Trading/Scalping with liquidation heatmaps
Trading/Scalping with liquidation heatmaps
What do you guys think about trading/scalping using liquidation heatmaps
If you want to be burned, let’s use Liquidation heatmaps for your trading.
Trading is risky and when you use a volatile indicator like Liquidation Heatmap, probability of getting burned is higher.
If you use leverages plus the Liquidation Heatmap for your trading, you will participate in Liquidation times and become one of victims of market liquidations through Long squeeze or Short squeeze in the market.
I do not think I understand what you mean about liquidation heatmaps. The candle sticks are on charts. Or did you means the trader should first use small amount of money to trade and when liquidated, bigger amount of money can be used to trade in a way the market might reverse and favor the trader?