THE FREE OF CHARGE SCALPING COURSE

LEARNING SCALPING ON BINANCE FROM SCRATCH

The full course of cryptoscalping is represented by the CScalp team. Totally free of charge course. No registration or advertising. The course is designed for the Binance market exchange, but after completing the course, the trader may apply its knowledges and skills on another market exchange.

Updated: 2021 february.

Thank all the traders who worked on our course! Press the thumbs up! if you think that the authors have to update and develop the course.

RUS ENG

From the CScalp team

We have worked with scalpers since 2008. Seven thousand traders run our trading terminal everyday - we have accumulated a lot of experience. We know that newcomers are going through the grand obstacles. Internet Source has a huge amount of information dedicated to the scalping strategy, but the most of it is useless.

The Course is an attempt to help novice traders. We have removed all unnecessary things and created a clear algorithm of actions. Step by step follow these 10 actions and we assure you, your chances of becoming a profitable trader will be increased several times.

We wish a success in the learning!
Qscalp CScalp официальная бесплатная версия Привода Бондаря
This course is only the professional opinion of authors without any guarantees or promises. This opinion may not match with the opinion of other traders. We allow you to use the course information, but please if you use our information put the link of this page. Thank You.
The course is designed for the newcomers in trading or the traders who want to switch Moscow exchange market to the crypto trading on Binance exchange. Follow 10 actions step by step. Don't rush, the market won't go away. Don't skip "uninteresting" things, because of you want to go learn some that you are interested in. Don't forget that, you invest your time in learning, do it efficiently. These "investments" will pay you dividends, you want it, right?

1. Make a decision! Do you need this scalping course?

Scalping is a popular kind of trading, but not the only one. There are also others, for example swing trading. Do you really need scalping? Watch the video What scalping is? (10 min) and What do you have to know about scalping (for the beginners) (18 min).The videos were not shot very well, but this is the case when the content is more important.

Make sure you understand the main points of these videos. Then answer the questions below. If you answer "Yes" to all three questions, then move on. If at least one answer is "no", it is better not to waste your time learning how to scalp.
Do you have time for learning?
Trading is like a sport. Success is the result of the longterm training. Six months, a year, or even two years, you have to "adjust" your head for the beginning to understand the market. Even if you are a potentially talented trader, the first profits will not come right away. Do you have time that you are willing to spend on learning how to trade? If this time is not available, what is the point of starting?
Do you understand that scalping is a metier?
Scalping is not an art, Scalping is a metier. The scalper sits down at the computer every morning and works more than when he worked by employment. «A trader sits under palm trees, presses two buttons a day and becomes a millionaire» - this is an alluring fairy tale from the Internet, but it is a fairy tale. In reality it's not like this. When trader works - he takes profit. When a trader goes on vacation where there are many palm trees (traders often do this), he does not earn, but only spends money. Do you realize that scalpers spend most of their time at work, rather than traveling and having fun? Are you ready for this?
Do you really like scalping?
Before you start making money using Scalping, you will give it a lot of your time and effort. If scalping is just a way to "make easy money" for you, this means you will get nothing. You will finish earlier, because you can get bored. If trading is your favorite thing, therefore, the road to profit will be faster, more interesting and more exciting. Is scalping more than just another job to earn money for you? Do you have enough motivation?

2. How and where to find answers

During the scalping course, you are supposed to have questions. This is a natural situation. We are convinced that nothing can be taught, only you can learn. Therefore, the most valuable answers are those that you have found by yourself.
Nothing can be taught, only you can learn.
Don't rush to write to chat or support when you have a question. If you always ask every single question, then support or someone will be really tired to answer too many questions... Follow these statements:
#1 First of all you should Google!
Most of all responses can be found in search engines in a couple of minutes. Google and Baidu well know our CScalp help center and official YouTube channel. It will quickly find an answer, just ask the question correctly.
#2 Ask in the chat
Go to the CScalp chat and ask a question. Usually, admins or one of the users will respond to you quickly. But keep in mind that chat messages get lost in the message tape. Chat is not the most convenient place for questions about «how to trade» questions.
#3 Write to the forum
The forum is a place for complex questions. If your question is one of these, then state it in detail. You should attach screenshots or videos of the problem, also attach logs.

