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Daytrading/Scalping in Crypto markets

  • #21
  • Jun 25, 2021 2:29am Jun 25, 2021 2:29am
Im looking more and more into this but as institutional money comes in it will become just as much like trading forex.
  • #22
  • Jun 25, 2021 4:35am Jun 25, 2021 4:35am
Quoting Forextobe
Im looking more and more into this but as institutional money comes in it will become just as much like trading forex.
Dear friend, Forex is an effective market,so it have limitless volatility and strong market makers-for example you can't see(really rear) a couple of percent market move on majors,bacause it has balanced supply and demand. It is a fact that the FOREX market didn't become efficteve in one day.Years ago it was much more volatile with more opportunities to catch an non-effective (when there is big disballance between suply and demand) market move and make money.

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

Crypto for the moment is a really ineresting and vital market. It is sharing money for the moment, and it is a sin for a trader not to pick them up. I share with the comminity here really effective tools for peaking them up , so the rest choise is up to you.
Success is nothing more than a few simple disciplines, practiced every day.
  • #23
  • Jun 25, 2021 4:51am Jun 25, 2021 4:51am
Quoting VonKijpers
{quote} Yes I've completed all steps. I have to be honest with you, I already opened account with FTX, downloaded Quantum, Opened account in Binance and installed FSR Launcher. Creating APIs all that very very easy... I took a look at english video tutorials for FSR, but I am not an advanced trader and hence I am not well inside what they talk about. For example, I noticed that there are dozens or hundreds of videos in another language in the YT channel, but only 4 in english, and those 4 I could not understand how to work with the FSR, they dont...
Very good you perform all the steps .So your trip is started,my congrets! Nobody say that it will be easy ,but belive me if you work hard enough during a couple of month or maybe more you will see touchable results.
Yes , you right soft developers are russians ,so the most videos are in russian. But I found at least 8-10 videos on their channel incuding Free of charge scalping course(3 parts) on english,and they are not bad at all. To understand the DOM's dynamics and phisics they are enough.The rest is- practice practice and one more time practice.

You r welcome and keep in touch!
Success is nothing more than a few simple disciplines, practiced every day.
  • #24
  • Edited 4:20am Aug 3, 2021 3:13am | Edited 4:20am
There are two types of Crypto tokens. One is used for buying services, and another one is used for selling services. There is considerable hype around these tokens because soon, everyone will use them to purchase anything and everything. But this time, the users don’t need to pay anything to use it. This hype is critical to make the right choice for you and keep track of what is going on with this coin. Anyway, if you want, you can comprar o vender bitcoin on this trusty platform. They got small fees, and I am sure that you will be delighted with it.
  • #25
  • Aug 3, 2021 2:40pm Aug 3, 2021 2:40pm
Quoting kuriisenbo
There are two types of Crypto tokens. One is used for buying services, and another one is used for selling services. There is considerable hype around these tokens because soon, everyone will use them to purchase anything and everything. But this time, the users don’t need to pay anything to use it. This hype is critical to make the right choice for you and keep track of what is going on with this coin. Anyway, if you want, you can comprar o vender bitcoin on this trusty platform. They got small...
Probably you didn't get what this thread is about. The information here mostly for scalpers and daytraders. The only thing we need is volatility and liquidity- and thats all .
Anyway thanks for the information.
Success is nothing more than a few simple disciplines, practiced every day.
  • #26
  • Aug 4, 2021 2:30am Aug 4, 2021 2:30am
Quoting Machinator
{quote} Probably you didn't get what this thread is about. The information here mostly for scalpers and daytraders. The only thing we need is volatility and liquidity- and thats all . Anyway thanks for the information.
I will be more attentive.Thank you))
  • #27
  • Aug 9, 2021 9:03am Aug 9, 2021 9:03am
Hi @Machinator,
Thank you for your interesting topic, it gives me some ideas..
I seen your results, i have a question: how about yours capital investment, leverage trading?
Thanks you -)
  • #28
  • Aug 9, 2021 2:35pm Aug 9, 2021 2:35pm
Quoting mr.smil3
Hi @Machinator, Thank you for your interesting topic, it gives me some ideas.. I seen your results, i have a question: how about yours capital investment, leverage trading? Thanks you -)
Hi!

I use different trading volumes depends on a situation. For regular ones for ex. rebound from a big volume in the DOM I use 1 to 4 leverage.
Sometimes when I am sure in the situation and in a very small loss 0.1% -0.5% maximum,and the liquidity in the DOM is enough, I can load all the buying power I have-for the moment binance and ftx provides max 20x leverage for future trading.

