#ScalpingStrategy The idea Open a trade, get out of it quic | Rvbye on Binance Square

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#ScalpingStrategy The idea
Open a trade, get out of it quickly with a small profit, and repeat the process dozens or even hundreds of times a day!$BTC 

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#ScalpingStrategy Scalping is defined by short holding periods, a high number of trades, and small profit margins per trade. Scalpers hold positions briefly, often closing them within minutes or seconds. They trade frequently throughout the day to accumulate profits from many small gains. Each trade aims for small profits, but the high volume of trades helps to achieve overall profitability. This strategy requires strict discipline, quick decision-making, and effective management of risk in a fast-moving market. 1 . Short holding periods Scalping involves holding positions for extremely short durations, often ranging from seconds to minutes. This approach contrasts with traditional investment strategies that emphasize holding assets over longer periods to capture more substantial price trends. 2 . Frequent trading Scalping traders engage in numerous trades throughout a single trading session. The frequency of trades is a defining characteristic of this strategy, as scalpers seek to accumulate profits through a high turnover of positions. 3 . Small profit targets The primary objective of a scalping strategy is to capture small price differentials on each trade. The cumulative effect of these incremental gains contributes to the overall profitability of the scalper's trading activities.

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The rising cost of servicing the national debt, along with spending growth in Social Security and Medicare due to the aging of America's population, are the main drivers of the widening federal budget deficit – which is projected to total about $1.9 trillion in fiscal year 2025#USNationalDebt

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In the latest cryptocurrency updates, Binance Coin (BNB) is currently trading within a defined range of $400 to $800, with traders eyeing these key levels for potential breakout opportunities. Meanwhile, Bitcoin has experienced a slight decline, now priced at $103,984.10, reflecting a minor drop of 0.12%. In contrast, the Story (IP) token continues to struggle, down 8.74% as initial hype fades, highlighting broader market pressures affecting altcoins. Additionally, David Sacks has advocated for the Genius stablecoin bill, which could bring the $250 billion offshore stablecoin market under U.S. regulation, potentially boosting the dollar's global demand. Lastly, Bitget has secured a digital asset license in Georgia, marking its expansion into Eastern Europe, a region known for its favorable crypto regulations. These developments illustrate the dynamic nature of the cryptocurrency market, with significant implications for traders and investors alike.#Write2Earn #bnb $BNB #cyrptocurrency #IranIsraelConflict

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Red packet $BTC $ETH

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Hackers say they wiped out $90 million from Iran cryptocurrency exchange DUBAI, United Arab Emirates (AP) — Hackers with possible links to Israel have drained more than $90 million from Nobitex, Iran’s largest cryptocurrency exchange, according to blockchain analytics firms. The group that claimed responsibility for the hack leaked on Thursday what it said was the company’s full source code. “ASSETS LEFT IN NOBITEX ARE NOW ENTIRELY OUT IN THE OPEN,” the group wrote on its Telegram account.#CryptoStocks #IsraelIranConflict $BTC

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