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Topic: What is Scalping? - page 2. (Read 395 times)

legendary
Activity: 3066
Merit: 1129
April 13, 2020, 02:04:05 AM
#13
This strategy is really good
I love this strategy.
Not an easy one but a very profitable kind of trading if you done it right.
Please do not rush for a conclusion just by seeing the chart posted by OP. Unlike the levels marked in the chart, it would be too hard to find out where to go short/long and where to put stop-loss. Even you may do 3 to 5 profitable trades in a day, the next day one big loss will wipe out all your efforts.

Always strategies are seeming easier and profitable but in practical they are not. One usual problem with most indicators is time lagging; it means it will generates the signal only after the actual turning point. This is the reason the explanation of strategies or indicators are looking very much easier in books and complete different in markets.

Scalping requires to catch exact turning points of markets which must be too hard by any indicator or strategy. If you opt to catch small swings of markets then you may start losing bigger trends. Trading is all about profits which is too easier by catching bigger trends of markets because profiting the longer waves require less hassles compared to scalping.
legendary
Activity: 3808
Merit: 1723
April 13, 2020, 01:25:43 AM
#12
Scalping is great because you can earn large % of profit however in reality its very difficult to do so profitabily. You are better off trading the higher timeframes like H4 and D1 rather than trading the M1. Sure we all want to be daytraders for a living but there is so much noise at the M1 level that there is a small percentage of traders that actually earn a living this way.

Most large traders just take trades off the H4-W1 charts because they want to follow the trend, they also got larger stops since their take profit is much larger, hence they got a large Risk reward ratio compared to scalping which is usually 1:1. Also with scalping you need to consider the spread and commissions that go along with it, so if you are scalping for half a percent of profit then your net profit will be very small right after fees, even with derivative brokers. With longer term trading the commissions don't really make much difference.
legendary
Activity: 2534
Merit: 1397
April 12, 2020, 08:21:02 PM
#11
I have experience with the Scalping method in trading. But those experiences were before when I was still new in trading and to be honest, I lost too much money way back before, and it's kinda difficult when you are new and tried to do this scalping method.
And besides that, you really need patience and time to do this method.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
April 12, 2020, 06:48:11 PM
#10
Looks easy when reading explanations about scalping. I tried it in several exchanges. not easy and not everyone wants to try this technique.
Emotional control is the key to profit in trading. forget the method.
full member
Activity: 462
Merit: 104
In Binance we trust!
April 12, 2020, 06:22:18 PM
#9
Much easier to scalp with CScalp - google about it and watch tutorials because CScalp helps me to get profits trading futures on Binance. It's free soft and works with API well.
legendary
Activity: 3094
Merit: 1127
April 12, 2020, 06:15:23 PM
#8
If you know what you're doing it's possible to have a steady income but at the same time this strategy is based on the market going up.

If you try scalping and get a stop loss after a stop loss at some point you may find it hard to get back that 10% lost in your last session.
You can make profits with both Bearish and Bullish trends of the markets with Margin/futures trading so long as you made perfect entry points so your statement is incorrect.
Not an easy one but a very profitable kind of trading if you done it right.I highly believe that only a few who are capable on dealing with this kind of trading where it doesnt really care if it would a bull or in bearish trend.

Fast execution of orders neither making an entry or would make an exit.This isnt applicable to anyone but really worth of to try if you do have sufficient amount of time in dealing with active market.
copper member
Activity: 2198
Merit: 1837
🌀 Cosmic Casino
April 12, 2020, 05:27:58 PM
#7
If you know what you're doing it's possible to have a steady income but at the same time this strategy is based on the market going up.

If you try scalping and get a stop loss after a stop loss at some point you may find it hard to get back that 10% lost in your last session.
You can make profits with both Bearish and Bullish trends of the markets with Margin/futures trading so long as you made perfect entry points so your statement is incorrect.
hero member
Activity: 2184
Merit: 531
April 12, 2020, 04:46:56 PM
#6
I've seen people do that in real time on youtube. Some of those trades can be closed within a minute and bring 1% profit but it's not like they're trading a whole Bitcoin every time.
If you know what you're doing it's possible to have a steady income but at the same time this strategy is based on the market going up.

If you try scalping and get a stop loss after a stop loss at some point you may find it hard to get back that 10% lost in your last session.
copper member
Activity: 2198
Merit: 1837
🌀 Cosmic Casino
April 12, 2020, 04:31:38 PM
#5
I love this strategy. It teaches a trader to have self-discipline while trading which in turn ensures that the emotions do not get the better of you. Stop loss is a very important aspect in this strategy.

One thing worth noting thou is that one needs to have a sizable amount of money in the margin or futures account that they are going to use for trading in order to realize meaningful profits in fiat value without having to use very high leverages due to small price movements which could be very risky with sudden volatility of the asset price.
hero member
Activity: 2968
Merit: 687
April 12, 2020, 08:57:25 AM
#4
By looking at that chart it's not looking that much easier than the swing and day trading.its much riskier than other two.
You are definitely right with that!

Among the trading ways on where a trader could use,the scalping is the hardest one based of on experience.Why?
You cant easily tell on where the price would go on a very short period of time.You can make use of TA but with small
timeframe it is really hard and SL would really be needed from time to time to limit out losses.
One price swing can fucked you up.
newbie
Activity: 223
Merit: 0
April 12, 2020, 07:24:43 AM
#3
By looking at that chart it's not looking that much easier than the swing and day trading.its much riskier than other two.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
April 12, 2020, 03:06:07 AM
#2
This strategy is really good when you have a free time and just want to trade. This is what I am doing for a while and also scalping is best when the market is volatile, the up's and down are pretty big so you can make a lot of profit as long as you are doing it right, for example is setting a stop loss in every trade so you can't lose a large amount of money.

In addition, when you have a big capital, then this is for you  Wink
member
Activity: 280
Merit: 43
April 12, 2020, 12:09:31 AM
#1


SCALPING (scalping)

Scalping is the trade that takes a few minutes at a small profit margin. For example, if scalping is 2% 3% or 5% profit, then you have to close the trade within minutes.
In Scalping  trading to have good strategy otherwise  the market will take all the profits without taking a big move in the opposite direction.
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