A pet peeve of mine is when people say not to trade the chop on bitcoin.
"Chop" for $BTC is usually just a range, which is actually quite easy to trade with good risk management.
a few solid range scalpers:
@Tradermayne
@HsakaTrades
@SalsaTekila
@Bitdealer_
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Replying to @AltcoinPsycho @Tradermayne and
I mean it depends on what kind of trades you're talking about. Swing trading a tight range is pretty stupid, scalping a range can be very profitable. Big money, at least in my opinion is usually made swing trading, not scalping.
1 reply 1 retweet 13 likes -
Replying to @CryptoDonAlt @Tradermayne and
Big money is definitely made in swings, but low risk scalp setups inside a range compound quite nicely :)
1 reply 0 retweets 11 likes -
Replying to @AltcoinPsycho @Tradermayne and
Yeah, fully agreed. Scalps done well can add up very quickly. And some people, like the ones you mentioned, have perfected their craft. Just thought I'd add because in my opinion most people look at low timeframes too much and ignore the HTFs
3 replies 1 retweet 11 likes
Well said. Also, even while scalping, it's always prudent to have a HTF bias for risk adjustment.
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