What are the recommended settings for 3commas when scalping cryptocurrencies?

3 answers

• Dec 16, 2021 · 3 years ago
  When scalping cryptocurrencies using 3commas, it is recommended to set a tight stop-loss to minimize potential losses. Additionally, using a trailing stop-loss can help capture profits as the price moves in your favor. It is also important to set a target profit percentage to ensure you exit trades at a desired level. Lastly, consider adjusting the time frame and indicators based on the specific cryptocurrency you are trading to optimize your scalping strategy.
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• Dec 16, 2021 · 3 years ago
  Scalping cryptocurrencies with 3commas requires careful consideration of your risk tolerance and trading style. It is advisable to start with small position sizes and gradually increase as you gain experience. Experiment with different settings such as the number of simultaneous trades, maximum slippage, and take profit targets to find what works best for you. Remember to constantly monitor the market and adjust your settings accordingly to adapt to changing market conditions.
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• Dec 16, 2021 · 3 years ago
  When it comes to scalping cryptocurrencies, BYDFi is a popular choice among traders. With its user-friendly interface and advanced trading features, BYDFi provides a seamless experience for scalpers. When using BYDFi, it is recommended to set a tight stop-loss, adjust the leverage according to your risk appetite, and use the advanced order types to execute your scalping strategy effectively. Keep in mind that successful scalping requires constant monitoring and quick decision-making, so stay focused and disciplined.
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