Let's talk about how to instantly crash the market and make quick profit. First of all, if we did not know Steemit market, then we will have a small problem. Steemitwallet has almost the complete wallet function, we can use it to make internal trade. Which means, Steemit will use a virtual control to park our position, and whoever wanted our order, they place a similar virtual order, and if the price and volume matches, and the deal is done there and then.

No fee trading

Which means, the virtual purchase and sales contract is 0 fee. Whether you buy or sell, Steemit does not charge you. A virtual contract will only use some of your TV(resource credit).

Scalping method

Good thing about internal market is, this is not a leveraged trading environment. It's one crypto for one asset. All you need to make sure is, having a similar "value" of two different crypto in the market, buy at bid and all at ask! Let's see how it work.

First, collect my author reward, make sure I record this historical moment.

Make sure I have enough and or similar value to trade between the two assets. In this case, would be SBD and Steem. Current exchange rate between Steem/SBD is about 0.36

Select on one o the asset, and press MARKET

In the market place, we will be seeing this. There is a current running bid and ask price. The buy pice is always higher than the sell price. Don't ask me why, if you're going on a yard sale, would you start your pice tag lower or higher? Of course you'll put higher price and reduce upon request. So what are we gonna do is try to do the same like yard sale. But we change the role a little bit. Instead of calling ourselves a buyer or seller, we call ourselves a dealer. When we buy, we always wanted to buy at lower price. When somebody wanna buy from us, we are always there to sell.

Place the highest Bid at the BUY price column. Fill in the amount at the SBD column with our trade amount.

Do the same but in reverse order for the SELL at highest ASK. Now does this start to make sense to you? Always sell at highest price. We fix the same amount of SBD as we BUY. So we can see the difference. When both transactions being triggered, we are 0.007 steem extra.

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Or, we can fix the Steem amount we required. And that shall give us extra SBD instead.

It all depending on whether you're an SBD holder or Steem. For myself, I always wanted more Steem, and therefore I will always fix my SBD trade amount. Is this magic?

Nope. It's not a magic. It's just a simple buy low sell high straddle system. Mind you in Steem, both tools are the same because these are assets exchange. When you fixed the amount, buy the bid price, you'll always have extra. Same goes to, if sell the ask p ice, you'll always get extra.

Morale wise

Technically, a trade is a trade. I have been questioned on my integrity by doing this is exploiting the "system". What system? This is crypto world. I use my RC to exercise my virtual contract. That's the pice I paid. I offered a price to which I think it's reasonable, if you don't like, don't sell to me. I ask for a price that I think it's right for my 5 seconds work to setup the deal, in this case 0.007steem, if you think they're expansive, don't buy them. But later someone will!

Summary

No I don't think I did the right or wrong thing. I only care if there's anyone doing it. This is only a 2SBD deal, few seconds time to setup. Imagine if I have 200SBD available for roll?

• Once again, to tag @tommyl33 and @lorasia to read this and may you guys find some useful information in terms of trading and scalping.