Is this trading tactic sustainable?

Hey all!

I recently started trading futures on Binance, and unlike most crypto friends I have I don't set positions based on instict , but I do some very small trades.

For example if LTC is at $356 I short and take profits at $355.5.

profits are really small but it's something I can keep doing over and over again and I am up 15% so far. I believe this strategy is called "scalping"?

is it something any of you guys do? is it sustainable in the long run? because I Feel that 1 wrong trade can just send me back to 0 .

I don't recommend you trade with borrowed money. If there's a risk of liquidation, crypto can fuck you up. There are huge and uncontrolled spikes in crypto. I'm not talking about dips. There are short periods, usually take a few seconds or minutes where the price drops or pumps insanely. You assets will get liquidated.

As @alurosu said, don't trade with borrowed money. You can also do scalping on spot market, with your own assets. I've done scalping 12 years ago, and I've got a pretty big loss in forex. You can do 99 trades OK, and only a single one can get you liquidated.

Scalping is the best for fast capital accumulation.

Just be careful and try to do it only with the money from the previous profits.

Also never ever stay for a long period in a losing trade. If you are losing you are losing, just close it and wait for the next trade.

Remember several things when scalping:

- 15M timeframe is like the 1D timeframe for swing traders.
- 50D and 200D EMA are your best friends when scalping. The price needs to retrace to those numbers more often when the timeframe is low. 5D and 13D EMA could help you also.
- Don't trade on weekends until you feel experienced enough and then wait few hundred trades before doing it
- Be very careful when two trading sessions overlap. Especially when the asian session overlaps with the european one and when the european one overlaps with the NY session.
- You should base your trades on psychology and use technical analysis to validate that psychology.

This is NOT a financial advice and you should use this information at your own risk.

I think basic TA will help you do this.
My strategy is this

Confirm the trend on daily/ 4hr time frame
Find daily/ 4hr S/R
When u zokm in to 30min charts you can see channels created by high time frame S/R

Trade between those lines.
Use EMAs as stated above.
Confirm trades by volume.

Im following emporrerBTC on twitter. TA is very easy since then. ( not affiliated with him)
cryptocred on youtube also has some good basic TA videos.