SOLANA Scalping Live Trade on Shark Exchange | ₹100 Profit with 5 Lot
Kalpesh Jadav • 3 days ago
What This Video Is About
This video is about scalping on the Shark exchange using Solana to earn ₹100 per day. It covers setting up trades, identifying opportunities, and managing risks.
Major Ideas Discussed
- The video starts with setting up a trade on the Solana chart, switching from a daily to a one-hour time frame to identify bullish trends and potential resistance areas.
- It then moves to the 5-minute time frame to plan trades, looking for price movements below the 9 and 26 EMA to indicate potential short-side scalps.
- The importance of waiting for a green candle on the 5-minute timeframe for a good entry is emphasized, to avoid stop-loss hits during reversals.
- The video highlights adapting to market conditions, considering buying trades if the price breaks out and takes support at the EMA.
- It discusses executing trades with a risk-to-reward ratio of 1:1, setting stop-losses below the EMA, and monitoring trades closely for adjustments or exits.
- The video demonstrates a successful scalping trade, achieving the goal of earning ₹100 despite a trading app glitch.
What to Watch Next
Viewers are encouraged to monitor market conditions, practice adapting their strategies, and focus on effective trade management to improve their scalping outcomes.