click here if you want to see your banner on this site

Author Topic: 1-5 min scalping on binance is it worth it  (Read 28 times)

indianCrypto

  • Garden Hero
  • Full Member
  • *****
  • Posts: 136
  • Karma: +0/-0
    • View Profile
1-5 min scalping on binance is it worth it
« on: July 09, 2022, 03:48:55 PM »
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked   ;D

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable

CryptoboyRamesh

  • Legendary
  • *****
  • Posts: 1134
  • Country: in
  • Karma: +0/-0
  • Gender: Male
    • View Profile
  • Re: 1-5 min scalping on binance is it worth it
    « Reply #1 on: July 10, 2022, 03:24:47 AM »
    Did you just try it for the first time during trading? do not expect more if the level of accuracy and speed of the market in taking prices will make you lose and cannot be really fast in scalping trades. You are very easy to play with market prices and I tried it for a long time until I decided not to like it anymore.

    Good luck for such trading.
                   ▄         ▄▄
                   ▀    ▄█
          ▄     █▀   ▄▄     ▄▄   ██   ▄▄
          ▀          ▀▀     ▀▀
         ▄▄   ██▀  ▄▄   ██▄  ▄▄   ▄█▄   ▄
         ▀▀        ▀▀▀       ▀▀▀       ▀▀
     ▄    ▄▄▄  ███  ▄████████▄  ███   ▄    ▀▀
           ▀       ████████████▄      ▀▀
       █▀     ██▄ ██████████████  ██     ▄█
          ▄▄▄     ▀████████████▀      ▄
     ▄▄    ▀   ███  ▀████████▀  ███  ▀▀▀    ▀
         ▄▄        ▄▄   ▀▀   ▄▄        ▄▄
         ▀    ██   ▀▀   ██   ▀▀   ██   ▀▀
                    ▄▄     ▄▄          ▄
           ▀   ██   ▀▀     ▀▀    █     ▀
                        ██
                    ▀         ▀▀
       
    SolarBlox
    crypto solar mining
                   
       ▀▄▄     ▀      ▄█
         ▀ ▄███████▄▄▀
         ▄████████████
    ▀▀▀▀ █████████████  ▀▀▀▀
          ▀██████████▀
        ▄█  ▀▀▀▀▀▀▀  ▀▄▄
       ▀       █       ▀
               ▀

                  ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄
               ▄▄██████▀▀▄▄██████▀ ▄████████▀
              ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀
          ▄███████▀ ▄███████▀ ▄████████▀
       ▄███████▀ ▄███████▀ ▄████████▀
                        ▄▄▄▄
                        ████
       
    Crypto Mining using Solar
    energy
    as substitute
    energy sources
       
              ▄▄▄█████████▄▄▄
          ▄▄████▀▀▀▀▀▀▀▀▀▀▀████▄▄
        ▄███▀▀               ▀▀███▄
      ▄███▀                     ▀███▄
     ▄███              ▄▄▄▄████   ███▄
    ▄███        ▄▄▄▄████▀█████▀    ███
    ████  ▄▄▄██████▀▀▀▄▄██████     ████
    ████   ▀▀▀██▀  ▄▄████████▀     ████
    ▀███       ▀▄ ███████████     ▄███
     ▀███       ███▀▀▀▀█████     ▄███▀
      ▀███▄      ▀       ▀▀▀    ▄███▀
        ▀███▄▄               ▄▄███▀
          ▀▀█████▄▄▄▄▄▄▄▄▄█████▀▀
              ▀▀▀▀███████▀▀▀▀
     
               ▄▄▄▄███████▄▄▄
           ▄█████▀▀▀▀▀▀▀▀▀▀█████▄▄
        ▄████▀▀               ▀████▄
      ▄███▀                      ▀███▄
     ▄███▀   ▄         ▄▄████▄▄▄   ███▄
     ███     ██▄▄▄    █████████▀    ███
    ████     █████████████████▀     ████
    ████     ▀▀███████████████      ████
     ███      ▀▀████████████▀       ███
     ▀███▄   ▄▄▄▄████████▀         ███▀
      ▀███▄    ▀▀▀▀▀▀           ▄███▀
        ▀████▄▄               ▄████▀
           ▀█████▄▄▄▄▄▄▄▄▄▄█████▀
               ▀▀▀▀██████▀▀▀▀
     
       
    Metaverse
    ▬▬▬▬
     
    NFTs

    EcoArt
        ...DOWNLOAD WHITEPAPER...

    indianCrypto

    • Garden Hero
    • Full Member
    • *****
    • Posts: 136
    • Karma: +0/-0
      • View Profile
    Re: 1-5 min scalping on binance is it worth it
    « Reply #2 on: July 10, 2022, 04:20:33 PM »
     :o :o :o :o

    hunter_garl

    • Jr. Member
    • **
    • Posts: 69
    • Karma: +0/-0
      • View Profile
    Re: 1-5 min scalping on binance is it worth it
    « Reply #3 on: July 11, 2022, 04:40:17 AM »
    Are you trying to trade on spot or futures?

    If you're trading on futures, you'll have to account for a funding rate.

    Making a lot of trades with a 1% profit and an OK win rate is often the way people go in the space afaik. You can't lose too much if your strategy goes bad for a bit and people get nervous when they start to increase their risk (and sometimes rightfully so).

    The issue with a lot of strategies is they're good until they're not, and you have to work out when that'll be. Also if you want to be more successful, look at how these strategies have been built and try to rationalise them to see if there's a cause for how they're able to be successful.

    Trading "by eye" or without proper automation might also be a bit tedious and boring too - it's not the timeframe you can set and forget with (or set and come back in a few hours).

    gardentalk

    • Jr. Member
    • **
    • Posts: 65
    • Karma: +0/-0
      • View Profile
    Re: 1-5 min scalping on binance is it worth it
    « Reply #4 on: July 11, 2022, 06:59:50 AM »
    The scalping technique can work well if the market price can go up and down quickly and there is a movement between supply and demand so that we can buy low and sell high. No need to sell too high, the important thing is that we can get profits many times. But this scalping technique has the risk of getting a high price because the price can drop immediately or get a dump at a low price. But as long as there are large ups and downs, the dumped price can immediately return to the high price to help us sell it and make a profit. I don't know if it would be profitable to use leverage because it's different to spot trading.

    Review_Master2

    • Full Member
    • ***
    • Posts: 228
    • Karma: +0/-0
      • View Profile
    Re: 1-5 min scalping on binance is it worth it
    « Reply #5 on: July 11, 2022, 09:03:12 AM »
    Thats effective if your trades are really high in quantity(spot) or high leverage (fund in futures) since you can feel the profit within the ranges of fees incurred. However that time frame is quite risky even what method you used. Maybe there are some who do this who actually have experienced with it or trying to have profits even at smallest time they could gain or can be considered work for them as they have qoutas for gaining and limit on losing.
    SOLARBLOX    ⬤    ◥◥◥◥◥◥◥◥◥◥◥◥◥◥◥◥◥ crypto solar mining ◥◥◥
    Crypto Mining using Solar energy as substitute energy sources
    ► ▬ TELEGRAM ► ▬ TWITTER   ▪▪▪▪▪▪ [ DOWNLOAD WHITEPAPER ]

     

    Bitcoin Garden 2013-2022, All rights reserved | Privacy Policy | DMCA | About Bitcoin Garden | Support & Services