Best day trading strategies - page 2.

BlackPanda

legendary

Activity: 1414

Merit: 1001

Quote from: boyshx on January 22, 2018, 09:54:35 AM

Quote from: Will.Smith on January 21, 2018, 10:42:50 PM

Day trading is not for newcomers for sure. If you want to have good and understandable trade just buy the dip for the projects you trust fundamentally. Most longterm holders win vs day traders. It's statistics.

It’s nothing like that. A new comer could be wolf of Wall Street and you never know what kind of enthusiast he is. I think they should start learning the day trades by jumping into it. If they don’t jump in then there is no proper learning. I do understand that people start with some books or videos but with own experience there is no fun. YouTube is really great place to start and even some steemit bloggers are making it real easy for you to learn new ways of day trading. Surf some sites and videos on daily basis and you will see yourself on board soon.

In essence every person who wants to do trading then must have experience, because experience will affect the things we will get. With experience we can take various decisions appropriately.

Make sure that we have good knowledge to be able to analyze. Trading is not a thing to rely on luck. Trading is highly dependent on the actions we take and also the market conditions at that time. So a trader must really ask to see the situation, without it then traders can not benefit and will only lose. please make sure that a trader must have it.

jeraldskie11

sr. member

Activity: 1316

Merit: 356

For me as a trader, I have some tips for a day trader. The important thing when buying a currency is to look first at the volume of the coin. Make sure that the volume of a coin is high, its mean that the trading movement is so fast. You can try it.

boyshx

sr. member

Activity: 574

Merit: 251

Quote from: Will.Smith on January 21, 2018, 10:42:50 PM

Day trading is not for newcomers for sure. If you want to have good and understandable trade just buy the dip for the projects you trust fundamentally. Most longterm holders win vs day traders. It's statistics.

It’s nothing like that. A new comer could be wolf of Wall Street and you never know what kind of enthusiast he is. I think they should start learning the day trades by jumping into it. If they don’t jump in then there is no proper learning. I do understand that people start with some books or videos but with own experience there is no fun. YouTube is really great place to start and even some steemit bloggers are making it real easy for you to learn new ways of day trading. Surf some sites and videos on daily basis and you will see yourself on board soon.

Panzersin

hero member

Activity: 901

Merit: 500

You are still new on cryptocurrency but you want to make decent profit in short time? Just how greedy you are.
Make sure you already understand what would be happen on market.

whirlcoin

full member

Activity: 602

Merit: 111

Quote from: jkv_crypto on January 21, 2018, 10:26:56 PM

I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

You mentioned that you learned about day trading on YouTube videos, don't trust any of them most of them are fake and doing for the purpose of earning by more views.

If you want to earn in day trading don't wait for the big trades to come to you do more trades as much as you can whether there is small or big trades because lots of drops is combined together to become an ocean.But for making profits from day trading you need good capital amount,day trading is not possible with minimum investment.

Mistakes will teach you more about trading,Good luck bro.

nl247

full member

Activity: 518

Merit: 145

Quote from: jkv_crypto on January 21, 2018, 10:26:56 PM

I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

For a newbie, you will end up losing almost all that you have before you even know it. The best is to learn some indicators that can help you with trend following, either long term or short term and gradually and consistently keep getting profit on whatever you have. At least, with that, you will not end up getting too emotional, you will have a strategy and then stick to it. I will advise you learn the use of MAs, MACD, PARABOLIC SAR and RSI for trend following pattern.

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

Trading bitcoin is almost no different from forex. the only thing that distinguishes is the bitcoin without the set company. bitcoin refers to news instead of all stocks or bonds. and the price every day is quite fluctuative. in forex down $ 1000 in 1 days it's a thing that makes thinking what's going on in the market. but in bitcoin it's a regular thing. so my suggestion is better try with good capital and learn bitcoin trading habit. it will feel different and you will know how best you are in trading.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

The best strategy to start trading is that you should know the growth bitcoin price. Trading in bitcoin is different from other trading, like forex and another place, that's what I feel. Fundamental analysis is great to use for trading in bitcoins, because the average growth of bitcoin prices is strongly be affected by some information. Well, if you are a newcomer, it is better to learn it first. Look the lates information about cryptocurrency and also look bitcoin price day to day.