Usually on the forum someone responds in a few days.
#4 If it doesn't help, contact support!
If all of these methods don't work, you would better contact support team. Support does not work around the clock, it works on a special schedule.
Keep in the mind that in the support team work tech-savvy people. They know CScalp settings better than trading metier.

3. Sign up on the Binance and open an account

To start trading, you must have an account. You should open a Binance account. This will take 2-3 minutes, and you will only need an email address.

Make sure that you used the referral link to get a discount on a trading fee. Scalpers trade actively, so the amount of fee is really important. Read the article How to open an account on Binance with a minimum fee, or watch the video How to get the maximum discount on Binance (4 min).

Top up your account. We strongly in favor recommend you to start your trading with a little amount of money, it is not a good idea for beginners to transfer a lot of money to the exchange. We recommend you to start with Binance futures, so you should have more than $10 on your account. You can top up your account via debit/credit card, read about it on the Binance website. KYC system (proving your identity) is not required, it is necessary to withdraw money from the exchange. You can start trading without confirmation.

You should explore the personal account of the market exchange and install the mobile app. Mobile app will be used for an insurance. If there are problems on your computer you work on, you can immediately close the position via the mobile app.

Can I trade professionally via the Binance mobile app? The answer is in the video CScalp mobile version. Whether it can be?

4. Connect CScalp to the Binance

Download and launch the CScalp. Downloading and installation are free of charge. Follow instructions or video of How to download and install CScalp (18 min.).You can register directly from this form:
By clicking the 'Get for Free' button, you agree to the 'Privacy Policy'
Please note that the Binance exchange has several "internal" platforms where you may trade different instruments. Connect CScalp to the 3 main platforms to trade.
After connecting, set the minimum operational amount of volume and train yourself to make orders until you stop getting confused. Here is the instruction.

Make the calculating trading fees clear for you. The amount of Binance fee (as well as on other cryptocurrency exchanges) strongly depends on whether you add liquidity to the order book or take it out of the order book. Find out the difference between takers and makers.

Learn how to convert price steps to money. Try to calculate how many profit points on different instruments you need to take to earn your money back, that you spend to the trading fee.

5. Make a detailed and individual configuration of the CScalp terminal

CScalp is your main tool. It's like a hunter's rifle. CScalp may seem very complicated for the beginners. But when you feel free with the usage of the terminal, you will be satisfied by the simplicity.

Configure the CScalp according to the video Setting CScalp up from scratch (38 min). Video is 38 minutes long, so sit back, relax, grab a cup of coffee/tea and watch it attentively. Watch again the difficult moments, read the instruction manual. Don't be greedy. You should study your working tool detailed and invest as much time as you need to study.

Learn All types of Binance orders from article or video tutorial Binance types of orders (12 min).You need not only be able to set all types of orders, but also to understand the logic of their triggering.

6. Lesson №0: Risk-Management

Before you start to make trades, you need to learn the basics of risk-management in scalping. Remember, if trader does not know how to manage risks (most beginners don't know how to do it), they will lose money in any case. No matter how trader understands the market.

Working with risks divided in two parts:
  1. The understanding how to control them (theory);
  2. The learning to control them (practice).
For people of certain psychetypes, the second part is too difficult.

Watch the video of How to control risks in scalping (20 min).Take a piece of paper and then following the author calculate the control of the scalping risk manually. Use your own account size for calculations.

Questions to test your understanding:
What is your daily drawdown?
Why is this a key statement in the scalping? Why can't you rate a trader's level if you only see the results of trading and don't know its drawdown? What daily drawdown will you set for yourself when you are going to start the trading day tomorrow?
Trade's drawdown?
How to calculate how much money you are willing to lose in each trade? How do you know how many losing trades in a row you can afford today? When calculating the drawdown on a trade, do you use the taker or maker fee?
How to calculate the volume of an instrument (trading pair) for a specific trade?
How quickly can you calculate the volume for a trade if you know where you want to open a position and where to put a stop order? Do you know how to convert points of your trading instruments (trading pairs) into money "in your mind"?
How does slippage affect risks?
If the price goes away missing stop order by several percent. How can you calculate your operational trade volume? Where the slippage is more noticible: on liquid Binance trading pairs or on illiquid ones?

