Contents of this article:
Scalping strategy , a trader has a chance to quickly increase the deposit, because this style of trading allows you to make a profit almost instantly. But to get a tangible income, the scalper needs to open as many trades as possible. This is high-frequency trading , which is not for everyone. Let’s figure out how much you can earn on scalping , and how to use it effectively.
How does a scalper make money?
The essence of scalping is to profit from short-term trades. Scalpers open positions for just a few minutes, quickly react to rate changes, fixing the minimum profit. The income from one transaction is small, since the profit is only 2-3 points, but the more transactions a dreider opens , the more he earns. The main task of the scalper is to make the maximum possible number of short-term transactions during the trading day in order to receive significant income in total.
Depending on the type of scalping, transactions are held from a few seconds to half an hour. The fastest and most stressful option is pipsing , when positions are held for several seconds, a maximum of a minute. Medium-term scalping allows you to open orders for 5-10, maximum 15 minutes. And conservative scalping involves holding a position for up to 30 minutes, especially if the trader has caught the trend. The shorter the trades, the more they can be opened per day, increasing the amount of potential profit.
How many scalping trades per day a trader can open depends on their duration, as well as the discipline and skills of the scalper himself . Professionals create dozens of orders, successfully closing most of them. To increase the frequency of transactions, trading bots are used.
How much can you earn with scalping on the stock exchange?
It is impossible to say exactly how much you can earn per day on scalping . The total daily income of a trader depends on the number of executed orders, their duration and effectiveness. Scalpers tend to make profits of 2-3, maximum 5 pips. But the income from the transaction may be higher if the trader caught the trend and did not rush to close the transaction, fixing the minimum profit.
A scalper’s earnings per day also depend on the commissions he pays to the exchange. A commission is charged for each trade, so it is important to choose a trading platform with the most favorable conditions in order not to give half of the daily income to the exchange.
What percentage is the scalper earns does not depend on the chosen trading strategy, but on the skill of the trader and the ability to effectively use the chosen method. Earnings can be either 30% or 100% per annum, there is no limit.
Recommendations for increasing potential profit:
Use a demo account to practice, improve your skills and bring trading to automatism. Learn how to use indicators, choose the trading tools and trading style that suits you . The more comfortable you will be to trade on the stock exchange, the faster you will come to the desired income.
Test and improve your strategy. Try several scalping strategies , choose the optimal one and improve it in order to effectively go to high income.
Adjust to the market. Flexibility and the ability to quickly rebuild a strategy on the go are important skills for a trader. Follow trends and change tactics if the market requires it.
How to go from beginner to successful scalper?
how many percent of the profit the scalper’s deal should bring . The peculiarity of scalping is to fix a small profit, in a few points. To make as many profitable trades as possible per day, a beginner needs to:
study the most popular strategies;
master the basics of technical analysis;
learn how to use indicators;
follow the news from the world of digital assets and financial markets, use fundamental analysis;
choose an effective trading bot;
choose a currency pair with high liquidity and volatility;
master the strategy of risk management.
go from a novice trader to a successful scalper ! In Crypto Crew train beginners to effectively trade on the stock exchange using the best strategies.