Quote from: dunfida on Today at 06:59:28 PM

Quote from: blockman on Today at 03:49:39 PM

Quote from: santiPOGI on Today at 12:29:13 PM

For me scalping is good for the experts only but not applicable for the newbie who doesn't have any idea or knowledge about here in cryptocurrency. Though, through scalping we can really able to earn fast if we do it properly and no mistakes. But if not, you could also be rekt in the end for sure. You must be aware of the disadvantage of scalping and do not look for the positive side only.

It won't be for newbie anymore if that newbie gains experience as he do scalping. It's not really for the newbies because all they know is that trading is easy and can be learned overnight. And that's a wrong mindset and belief because it takes time and patience before they'll manage to earn good amount through scalping. As long as it's on spot trading, they can learn it through time but it won't be that easy if they won't have experience including the possible losses that they may incur. But with that, they'll gain knowledge too aside from the experiences.

Better to skip out first on doing scalping when you are still a newbie because this is something that noobs cant deal off since this would be talking about dealing with active price movement.
Try to familiarize and gain experience through spot swing trades before tending to scalp because this is way more riskier.When it comes to relevance of scalping then it is somehow
working as of this moment but not 100% precise to predict on unlike before where TA analysis arent really somewhat followed by price but now it seems
it do changed a bit but not really that on precise manner which is understandable.

They will not be able to contain the emotion if they do scalping and if they're targeting a certain amount within the day. There were experts that can do this everyday and I personally know someone who does this and it's already a career to him. But even though he's really a good trader and scalper, sometimes he's losing $2000 within a day and he's able to recover that within a month. While the rest of his trades are profiting around $200-$1000 a day. And with that amount and capital, newbies really can't bear the risk losing that amount within a day or in split seconds.