How to learn cryptocurrency day trading!

Stunning

newbie

Activity: 29

Merit: 0

Quote from: MahalQu2612 on October 23, 2018, 07:09:26 AM

Quote from: Honuandhonu on July 16, 2018, 09:15:14 PM

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Regarding about the studying in trading, this is not actually an easy things which is one day you can able to understand the flow of trading in the market. I think you better check things out first mate https://www.youtube.com/watch?v=t-DPovufIbM watching on this video might gives you a big help in some other way.

I think that a lot of tutorial is there on crypto trading, you can also get assistant from an experience day trading, but I think that still the most important thing is to get experience. If you do not have enough experience in trading you cannot become succeeded.

BabyBoss

full member

Activity: 462

Merit: 100

Quote from: Honuandhonu on July 16, 2018, 09:15:14 PM

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Ofcourse in order to learn you need to try then in order to get success you need to learn from your mistakes. In Trading you will experience downs, mistakes, loss but then aside from that you will experience also winning.

MahalQu2612

member

Activity: 179

Merit: 10

Quote from: Honuandhonu on July 16, 2018, 09:15:14 PM

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Regarding about the studying in trading, this is not actually an easy things which is one day you can able to understand the flow of trading in the market. I think you better check things out first mate https://www.youtube.com/watch?v=t-DPovufIbM watching on this video might gives you a big help in some other way.

nitammys

jr. member

Activity: 57

Merit: 2

Quote from: ethereumhunter on October 17, 2018, 10:45:45 AM

Quote from: Honuandhonu on July 16, 2018, 09:15:14 PM

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Try to watch the coin movement in 15 minutes, 30 minutes, and one hour and take a look at how the movements. That range of price is useful to determine to the movements. But you still learning to detect the coin moves and sometimes we are difficult to predict. It's not easy to do that, and it's normal because you will need more practice so you can know where the coin wants to move. Try with the cheap coin but have medium movement until you can find a way to enter the market.

You mean that you have tried your best to understand the techniques for successful trading but didn’t succeed. Now you have one option and that is, you should search for an experience crypto trader and learn from him the tactics and skills for understanding the graphical data for daily trading. It is not too difficult but also not so easy. Don’t make any abrupt decision about selling or buying.

Guideare

newbie

Activity: 78

Merit: 0

Quote from: kidoseagle0312 on October 17, 2018, 03:12:19 AM

Theory is differ than the actual studying. You will never learn fast if you didn't see it in the actual, therefore you must always be in the actual trade compare in learning in theory which most of the time you just use your imagination of how does it looks like. Actually, even you see it in your two eyes while you are already in the platform of trading you will never get it at once, because you don't what's happening only the the numbers and the graph you will see in the monitor. But if you do it most often, you will realize in the end that you do understand little by little.

If you have the patience and courage to bear the loss due to fall in the price then you can enter into day trade. There are lots of risks in day trading. One wrong decision will take all your money. Any way you can learn day trading from a day trading expert. If you cannot find such trader, you can also learn from YouTube channels about affective and positive trading.

Thanasis

hero member

Activity: 1820

Merit: 515

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Crypto trading can be learned by your own experience so if you just tried day trading few times and ends up with failure doesn't mean you are not capable of doing day trading so try to find your strategies of what to do while the prices were dumping and bumping,I suggest you to start day trade with bitcoin to fiat which can be easier for to understand than trading with pairs of crypto currencies.

Malamok101

full member

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Quote from: paynercash on October 16, 2018, 09:00:17 AM

Quote from: Visteryy on October 10, 2018, 04:08:35 PM

You should be up on youtube learn how to trade by day, there are quite a lot of people sharing is very useful, may be able to help you somewhat, because I also learn from the community sharing experience on youtube, I hit The price is great. And we should learn more from them.

In my opinion, youtube is quite ok in learning and cultivating knowledge, there are quite a lot of people learning from youtube and they do not lose money to study other courses, where youtube is a share place. of the community with a lot of useful knowledge.

Yes it's good to study about cryptocurrency or trading in youtube and step by step to guide you about more information in crypto.
Promoting ICO and coins will pump and dump you always see in via youtube also know new coins releasing.

GunsLair

jr. member

Activity: 644

Merit: 1

I think tutorials or books won't help you much. There, of course, you will find a lot of information that will be useful but basically this is a theory. You need a clear example and practice. You will understand, if you see how others do it. At least it would helped me. And everything will come to you with experience.

petrox.mmm

newbie

Activity: 12

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Off Topic

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Kolder

hero member

Activity: 896

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Quote from: kidoseagle0312 on October 17, 2018, 03:12:19 AM

Theory is differ than the actual studying. You will never learn fast if you didn't see it in the actual, therefore you must always be in the actual trade compare in learning in theory which most of the time you just use your imagination of how does it looks like. Actually, even you see it in your two eyes while you are already in the platform of trading you will never get it at once, because you don't what's happening only the the numbers and the graph you will see in the monitor. But if you do it most often, you will realize in the end that you do understand little by little.