I have deposited my binance and ftx accounts by one one time each .It was this year in february and I started just with 100 $ in each account. Taking into consideration my 3 years experience in stock and futures trading in Moscow exchange(MOEX), lets say it was not difficult to build an impressive trading account in a couple of months.
Success is nothing more than a few simple disciplines, practiced every day.
  • #29
  • Aug 11, 2021 9:13am Aug 11, 2021 9:13am
Quoting Machinator
{quote} Hi! I use different trading volumes depends on a situation. For regular ones for ex. rebound from a big volume in the DOM I use 1 to 4 leverage. Sometimes when I am sure in the situation and in a very small loss 0.1% -0.5% maximum,and the liquidity in the DOM is enough, I can load all the buying power I have-for the moment binance and ftx provides max 20x leverage for future trading. I have deposited my binance and ftx accounts by one one time each .It was this year in february and I started just with 100 $ in each account. Taking into consideration...
Thanks for sharing,
You're a full-time trader? Can you share yours trading strategy (i mean about chart analysis or something like this)
  • #30
  • Edited 3:29am Aug 12, 2021 2:42am | Edited 3:29am
Quoting Machinator
I think to meet here threads by traders who moved from Forex to Crypto market, but instead I don't find any let's say adecvate thread on Crypto trading.
Spreads and trading fees for trading in cryptowhatever are way too expensive. In example, I pay no fees trading cfds on indices, stocks or gold; have tiny spreads and have at hand high leverage (100x) - why would I trade crypto? And on top of it all, cryptowhatever is just based on inflated air - here today, gone tomorrow. The only thing cryptowhatever exchanges might offer over cfd brokers is when it comes to tools: API, DOM.
Return To Disorder
  • #31
  • Aug 13, 2021 2:22pm Aug 13, 2021 2:22pm
Quoting mr.smil3
{quote} Thanks for sharing, You're a full-time trader? Can you share yours trading strategy (i mean about chart analysis or something like this)
You are always welcome!

Yes ,I am a full time trader.Years ago I was investigating why the price move. I found that the only thing which is moving the price is money. Where you can find this information? Only in the DOM.I understoond that the Forex market is decentralized and very effective ,and to find a real interbanking Forex(not CFD) is very complicated and very very pricy. So I started to dig in another direction. I found a prop trading company in my country ,which was specialized on stock and fututre trading on Moscow exchange platform. I have a family and a doughter so I have to work aside and only one day in a week I had chance to trade. It is not a joke but I started just with 200 rubles(about 4- 5 US dollars) on my prop trading account)) .So I learnt to trade to and to manage risks to made form this 200 russian rubles 1000,then 10000 then 100.000 and etc. In the middle of this path I left my job and build an account which is enough to trade and to live. I came to crypto a little bit later ,my some colleges from prop by that time builded 300-400k Us dollars accounts. But it is still not late ,crypto market is moving and has a great future potential to move later, so anybody of us can repeat their records or even outperform them.

My trading strategy is very simple. Looking in the DOM I am trying to find and understand why the price going up or down. Every time When I understand this I make money or have a small loss. It could be big volume in the DOM, it could be buying or selling robot,it could be market inefficiancy like price squize or discorellation between spot and future price etc etc etc. I use also a chart analysys lets say for price rebound or breakout,but every timeI am trying to find understandable situation in the DOM.

Regards!
Success is nothing more than a few simple disciplines, practiced every day.
  • #32
  • Aug 13, 2021 2:49pm Aug 13, 2021 2:49pm
Quoting rockit
{quote} Spreads and trading fees for trading in cryptowhatever are way too expensive. In example, I pay no fees trading cfds on indices, stocks or gold; have tiny spreads and have at hand high leverage (100x) - why would I trade crypto? And on top of it all, cryptowhatever is just based on inflated air - here today, gone tomorrow. The only thing cryptowhatever exchanges might offer over cfd brokers is when it comes to tools: API, DOM.
Hi ,Rockit. Thanks for participation in the thread!

With all possible respect you are not right in some aspects. Due to my trading volumes I have some discount in fees, so I paid 0.005% comission as a maker ,and 0.05% comission as a taker. Belive me it is more than enough even for ultra fast scalping.

I am sure you now when you trade CFD you are not own an asset like when you are buying stocks or other financial instrument on a goverenmental regulated exchanges,or buying spot on Crypto exchange. So you are just betting where the price will be. I dont claim that it is not possible to make money in long perspective trading like this, but there are better and more profitable places to use your trader's talent,if you have so.

