If you are comfortable trading crypto options on Deribit, there are ways to use options instead of a stop loss.Įxchanges that generally do not crash during heavy load In scalping, losers need to be cut quickly with a discipline. Your requirements for trading platform good for scalping is stable web interface or API and reliable stop loss.Īny scalping strategy relies on collecting a large number of small profits.įor this reason, a single losing trade can wipe out months of your work if your stop loss fails. These are indicators that work with trends and do not provide good information for the timespan of minutes. Technical indicators that do not work well on short timeframes are Ichimoku cloud and divergences. inverse Fisher of RSI (also an oscillator).On the chart, you will need indicators that work well on such short timeframes.īitcoin scalping indicators that work well Footprint type of charts like Tensorcharts work extremely well. Scalping requires a 5M or shorter timeframe chart. There are platforms that do not require any coding knowledge.

We have a 101 guide on how to start automated trading crypto, including crypto scalping automation.

The market will be too thin to take your orders and it will be hard to get your orders filled.įor these reasons it is best to stick to large-cap cryptos like BTC or ETH for your scalping. Practically though that will not go well because nobody is trading failed alts. The bottom period there is where you could, in theory, scalp them as the market is flat. After the inevitable hype period, they will most often go bust. Small-cap altcoins are trending as long as they are quite new. If you are an altcoin trader who likes to speculate on smaller, new cryptocurrencies, you will miss most of your profits if you try to scalp those markets. The best crypto for scalpingĪ cryptocurrency with markets deep enough to go properly sideways is the best crypto for scalping. With the end of the post-halving bull, the profitability of this trading style it came to an end too.Īll through 2018 and in 2019, the first most obvious thing crypto investors noticed is that everyone’s long-term stacks keep losing their dollar value. In a trending market, swing trading is the method with which you extract most of the available profits from the market. Then, maybe, if you felt like it, to trade the reaccumulation ranges and sell the right bounce to rebuy lower and carry on the Mr Bones’ wild ride. Regarding bitcoin, the year 2017 was the year to buy your crypto in January and hold.

The best market structure for scalpingįlat, sideways market that does not trend is the best market type for scalping. Scalping positions are typically closed as soon as they become profitable, earning a profit in the neighborhood of 2%. Scalping crypto means to scalp spot or derivative crypto markets. Scalping is a trading technique of capitalizing on small price changes.

Scalping strategy pdf