It's a trial and error until we get to understand it, but at least must have knowledge on coins uses and details to know if those coin can be profitable and if have upcoming plans that can hype it for that day or more.

ethereumhunter

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Activity: 2912

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Quote from: Honuandhonu on July 16, 2018, 09:15:14 PM

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Try to watch the coin movement in 15 minutes, 30 minutes, and one hour and take a look at how the movements. That range of price is useful to determine to the movements. But you still learning to detect the coin moves and sometimes we are difficult to predict. It's not easy to do that, and it's normal because you will need more practice so you can know where the coin wants to move. Try with the cheap coin but have medium movement until you can find a way to enter the market.

kidoseagle0312

hero member

Activity: 1092

Merit: 500

Theory is differ than the actual studying. You will never learn fast if you didn't see it in the actual, therefore you must always be in the actual trade compare in learning in theory which most of the time you just use your imagination of how does it looks like. Actually, even you see it in your two eyes while you are already in the platform of trading you will never get it at once, because you don't what's happening only the the numbers and the graph you will see in the monitor. But if you do it most often, you will realize in the end that you do understand little by little.

bitcoinveda

member

Activity: 378

Merit: 10

Bitcoinwisdom.com if we keep observing this website daily and learn technical analysis from youtube then we can observe daily patterns

mornabo

hero member

Activity: 1148

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Quote from: newbie-hero on September 29, 2018, 07:47:21 AM

Quote from: mkhadazz on September 27, 2018, 02:42:28 AM

I think to be able to learn daily trading you should be able to try to read the article and the easiest one at this time might be that you could learn it in the media such as YouTube so that the information you get can be clear and you can understand it directly.

No one article will help you until you try it yourself. Only the experience can be your best teacher here. When you deal with the day trading, you will understand if it is yours.

Experience teaches you what you don't understand in learning through theory, experience provides many things so that you understand more about market conditions and how to overcome a problem, you are right do not to read too much and study too long, just try and practice it will give more knowledge to you

mrcase87

newbie

Activity: 23

Merit: 0

Only experience will teach you day trading, as well as trader habits. You must work out your own strategy, and know how much you want to make profit on a deal and how much you are ready to lose. If you sell or buy with every movement, you will lose your money. You can check my post about "
Mistakes that incur financial losses and their solutions"

https://bitcointalksearch.org/topic/m.46602205

kenel

sr. member

Activity: 578

Merit: 250

on YouTube you can find a lot of interesting materials, believe me, it will learn the basics of trading. but in General, I advise you to trade a small Deposit

boyz97

full member

Activity: 658

Merit: 106

Quote from: paynercash on October 16, 2018, 09:00:17 AM

Quote from: Visteryy on October 10, 2018, 04:08:35 PM

You should be up on youtube learn how to trade by day, there are quite a lot of people sharing is very useful, may be able to help you somewhat, because I also learn from the community sharing experience on youtube, I hit The price is great. And we should learn more from them.

In my opinion, youtube is quite ok in learning and cultivating knowledge, there are quite a lot of people learning from youtube and they do not lose money to study other courses, where youtube is a share place. of the community with a lot of useful knowledge.

learning from video make us easily understand the content.and we could find it freely in any youtube trading channel.much of them was free.

paynercash

member

Activity: 392

Merit: 10

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Quote from: Visteryy on October 10, 2018, 04:08:35 PM

You should be up on youtube learn how to trade by day, there are quite a lot of people sharing is very useful, may be able to help you somewhat, because I also learn from the community sharing experience on youtube, I hit The price is great. And we should learn more from them.

In my opinion, youtube is quite ok in learning and cultivating knowledge, there are quite a lot of people learning from youtube and they do not lose money to study other courses, where youtube is a share place. of the community with a lot of useful knowledge.

crypteris

newbie

Activity: 159

Merit: 0

Quote from: Wind_FURY on July 17, 2018, 02:34:36 AM

OP, I would advice you to hold only Bitcoin and keep buying the dip. Day trading will only cause you to lose your coins. Plus you should understand that Bitcoin is hard money that appreciates in value against fiat over the long term. What you should do is find a stable job, and find extra work, and save everything in Bitcoin.

Well, it's possible. But also you can combine holding and simple trading. Actually, that's what I do. I have some coins which I keep on my wallet and trade from time to time at CEX (https://cex.io/). Why this particular exchange? – just because it's practical and simple. It supports fiats and you can buy coins there with cards.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

I think most traders started out as day trader out of curiosity. I started out as a day trader at Poloniex. The first one that I bought was ETH, the price was moving fast that day so buy a few ETH and after 2 or 3 hours I Sell and gained profits. I as lucky at that trade because I earned I think 6% in just a few hours but after that I bought XBC, I thought I bought it at a good price but after a few minutes and hours passed by, price continue to decline, I sold at loss because of panic but if I hold on to it a little bit longer, I cound have gained another 5% profit.

Topic: How to learn cryptocurrency day trading! (Read 1845 times)