cryptocurrency: scaling strategies for fast victory in trading
The cryptocurrency world has exploded in recent years and new coins and strains are created every month. Although the jump is easy to stick, scaling strategies can help you get fast gains in this unstable market. In this article, we explore the basics of scalping, its interests and some effective strategies for the cryptocurrency trade.
What is scalping?
Scalping includes the purchase and sale of goods at very fast intervals, often at minimum grip periods. The objective is to take advantage of minor price changes on the market, which can cause rapid profit. The Scalpers use a technical analysis, a graphic model and a basic analysis to make knowledge -based commercial decisions.
The advantages of scalping **
- High liquidity : The cryptocurrency market is known for its high liquidity, which facilitates transition and exit quickly.
- Low marginal cost : Scalping gives you use your lower marginal requirements to reduce your overall costs.
- Flexibility : Scalping gives merchants the opportunity to personalize their strategies in real time, by responding to market movements as they occur.
Presentation of the cryptocurrency
Before diving into scaling strategies, it is necessary to understand the market of cryptocurrencies. Here are some key points:
- Quantity and trading volume : The number of stores carried out per day is known as the amount of negotiation.
- Price : Cryptocurrencies can undergo rapid price fluctuations due to market feelings and financial new.
- Marketing Raple : The total value of all the cryptocurrencies listed for the exchange, which affects the global market.
Krypto-money trading strategies
Here are some popular scaling strategies for cryptocurrency trade:
1.
Trend after a scale of
- Use technical analysis to identify trends and speed indicators.
- Buy when the trend is solid (high price) and sells when the trend turns (low price).
- Adjust your entry and exit points according to market conditions.
2
- Identify the model linked to the area using diagram models or support / resistance levels.
- Buy a distance during the lower shape and sell during the increase phase.
- Use your loss commands to limit your losses.
3.
Average return scale
- Analyze changes in historical data prices to identify average recovery models.
- Buy when prices are overloaded or overwhelming (for example, 20% on average or less) and sold when they return to normal.
4.
Scalper based on the break
- Identify muscles and resistance areas using technical analysis.
- Buy when the price breaks these levels and sells while it retires.
- Strengthen the combination of candles and a tablecloth volume of stores.
Additional tips for successful scalping
- Use trading platforms : Use platforms such as Metatramer, Ctreeder or Ninjatrerder, stores quickly and efficiently.
- Stay disciplined : Avoid emotional decisions based on market opinion; Hold your strategy.
- learn constantly : Stay up to date with market development, trends and technical analysis techniques.
- Use risk management tools : Implement control loss orders, the dimension of the station and the risk-risk ratio to control exposure.
conclusion
Cryptocurrency scalping offers a high risk, a high price strategy to produce rapid profit on volatile markets. Understand scalping, its advantages and popular strategies, you can develop an effective approach to cryptocurrency trade. Do not forget to remain disciplined, learning and constantly using risk management tools to minimize losses and maximize profits.
Warning : Cryptocurrency trade includes significant risks, including market volatility, price fluctuations and regulatory changes.