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Octa shares comparison between day trading and scalping strategies

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7 months ago

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New Delhi [India]: Among the many popular trading styles with both beginners and experienced traders are scalping, which allows you to extract small portions of profit from each price movement, and day trading, which aims to trade over a single day. In this article, you will learn what scalping and day trading are and their differences and peculiarities. Ultimately, you will learn what to look for to understand which trading style is right for you.

Most likely, you have already encountered such concepts as scalping and day trading. Today, we will look at these trading styles in more detail.

A trader’s earnings depend not on time but volatility (market price movements). Depending on the amount of volatility a trader uses, there are two trading styles:

  • Day trading – positions are opened intraday, and the trader does not leave the market without closing trades.
  • Scalping – multiple trades within a short period. A scalper can make up to 100 trades per hour.

The main scalping and day trading criteria that determine the effectiveness of a trading approach:

  • Temperament – The riskiest traders make a lot of trading decisions within one minute. Others may spend several hours on just one trade.
  • Volatility timing – The prominent swings occur at a predetermined time, either at the junction of trading sessions of different time zones or at the moment of economic news release. In addition, each trading session has its unique style of price changes.
  • Liquidity – The more often a transaction is made on the currency market, the more commissions a trader pays. The commissions are minimal precisely because of excessive liquidity on super liquid instruments such as EURUSD, USDJPY, GOLD, and BTC.

Let’s look closer at these two trading styles and try to understand the differences between scalping and day trading and the profit and risk levels.

What is scalping?

Scalping is a modern style of trading which involves extracting profit from small price movements within numerous transactions. A distinctive feature is the high intensity of transactions. An aggressive scalper can open dozens and even hundreds of positions per day. Targets are small, from a few pips to several points. Almost all positions are closed during the day. Timeframes up to M15 are used; most often, M1-M5.

This trading style is most widespread among players in the Forex market, which is the most liquid round-the-clock marketplace. Here, the rules of classic scalping were invented, which involve trading on all micro-movements that exceed double spread and commission costs, exiting a position at the slightest trend reversal, and the habit of closing all positions overnight to lock in profits at the end of the day. Closing positions overnight ensures protection from the morning gap and allows sleeping well at night without considering the results of night trading.

Speed is another essential factor for scalpers, no less critical than liquidity, so the choice of broker is crucial. A scalper constantly analyses price charts and makes decisions based on this data, so the broker must provide quick access to the information necessary for analysis: prices, news, charts of foreign indices, signals, statistics, etc. As a consequence, fast scalping trades require an intermediary with an unloaded server so that, at the right moment, your request does not wait for a few crucial seconds for its turn.

What is Day Trading?

Day trading is speculative trading on the stock exchange during the trading day without carrying over open positions to the next day. Traders use only intraday operations, where the trade duration usually ranges from a couple of minutes to several hours. Trades are also rarely carried over to the next day.

Most often, a combination of different timeframes is used. It can be, for example, M1 and M15, M5 and M30. Trade entries become more accurate in Day trading, and the Risk Reward Ratio improves. The intensity of trading is much lower compared to scalping. A day trader usually opens trades at the beginning of the trading day and closes them when the trading session ends. He in no way carries open positions through the night.

Some day traders trade only on the trend (this style is best suited for inexperienced traders). In contrast, others trade in a range in both directions, using price fluctuations in the channel between support and resistance levels for profit. Highly skilled and completely inexperienced traders also play against the market (counter-trend trading). While experienced market participants can profit from such high-risk trading, novice traders can lose their entire deposit.

How to choose?

Two key parameters to consider when choosing–your temperament and the availability of free time–affect the ability to follow the market.

Choleric/sanguine people make excellent scalpers, as scalping methods imply a good reaction to the appearance of a signal and quick fixation of profits. People with this temperament are not characterised by patience and diligence, so an abundance of quick trades is needed.

More calm people scalping will seem too aggressive. The need to react quickly to changing market conditions will cause discomfort. Intraday trading is more suitable for phlegmatic/melancholic people. There are far fewer deals; there is time to decide, and positions are kept open longer. From a trading psychology perspective, it is also important that the profit in each trade is more significant. A trader working in intraday style does not wake up at 5 a.m. thinking he has missed all the entry points. On the contrary, the schedule is built so that they have time to sleep, not to be in a hurry, and to balance trading and their personal lives.

Scalping and day trading is a question that concerns most novice traders. These are some of the most popular trading styles, which, on the one hand, have their advantages and disadvantages, and on the other hand, when honed in practice, can bring significant gains in both the short and long term. Every trader is an individual in his interests in the market, and in pursuit of his goals, he can try different trading styles and strategies and decide which one suits him best.

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Octa has also won more than 60 awards since its foundation, including the ‘Best Educational Broker 2023’ award from Global Forex Awards and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.

