Daytrading and scalping in cryptocurrency markets

[LeghoLasagna 69]

Hello everyone!

I haven't been here for a long time.... And nothing appears to have changed here. I expected to find threads here by traders who switched from the Forex market to the Crypto market, but I can't seem to find any, let's say, pertinent threads on Crypto trading.

Let's try to find other experienced crypto traders, especially scalpers, and share our knowledge here.

[DinkFool 51]

In my scalping strategy, I use scalping soft, which gives me level 2 quotes and allows me to open and close trades with a single mouse click. I trade both futures and spot prices. For chart analysis, I use another program that I really enjoy.

What are your preferences, and what kind of trading software do you use?

[ScandanaviaDover 36]

Could you please share the broker you use to trade cryptocurrencies? I'm also interested in trading them.

[PlanetFortnite 33]

Hi!
I trade on the Binance and FTX exchanges.
They both provide APIs that allow third-party soft providers to connect to DOM.

[JumpyStoryteller 7]

Yes, I'm using the free version. There is also a PRO paid version, but we do not require it.

[AmericanPixel 10]

I'm here to teach, but only to those who want to be taught. I value your time, but I value mine more.

Did you follow all of the steps I mentioned in post #14? I am confident that if you spent just a couple of hours downloading the software and watching instructional videos, you would find 90% of the answers to your questions.

Please make it and return with specific questions, dear friend.

Thank you in advance!!

[golfScorpion 28]

The twenty-fifth week of the year. Given that the statement only includes perpetual futures trades, this is not a bad result. Aside from that, I made about 4500 USDT in spot trades, which are not reflected in the statement. As a result, the total result is nearly 8000 USDT.

[GambitMark 7]

Yes, I have finished all of the steps. To be honest, I've already opened an account with FTX, downloaded Quantum, opened an account with Binance, and installed FSR Launcher. It's a piece of cake to create APIs... I looked at English video tutorials for FSR, but I'm not an advanced trader, so I'm not sure what they're talking about. For example, I noticed that there are dozens or hundreds of videos in other languages on the YT channel, but only four in English, and those four I couldn't figure out how to work with the FSR, so they don't seem to be enough for me. I mean, it appears to be a bit complex because the guy starts talking about really basic things, triangles, all that...really easy to understand, and then all of a sudden he starts operating in the FSR and we should know how he's doing this or that, what this or that line, this or that command, this or that value means. Sorry for being a bit slow, but...I believe this is much better explained in the language that has hundreds of videos - russian, it appears? - than in English... I understand what limit orders are and how an order book works, but I still can't get into the logic of this software. More experienced traders, I believe, should not have such reservations, but... well, I admit my flaws. I am here to learn, and I thank you in advance for any assistance you may be able to provide.

[CuteCom 58]

Dearest pal, Forex is an efficient market, so it has unlimited volatility and strong market makers-for example, you can't see (really see) a couple of percent market move on majors because supply and demand are balanced. It is true that the FOREX market did not become effective overnight. Years ago, the market was much more volatile, with more opportunities to profit from ineffective (when there is a large disparity between supply and demand) market moves.

Today's crypto market is fantastic for a wide range of traders, including scalpers, day traders, and mid/long term investors. During the day, you can see a lot of non-effective understandable market situations with a high Risk/Profit ratio in the DOM and work them out.

For the time being, cryptocurrency is a very interesting and important market. For the time being, it is money shared, and it is a sin for a trader not to pick them up. I share really effective tools for peaking them up with the community here, so the rest is up to you.

[Half-witChimichanga 20]

Crypto tokens are classified into two types. One is used to purchase services, while the other is used to sell services. There is a lot of buzz surrounding these tokens because they will soon be used to buy anything and everything. However, this time, users are not required to pay anything in order to use it. This hype is essential for making the best decision for you and keeping track of what is happening with this coin. In any case, you can buy or sell bitcoin on this reputable platform. They received low fees, and I am confident that you will be pleased.