Finding tokens for scalping

To start, let's go to the Trenches tab on GMGN and find the rightmost block with already migrated tokens. In this article, I'll show you how I find good tokens for scalping using our extension and the GMGN platform

Now let's set up the correct filters to view only the selection of good tokens:

To proceed, you need to select a maximum market cap to avoid overly expensive tokens, as they won't have the significant movements we need for scalping.

It's quite simple to do, and I prefer trading only with pumpfun tokens. Firstly, there are more of them, and secondly, I'm fully confident in their smart contracts and completely understand how they work.

Depending on your deposit, I recommend the following:

Additionally, we will set a minimum volume of $50K to filter out newborn or dead tokens.

To avoid seeing deprecated and dead tokens, if you are not interested in finding a bottom, you can also specify a minimum market cap of $30K - $50K. Great, now we achieve such results and see good tokens for trading:

To ensure that the token is suitable for scalping, you should see a sharp change in MCAP on this panel, indicating active movement, which is exactly what we need. Before I show you a good token, I need to warn you. Avoid trading tokens that are bought out in a single candle before migration; these are fake launches that will quickly deflate in one candle as well. Scalping in such scenarios is critically dangerous and will definitely lead to losses over time.

Now, we begin to review all tokens where active trading is happening. On the 1s chart, we must calculate the candle growth. If the growth is 10% or more, it's an excellent option for us, and if it's 20-30% or more, it's simply a fantastic option.

Once we confirm that the token meets our requirements for growth within the second candles, we should then pay attention to the minute volume located in the side panel to the right.

The minute volume should be at least $2K - $3K minimum for us to trade the token successfully. Ideally from $8K per minute and above.

Once we've ensured the token meets our requirements, we should determine the entry point. I use the RSI strategy for this.

As soon as RSI reached a sufficiently low level around 40 or below, I opened a buy trade by pressing one of the Quick Buy or Hot key buttons. Then, I didn't wait for RSI peaks of 60-70 and above but sold instead, as I considered the growth, which amounted to 12%, to be already good.

In just 4 seconds using the wl.bot extension, I earned a 12% return on my bet, which is an excellent result that can be replicated on the same token dozens or even hundreds of times.

If you stick to the strategy of searching for tokens, don't rush when there are no tokens, and wait for exactly the ones you understand well, and where movements occur at the pace you can read and understand, it will be a great opportunity to earn several hundred dollars every day. Unfortunately, you won't be able to replicate this with your favorite trading terminals, as their base commission is 1.0% compared to our 0.1%. Therefore, I highly recommend trying this with our extension, as it is the only one that allows you to scalp with maximum benefit, speed, and cost efficiency, with transaction execution costing less than $0.008.