Scalping is like quick trading. Here's how I scalp when I wa
Adaora Favour Nwankwo
Updated at: 6 hours ago
{"content":"Scalping is like quick trading. Here's how I scalp when I want to spend shorter time in the market.
📌I Choose a small time frame
- Looking at a 1-minute or 5-minute chart.
📌I Find a pattern
- Watch for prices moving up or down quickly.
📌Buy or Sell
- If price is going up, you buy.
- If price is going down, you sell.
📌Close your trade
- When you make a little profit, close your trade.
Example:
- You see Bitcoin price going up fast on the 1-minute chart.
- You buy.
- Price goes up a bit, you sell and make profit!
Note: Scalping is fast, so you need to watch the charts closely because you can be caught in a wild fire when a break up or a break down happens.","images":[],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}