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Major Boost to India’s Web3 Sector: Crewsphere Launches Web3 Sankalp Tour Across Major Cities

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2 days ago

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October 3, 2024

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New Delhi [India], October 1: In a significant move to bolster India’s growing Web3 ecosystem, ICP India Hub Crewsphere has launched the highly anticipated Web3 Sankalp Tour 2024. Set to take place across six of the country’s most prominent cities–Mumbai, Delhi, Bangalore, Chandigarh, Hyderabad, and Chennai–the tour promises to be a game-changer in democratizing Web 3.0 education and fostering innovation among the next generation of developers.

As India cements its position as a global leader in cryptocurrency adoption, Crewsphere’s initiative offers a timely and much-needed boost to the country’s Web3 sector. The Web3 Sankalp Tour is designed to bridge the knowledge gap that still exists for many students and aspiring developers, particularly those outside major metropolitan areas. By bringing intensive, hands-on blockchain training to different regions, Crewsphere aims to equip participants with practical skills in Internet Computer Protocol (ICP) development, one of the most advanced blockchain technologies available today.

This tour is not just another event on the Web3 calendar; it’s a strategic initiative aimed at empowering students and young professionals across India to become key players in the Web3 space. As Crewsphere co-founder Bandhul Bansal explains, “The Web3 Sankalp Tour is our commitment to making Web3 education accessible to all. We believe that innovation in this sector should not be limited to a few tech hubs but spread across the country to create a more inclusive and collaborative ecosystem.”

The tour will feature in-depth workshops and bootcamps, providing participants with a hands-on understanding of Internet Computer Protocol technology. These sessions are designed to move beyond theory and give students a concrete understanding of how Web3 can be applied in real-world scenarios. From decentralized finance to supply chain solutions, the focus will be on helping participants not just learn but also innovate, using the power of Web3.

Deepak Goyal, co-founder of Crewsphere, emphasized the practical nature of the tour. “Our goal is to empower students with the tools they need to thrive in the decentralized tech landscape. The Web3 Sankalp Tour is about giving participants real-world skills that will help them not only understand blockchain but also apply it in meaningful ways,” he said.

The Web3 Sankalp Tour is expected to play a crucial role in expanding India’s Web3 capabilities, especially as the country’s crypto adoption continues to soar. While India is already recognized as a leader in Web3, thanks to a strong grassroots movement, initiatives like the Web3 Sankalp Tour are essential to sustaining and accelerating this growth. By investing in the education of future Web3 developers, Crewsphere is helping ensure that India remains at the forefront of global Web3 innovation.

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NatAura® – Where Natural Secrets Meet Modern Skincare Science

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4 days ago

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October 1, 2024

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NatAura was born out of a desire to reconnect with the beauty rituals passed down through generations, says (Sumeet and Vishal) the Founder of NatAura Skincare. We are a brand where raw and natural beauty is embraced. Our brand believes that the secret to true beauty lies in the purity of nature. Every ingredient is handpicked, ensuring that every product we create is infused with nature’s aura. The core ideology that sets NatAura apart is the idea that beauty is not something you ‘Achieve’, but something that’s already within you and needs to be Uncovered.

Journey from Nature’s Aura to Indian Skincare

Our mission is to empower individuals to feel confident in their natural skin and embrace it with our high-quality plant-driven natural products, promoting healthy and radiant skin for all genders, ages and skin types.

NatAura is a blend of innovation, quality, and commitment to skin wellness which aims to empower individuals to feel confident in their skin.

Encouraging users to make NatAura a regular part of their Skin Regimen

We are more than just a skincare brand, we are a movement of conscious brands which focuses on reflecting sustainability and reducing carbon footprint. Our brand NatAura started to break the societal standards of ‘Desirable Beauty’.We believe in nourishing your skin with nature’s touch for a radiant, cheerful glow.

Crafted for Long-Term Benefits

NatAura is more than a skincare brand—it’s a philosophy. We celebrate the power of nature to deliver real, long-lasting results. We believe in the philosophy of “Raw Beauty,” where consistency and patience lead to healthier, radiant skin. Our products are crafted using sustainably sourced, natural ingredients that are gentle on the skin and the environment. We are committed to ethical practices, ensuring our products are cruelty-free, eco-friendly, and packed with skin-loving nutrients to nurture your skin over time.

Our product range is formulated to work in harmony with your skin’s natural rhythm. Whether it’s restoring moisture, calming irritation, or

boosting your skin’s glow, our products provide long-lasting benefits for all skin types.

A Range of Products for Every Skin:

NatAura® provides a diverse selection of carefully curated products suitable for all skin types, designed to seamlessly fit into your daily skincare routine.

