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Topic: Scalping (Read 765 times)

legendary
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March 28, 2024, 01:41:38 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: 1498
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DGbet.fun - Crypto Sportsbook
March 28, 2024, 11:42:59 AM
#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
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Leading Crypto Sports Betting & Casino Platform
March 28, 2024, 03:44:53 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
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Vave.com - Crypto Casino
March 28, 2024, 02:32:16 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.
sr. member
Activity: 266
Merit: 205
March 28, 2024, 01:42:38 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: 6
Merit: 0
March 27, 2024, 11:46:14 AM
#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
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Vave.com - Crypto Casino
December 24, 2023, 09:56:41 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
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DGbet.fun - Crypto Sportsbook
December 24, 2023, 04:09:53 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: 1498
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DGbet.fun - Crypto Sportsbook
December 24, 2023, 03:29:52 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, 01:44:05 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
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December 19, 2023, 04:22:46 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
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Leading Crypto Sports Betting & Casino Platform
December 19, 2023, 03:08:45 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
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December 19, 2023, 01:28:00 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: 2730
Merit: 632
December 19, 2023, 01:24:05 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: 1386
Merit: 406
December 19, 2023, 01:13:15 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
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December 19, 2023, 10:10:11 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
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December 19, 2023, 02:23:31 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, 12:59:26 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
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Merit: 1127
December 04, 2023, 04:26:21 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
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December 04, 2023, 04:06:28 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.
sr. member
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December 02, 2023, 01:20:58 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.
hero member
Activity: 1666
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December 02, 2023, 09:51:31 AM
#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.
hero member
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December 01, 2023, 04:48:31 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.
newbie
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November 30, 2023, 12:56:48 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
hero member
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November 30, 2023, 12:17:43 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.
legendary
Activity: 2296
Merit: 2721
November 29, 2023, 11:57:09 PM
#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.
sr. member
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November 29, 2023, 10:28:48 PM
#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.
sr. member
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November 27, 2023, 11:25:40 PM
#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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November 27, 2023, 10:29:53 PM
#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 27, 2023, 09:36:03 PM
#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 27, 2023, 06:20:19 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 27, 2023, 04:23:27 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, 03:26:00 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, 01:13:38 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, 05:21:59 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 26, 2023, 04:49:44 PM
#60
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
@OP you may have seen more scalpers make more profit from the market because it can be more easier to predict short term market movements than the big moves, and that requires lesser expertise.

Scalping is the strategy to make small profits from small market movements. Scalping may interest you as a beginner in trading because of the satisfaction that small profits will be giving you then,  but as you progress and your experience increase, you will want to try setting your trade for longer time to be able to profit more from the market.
legendary
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November 26, 2023, 11:54:27 AM
#59
Scalping is suited to a certain type of product under certain conditions, specifically when you are not expecting big breakouts...

As is popular CT wisdom these days, at some point you gotta take a break from trading and start believing in something (typically referring to longer term holds for highly promising ventures).
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November 26, 2023, 09:36:35 AM
#58
Scalping is short-term trading, so analyzing it uses a small time frame, therefore complex skills are required considering that the smaller the time frame used, the greater the fluctuations will be seen, so not many traders are successful, especially for psychological matters. really determines the success of a scalper, and of course this pattern will be suitable to learn for those who have a lot of free time
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November 26, 2023, 09:06:31 AM
#57
Actually scalping is same as full trading because scalping is use as every coin for example if you want to buy a coin buy this coin in a right time and if it's up the sell it easily but this is short term trade less profit or loss because the best scalping is use in those coins which have fast movement as we can say top gainers coin in Any exchange of day trading top gainers
Scalpers are more prone to losing their capital easily as they tend to follow the fast paced market trend.
Scalping are only for those who are already know how to timing the market with less emotion, and the scalpers doesn't hold the coin/token for a long time because they tend to sell it right away with a little to no profit at all. If you are still new in crypto market, scalping can be more risky better to trade long while you are still learning, scalping is for those who can handle their emotions properly.
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November 26, 2023, 08:57:38 AM
#56

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

     -  Well, scalping is profitable as long as you have deep knowledge of cryptocurrency trading. But it's high-risk, especially for those who don't know about crypto trading. Actually, even if you know something about trading, scalping is still quite difficult to do.

