How much time better for day trading analysis ? ( 15m , 30m , 1h , 1d ) - page 3.

litepresence

full member

Activity: 358

Merit: 118

Quote from: shipon01683 on June 12, 2018, 03:17:36 AM

I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?

Its all based upon the potential of each individual. But the best time is longer the time we spend in investigating the coin gives you less change of losing it. Its not about how much time you spend its all about how much research about a coin.

kidamazo

member

Activity: 289

Merit: 10

The more you know about particular coin, the less is your chance to lose, so I would say that you must spend as many time as you can, to study and learn about the project before investing.

martychubbs

hero member

Activity: 742

Merit: 503

Quote from: TheDarkRide on June 12, 2018, 10:27:44 AM

Analysis will need experience which can not be gained in a fast time. For those who already did daily trading for a longer time they may make a fast decision but for newbie or traders who has no good experience they may need more time to make a single decision.

The problem with this is in people willing to have everything fast and easy! The things are just not working this way, in every sphere, especially here, you need to work and wait.

manggis97

member

Activity: 476

Merit: 10

For day trading usually I used time frame 1 hour, and for swing trading better to use 4 hours or daily time frame. Usually for swing trading is more easy to determine support and resistance of the chart by use daily time frames. To understand candle stick pattern and price pattern will help to decide support and resistance area.

GawirZZ

newbie

Activity: 168

Merit: 0

I think the longer the better because the price changes very quickly change, my advice see the market one week and just make a definite decision if you do not want to lose.

nanasei

newbie

Activity: 126

Merit: 0

If you want a good return from trading,then you must a commit a time of 1hour to 3 hours minimum to research, trading and analysis. Anything less than 1hour is not enough

hridoyb

sr. member

Activity: 826

Merit: 250

Bitgesell (BGL) Decentralized Cryptocurrency!

There have not specified any rule that how much time given on trading platform.trading is the most important platform on the crypto world so want to know more about trading and become an expert need to huge time for doing this.But i can suggest to u first try to minimum 4hour + per day and than try to increase your time hope you will be successful on trading

nsasuiteb

full member

Activity: 406

Merit: 100

BAILOUT

1s is the best or 0,1s the more you analyse the better it is for me. A bot can be helpful at doing this. But this trading needs to much work, I don't think it worths

trupero_uno

jr. member

Activity: 210

Merit: 1

What I do, analysis for day trading shall involve various time interval for an indicator used. This is used to see the strength of a signal generated since usually the strong signal will have same pattern for various time interval so analysis.

phucngungoc

member

Activity: 294

Merit: 10

Quote from: shipon01683 on June 12, 2018, 03:17:36 AM

I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?

You can see that with a market that is fluctuating continuously and is in the current bear market, successful trading is very difficult, bitcoin prices will probably fall sharply in the coming days and down. This will cause altcoin prices to fall deeper. I believe you should only trade short-term by day into observation on all time frames.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: shipon01683 on June 12, 2018, 03:17:36 AM

I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?

Sometimes there are no actions even you used all time interval so there are no guarantees what is better. Since you are day trading then you accept the terms that you will stay in the chart for the whole day no matter what. So my suggestion, test any time interval that will work for you then that's it, make an analyzation about what will be your strategy.

There are people who will say 15m, others will say lesser than that, but in the end, it's on your own hands how will you deal on that. Just used your experienced or test your plan on actual to see the result.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

1 hour candles should be more than enough to analyze most of this market but sometimes having a better precision among altcoins that get pumped and dumped can come in handy specially during their pumping phase where you want to keep an eye on the volume and how it is changing so you would want to see the 5 min candles too.

TheDarkRide

sr. member

Activity: 476

Merit: 250

Analysis will need experience which can not be gained in a fast time. For those who already did daily trading for a longer time they may make a fast decision but for newbie or traders who has no good experience they may need more time to make a single decision.

liuqi

sr. member

Activity: 1092

Merit: 257

LuckyB.it is Back!

Quote from: shipon01683 on June 12, 2018, 03:17:36 AM

I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?

Everything is our own potential so experienced persons are take 15 to 30 minutes in every trading but little lesser experienced peoples try to take more than 30min to 1hr and finally new day traders take more than 1hr to 1day so it depends on our own knowledge because every traders expecting profit so wrongly pick the coin is not a good way but take our own time is the right trader.

omonuyak

sr. member

Activity: 882

Merit: 269

During the time I have been trading forex and stocks I think many traders makes used of 15 minutes times flames in making they trading decision. In cryptocurrencies I don't think that much has changed and if you are ready to day trade which is very risky then 15 minutes should be the right time flames.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

there is no such thing. You can see buy oportunity on 5 min cadnles and sell oportunity on 1h candles and again buy oportunity on 1d candles. When you invest seeing buy oportunity on 5 min candles you grab quick, small profit with low risk. When you see buy oportunity on 1h candles you are making less trades with higher risk. And so on. How the hell you want to daytrade (making lots of trades during 1 day) on 1 day candles ?

1 min candles - thing are goint too fast for normal user
5min candles - i love to trade on them. You can open trade for few min and grab qucik small profit with low risk. Good on bear market.
15min - 1h - longer candles bigger risk and higher expected profit and less trades per day better for stagnation and bull market
1h-1d - not for daytrader.

But there is no ultimate best strategy.

shipon01683

newbie

Activity: 122

Merit: 0

I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?

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