Body Lotion

  • All Season Body Lotion: A body lotion for all seasons, providing deep nourishment and antioxidant protection despite being gentle on the skin, made with natural ingredients like Avocado, Hibiscus and Aloe
  • Niacinamide Body Serum Lotion: Lightweight and non-greasy Body Serum Lotion to protect against environmental damage, infused with nature’s goodness like Witch Hazel, Allantoin and

Face Range

  • Glutathione Facial Cleanser: Glutathione Face Cleanser provides intense hydration, skin brightening, and oil control. It makes skin hydrate and is infused with Hyaluronic Acid, Glutathione and
  • Coffee Face Scrub: Face scrub with Shea Butter and Allantoin, offering gentle exfoliation and deep moisturization. It is infused with natural ingredients Coffee Beans, Shea Butter and
  • Aqua Sunscreen Gel: Sunscreen gel with Niacinamide and Hyaluronic Acid provides non-sticky protection from sun It gives 50 SPF protection from the harmful UV rays.

Body Oil

  • Vitamin E Bath & Body Oil: Vitamin E Bath and Body Oil for soft and silky skin. It provides intense hydration and helps remove scars, infused with Olive Oil and Vitamin
  • Oudh & Green Tea Bath & Body Oil: After bath and massage oil for skin nourishment, hydration, and a natural glow, made with natural ingredients Coconut, Apricot and

Serum

  • Intelligent Ageing Serum: Anti-aging serum that boosts collagen, restores vitality, and reduces wrinkles and fine lines, made with natural ingredients Manjistha, Hibiscus and
  • Kumkumadi Gold Face Serum: Natural and organic oils for moisturizing, glowing, and pigmentation control, incorporated with Saffron, Turmeric Extract and 24K Gold
  • Vitamin C Serum with Hyaluronic Acid: 10% Vitamin C serum gives you a glowing face, helps with hyperpigmentation; removes blemishes, acne marks, and tanning, made with Hyaluronic Acid, Allantoin, and Witch

Lip Range

  • Lip Balm Beeswax & Vitamin E: Lip Balm with Beeswax and Vitamin E that provides protection and hydration for your lips, infused with Coconut, Beeswax and Vitamin
  • Lip Serum: A protective and regenerative Lip Serum perfect for daily use. It contains Vitamins A and E for soft, nourished lips as well as SPF 15 for sun protection, infused with Coconut, Sunflower Oil and Vitamin

Our Values

  • We believe in nourishing your skin with nature’s touch for a radiant, cheerful
  • Every bottle reflects our
  • Authenticity at our core: delivering pure, genuine skincare you can
  • Embracing inclusivity: because every skin deserves the best

Available on Our Website and Leading Platforms

NatAura® brings luxury skincare to your doorstep, making it accessible for everyone. You can explore and purchase NatAura®’s range directly from their official website, www.nataura.co.in, or on leading e-commerce platforms like Amazon, and Flipkart—making it easier than ever to incorporate these premium products into your daily routine.

The Future of Skincare, Today

In a world of changing trends, NatAura® is here to make a difference in the habits of everyone’s skincare regimen, with naturally curated methods with a blend of modern science.

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BharatLoan Goes Live with Scienaptic Credit BRE Platform’s Account Aggregator

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4 days ago

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September 30, 2024

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Bangalore (Karnataka) [India]/ New York [US], September 30: Leading global AI-powered credit underwriting platform provider Scienaptic AI announced today that BharatLoan has completed implementation and is live on its credit BRE platform and Account Aggregator journey. This deployment is enabling faster and augmented loan decisioning process, fostering quicker access to credit for underserved individuals.

BharatLoan is a FinTech & RBI registered NBFC established to address the credit needs of salaried professionals who didn’t qualify for loans at traditional banks and financial institutions. It aims to integrate these individuals into the formal credit ecosystem. For those who find it hard to get loans from conventional lenders and those new to credit, BharatLoan has become one of India’s most recognized platforms for advanced lending solutions.

The deployment leverages Scienaptic BRE’s frictionless Account Aggregator journey, which securely retrieves bank statement data with customer consent. Scienaptic’s credit decisioning engine then aggregates key variables to derive critical ratios and risk insights from this data. This process enables BharatLoan to digitize the underwriting of small-ticket loans by providing intelligent income insights, streamlining their operations, and improving access to credit.

“At BharatLoan, we are transforming access to credit by offering swift solutions for credit needs,” said Rishi Kapoor, Board Advisor at BharatLoan. “We understand that customers require rapid, tailored responses, and Scienaptic’s BRE with smart AA analytics is positioning us as a trusted provider of loans for the underserved. The platform allows us to access Account Aggregator solution and bank data in real-time, significantly boosting the speed, efficiency, and accuracy of our lending decisions.”

Joydip Gupta, APAC Head of Scienaptic, added, “We are excited to deploy our Account Aggregator analytics solution for BharatLoan, helping address the evolving financing needs in India. The frictionless data integrations in our BRE significantly reduce the underwriting turnaround time compared to traditional loan assessment methods, enabling faster market response, greater automation, and more informed lending decisions.”