So I suggest that this is not good for newbies because, for sure, their capital will be wasted in the end. There is a lot to consider in scalping, to be honest. One of these are we must know how to use the indicators in trading and more.
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November 26, 2023, 08:41:31 AM
#55
Actually scalping is same as full trading because scalping is use as every coin for example if you want to buy a coin buy this coin in a right time and if it's up the sell it easily but this is short term trade less profit or loss because the best scalping is use in those coins which have fast movement as we can say top gainers coin in Any exchange of day trading top gainers
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September 02, 2023, 07:22:55 AM
#54
so to what extent can we say someone is being greedywith his/her trade even time?? Or leverage

Imho greedy is when he risks more money he can afford to lose. As you can see, the number can vary greatly from person to person.
And from what I've seen, the most inexperienced tend to lose the most because they are affected by sentiments, they don't follow the basic rules or simply treat trading like some sort of gambling.

Okay I need everything to precise  so that any beginner reading can have more knowledge about the extent of determine greediness  in trading thanks I really appreciate your reply , I will just add this even you can afford to lose try leveraging
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September 01, 2023, 11:15:14 AM
#53
Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.
Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.

It takes a lot of time to master not only Bitcoin, but any field. Actually gaining experience is not a matter of days or months. There is no doubt that experience is not only gained by watching and reading, but the real experience starts when you actually get into the field, and start trading. Trading is not an easy task it requires a lot of hard work and time to get profit then you will be able to work as an expert trader. Both profit and loss should be taken into account in trading, if we can make profit, our one mistake can lead to our loss.Of course, it takes a long time to make a profit in any business. In the early days, most of the traders take losses in trading, but it is real experience how you control your losses, and turn your losses into profits. Of course, the newbies needs to learn here first. Those who try trading, investing or scalping on this platform without experience will be at risk of loss. It should also be understood that as easy as it looks to make a profit here, it is even easier to lose.
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August 31, 2023, 09:16:45 AM
#52

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

The major reason is greediness, scalpers is just a small price movement action that you need to grab any changes with the price make the scalpers lose their trade.

Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.
It seems obvious to me, because no one believes that he can spend several weeks or months on training and become an excellent doctor, for this he will need to study for many years, everyone understands this. But for some reason, people have a completely different idea regarding trading, it seems to them that they can spend very little effort on learning and will be able to earn a lot of money in trading, but this will not happen. Because this is the same hard work that requires a lot of knowledge and skills, so if you like it and want to make money from it, then be prepared to spend many years studying before you can become a successful trader.

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.
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August 31, 2023, 07:33:20 AM
#51
Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.
It seems obvious to me, because no one believes that he can spend several weeks or months on training and become an excellent doctor, for this he will need to study for many years, everyone understands this. But for some reason, people have a completely different idea regarding trading, it seems to them that they can spend very little effort on learning and will be able to earn a lot of money in trading, but this will not happen. Because this is the same hard work that requires a lot of knowledge and skills, so if you like it and want to make money from it, then be prepared to spend many years studying before you can become a successful trader.
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August 31, 2023, 06:35:07 AM
#50

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, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy  or sell. And you should also know which category you fall into as a crypto trader.

When we talk about the key word "category " while trading  although have dropped scalping for almost about 1tear and the half but l'm still tempt to so whenever I'm tempt I go demo so what can I use as the category here mate Smiley
I will advise you not to stay too long using demo account which can have a great effect on us when we start trading live. This is why many traders have lost there confidence in the market because they are always scared of losing the little they have.

They have spent too much time trading using demi then will it comes for them to go live, they will keep blowing there account which does not make sense at all. Scalping is not the best way to trade if we know that the market is nit too volatile because you will have to wait for a longer time for the market to reset before you start catching some little profits otherwise loses.
Sure can loose confidence but one can also try getting is key trading I'm not really god on scalping  and even if I go demo I trade like its real limit and leverage based on my real account  . So I will advice people to get a perfect market  periods to trade on it normal to scalp but you might be weak in it even if you are a professional trader
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August 31, 2023, 04:31:33 AM
#49
Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.
Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.

I agree with what you mentioned, dude. That's sometimes the problem with others who enter crypto trading—those who just experienced trading income, even if they don't have enough knowledge about it, feel like they already know all the ins and outs—it's crowded here.
It's not designed just so you can make money out of it. This is what others will not understand if they think they will know everything in just one night.

