#MyTradingStyle Scalping is a high-speed trading style that seeks to obtain small repeated gains during the day. It is based on operating in short timeframes (1 to 5 minutes) and taking advantage of micro price movements. Scalpers often use highly liquid cryptocurrencies like BTC/USDT or ETH/USDT.
The most commonly used tools include exponential moving averages (EMA 9 and EMA 21) to detect trend crossings, the RSI to identify overbought/oversold conditions, and volume to confirm movements. Entries are made when there is a confluence of technical signals, and profit targets are usually between 0.2% and 1%.
Scalping requires constant attention, strict risk management (risking only 1-2% per trade), and a cool mindset in the face of losses. It is ideal for active traders who can dedicate time during the day and feel comfortable making quick decisions in volatile environments like Binance.
