#ScalpingStrategy Scalping demands precision, discipline, and a robust strategy to capitalize on small price movements. My approach starts with selecting highly liquid assets like BTC/USD on Binance, ensuring tight spreads and fast execution. I use a 1-minute or 5-minute chart with technical indicators like moving averages (EMA 20/50), RSI, and VWAP to identify momentum and overbought/oversold conditions. My setup includes a clear entry and exit plan: I enter trades at key support/resistance levels or breakout points, targeting 0.1-0.5% gains per trade.
Risk management is critical. I set a strict stop-loss at 0.2% below entry to limit losses and maintain a 1:2 risk-reward ratio. Position sizing never exceeds 2% of my account per trade to avoid overexposure. I rely on real-time order book analysis and tape reading to gauge market sentiment, exiting trades swiftly if momentum fades. Staying disciplined, avoiding overtrading, and reviewing each session’s performance keeps my edge sharp in this fast-paced environment.