Altcoins
ScalpingScalping refers to cutting just a little bit off the top. As soon as you are able to make a small profit you sell. When the price goes down again by a small ammount you buy and then sell again when you are able to make a small profit. The chances that the price changes enough for you to make these trades is high. You are going to need to cover your exchange fees which differ from exchange to exchange (BTC-E 0. 2% CRYPTSY 0. 2% BUY 0. 3% SELL). The fees can vary so pay attention. You can do scalping “manualy” by watching the 1 min charts. This can be a lot of work for very little return. Some people enjoy this kind of work. If you are even going to attempt this you need to do it in a totaly unemotional way and be able to know when to cut your losses. Are the small profits you are getting from scalping worth the eye damage from staring at 1m charts for hours? The best way to scalp is to use a trading bot. The bot is not human, it can not trade faster than a human but it wont make as many stupid mistakes as a human trading. To set up a bot to scalp is very easy and you can just let it run. There are still risks, if the price spikes up really high or crashes really low then you might have bought or sold at the wrong time( your last buy right before a crash or your last sell right before a spike) the bot can help here too. You can set up a stop loss to guard against crashes and a roof-in or roof-out to guard against spikes. В The bot also calculates the trade fees by itself. All of these things together make scalping a low risk and low but steady profit strategy. Here is how to set up the Advanced Trade Bot to scalp altcoin markets:Get this trade bot at haasbot. com with the promocode: 5offORGet a discounted licence at AdvancedTradeBot. com
