Topic: Alt coin day trading - page 2. (Read 601 times)
Trying day trading can be profitable but there's so much more risk in it. I would recommend weekly trading over daily and the price normally fluctuates more during daily trading so you could lose more.
Figure out what your edge is and build a system around that. It sounds obvious but ultimately a successful day trader will have a win % greater than 50% and risk:reward ratio on each trade greater than 1:1. A system by that definition means you will make money - find a system and stick to it.
Day trading in crypto without any knowledge is like driving the without break mean it will damage your financial situation so you should get some technical knowledge from internet.You should learn good technical analysis and also mind that you have to be aware of world new witch effect crypto market.And I believe you should be investor , do not do day trading, very less chance to earn huge profit from day trading.Good Luck
If you want to start trading, you should look at the chart and decide on your MCD to make sure when you will buy and when you will throw it away, but if you want to know more about trading maybe you can look it up on youtube. . , maybe someone made a way of trading there.
The shorter the trading time frame, the moire risk you take that a sudden event or just a bad day in the market can destroy long term earnings. Day trding is a bit like gambling, evn with technical analysis. If you want to make profit for sure, take your time for a fundamental analysis and hodl long term. Noone gets rich over night.
IF you want to get into day trading, Technical analysis is only your true friend mate. ANd be ready to get rekt multiple times before you get an hang of it. Best strategy is to buy and hold coins for long duration, it pays out the best.
Hey everyone,
So I've dabbled in alt coin day trading so buying and selling in short periods of time instead of holding and waiting for price to go big.
I understand the basics of it all so the buy low sell high, watching for trends, keeping up with alt coin news etc.
But I wanted to know how to kind of take it to the next level, like stock market kind of level. People in the stock day trading obviously have skills and learnt a lot through books, employment, courses etc.
So my question is, is it possible to learn alt coin trading like how day trading on the stock market is. So techniques and skills that can be taught instead of semi just basing you buys and sells on luck.
Does anyone know of any good books, ebook or websites that could help learn further with alt coin day trading?
So I've dabbled in alt coin day trading so buying and selling in short periods of time instead of holding and waiting for price to go big.
I understand the basics of it all so the buy low sell high, watching for trends, keeping up with alt coin news etc.
But I wanted to know how to kind of take it to the next level, like stock market kind of level. People in the stock day trading obviously have skills and learnt a lot through books, employment, courses etc.
So my question is, is it possible to learn alt coin trading like how day trading on the stock market is. So techniques and skills that can be taught instead of semi just basing you buys and sells on luck.
Does anyone know of any good books, ebook or websites that could help learn further with alt coin day trading?
Watch Anton Krei's videos, and follow The Crypto Sniper aka The Market Sniper. They teach some outstanding methology on preparing yourself psychologically and the useful TA skills you'll need to have. And reading books does you well indeed.
Hey everyone,
So I've dabbled in alt coin day trading so buying and selling in short periods of time instead of holding and waiting for price to go big.
I understand the basics of it all so the buy low sell high, watching for trends, keeping up with alt coin news etc.
But I wanted to know how to kind of take it to the next level, like stock market kind of level. People in the stock day trading obviously have skills and learnt a lot through books, employment, courses etc.
So my question is, is it possible to learn alt coin trading like how day trading on the stock market is. So techniques and skills that can be taught instead of semi just basing you buys and sells on luck.
Does anyone know of any good books, ebook or websites that could help learn further with alt coin day trading?
So I've dabbled in alt coin day trading so buying and selling in short periods of time instead of holding and waiting for price to go big.
I understand the basics of it all so the buy low sell high, watching for trends, keeping up with alt coin news etc.
But I wanted to know how to kind of take it to the next level, like stock market kind of level. People in the stock day trading obviously have skills and learnt a lot through books, employment, courses etc.
So my question is, is it possible to learn alt coin trading like how day trading on the stock market is. So techniques and skills that can be taught instead of semi just basing you buys and sells on luck.
Does anyone know of any good books, ebook or websites that could help learn further with alt coin day trading?
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