7. Lesson №1: Position entry

You should watch the first lesson Binance Scalping. Free of Charge Scalping course from the CScalp team: Part 1 (52 min.). You will get from this lesson the idea of what the main point of making a trade decision.

Here are the thoughts you need to think about at the end of the session:
Accumulation area - close position, accumulation area - close position
Scalper's market is simple: accumulation area - close position, accumulation area - close position. The market for the scalper means an infinite trading zones, situations (Flat market, trend market etc.) and then how to close position considering the situation. The tactics is very simple. Wait for the accumulation zone and make profit when the market moves and leaves its local zone.
Chart + order book + correlation instruments
Scalpers make their decisions using three things: the chart, the order book, and using the correlation instrument. Here are three things that you should be able to analyze, to understand the one instrument is not enough to make a trade decision. What is the ideal entry position? You may see an ideal entry position when your method of analysis based on the three instruments that we were talking about previously (chart + order book + correlation instrument). If you see clear signs of the price movement on these three things, you may make your own decision to enter the position. In practice, this is not always the case.
When everyone sees the same thing, it's good
Good old-fashioned technical analysis works. Yea-yea, it works. Zones of the support and resistance, triangle patterns etc.

Now it's a controversial idea, some of the traders don't agree with it. We consider that when the majority of participants (usually robots (trading bots) trade synchronously with people) see the situation. It may make the situation much easier to take the profit. The breakout of a level will be impulsive if the level is clear for majority of participants.

8. Lesson №2: The life in an Order Book

Lesson 2 focuses on market participants and order's book analysis. No matter how clever a trader or robot is, his actions always leave trails (orders and trades). The Huge amount of volume can't be hidden. If a trader can compare an order book, a trade's tape, and clusters, he may be able to understand and anticipate the actions of other market participants.

Watch the 2nd lesson Scalping on Binance. Free course from CScalp team: part 2 (65 min).

Learn how to scale an order book using this article. You have to compress or stretch an order book.

Things to consider:
Spot market and futures market are "close friends"
Even if a trader only use futures, he still looks at the order book spot and futures markets. The order books are linked by arbitrage bots and correlator bots. Spot and futures affect each other. Where one moves, the other moves in the same way.
Details are really important
If for other traders it's enough to know that the level is broken out, so for the scalper it's not enough. Scalper wants to know how the level was broken out. An experienced scalper has seen thousands of broken out levels in his life. By matching the order book, clusters, and trade's tape, he makes his decision and predicts a break out or the bounce from a level. And, of course, he tries to make money on it.
Bots aren't so scary as we think
There are different types of bots. There is no point in competing with the fast ones in terms of speed. If the trader sees what bot is doing, he tries to follow its steps and make money with it.

9. Lesson №3: Trade's technique

In this lesson, we have studied the typical working day of a trader. We analyzed the optimal time for the cryptocurrencies trading (Asian, European and American sessions). We have studied the trade's technique. We have told you what orders and what situations scalpers trade. We paid special attention to the true and false breakouts of the levels.

Watch lesson 3: Scalping on Binance. Free course from the CScalp team: part 3.

10. What's for the next? Practice!

If you have completed the previous 9 steps succeed, you are ready to develop your skills in scalping better than most of beginners. But it's too early to be happy. There is a long road of self-improvement faces to you.

You will have many training days. Each day will be similar to the previous one as a twin. At the beginning, we said that if scalping is not your hobby, it will be boring...

You will start each morning by viewing the morning briefings. You may do this on the official CScalp TV channel, you also may do this on other channels.It's important for you, when you may be able to compare the morning situation of the market in your head with other people's thoughts. Make sure to do this.

Watch again the records of your trade, here is a video How to set up recording of trades (6 min). Watch again both profitable and unprofitable trades. The benefits of this exercise can't be overrated. You pump your skills and develop your method of analysis.

When you get your first results, start gradually increasing the operational amount of volume. Where is the limit? Someone stops at earning $1,000 a month, someone goes further. It's all by your own choice.

Happy profits guys!

P.S.: we try to update the course regularly. Don't be surprised if something changes when you visit this page next time.
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