Scalping for Beginners: Basics‼️

Scalping is a strategy for trading on short timeframes (1-5 minutes) with the aim of making money on small price fluctuations. Here are the key points:

1. Timeframe selection: Signals are more accurate on a 5-minute chart than on a minute chart.

2. Indicators: Use moving averages and RSI to find entry and exit points.

3. Quick decision-making: Trade assets with minimal spreads, such as EUR/USD.

4. Risk management: Limit losses by risking no more than 1-2% of your deposit per trade.

5. Practice: Start with a demo account to practice your skills.

Scalping requires speed and discipline, so controlling emotions and analyzing the market is the key to success.$NOT #Ethereum #BinanceTurns7 #IntroToCopytrading #NOT🔥🔥🔥