#MyTradingStyle The most commonly used tools include exponential moving averages (EMA 9 and EMA 21) to detect trend crosses, the RSI to identify overbought/oversold conditions, and volume to confirm movements. Entries are made when there is confluence of technical signals, and profit targets usually range from 0.2% to 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.