How to learn cryptocurrency day trading! - page 8.

Nisharawal

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Activity: 336

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I am no stable coin. to the mooonn.. and back

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.

I have personally got trained from the Mentors who are real traders and they managing big funds in the hedge fund companies and I am very much confidence in myself. The best way to trade the day trading is to have a good trade plan with a good trading strategy and also with a good money management techniques and all these things will eventually make a good day trader.

Sanmark

jr. member

Activity: 112

Merit: 1

First of all don't buy everything that some youtube guru is telling you! Technical analysis is not really good for crypto, cos its too volatile and a lot of pump and dumpers are crashing your margins!

dumple

member

Activity: 170

Merit: 10

There is no secret formula to be a good trader, you just need to have some experience from previous trades like in Forex or any other kind of markets, that is what you need to do in order to be a little bit more wise while trading.

pixie85

hero member

Activity: 2184

Merit: 531

I think that the easiest way to learn trading ist to start doing it with very small money. If you have 1 Bitcoin and are able to trade it with no regrets, treating it as your safe limit, take 10% of it and try to predict the price, play it by the gut. Who knows, maybe you're a prodigy. If you're able to make money with 10% of your roll, you will be able to do the same with 100%.

Slash61

member

Activity: 633

Merit: 14

Truly the trade is at very high risk than just to hold anytime and more benefits, the percentage between winning and losing is very thin when for ordinary people, more dominant loses with a lot of money, then for more mature knowledge because not indiscriminately one can predict technical analysis every day , not as easy as other trades, most people who are good at trading forex and such and getting into the crypto market make them depressed.

badaovodich

full member

Activity: 265

Merit: 100

Quote from: reflector on July 22, 2018, 11:38:47 AM

Quote from: Honuandhonu on July 22, 2018, 11:27:01 AM

I would like to thank everyone for sharing their thoughts and knowledge, I would surely study the markets and charts to understand it better and I'll try to start trading
When I'll have enough knowledge.

Thanks to each one of you for your support and response.

Have you tried the crypto currency with learning it on Youtube. I have heard many of the people investing by the assistance they got from the Youtube videos. Nowadays Youtube become a tutorial than Udemy or other article.

If you found the response completely you may close this thread dude.
Kindly ignore the matter for the trading when you loose also continue trade and make money.

You should watch many updates about the types of altcoins, cryptocurrency news on every day. You will have a lot of knowledge for day trading, you have to know price fluctuations to make the right price and avoid lost money

reflector

sr. member

Activity: 826

Merit: 263

Quote from: Honuandhonu on July 22, 2018, 11:27:01 AM

I would like to thank everyone for sharing their thoughts and knowledge, I would surely study the markets and charts to understand it better and I'll try to start trading
When I'll have enough knowledge.

Thanks to each one of you for your support and response.

Have you tried the crypto currency with learning it on Youtube. I have heard many of the people investing by the assistance they got from the Youtube videos. Nowadays Youtube become a tutorial than Udemy or other article.

If you found the response completely you may close this thread dude.
Kindly ignore the matter for the trading when you loose also continue trade and make money.

Honuandhonu

newbie

Activity: 42

Merit: 0

I would like to thank everyone for sharing their thoughts and knowledge, I would surely study the markets and charts to understand it better and I'll try to start trading
When I'll have enough knowledge.

Thanks to each one of you for your support and response.

Jeremiesaranza

full member

Activity: 252

Merit: 101

EMMARES – Email as you know it, will never be the

I have heard that Technical analysis style called Price action by InnerCyrcleTrader works well for BTC daytrading. You can find his free vids n youtube. Also, check @tradeMayne on twitter, he's been crushing it

_CryptoBrain

newbie

Activity: 77

Merit: 0

Now many financial traders publish their books with a variety of trading strategies and tips. Try to read the book of Larry Williams. She helped me a lot.

websoftwareengineer

full member

Activity: 364

Merit: 100

Blockchain with VTOS energy

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.

You can always read different ebooks because there are a lot of free resources in the market or you can use youtube for more information that you want to learn.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Firstly you have to realize that day trading with btc where you're relying on 3-5 min charts is extremely difficult due to low market liquidity. It's much better and easier to trade significant support lines. For instance one of that support lines is 8k USD. IF that breaks you have at least 80% chance that the price will go up by another 1k USD and not much less that it will touch 10k.
How to learn trading? Watch people do it live on streams, you can learn a lot from it. Some guys are analyzing charts on youtube and telling you what signs to look for.

hentel

newbie

Activity: 92

Merit: 0

Quote from: Lakai01 on July 16, 2018, 11:50:01 PM

I would recommend you to follow @philakonecrypto at Twitter. He published a lot of tutorials about trading basics, all of them for free.

In general: Daytrading is a beast, as a newbie you will lose a lot of money in the beginning ...

The first rule to make money - is lose money. If you never lose, you can't know how to win. Just focus in risk management and analysis chart day by day. Good luck.

hardtime

sr. member

Activity: 490

Merit: 251

Make winning bets on sports with Sportsbet.io!

How to learn cryptocurrency day trading. -- in short, you don't learn. You're just getting lucky. Anyone that is into day trading and thinks it is working is simply getting lucky, anyone that tries to sell you their secrets has none, and these tutorials / vids / etc are a bunch of bullshit trying to profit off of peoples greed. The only trading strat which works in most (if not all markets) is the long game. You can't time the markets, and you can't get rich overnight.

harizen

legendary

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Merit: 1398

For support ➡️ help.bc.game

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.

So you want to learned them all overnight? lol.

Just continue since you are there now. Because of continous work you will now be used to it so while time passesby and as you progress, you are gaining knowledge. You able to start with basics now so that's enough. You will now be able to take note of what things should be done. You are asking a spoonfeeding answer here no offense.

Don't rush things or your money will loss quickly. Spend time and focus.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

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

I have tried day trading couple of times and that didn't go well,

What pair were you trading? Why did you decide to do day trade? You need to answer this because it may be easier to help you.

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

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.

search on youtube and see here:

https://www.investopedia.com/trading/top-technical-analysis-courses/

https://www.investopedia.com/university/technical/

bitcoinking11

member

Activity: 378

Merit: 17

Well, you don't have to do any special course for day-trading, when you start cryptocurrency trading, you should go for long-term trading, as you gain experience gradually you can do day-trading.

kyori

sr. member

Activity: 335

Merit: 250

DECENTRALIZED CLOUD SERVICES

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.

We have the same experience in trading and I can say that we should watch and read books about trading and keep an eye on the market so that we can observe the graphs or candles.

nickwen

member

Activity: 261

Merit: 10

I think you should go on google to search for the trading guide blogs of the day. Or if you want to find more knowledge, then you can learn to trade under the video on youtube. There are many experts who have guided trading by video

soname12

member

Activity: 266

Merit: 15

I think you should not learn about day trading if you are a newbie. Trading in the day is a double-edged sword. If you are lucky, then you can make a profit. If you are not lucky then you will lose a lot of money

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