They don't think that with every trading activity there is a learning process happening as a trader in this industry, and there is a lot to consider to learn the concept of crypto trading in this field in reality. If the experts often lose here, how much more are those who are just starting to learn about it? It really takes time for you to become a veteran or an expert.
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August 31, 2023, 03:20:45 AM
#48
Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.
Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.
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August 30, 2023, 08:26:50 PM
#47
Advantages of Scalping Trading:
1.Quick Profit Potential: The scalping method allows traders to achieve profits in a short period, even within seconds or minutes, as they capitalize on small price movements.
2. Utilizing Small Movements: In scalping, traders aim to take advantage of very small price movements that might not be significant enough for medium or long-term traders.
3. Risk Diversification: With the high number of trades conducted in scalping, traders can open multiple positions across various instruments, helping to diversify their risk.

Risks of Scalping Trading:
1. High Transaction Costs: Due to the high frequency of trades in scalping, transaction costs like spreads and commissions can accumulate, potentially eroding profits.
2. Overtrading: The high trade frequency can lead to overtrading, where traders open too many positions without proper analysis.
3. Psychological Stress: Scalping demands intense concentration and constant market monitoring, leading to psychological stress and decision fatigue.
4. Disproportionate Impact of Analysis Errors: Given the small profit targets, minor errors in analysis or trade execution can have significant impacts on the trading account.
5. Dependency on Technical Analysis: Scalping relies heavily on technical analysis and short-term price movements, often overlooking broader economic fundamentals or major news events.

It's important to remember that every trading method has its own pros and cons. As a trader, it's crucial to understand your chosen strategy thoroughly, master the necessary skills, and implement effective risk management to mitigate potential losses.
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August 30, 2023, 05:43:12 PM
#46
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
Trading, scalping or not will have more chances of you of losing it if you're not used to it. The good scalpers even take losses as well and no one can flee from that.
Even no matter how good you but the market sentiment has changed and you can't cope with that, you're going to lose. Well, it's like an inevitable event that you'll have to experience being new or old.
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August 30, 2023, 03:27:35 PM
#45

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, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy  or sell. And you should also know which category you fall into as a crypto trader.

When we talk about the key word "category " while trading  although have dropped scalping for almost about 1tear and the half but l'm still tempt to so whenever I'm tempt I go demo so what can I use as the category here mate Smiley
I will advise you not to stay too long using demo account which can have a great effect on us when we start trading live. This is why many traders have lost there confidence in the market because they are always scared of losing the little they have.

They have spent too much time trading using demi then will it comes for them to go live, they will keep blowing there account which does not make sense at all. Scalping is not the best way to trade if we know that the market is nit too volatile because you will have to wait for a longer time for the market to reset before you start catching some little profits otherwise loses.
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August 30, 2023, 07:04:04 AM
#44

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.

You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.
sr. member
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August 30, 2023, 05:18:57 AM
#43

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, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy  or sell. And you should also know which category you fall into as a crypto trader.

When we talk about the key word "category " while trading  although have dropped scalping for almost about 1tear and the half but l'm still tempt to so whenever I'm tempt I go demo so what can I use as the category here mate Smiley
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August 30, 2023, 01:39:08 AM
#42

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, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
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August 29, 2023, 12:32:12 PM
#41
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
For me, there's no wrong with being a scalper. Because I believe that's their way of trade and there's nothing wrong, I can see a lot of people that are profitable when they do scalp trading.
But what I want to say is always think: "Not all the time, it's good to trade". There are also a lot of pairs you will try to look at and monitor if you are scalping.
So for me, scalp trading is just day trading, you either win or lose.
I'm in line with you here, there is nothing wrong with scalping, After all, it's a trading style. But I must say from my experience that scalping with Bitcoin might not be worth it, it will be more demanding and frustrating, and needs traders to have more money before they can earn something tangible from it unlike in FX, Gold Oil and the like. For this, I do not even bother myself to scalp Bitcoin again, I scalp another market when I have the time to compensate for my time and energy.

I resolved to this approach since scalping also required a market that tends to trend in a direction smoothly and possibly speedily for the trader to open a trade and close it within the shortest possible time. Bitcoin might make this unappealing and I doubt if there are many successful Bitcoin scalpers out there.
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August 28, 2023, 02:07:48 PM
#40
Who tends to lose easily? The ones with leverage or the ones with scalping?
Scalping  lose more in my opinion

But leverage traders liquidate while scalpers dont. Anyways its your opinion.
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August 28, 2023, 01:45:14 AM
#39
Who tends to lose easily? The ones with leverage or the ones with scalping?

