What all should I know about scalping?

Hamphser

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Quote from: Ethan Craft on January 31, 2019, 09:01:32 AM

I have been trading based on my technical analysis and strategies. But, interested in learning Scalping. Let me be clear, I am not expecting that the experts here will just make me a expert.

I just want to know which are the good articles and the platforms where I can learn scalping. Please share some informative links where I can learn from the basics.

Thanks in advance.

A simple google search will help you out.

https://apiaryfund.com/sites/default/files/LazyRiverScalpingStrategy.pdf
https://www.pdfdrive.com/an-intraday-trading-methodology-ultimate-scalper-e17663136.html
https://www.scribd.com/document/326726388/1-Advanced-Scalp-Trading-Tactics-pdf
https://tradingstrategyguides.com/simple-scalping-strategy/

upsidedown75

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Quote from: karungbitcoin on March 11, 2019, 05:04:50 AM

I think more profitable to do scalping in margin trading because we can earn profit from long and short potition, and many trader use metatrader platform for scalping because easy to use and fast to make open potition with different type order, like buy / sell limit, buy /sell stop and we can setting SL and TP at the sametimes also available trailling stop.

All these trading tools you mentioned, I doubt if they exist on the exchanges we have because talking about meta trader, it means we have to make use of a crypto brokers and most of these brokers are quite expensive in their service, you end up realizing that they are the one you are working with and when it comes to margin trading most of these traders manipulate their systems a lot though I am talking from the view of forex trading which I believe they both have the same trading system.

Instead scalping on margin on a market that is very risky and volatile, he should just go through the normal one even if the profit taken will be little, it is safer.

akamit

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Quote from: leea-1334 on March 12, 2019, 07:48:18 AM

Quote from: sana54210 on March 10, 2019, 10:52:28 AM

Even in scalping, the highest you can make is 10% of all the number of times you got in and out of trading and scalping could be very dangerous when you don’t already have an exit strategy on ground which can make the trader to lose all the small gains he has compounded already in a single trade.

Hence, whether you are more experienced or not, I don’t advice scalping for both, I will rather prefer ones get in ones and use his analysis to pick the best time to trade, take your little profit based on your cash and exit the trade for the day.

Cannot see where you get this 10% from. Scalping just means profiting off the flashes and getting in and out rightaway. Sometimes I have seen even 30 and 40% in a day, and most recently, we saw for ETH last two weeks, 15% in an instant.

Of course exit strategies are a requirement. They are called limit orders and stop losses! You must never ever trade on whims. Let the price decide your exit.

Sana said 10% and you cannot see where he got this, but how do you say 30-40% in scalping in a day?

"Scalping just means profiting off the flashes and getting in and out right away."
This is correct... afaik traders who use scalping method to trade exits with the lowest profit possible but they do a lot of trades a day.
When I was a forex trader (once upon a time) and was learning it, I have seen traders exited even with below 1% profit in a single trade.

1% is the max out strategy in a single trade in crypto scalping imo...

leea-1334

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Quote from: sana54210 on March 10, 2019, 10:52:28 AM

Even in scalping, the highest you can make is 10% of all the number of times you got in and out of trading and scalping could be very dangerous when you don’t already have an exit strategy on ground which can make the trader to lose all the small gains he has compounded already in a single trade.

Hence, whether you are more experienced or not, I don’t advice scalping for both, I will rather prefer ones get in ones and use his analysis to pick the best time to trade, take your little profit based on your cash and exit the trade for the day.

Cannot see where you get this 10% from. Scalping just means profiting off the flashes and getting in and out rightaway. Sometimes I have seen even 30 and 40% in a day, and most recently, we saw for ETH last two weeks, 15% in an instant.

Of course exit strategies are a requirement. They are called limit orders and stop losses! You must never ever trade on whims. Let the price decide your exit.

bitgolden

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Quote from: Ethan Craft on January 31, 2019, 09:01:32 AM

I have been trading based on my technical analysis and strategies. But, interested in learning Scalping. Let me be clear, I am not expecting that the experts here will just make me a expert.

I just want to know which are the good articles and the platforms where I can learn scalping. Please share some informative links where I can learn from the basics.

Thanks in advance.

If you have been trading on technical analysis and it pays you well even though it takes time, why not stick to that because scalping could be very risky, scalping will also make you trade with emotions and intuition no matter how good you think you are as a trader.

Taking small profit and entering in and out of market many times a day could profit you but you could also make a huge loss which will make you lose all the little profit you have been gathering but if you insist on still trading on scalping, the best platform is to use YouTube to watch a lots of tutorial first from so many trade experts you can easily spot by watching.

lemipawa

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Scalping works like day trading, I guess the difference is with scalping the time difference when you bought and sold is shorter. I started in trading with I thought is day trading because within the day I am able to sell all the coins I bought with profits but with scalping, you check the volume, buy and sell with a little profit. Then move to another coin and repeat.

Noa_Amable

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Quote from: Ethan Craft on January 31, 2019, 09:01:32 AM

I have been trading based on my technical analysis and strategies. But, interested in learning Scalping. Let me be clear, I am not expecting that the experts here will just make me a expert.

I just want to know which are the good articles and the platforms where I can learn scalping. Please share some informative links where I can learn from the basics.

