Post
Topic
Board Trading Discussion
Re: scalping on margin
by
CryptoTraderFun
on 13/11/2019, 21:34:55 UTC
For me, Scalping is one of the interesting trading strategies used for trading. However, it is also one of the most risky strategies, such as a large decline that can quickly wipe out all your previous profits. With this strategy, traders should choose the lowest fee floor and always place a stop loss order.
Scalping is an unsuitable strategy for the volatile market. Such strategies are useful in the Forex market, where prices move more slowly. If you want to make money with this strategy with BTC, your balance may turn to zero in a short time. The possibility of a price moving fast in the opposite direction you expect is equal to the possiblity of earning.

What if I say that you can use stop losses, also did you heard about options that bitfinex plan to launch in January 2020, that could be a good alternative to stop losses and you can easily hedge your position