scalp is awesome and i agree with almost everything you said, BUT, i wouldnt use the "convert to steem" feature... 7 days is way too much time in crypto and everything can happen, like a 100% pump or dump. So i just buy and sell at the market. since yesterday i'm selling at 2.95 and buying at 2.75 and multiplying my steem's.
RE: How to Purchase STEEM at a Discount on the Internal Markets by Locking in an 18% Margin of Safety - Profit on Undervalued Currencies and Increase Your Share of the Stake (SP) in the Ecosystem