Thanks in advance.

in general scalping is a thing which you can not learn from articles, it comes from experience.
I suppose you know what scalping means, right?

So, I started scalping with technical analysis (working with indicators) on small timeframes.

Just open a position and keep an eye on it. As time passes by you will learn when scalping is really good.

fiat currencies are a little bit easier to trade scalping because news are observedand you can forecast when and why price would move in this or that direction.

sidkz

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I once did a scalping, a very interesting exercise, but now is not the best time for him, it is better to wait until the market returns to normal, and then the result will be better, I personally decided for myself so I will wait and then continue this business

carter34

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Scalping as it relates to trade is simply taking your profit as quickly as you can to avoid delay before price reverts. Scalpers are always trying to master and using candlestick in trade.

palle11

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What I think scalping is, is to trade as fast as possible. It involves very short time frame ,like 1 minute or 5 minutes. They usually don't stay long in the market. Is more like enter and exit as soon as you have made a little profit.

Ispep

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You'll have to be fast when you try to trade with scalping, it requires you to understand different patterns and prices and it's even more difficult for a beginner to handle.
And it's doesn't really Garner that much profits daily,if you do not understand how a trading strategy works, you leave it and move over to a more understandable and easier one
For a beginner it's better to start with the easiest forms of trading and scalping isn't it

karungbitcoin

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I think more profitable to do scalping in margin trading because we can earn profit from long and short potition, and many trader use metatrader platform for scalping because easy to use and fast to make open potition with different type order, like buy / sell limit, buy /sell stop and we can setting SL and TP at the sametimes also available trailling stop.

michael23

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I studied video YouTube. I think it is very clear and much more convenient, because so you can immediately see how to trade in real time.

sana54210

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Quote from: virasog on March 09, 2019, 08:23:02 AM

Quote from: wayaneka on February 03, 2019, 11:36:58 PM

I think for scalping trading will be more profitable to do in margin trading because we can earn profit from long and short open potition. Metatrader platform is good platform for scalping because we can make open potition many times easyly, and also setting the stop loss and take profit is very easy. But need to remember margin trading is risky and make sure we already have management of risk and money to minimize risk.

Scalping trading requires more time and more experience than regular trading. Since its about entering again and again and getting small profits, if one is not experienced, he might enter in wrong time and it will not be possible to exit at profit in the short term.

But if anyone is experienced in trading then scalping is best trading in the bear market where the profit is hard to come by in the long term trades.

Even in scalping, the highest you can make is 10% of all the number of times you got in and out of trading and scalping could be very dangerous when you don’t already have an exit strategy on ground which can make the trader to lose all the small gains he has compounded already in a single trade.

Hence, whether you are more experienced or not, I don’t advice scalping for both, I will rather prefer ones get in ones and use his analysis to pick the best time to trade, take your little profit based on your cash and exit the trade for the day.

virasog

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Quote from: wayaneka on February 03, 2019, 11:36:58 PM

I think for scalping trading will be more profitable to do in margin trading because we can earn profit from long and short open potition. Metatrader platform is good platform for scalping because we can make open potition many times easyly, and also setting the stop loss and take profit is very easy. But need to remember margin trading is risky and make sure we already have management of risk and money to minimize risk.

Scalping trading requires more time and more experience than regular trading. Since its about entering again and again and getting small profits, if one is not experienced, he might enter in wrong time and it will not be possible to exit at profit in the short term.

But if anyone is experienced in trading then scalping is best trading in the bear market where the profit is hard to come by in the long term trades.

sedahan13

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For crypto i think will be more profitable in swing trading because in duration 1 week to 4 week the price of crypto can be going up 50% to 100%. Many trader use metatrader platform for scalping because we can increase the profit by use leverage and Metatrader is easy platform to use when make open potition many times in aday. There are alot of trading tool in Metatrader , and is easy to make open potition, to close it , setting stop loss and take profit.

apityeh71

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Scalping is shorter trading than day trading, and this trading need more skill about technical analysis and how to manage the risk. In forex trading, scalping usually to do by expert trader who can spend times all days. In scalping trading, we should be manage the emotional because we will make open position many times.

nicolas1979

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Quote from: Ethan Craft on January 31, 2019, 09:01:32 AM

I have been trading based on my technical analysis and strategies. But, interested in learning Scalping. Let me be clear, I am not expecting that the experts here will just make me a expert.

I just want to know which are the good articles and the platforms where I can learn scalping. Please share some informative links where I can learn from the basics.

Thanks in advance.

Scalping is short term strategy with small range, mostly will close in 1 - 2 days. I think many articles about scalping already list in forex web/ blog, all you need to do is use 1 direction not 2 like forex ( adaptation ). Forex forum/ group also become good place to share experience but so far many trader visit babypips.com for beginning, just try it and good luck to you.

wayancrypto

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Scalping usually for experienced trader that understanding technical analysis and risk management, scalping also need to spend more times than swing trading. I think for beginner trader is better first to increase the knowledge in day or swing trading because this is will be more easy and need less times.

wayaneka

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I think for scalping trading will be more profitable to do in margin trading because we can earn profit from long and short open potition. Metatrader platform is good platform for scalping because we can make open potition many times easyly, and also setting the stop loss and take profit is very easy. But need to remember margin trading is risky and make sure we already have management of risk and money to minimize risk.

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