I have replied to this question earlier I don't know if you are the one that asked earlier  I was simply trying to say scalpers loose  a lot compared to the those that  embrace leveraging. I rhino it obvious from the majority of the replies I'm getting here ,don't get me wrong I'm not trying to be rude here
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August 27, 2023, 02:30:05 PM
#38

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
When you hear the term scalping, there are two things that must come to your mind quickly and briefly. In general, the trading frequency of a scalper is much faster than other traders, usually a scalper takes only 1-2 percent profit and often the risk is greater than the profit target. An understanding of the concept of a trend is not so important for scalpers because they only target price movements in a very short time so they don't have to consider the direction of the trend down or up.

Of course, the sclapping technique has its advantages and disadvantages. Therefore, in my opinion, for beginners, never try the secalping technique. apart from being haunted by a very strong sense of anxiety, our concentration can also be disturbed, what is actually a loss, a loss, a loss, and a loss.
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August 27, 2023, 12:11:32 PM
#37
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
Scalpers are sometimes impatient people, people who know that they will not be able to wait long hours monitoring their trade, so they decide to engage in short trades to make profit quickly. Not all scalpers loose their profit to greed. A scalper who is greedy will also take that greed to trading long if they decide to stop scalping, while a trader who scalps and not greedy, will also not be greedy if they decide to start trading long. Greed is an inbuilt nature, it does not matter if you are a scalper or a long trader, greed is bad and is a characteristic that needs to be controlled because it can lead to loses.
legendary
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August 27, 2023, 11:29:04 AM
#36
Back in the day, I used to do some scalping. It is quite a good strategy, but it requires a lot of time and attention. You can make a lot of money during the day, but lose everything because of one bad decision. That is why you need to be able to stop in time. Good luck.
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August 27, 2023, 12:06:17 AM
#35
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
Full time trading is when you're completely dependant on your trades to earn a living, to put food on your table. It doesn't matter if you do that by scalping or by day trading or swinging. There are pro-traders who earn by just scalping the market and there are those who place trades and forget them for days to hit TP. Choosing any of the methods will depend on the trader's temperament. It's not just always being before a screen or pressing mobile phones that makes one a trader. It's the ability to make profit from it more than incurring losses.
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August 26, 2023, 06:50:37 PM
#34
You're welcome. A lot of traders who win on their first couple of trades but after a week or a month their funds were gone. In my opinion, there are several possible reasons why their funds were gone so fast, one of that is because of emotional trading and no risk management. If you trade having unstable emotions, the probability of winning the trade decreases. It include revenge trading, and greed, to avoid these you have to be disciplined and have patience. Unstable emotions cause by consistent loses are also the reason why trader won't follow their risk management because they want to get the money back from all the losing trades in one trade. This is also what you have to consider when you trade.
The general rules of trading will apply to many types of trading in the same way, you must manage risks, and manage funds wisely, but besides this, scalping is one of the most difficult types of trading because you need to constantly monitor the market, selected pairs, which is very tiring. This can have a very large impact, as fatigue will lead to errors and it will also increase the likelihood of errors in risk management.

Besides, trading using alts can also cause stress. Despite the fact that we are aware of Bitcoin's supremacy, we may expect alts to follow suit. The issue is that not all coins have the same volatility, which has a significant impact on how we trade. That's why we have to screen each coin before trading, which can be stressful because if we don't do this and assume they're all the same, you'll probably lose trades, leading you to believe your strategy isn't working. So it is preferable to focus on and master one pair before moving on to other pair.
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August 26, 2023, 03:47:01 PM
#33

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

If you cant handle the loss please i will beg you not to scalp and also if you most scalp u most be ready to be fast in entering a trade at the early stage and also getting out of it early too. but with the day trading u dont have to panic with all of these things i just say as far as your confluence and confirmation are present to you.
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August 26, 2023, 02:56:24 PM
#32

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

You will not enjoy trading at this time, at least not in a bear market that everything is just somehow. You can only enjoy scalping if we have a trend like when we had bitcoin price moving upward direction in bull market, you can scalp and make plenty of profits but now, it's more difficult to scalp than to do normal trading because you will open a trade expecting good move only to wake up that the market is messed up, you wouldn't know where to even start, like the last one when SpaceX was rumors to have sold their bitcoin and ever since then, bitcoin is can't hold $30k, it has been dumping and more dump or maybe it's just another manipulation, that I'm not sure but scalping now.

