Quote from: JoMarrah Iarim Dan on Today at 02:05:53 PM

I just discover scalping lately. I don't know but I like its way of earning in short term. Then I noticed one of my friend is doing this. I'm kinda curious so I asked him how does he make profit out of it. Then he said his target was 20% gain before going out the market. But there are times he holds the coin longer than he expected because of the unpredictable market. Stop loss is also not in his line. He sometimes earn, sometimes unexpected comes, sometimes lose. I guess the strategy itself is OK but requires much deeper analysis.

When you are good at deeper analysis of markets, then I guess you can go for any kind of short-term based trading. Because only for catching small trends, we must need to be highly skilled in technical analysis (for the same reasons we do not need of any technical analysis skill for long term holding).

Scalping will be good in cryptocurrency markets if you are able to continuously watching market and able to be trading for long hours along with good in technical analysis.