SOLANA Scalping Live Trade on Shark Exchange | ₹100 Profit with 2 Lot

Kalpesh Jadav • 2 days ago

Original source

What This Video Is About

This video is about live scalping on the Solana cryptocurrency, with a goal of earning ₹100 a day. The trade is set up on a 5-minute time frame, utilizing the 9 EMA and 26 EMA for planning.

Major Ideas Discussed

  • The video starts with an introduction to live scalping, explaining the goal of earning ₹100 a day by trading on a 5-minute time frame.
  • The trade setup involves selecting the 5-minute time frame and using the 9 EMA and 26 EMA, with the price taking support at the 26 EMA.
  • The plan is to sell if the price drops below a certain level, setting a stop loss and selling two Solana.
  • The trade is managed by waiting for the price to reach the target level, with the option to move the stop loss to a cost-to-cost position if the price continues with momentum.
  • The price action is analyzed, with the price coming down slowly and steadily, and the trade is held until the target is achieved.
  • The stop loss is trailed to lock in some profit, and the trade is exited when the price touches the target level.

What to Watch Next

The speaker mentions that another scalping trade will be done in the next video, explaining the logic behind it, and viewers can look forward to learning more about live scalping strategies.