TRADING //SCALPING A STRATEGY TO QUICKLY MONETIZE

over 3 years ago

Author: @madridbg, through Power Point 2010, using public domain images.

Welcome my dear readers who make life and share content daily from the community of @project.hope, where publications associated with technology, trade, crypto-currency and biosecurity share a meeting point in this platform.

Throughout my inclusion to the digital business, specifically in my conceptual training in trading, I have come across a great deal of information and strategy that according to the creators' point of view are effective in monetizing and duplicating our resources. Without a doubt, I am still in the amateur phase so my incursion in this world has not been easy and so my training process continues to advance daily.

Image 2. The digital world requires money, talent and patience. Image of public domain. Author: geralt en Pixabay.

In this sense, through these lines I want to share part of the rationale of the scalping strategy very popular in the network for its speed in the capitalization at the time of buying and selling assets. This strategy is based on speculation rather than an investment that we make through the market, where we operate or make operations in short periods of time, looking for small profits in terms of pips.

Without a doubt, it is a strategy that from my point of view must be well conceived by the traders since there are more risks than profits. The secret of this activity lies in how many times we are able to replicate the process and thus generate small profits but constant that with time and the amount of operations, they become income that leaves good dividends economically speaking.

Image 3. Your knowledge will draw the line between winning and losing in the trading world. Image of public domain. Author: geralt en Pixabay.

Therefore, if we want to obtain good results by means of this technique, we must start an adequate training in relation to the technical analysis and keep the price action under our magnifying glass. Similarly, due to the nature of the strategy, the type of broker is essential for its operation, we must look for one that offers a lower percentage of spreads because otherwise the commissions of this, we would take away the few profits generated.

Image 4. The management of the variables of the trading allows to understand in depth the behavior of the markets. Image of public domain. Author: ds_30 en Pixabay.

So far we have mentioned three variables that we must take into account, which refer to price control, technical analysis, and the use of brokers, however we must adapt indicators that allow us to understand in some way the price action and work in favor of trends.

As for indicators, there are many that we can use, among which are the Bollinder bands, Ichimoku, the RSI scalpin, pivot points, moving averages, among others. Due to the theoretical orientation of this publication, we will focus on the latter because it is the one I have been handling so far during my self-training process.

The moving averages and the different types of crosses they generate do not yield important information in the use of the strategy and we can configure them under three conceptions that go from the simple, passing through the weighted and ending in the exponential and according to the type of crosses we can mount our strategy.

Image 5. Constancy and discipline are the key to success in this complex world. Image of public domain. Author: mohamed_hassan en Pixabay.

Once all the technical details have been fine-tuned, all that remains is the implementation of the program, which is determined by our dedication, control and discipline in accordance with our strategy and is what will allow us to walk the fine line between winning and losing our capital.

Without a doubt, trading in its different facets is not an easy process to follow, for this we must dedicate attention and time to train ourselves in it. The same happens with the scalping since we need to invest long periods of time to determine the best signals of entries and exits of the market.

If you have reached this point I invite you to leave your comment, it will allow you to continue growing in the community and to continue acquiring relevant information from those more experienced users in the trading world.

BIBLIOGRAPHY CONSULTED

[1] Daniel Pingarrón. ). Scalping: how to gain points to the market. Financial products. cfd's Article: Online Access

[2] Xiaolong Liu. (2015).. ). Analysis and management of operational risk of arbitration Scalping. Faculty of Economic and Business Sciences. Madrid Article: Online Access

OF INTEREST

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