Why not try normal trading, gain the knowledge of full time trading and run the both, they will help you out when you need them the most both in bear and bull market.
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August 26, 2023, 12:07:34 PM
#31
You're welcome. A lot of traders who win on their first couple of trades but after a week or a month their funds were gone. In my opinion, there are several possible reasons why their funds were gone so fast, one of that is because of emotional trading and no risk management. If you trade having unstable emotions, the probability of winning the trade decreases. It include revenge trading, and greed, to avoid these you have to be disciplined and have patience. Unstable emotions cause by consistent loses are also the reason why trader won't follow their risk management because they want to get the money back from all the losing trades in one trade. This is also what you have to consider when you trade.
The general rules of trading will apply to many types of trading in the same way, you must manage risks, and manage funds wisely, but besides this, scalping is one of the most difficult types of trading because you need to constantly monitor the market, selected pairs, which is very tiring. This can have a very large impact, as fatigue will lead to errors and it will also increase the likelihood of errors in risk management.
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August 26, 2023, 12:06:19 PM
#30
Quote from: jeraldskie11 l ink=topic=5464528.msg62750217#msg62750217 date=1693030521
. Unstable emotions cause by consistent loses are also the reason why trader won't follow their risk management because they want to get the money back from all the losing trades in one trade. This is also what you have to consider when you trade.

Exactly I think this explained it all I was desperate to get back the little loss I got within a short period of time which made me lose more than I expect Smiley
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August 26, 2023, 11:37:11 AM
#29
Who tends to lose easily? The ones with leverage or the ones with scalping?
Scalping  lose more in my opinion

All is relative and subjective. It differs from the strategy to have your result. The market is there for everyone to use the strategy they can to milk out their own profit. If your strategy gives you more profit and when you try to change you start getting losses, it is better to stick to what you are doing correctly. So both scalping and relying on heavy leverage depends on the trader but what I know is a strategy that is working doesn't require to be changed and that strategy you lose all the time the best thing to do is to drop it for another strategy.
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August 26, 2023, 11:21:12 AM
#28
Who tends to lose easily? The ones with leverage or the ones with scalping?
Scalping  lose more in my opinion
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August 26, 2023, 09:52:05 AM
#27
I can't deny the fact that scalping is so risky, but it's the easiest way to earn profits and of course losing your funds as well.

Scalpers use a very small time frame every single trade, they need to decide quickly or else they are gonna get liquidated easily or make profits. Also, they are happy on the profits they are making every single trade whether it's small or big. Scalping is not for the people who have fainted heart and those who easily lose control whenever they are mad or frustrated.
legendary
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August 26, 2023, 04:52:26 AM
#26
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
For me, there's no wrong with being a scalper. Because I believe that's their way of trade and there's nothing wrong, I can see a lot of people that are profitable when they do scalp trading.
But what I want to say is always think: "Not all the time, it's good to trade". There are also a lot of pairs you will try to look at and monitor if you are scalping.
So for me, scalp trading is just day trading, you either win or lose.
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August 26, 2023, 02:32:49 AM
#25

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
A scalper should be an experience trader, I won't advice a newbie to embark on scalp trading because of the high volatility of the price and trading with 1 minutes or 30 seconds timeframe, this also involves access to a very fast internet connection and fast execution rate that means the scalper must trade with an exchange or broker that posses those features and qualities else such a trader is bound to incur losses if the execution rate of triggering a Long or Short trade is very slow, I am also trader but my maximum trading timeframe is 4 hours chart, so please don't be carried away by the success of few scalpers who posted their massive profits online they must gotten a lot experience after plenty years of studying and analyzing charts.
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August 26, 2023, 01:15:21 AM
#24

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
You're welcome. A lot of traders who win on their first couple of trades but after a week or a month their funds were gone. In my opinion, there are several possible reasons why their funds were gone so fast, one of that is because of emotional trading and no risk management. If you trade having unstable emotions, the probability of winning the trade decreases. It include revenge trading, and greed, to avoid these you have to be disciplined and have patience. Unstable emotions cause by consistent loses are also the reason why trader won't follow their risk management because they want to get the money back from all the losing trades in one trade. This is also what you have to consider when you trade.
legendary
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August 25, 2023, 11:28:42 PM
#23
Scalping just means you take more trades with a shorter time frame. For example you might stay in the trade for a few minutes instead of a few hours or days.

Usually these are high leverage trades and you take them multiple times a day and you make large amounts of money on small moves in price.

