Please note that the exchanges are divided into several "internal" platforms. Instruments of a certain type are traded on each platform. For example, on the Moscow Stock Exchange, stocks, futures and currencies are traded in different sections. On cryptocurrency exchanges as well as on stock exchanges.
First of all, scalpers on cryptocurrency exchanges are interested in perpetual futures
. Do not confuse perpetual futures with quarterly futures. What are the advantages of perpetual futures? They have the maximum trading activity. The best scalping trades in crypto trading are made with perpetual futures.
is also important. Cryptocurrencies, tokens, and fiat are traded here. Even if the scalper trades only perpetual futures, trader still "looks" at the spot. In the order book of spots, scalpers usually convert assets (as in an exchange), and trade cryptocurrencies and tokens in the margin trading mode.
Typically, CScalp uses a separate connection for each "internal platforms" (spot, margin trading
, perpetual and quarterly futures).
Connect to perpetual futures, to spot (in view mode). CScalp will be connected automatically if trader is launching Binance perpetual futures (video tutorial with text
After connecting, set the minimum traded amount and train yourself to make orders until you stop getting confused. Here is the instruction.
After you have the first trades, set up a Trader's Diary.
With its help, you will analyze your trading, search for and correct mistakes.
of crypto exchanges are quite complex to understand. The amount of the fee is influenced by many factors: referral program, trading volume, exchange token, maker/taker, etc. Try to understand the example of Binance (detailed article here
), the other exchanges have similar rates.
Learn how to convert decimal pricing to money. Try to calculate how many profit points on different instruments you need to take to earn your money back that you spend on the trading fee.