By Raj Kumar Prasad - January 18, 2023
There are many strategies that will help you get started with your trading. And yet, do not forget about the risks, no one is immune from losses.
Speaking of this strategy, it will suit users who tend to enter and close trades in a short period of time. The scalping strategy focuses on making small, quick profitable trades and is not based on quality.
Before embarking on an options scalping strategy, you should study the information and try it out for a start with a small investment.
To understand the meaning of this strategy, let’s analyze its indicators.
Knowing these indicators, let’s analyze the stock scalping strategy:
To get started, solve the following tasks: When to trade and what? entry points. When to take profit?
If we talk about intraday scalping, it is possible only on assets with high volatility. The Forex market, large companies with a multi-billion dollar capitalization, and the commodity market are well suited here. Futures contracts perform well in this tactic.
A futures contract is nothing more than an agreement to buy/sell a specified commodity in the future. The price for such a futures contract is registered immediately at the time of the deal agreement. What’s the point of this? Such an option allows the scalper to buy or sell a futures contract at a specified price in the future.
It should be remembered:
What is scalping trading strategy? There are two main types: discretionary and mechanical.
Discretionary – intuition in a team with non-obvious sets of signals. Mechanical – systemic strategies, entry points will be clearly dictated by the rules.
Speaking about the purchase and sale of cryptocurrencies, you should to mention the Binany website. What is the Binany trading platform?
Here you can earn on trading cryptocurrency (all popular currencies are available, including bitcoin), fiat currency, stocks. It is the best platform to trade cryptocurrency in india.
How do options work? Let’s explore binany reviews.
An option is a derivative asset, its price depends on the value of the underlying shares. Based on this, trading has a high risk as well as profitability.
On your lucky day, a 1% increase in the underlying stock could equal a 5% increase in your entire options portfolio. Unfortunately, the situation can be reversed as well. Due to the high risk, investors are not always ready to invest all their funds in options for fear of incurring unexpected losses.
Where there is risk, there is always profit. Where there is profit, there is always risk. Before you start making a profit (up to 90% of the transaction amount), you need to know that every risk, like every income, is fixed in advance.
As mentioned earlier, closing a deal is one of the easiest and most affordable ways to make money. The minimum stake (in other words, the amount of the transaction) on Binany.com is 30 rupees. And the minimum deposit amount is 300 rupees.
First you need to make a deal. We choose the expiration time (that is, the option closing time) and wait for the end of precious seconds. The platform will check if you made a correct prediction, and if it turns out to be correct, then you will receive a profit of up to 90% of the invested amount.
Binary options are a relatively new financial instrument with which a trader can trade precious metals and oil or currency pairs (liquid goods). Simply put, this is a bet with two possible options: a correct forecast and a profit, or a wrong forecast and a loss of investment.
Popular currency pairs to trade on binany1.com:
In a world with rapidly developing technologies and great opportunities, you can find any information and become knowledgeable in any field.
If you are determined to succeed with this strategy, be patient and study the cryptocurrency scalping strategy in detail.
Perhaps over time, having developed your skills, you will be able to choose your best crypto scalping strategy, but first master the basics.