In reality this is extremely difficult to do profitably and most people fail.
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August 25, 2023, 08:32:57 PM
#22
SCALPING meaning to say they only trade minutes and the profit is also fast but it is very risky because the movement of the candle sticks is also fast in the lower time frame
hero member
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August 25, 2023, 06:49:12 PM
#21

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
Just like on what been said on earlier response or replies is that scalping could be considered full trading and on the time that you do able to get or hit that target on a specific day then you would really be calling it

a day and would go for another one for tomorrow. Day trading are to those who do make trades which opens and closes up their trades on a specific day and same goes with those swing traders
which they are really that going for several days or weeks for such closure. It would really vary on which trading type would really be suiting out on your risk tolerance because not all would really be that doing
daytrades could make out scalping which this do indicate about 1m-5m timeframe i should say on trying out to snip those possible gains in short time period.

I could say that this is the most hardest type of trading on which dealing up with volatility and its something that wont really be that recommended for beginners.Even to those veteran
ones wont really be touching out this are because dealing with extreme volatility is never been that so easy.
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August 25, 2023, 04:32:53 PM
#20

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

Haha, People choose their subscription to the OTT platforms with the resolution according to their pocket size (Buying power).. Same the case is here .. You need to go for the Scalping, Swing or introductory, or Buy & Hold really depends on your investment capital (Buying Power). Sacpling is the game for the Big Capitals, I would generally advise in words that "Avoid".

Keep in mind and spend a peaceful life with the Motto Slow and Steady wins the race.. choose a better time frame and trade with peace of mind without any pressure and make millions.  Cool Cool. It never means that those who trade on scalping are greedy buddy their nature and their typo is different ... they like adventure and like to play because they have a lot (Funds / Money).
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August 25, 2023, 03:52:02 PM
#19

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 type of trading that a group of traders follow. In scalping a trader basically finds a cryptocurrency or a stock that can give some profit to a trader when its price gets higher. In this type of trading a trader basically follows the charts of a cryptocurrency or stock and whenever he/she finds a good dip then he/she buys some amount of the cryptocurrency or stock and waits for sometime to see a higher price. Once the stock or cryptocurrency gains some price the trader sell of the cryptocurrency or stock and earns some profit because of such trades.

A scalper often opens and closes many positions per day and those type of traders often do so many trades in a day to earn some profit. The scalpers are basically the ones who follow a certain group of technical indicators and when they finds a good price of an asset they purchase it at that price and sell it for a very low %age profit. There are some scalpers who often face huge losses because their main target is to gain profits in short amount of time and sometimes when market faces huge crashes the scalpers lose a lot during those times.
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August 25, 2023, 03:32:36 PM
#18
Who tends to lose easily? The ones with leverage or the ones with scalping?
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August 25, 2023, 01:50:35 PM
#17
so to what extent can we say someone is being greedywith his/her trade even time?? Or leverage

Imho greedy is when he risks more money he can afford to lose. As you can see, the number can vary greatly from person to person.
And from what I've seen, the most inexperienced tend to lose the most because they are affected by sentiments, they don't follow the basic rules or simply treat trading like some sort of gambling.
hero member
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August 25, 2023, 01:25:24 PM
#16
The factors causing so much lose is they are trading in very short time span and in crypto trading you should know that more the short timespan is the more will be risk in there. And scalping is not an easy task it requires a lot of experience and analysis and once the thing goes wrong like the recent dip.

Scalper will be exhausted by such sudden dips so to decrease the loss ratio many use stop loss and you could also use stop loss to decrease the lose.

And there is one more thing that most of the scalpers are trading in Future while lesser in Spot. And if you are scalping in future then there will be more risk as there is a fear of liquidation while if you are in spot then there is lesser risk. As in spot you could hold for longer period of time unlike future. Although If one is newbie and just started there journey in crypto or trading they they should avoid scalping as it is now for newbies.
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August 25, 2023, 12:15:47 PM
#15


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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August 25, 2023, 12:05:19 PM
#14

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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August 25, 2023, 12:01:08 PM
#13

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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August 25, 2023, 11:56:02 AM
#12

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.
sr. member
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August 25, 2023, 11:17:16 AM
#11
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.
sr. member
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August 25, 2023, 11:12:32 AM
#10

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.
hero member
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August 25, 2023, 08:14:30 AM
#9
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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August 25, 2023, 07:52:06 AM
#8

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
sr. member
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August 25, 2023, 07:38:15 AM
#7

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.
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August 25, 2023, 07:18:30 AM
#6
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.
sr. member
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August 25, 2023, 06:31:31 AM
#5
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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.
hero member
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August 25, 2023, 06:30:44 AM
#4
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.
sr. member
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August 25, 2023, 04:10:01 AM
#3
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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
legendary
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August 25, 2023, 03:53:43 AM
#2

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.
sr. member
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Learning never stops!
August 25, 2023, 03:33:18 AM
#1

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
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