not losing any money on that trade until he close his trade and he can further adjust or use trailing stop to pick profit as the trade is running.

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Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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, knowing when to get in and out of the market is the same thing as trading. If I should help you rephrase the statement, you mean that there are a lot of people who make a lot of money using the scalping strategy than those who don't. I think this is a better way to put it.

To be successful at scalping it requires a lot of experience as the trader needs to be in and out of a trade quickly and efficiently as possible profit from small price movements. It is very high risk too as you are trying to make a lot of money within like a 15 - 1 minute timeframe and the right trading pair.

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Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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

We are not expected to conclude in saying that one trade is better than the other, we are to choose the the trading types we fit in best to practice and if using anyone over time without having anything to write about, we can also change and try out others, regardless of the trading pattern you make use of, one is only bound to have either a loss or win experience, but some trading patterns we do best could actually reduce the rate we loose and increase the extent to which we earn from it.

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Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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 also a risky business. It cannot be that a person who is engaged in scalping cannot lose money. It's just that a person who is engaged in conventional trading can make more money in one trade but also lose more. You probably meant it

jeraldskie11

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Quote from: Oshosondy on August 25, 2023, 03:53:43 AM

Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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 also a full trading, there is nothing called non full trading. Trading is trading.

I think Op is trying to say that scalping is not a full time trading. Well, there's a full time trader and there's a part time traders. It's up to you if which of the two wanted to be no matter what kind of trader you are but I just want to let you know that if you want to be a full time trader make sure that you're already profitable. Because if you're just new and still finding an edge, then you have to trade only part time. This is what I have learn with one of my batch, he sacrifices his job for trading because he thinks that trading can sustain his daily needs.

Scalping is the most riskiest type of trading since you only use lower time frame (1m, 3m, or 5m) for entry. You only have a couple of minutes to close the trade. So we have to be strick and stick to our plan, only trade if you see a setup in the chart, don't overtrade.

rat03gopoh

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Scalping actually doesn't have a specific time frame used for analysis, but in general they choose the shortest possible time frame because crypto fluctuations are quite extreme, and general technical analysis advice for scalpers is a maximum of 30 minutes. The shorter the time frame, the more opportunities the scalper opens the next new positions.
Relaxed scalpers (they don't want fast mood swings) can choose longer time frames like 1 hour or even 4 hours with low leverage. This will be a full time category trade.

palle11

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Quote from: promise444c5 on August 25, 2023, 04:10:01 AM

Quote from: Oshosondy on August 25, 2023, 03:53:43 AM

[
Scalping is also a full trading, there is nothing called non full trading. Trading is trading.

Okay noted , I was just trying to differentiate can you please give me a better way to that

Scalping, day trading or swing are all types of trading but it all depends what works for you based on your strategy. The difference between them is the time on the market. Scalpers don't stay longer in the market, they desire to go out within 15 minutes but most times they end up staying longer and doing day trading and sometimes swing because the market is going against them. Trading is not easy, you have to learn, use stop loss and stick to what works for you. Therefore, a scalpe can become a day trader while day trader can become scalper or swinger because of the challenges of trading. One challenge that scalping face is that it is difficult to apply stop loss immediately while making the order because of the lower time frame, the market may bounce of the stop loss and it may not trigger except you want to use buy stop, buy limit, sell stop, sell limit etc.

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Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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.

promise444c5

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Quote from: Oshosondy on August 25, 2023, 03:53:43 AM

[
Scalping is also a full trading, there is nothing called non full trading. Trading is trading.

Okay noted , I was just trying to differentiate can you please give me a better way to that

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Quote from: promise444c5 on August 25, 2023, 03:33:18 AM

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 also a full trading, there is nothing called non full trading. Trading is trading.

Know that scalping is also still very risky. Some traders may want to scalp, if the market go against their opened position, they can tun it to day trading and they may later even lose. You can think it is what some people are saying it is and profitable, but very risky.

If you scalp rightly, you will make money though, especially if you use averaging and not going more than 5x leverage for bitcoin. Not more than 1x leverage for altcoins.

promise444c5

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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

Topic: Scalping - page 5. (Read 765 times)