Buy and Sell Scalping Strategy

Basically, every trader has at one point participated in a scalp trading on crypto where they take advantage of small price movements in the market within seconds or minutes. They don't place trades using technical tools. Sometimes their decisions are majorly on probability when they see the market do Consistent ups and downs.

Scalp trading also known as scalping is a short-term trading strategy that involves making a large number of trades to gain profits from small movements in price. Those who participate in scalp trading are called scalpers. They rely heavily on technical analysis and its charts to identify signals of short term trends and price patterns.

Indicators such as relative strength index and moving averages can be used to hasten one's trading decision on these scalping. This scalp trading unlike other forms of trading requires a high level of concentration and ability to enter trades faster which tests your ability to make split-second decisions.

There are various characteristics holding or governing the scalp trading strategy.

• High trade frequency is one major characteristics of this scalp trading. It requires you make quick trading decisions while executing dozens of trades in a single trading session. The goal of executing these trades is to take advantage of the small price movements in the market. If accumulated at the end of the day can result to huge gains.

I can remember placing trades on Ethereum and bitcoin some days back. I used a strategy that allowed me earn when the price of the asset is going up and when it's down. My execution of these trades were done at a fast frequency and at good prices with a sustainable capital or margin. The results of these trades came out well and I never lost out on any trade.

Some Traders usually use automated trading systems or algorithms to quickly analyse the market for them and execute these trades faster than a human can. These technologies ensure that trades are executed quickly at optimal moments which leads to substantial gains.

• Focusing on small price movements is a other essential characteristics as that's what scalping is all about. Instead of going long term, you use technical charts to identify signals on minor fluctuations in the market. Using some technical indicators, scalpers are able to identify these price movements and are able to make informed decisions on when to enter and exit a trade.

This characteristics require quick decision making and precision. Constant monitoring of the market will prepare you for these movements in price do you can enter a trade quickly and exit as well.

• Short holding periods is one significant characteristics. Unlike bother trades where you hold for longer periods to gain substantial gains or profits in the market, scalping is done in a short period of time, sometimes in seconds or minutes. This idea of short holdings is to capitalize or leverage on small price changes that occur throughout the trading day. These scalpers believe in small gains which can become huge after accumulation at the end of the day. They avoid holding positions for long as the market can be very much adverse leading to substantial losses.

This is a scalping strategy I used since Sunday and the food thing about it is that I've not lost any funds. I was growing my account from $10. I entered almost 40 trades, all coming out in profits because I was leveraging on small price movements.

I used BTC and ETH as my trades as they are less volatile than other assets. These few days, BTC has been going up and coming down shortly. So I employed a strategy of Buy and Sell. This is very risky though but I had analyse the market before doing so.

I'll look for a good Buy point on ETH and then enter at a good price. At the same time, I'll look for a good sell entry on BTC and then enter. I'll set profits and stop loss levels in these trades and will constantly watch the market for take profits execution so I can enter again till I get what my target profit.

I splitted the $10 I had to these two trades at 5/5 and then used the 40x leverage to speed the trade up. I was able to enter 40 trades in 3 days and the end results of these trades was $60 added to my capital which was $10. My take profit levels were at $1 and $2 intervals before decline in price.

I'm still using the strategy until i notice a change in sentiments, news and the likes. So whenever the market is going up, I'll profit. When It comes down, I'll also make profits.

This was my scalping strategy. I leveraged on those small price movements in these assets and got substantial gains for doing so. I was always monitoring the market for exit points. And the below shows a signal I once made for a trade quickly.....

#scalptrading
BTCUSDT
💡 Signal Type: Sell
🎯 Entry Target: 64850
🟢Profit Targets:
1️⃣ 64750
2️⃣ 64650
🔴Stop Loss: 65250
This signal indicates a potential shift in market trends.

In conclusion, scalp trading can be very much profitable as traders benefit from the small movements in prices of an asset and also focus on holding it for a short period of time. While it may be advantageous, it can be disadvantageous when there's a sharp decline which can be sustained. So you'll need to use technical analysis to identify all these.

All screenshots are from my binance and bybit account.

Disclaimer :Any financial and crypto market information provided in this post was written for informational purposes only and does not constitute 100% investment advice. It's just basic knowledge every crypto trader or investor should have