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What is scalping?

Scalping is a high-frequency trading strategy that aims to make small profits through quick trades, typically lasting seconds or minutes. The low fees on Binance (0.1% for the spot market) and its high liquidity make it ideal for scalpers.

- ** High frequency **: executes dozens of trades daily, targeting small price movements.

- ** Leverage **: use 3x to 5x leverage on Binance Futures to amplify profits, but manage risks.

- ** Tools **: use 1 to 5 minute charts, RSI, MACD, and Bollinger Bands on Binance.

** How to scalp on Binance **

1. ** Choose liquid pairs **: Trade BTC/USDT or ETH/USDT for tight spreads.

2. ** Set Stop Loss/Take Profit **: buy BTC at 66,500 USDT, set Stop Loss at 66,400, Take Profit at 66,600 (0.15% profit).

3. ** Monitor the market **: use the order book and market depth to detect entry/exit points.

4. ** Risk management **: risk only 1-2% of your capital per trade (for example, 10-20 USDT in a 1000 USDT portfolio).

** Example trade **

Buy $ETH at 3005 USDT with 50 USDT and 5x leverage (250 USDT position). Sell at 3015 USDT for a profit of 0.33% (4.15 USDT with leverage). Repeat 20 times a day for a profit of approximately 83 USDT, minus fees.

** Safety tips **

- Use the Binance app for quick transactions.

- Avoid high leverage to limit volatility risks.

- First, test strategies on Binance Testnet.

** Conclusion **

Scalping on Binance can be profitable with discipline, but it requires constant monitoring and risk management. Start small and stay informed!

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