Scalping for Dummies: How I Almost Lost My Mind

robot
Abstract generation in progress

Sitting in front of the monitor for the fourth hour in a row, I catch myself thinking - does anyone really call this a "strategy"? My eyes are watering from the strain, and my finger on the mouse button is already cramping. Here it is, the famous scalping that is so admired in the crypto community!

My personal battle with scalping

Scalping in crypto is like hunting mosquitoes with a bazooka. The beast seems small, but you spend nerves as if in war. You open a trade literally for seconds or minutes, catching microscopic price fluctuations, and praying that your tiny profits are not devoured by the commissions of those greedy exchanges.

Every day I spend in endless nerve-wracking, opening dozens, even hundreds of positions. "Small profits gradually accumulate" - they say. Ha! But for some reason, they are silent about how these same microscopic losses accumulate.

Why this "strategy" is for masochists

Volatility? Of course! It’s just that whenever I go long, the market always goes down like it's been shot. Liquidity? A wonderful thing, as long as it doesn’t disappear right at the moment when you urgently need to close!

Technical analysis? Honestly, I've started seeing patterns even on the wallpaper in my room. RSI, moving averages, order book - all of it works wonderfully... in hindsight. But in real-time, these indicators are like horoscopes - they sound convincing, but for some reason, there's no profit.

Scalping vs Long-term: The Competition of a Bullet with a Shell

Long-term trading at least gives you the chance to sleep at night. Scalping, on the other hand, turns you into a jittery zombie, flinching at every red candlestick tail.

Long-term investors carefully study projects, tokenomics, and market trends. And what about me? I stare at the blinking numbers and try to guess where the price will move in the next second - as if I'm playing the most stressful lottery in the world.

Of course, newcomers love scalping - it seems easy. You open, wait a minute, close, profit! But the reality is harsh: it's like trying to collect coins on the highway - it seems like money is lying on the road, but the risk of being crushed by the market is just enormous.

And you know what's the most ridiculous thing? While I'm here struggling, trying to squeeze pennies out of micro movements, someone simply bought bitcoin a year ago and is sleeping peacefully while their capital has grown several times.

So if you want to turn your life into endless stress, lose sleep, eyesight, and the remnants of mental health - scalping is definitely for you. I would advise others to think twice.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)