1. Scalping Basics
Goal: Small, frequent profits from short-term price movements.
Timeframes: Usually 1-min to 5-min charts.
Tools needed: Fast execution, low-latency platform, and tight spreads.
2. Indicators
Choose a few, complementary indicators to avoid clutter:
Trend: EMA (9, 21) or VWAP.
Momentum: RSI (14), Stochastic.
Volatility: Bollinger Bands, ATR.
Volume: Volume spikes confirm entries/exits.
3. Signals
Entry signals: Crossovers, breakout above resistance, rejection from support.
Confirmation: Look for multiple indicators aligning (trend + momentum).
4. News
Why it matters: Sudden news can spike volatility.
Sources: Twitter, Binance News, CoinDesk, economic calendar for forex.
Tip: Avoid holding large positions during major announcements.
5. Leverage (100x)
High risk, high reward: Only use small portions of capital.
Stop loss is critical—even 1% adverse move can wipe out your position.
6. AI Bot
Can help with signal generation, pattern recognition, or risk management.
Never fully rely on bots; always verify signals manually.
7. Strategy Essentials
Entry: Defined by your indicators & setup rules.
Stop-loss: Predefined; don’t move it emotionally.
Take-profit: Based on risk-reward (e.g., 1:2 or 1:3).
Repeatable edge: Master one type of trade that consistently works.
8. Risk Management
Risk per trade: 0.5–2% of account balance.
Leverage: Only apply to the risked capital.
Avoid overtrading: Stick to your setups.
9. Telegram Tips / Alerts
Can provide timely entries, but always check before entering.
Avoid blindly following multiple sources—noise can be costly.
10. Master One Edge
Focus on one repeatable strategy: e.g., scalping pullbacks on high volume.
Ignore distractions: multiple coins, channels, or contradictory signals.#CPIWatch #WriteToEarnUpgrade #BTCVSGOLD
