#CScalp #Releases #Updates #Phemex #Added
Singapore, Oct. 12, 2022 (GLOBE NEWSWIRE) — As of 22 September 2022, CScalp, a professional day trading software platform has officially released new updates to their platform. These updates include a new connection to Phemex, as well as expansions to the Watchlist and charts.
Scalping trading is the type of trading, and has three main characteristics. The first being all of your trading takes place within one session, that’s why it’s called day trading crypto. This means you start the day with no open positions, and end the day with no open positions. The second characteristic is that order books play the main role in how traders make decisions, but they also use market trades history as well as clusters and charts. Finally, scalping includes a daily drawdown, which is a limit set on how much money you can lose before your trading session is ended and is the main risk control mechanism for scalpers.
CScalp is a professional trading software terminal that allows traders to access all exchanges in one place, plug in multiple exchange accounts, and hedge the risk of poor internet connection with proxy servers. The platform has over 12,000 daily users from over 50 countries.
CScalp is available to download on Windows x64, but can also be run on macOS and Linux using the Windows emulator. You can connect your CScalp account to your accounts on exchanges via API.
With the recent updates, the biggest news is the addition of connectivity to Phemex exchange. Via this connection, you can trade two types of Phemex tools. The first one is “USD Perpetual”, which are the usual perpetual futures. The second is “COIN-M Perpetual”, which is the inverse to the usual perpetual futures.
The watchlist is an important tool for traders as it allows you to keep an eye on different cryptos that you will need to have information on in order to make the best trades. This update expands the Watchlist functionality within…