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Ashish Kacholia and associates lead investment round in Fermionic Design

Published

7 days ago

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September 28, 2024

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Bengaluru based Fermionic Design Private Limited, a semiconductor chip design Company, has entered into an agreement to raise about INR 50 Crores / USD 6 million (in two tranches) in an investment round led by Ashish Kacholia and associates. Fermionic Design will use the funds to expand its product range within the domestic market and diversify into international markets.

Prime Securities Limited was the sole and exclusive Investment Banker to this transaction whereas S Dayma & Co was sole and exclusive legal and financial advisor to Ashish Kacholia and associates.

Fermionic Design is engaged in the business of design, development and commercialization of integrated chips/semiconductor chips used in diverse applications such as radars for defense, radio frequency-based communication, satellite communication, weather monitoring/forecasting, remote sensing, etc.

Ashish Kacholia of Lucky Investment Managers is a prominent investor in India, with an extensive portfolio in both listed and unlisted equities, as well as alternative asset classes.

Fermionic Team

Fermionic Team

Commenting on the deal, Mr. Ashish Kacholia said, “I and my associates are delighted to partner with young founders of Fermionic who are bringing cutting edge RF or Radio Frequency chips to the Indian defense and space establishments. These analog and mixed signal chips require deep tech skills which Fermionic has developed over time. These capabilities have been hitherto imported and Fermionic has developed best in class solutions to cater to Indian and global customers. This investment is made with the conviction that the Indian tech ecosystem has come of age and will create great value for India.”

Mr. Gautam Kumar Singh, CEO & Co-Founder of Fermionic Design, enthusiastically welcomed the new investors, stating, “We are truly honoured to welcome such esteemed and high-quality investors into the Fermionic family. Their confidence in our vision and capabilities is a strong validation of the innovative work we are doing in the semiconductor space. At Fermionic, we are developing cutting-edge RF (X/Ku/K/Ka Band Beamformer and FEM-ICs) and mixed-signal silicon platform ICs that address the advanced needs of AESA Radar systems, satcom, weather monitoring/forecasting, remote sensing, Maritime-Surveillance, telecom and consumer systems. We are deeply committed to building differentiated solutions that meet the system requirements of these specialized sectors and deliver high-performance results compared to available solutions in the market. This investment not only strengthens our capacity to accelerate product development but also fuels our ambitions to serve the global semiconductor landscape. We are excited about the path ahead and confident that with the support of our new partners, Fermionic will continue to set new benchmarks in building RF and mixed-signal IC products.”

Mr. Ganesh Agarwal, MD – M&A and PE at Prime Securities, delighted with this association, said, “The Indian semiconductor industry is set for a massive transformation driven by various government initiatives and large-scale investments from several corporates. We believe that Fermionic Design has developed cutting edge technology and products that will enable it to be at the forefront of this revolution and thus create significant value for all its stakeholders”.

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D2C Brands See Big Sales Jump In Repeat Orders with Hello24.ai’s QR Code-Based WhatsApp Chatbot

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1 week ago

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September 26, 2024

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Direct-to-Consumer (D2C) brands are getting a big boost from hello24.ai’s latest WhatsApp chatbot. This clever chatbot is making it easier for customers to connect with brands and get what they need. And Hello24.ai is helping D2C companies on Shopify and WooCommerce (WordPress) sell a lot more!

Chatbots Make Customers Happy

The secret is in how easy the chatbot makes it for customers. All they have to do is scan a QR code, and they can start chatting with the chatbot on WhatsApp. The chatbot gives fast answers, and great product suggestions, and helps guide customers through the whole buying process. This makes customers really happy and satisfied.

Repeat Sales Are Soaring

D2C brands using the hello24.ai whatsapp chatbot are seeing their repeat sales skyrocket. The chatbot’s ability to give each customer a personal touch and great service is leading to more sales, bigger orders, and happier customers overall. It’s a win-win for brands and their customers.

Chatbots Work Everywhere

The chatbot is like a super-flexible marketing tool that can be used in all kinds of ways. Brands can put QR codes on product packaging, in stores, in ads, on social media, and offline event banners – anywhere customers might see them. The whatsapp chatbot is always ready to chat and help out.

The Future of D2C is a QR Code-Based WhatsApp Chatbot

Hello24.ai’s QR code-based WhatsApp chatbot automation is part of a larger trend where D2C brands are using tech to stay ahead in the competitive market. As more businesses see atleast 20% positive results from this tech, its use is likely to grow. The success of WhatsApp Automation highlights the importance of using simple and effective strategies to connect with customers and drive sales.

To learn more about how Hello24.ai can help your ecommerce business, visit their website at www.hello24.ai, or Google search “Hello24.ai” for a free demo.

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