As about leverage , it is very simple for broker to give 100X leverage when the price moves +- 1% per day. I am old enough to remember the only price squize in FOrex market I saw on USD/EUR/CHF when the National bank of Switherland made its famous announcement,and I remember how many Forex brokers went down with the real huge loses. In crypto market you can see just everyday 20% squizes , price Dumps for 100%,200%300% ....3000% etc etc etc. So for such kind of moves 20X leverage is the most you can use if you are smart enough.

And in the last I dont want to argue where the crypto market will be tomorrow, next week,next year. I am a daytrader/scalper,as long as it exists and moving ,I will be trying to earn money from it.

Regards!
Success is nothing more than a few simple disciplines, practiced every day.
  • #33
  • Edited 11:10pm Aug 13, 2021 10:53pm | Edited 11:10pm
Quoting Machinator
{quote} You are always welcome! Yes ,I am a full time trader.Years ago I was investigating why the price move. I found that the only thing which is moving the price is money. Where you can find this information? Only in the DOM.I understoond that the Forex market is decentralized and very effective ,and to find a real interbanking Forex(not CFD) is very complicated and very very pricy. So I started to dig in another direction. I found a prop trading company in my country ,which was specialized on stock and fututre trading on Moscow exchange platform....
Thank you for sharing your story, it's interesting to me
I want to start my journey, like you, too -)
And now, I try to learning something basic, first..

Keep sharing, bro

P/s: i realized that DOM is Depth of Market (book orders), right?
  • #34
  • Aug 15, 2021 9:59am Aug 15, 2021 9:59am
Quoting mr.smil3
{quote} Thank you for sharing your story, it's interesting to me I want to start my journey, like you, too -) And now, I try to learning something basic, first.. Keep sharing, bro P/s: i realized that DOM is Depth of Market (book orders), right?
Hi !

To start I recommend the basic excercise for all the scalpers. Find an instrument or a couples with a large spread(distance between the best seller and buyer price),Find an activity on it and try to to collect the spread. It is easy.

Inserted Video


Inserted Video


Both videos are in russian,but you don't need to undesrtand the speech.Just look in the DOM(you are right it is order's book) and look and learn what the speaker is doing. He is collecting spread and liquidity in the DOM. Start ,collect the spread for a couple of days , analize the activity in the DOM and try to understand the physics of the price move.
*In the first video the speaker collecting the spread on a non liquid instrument , on the seoncd video the speaker is making the same ,but from the big volume in the DOM.

Regards!
Success is nothing more than a few simple disciplines, practiced every day.
  • #35
  • Aug 18, 2021 10:35am Aug 18, 2021 10:35am
Trojan:Win32/Zpevdo.B detected.
file: C:\Program Files (x86)\FSR Launcher\SubApps\CScalp\CryptoScalp.exe
Anyone got the same problem?
  • #36
  • Aug 18, 2021 11:30am Aug 18, 2021 11:30am
Quoting Mike.Hatzis
Trojan:Win32/Zpevdo.B detected. file: C:\Program Files (x86)\FSR Launcher\SubApps\CScalp\CryptoScalp.exe Anyone got the same problem?
Yes, wthh the last update Windows defender detecs this problem .I have no doubt this is some technical issue which will be solved with the next update. This soft is used by tons of professional traders and the developer is more than trysty.

Regards!
Success is nothing more than a few simple disciplines, practiced every day.
  • #37
  • Aug 20, 2021 4:13am Aug 20, 2021 4:13am
Current week future trades trade by trade. It includes future trades only.Besides I have made almost 7k USDT on spots(Mob,Cell,Doge,Eth,Xrp...).

Have a nice weekend and see u in the DOM!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot Diary.jpg Size: 889 KB
Success is nothing more than a few simple disciplines, practiced every day.
  • #38
  • Aug 26, 2021 11:55am Aug 26, 2021 11:55am
i have one question. is perp a stable coin? i cant find it on binance.
  • #39
  • Aug 27, 2021 3:51am Aug 27, 2021 3:51am
Quoting Machinator
Current week future trades trade by trade. It includes future trades only.Besides I have made almost 7k USDT on spots(Mob,Cell,Doge,Eth,Xrp...). Have a nice weekend and see u in the DOM! {image}
Impressive results from scalping especially from crypto scalping.
  • #40
  • Aug 27, 2021 9:42pm Aug 27, 2021 9:42pm
Quoting Mike.Hatzis
i have one question. is perp a stable coin? i cant find it on binance.
Perp most probably stands for the perpetual futures contract.
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