Staying at home doesn’t mean it’s unproductive. Now, anyone can become a real trader by withdrawing up to the day. Many Indodax members use the Scalping technique, which is the technique of taking whatever profit regularly by selling and buying several times a day.

Scalping involves hundreds of trades every day where they are held in a very short time, sometimes making a few seconds; thus, the benefits are small, but the risks are also reduced.

Really when there is an opportunity, it’s not wasted, right?

Scalping is required for a trader to have a strict exit or sell strategy because one big loss can take away many of the profits a trader has managed to make. So, a scalper will always see an opportunity when there is an increase in price.

Then, do we have to keep paying attention the charts 24/7?

Yes and no. You can take advantage of and use features on Indodax that can help your transaction process as a scalper. Indodax has a Limit feature where you can determine the selling or buying price according to the price you have entered. Then when the crypto asset of your choice enters that price, the order will take care of itself. Easy, right?

In addition, if you use the limit method, your buying and selling process is free. You can read more about the limit feature here.

Looking at trends and momentum is very useful for scalpers who can even enter and exit to set patterns. A beginner can understand market resistance, and once a scalper has identified it, trend trading and momentum trading can help achieve more profitable trades. But beginners should avoid using this strategy and stick to trending trades.

How, so far have you been interested in becoming a true Scalper? Don’t worry, if you still need other trading tips and tricks, read our other articles here.

You can also watch the Indodax Academy video or the best scalping strategy.

Don’t forget to follow our other social media, OK! See you in the next article!