VitKoyn

full member

Activity: 490

Merit: 106

Quote from: jkv_crypto on January 21, 2018, 10:26:56 PM

I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

Cryptocurrency day trading is one of the best strategy to gain profit but also the best way to lose your money so if you don't have any experience in trading it is better to not use this strategy. I sometimes do day trade, there are times that my trades successfully reached my target profit but there are also times that I loss and when day trading I don't like cutting my losses so I end up getting stuck waiting for the next pump. The better strategy is buy a coin when the price decreased significantly but it is still depends on what strategy works best for you, if you are comfortable with day trading then it is good.

yohanzo

newbie

Activity: 38

Merit: 0

Actually stragedies only works with long-term trading like holding or week-trading . Day-trading is too short to fit any stragedy in it.

GoldenLad

member

Activity: 266

Merit: 12

I don't think there is any specific strategies for it. But from what I have learnt so far; it could be quite handy for noobs whom are just starting out. My advice is to start with the normal simple traditional trading. This also does not have any specific strategies or secret to start out. All you have to do is to buy your coins when they are dip and hold them to sell when the price pumps. Probably by when you have learn enough at the processes, you will gradually move or migrate to day trading.

EdenDice

full member

Activity: 418

Merit: 103

I just prefer to use my own strategy, it is much more profitable for me since i do not have to stay all day long trying to catch up some strategies to make more "money". This is the way that i prefer to trade, and it is more confortable.

Quote from: jkv_crypto on January 21, 2018, 10:26:56 PM

I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

germa66

full member

Activity: 168

Merit: 100

It should not be trading day because I think it is very risky especially for beginners. Try to buy altcoin at the lowest price and be prepared to hold it until the price is close to the moon. Because holding will always be a good profit.

Enjorlas

hero member

Activity: 788

Merit: 1000

"Fun" " yobit" , it will be less fun the day you lose all your savings playing day trading on the worst exchanges

hritevanz

member

Activity: 182

Merit: 10

Last week is my first time dealing with trading and it is fun because I already know how to process the buy and sell in yobit.net site. I can't tell much about the strategies in trading because I just started last week. Based on what I read on other's advice here on forum, trading is good methods that can double your money in just a day. Reading an article about trading will also help a lot because lack of knowledge will lead to losing of money.

Enjorlas

hero member

Activity: 788

Merit: 1000

Best day trading strategy : Not doing day trading.

Anyone who has experience in this field knows day trading is stupid and will never make you gain as much as holding

tech72

full member

Activity: 427

Merit: 100

I will tell you from my experience. Don't get greedy, if you are able to predict correctly the price movement for few coins correctly, then don't start to bet big or trade an All-In. It might work, but you can lose to one day. Also, if you do a bad trade, then take a break of few hours or a day and don't just keep on trying to earn that money back. You will lose more. Rest all, is Technical analysis and experience that you will gain by day trading, and that is something you got to learn by your own experience. Good luck with day trading!

The Scorpion

full member

Activity: 280

Merit: 100

Quote from: jkv_crypto on January 21, 2018, 10:26:56 PM

I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

Yes, if you want to lose money in this bear market just do day trading! Came on, if you are a little bit smart, you wouldn't be doing smart trading at the moment, and less during those days, when everything is going down, you can lose money more easily with this market.

maianh09

full member

Activity: 672

Merit: 100

Quote from: jkv_crypto on January 21, 2018, 10:26:56 PM

I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

You can observe the market and sell it as it goes up to the top and buys again after the price has dumped. Can help you increase the amount of coin ownership, but this decision is risky, instead of dump it continues to pump.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: jkv_crypto on January 21, 2018, 10:26:56 PM

I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

you are in right place mate. Use the search bar of this forum to seek some information and strategy how to do trading and to avoid loses and for sure there are some thread here in forum related on your question which is advises to those who want to enter in trading. Maybe it can help.

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