Post
Topic
Board Trading Discussion
Re: scalping on margin
by
AakZaki
on 14/11/2019, 17:37:49 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.
I agree with your opinion that scalping is not as easy as we think, scalping the trade must be very observant because otherwise our balance will run out because of the cutlose. so far I have never done it because in my opinion it is more prone to loss because sometimes market moves that cannot be read.