Author

Topic: Day Trading Bitcoin, How To Determine Profit Targets (Read 121 times)

sr. member
Activity: 332
Merit: 254
Consider the fees you pay when day trading, since the volume is so high.

You can actually pay the lowest fees in the world via this exchange, which also boasts high praises:

https://bitcointalksearch.org/topic/--2667100
member
Activity: 168
Merit: 47
Hello,

I am trading BTCUSD and LTCUSD and ETHUSD everyday using technical analysis.

I am using ATR (Average True Range) for me stop loss placement per trade.

What can I use for taking profits or exiting the trade? I would like something more dynamic to market price action and not static profit target such as X times stops loss distance.

Thank you kindly.

Well, as i know such kind of way for taking profit is not available in cryptocurrency trading. If you want that i think you can find it in forex. In crypto trading, put your sell limit order is one of way i know. So thats static or can be dinamic if you move manually.
newbie
Activity: 24
Merit: 0
Hello,

I am trading BTCUSD and LTCUSD and ETHUSD everyday using technical analysis.

I am using ATR (Average True Range) for me stop loss placement per trade.

What can I use for taking profits or exiting the trade? I would like something more dynamic to market price action and not static profit target such as X times stops loss distance.

Thank you kindly.
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