Quote from: tygeade on August 31, 2023, 08:20:45 AM

Quote from: HONDACD125 on August 30, 2023, 12:04:04 PM

Quote from: gunhell16 on August 30, 2023, 06:39:08 AM

Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.

Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.

You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns.

Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit.

However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss.

It takes a lot of time to master not only Bitcoin, but any field. Actually gaining experience is not a matter of days or months. There is no doubt that experience is not only gained by watching and reading, but the real experience starts when you actually get into the field, and start trading. Trading is not an easy task it requires a lot of hard work and time to get profit then you will be able to work as an expert trader. Both profit and loss should be taken into account in trading, if we can make profit, our one mistake can lead to our loss.Of course, it takes a long time to make a profit in any business. In the early days, most of the traders take losses in trading, but it is real experience how you control your losses, and turn your losses into profits. Of course, the newbies needs to learn here first. Those who try trading, investing or scalping on this platform without experience will be at risk of loss. It should also be understood that as easy as it looks to make a profit here, it is even easier to lose.