How to learn day trading? - page 7. | Bitcointalksearch.org

TrevorS

sr. member

Activity: 1050

Merit: 377

Quote from: Meowth05 on November 15, 2018, 10:29:10 AM

I think daily trading isn't good choice now because as you can see most of the alts are now in bad shape and having a transactio now is more likely a suicide. Though HODL is a liitle bit pain in the ass because it requires a lot of patience still it is more effective compared to that way. Instead of selling your alts, you should buy more of it just like hoarding and then when the time come you can sell it with a better price.

Such a strategy greatly benefits the day trading strategy, especially if you have little experience and you are not a professional in trading. Accumulate a lot of good coins, then wait for the right weather on the market.

Perfect35

member

Activity: 854

Merit: 10

Quote from: AnswerSeeker on July 19, 2018, 03:21:01 AM

I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?

Holding to me is not a game compared to trading. I see trading more like a game, although, you would have done some analysis before venturing into it. It is even safer and easier to hodl than to trade. If you cannot hold successfully, how then do you intend to trade successfully?
It is not necessary for you to hold for long term. You can do short term holding and sell at the right time.

Don Pavilion

jr. member

Activity: 157

Merit: 1

Quote from: AnswerSeeker on July 19, 2018, 03:21:01 AM

I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?

There is a book by a very successful Russian trader who lives in America. Find Alexander Elder trading with Dr. elder on the Internet. He's somewhere in the beginning of the book talks about day trading

topkhai

member

Activity: 351

Merit: 10

Day traders tend to open many positions on various pairs of coins by relying on trading signals from technical indicators, price action and fundamental news releases. The trading time frame used is usually between 15 minutes to 1 hour (hourly). For those who have experienced daily trading methods like this can be profitable, but for beginners or those who have insufficient experience can potentially cause losses. So you have to understand about technical indicators, price action and fundamental news releases. Maybe you can use google searching

smileflowers

jr. member

Activity: 180

Merit: 4

The Premier Digital Asset Management Ecosystem

the first thing i want to explain is that day trading is not suitable for ordinary people. it requires a wealth of skill and a strong heart. u need to learn the basics of encryption. learn how the market works. there ia also the latest market news. you'd better start with a small amount of money.

Meowth05

sr. member

Activity: 854

Merit: 267

★777Coin.com★ Fun BTC Casino!

I think daily trading isn't good choice now because as you can see most of the alts are now in bad shape and having a transactio now is more likely a suicide. Though HODL is a liitle bit pain in the ass because it requires a lot of patience still it is more effective compared to that way. Instead of selling your alts, you should buy more of it just like hoarding and then when the time come you can sell it with a better price.

zxl912157

sr. member

Activity: 588

Merit: 250

Like you are trading a grocery store that sells food.
You can't profit more because regular trading is very fast for Buy-Sell.

HODLING is for those who have strong faith in cryptocurrency. LOL

cryptonewsID

full member

Activity: 490

Merit: 100

I think daily trading is very risky and can make us lose, but if we take a little profit then it can.
the market is not stable I suggest not to trade because the market is down

Belibis

newbie

Activity: 29

Merit: 0

My advice is that you better learn by yourself from various sources of information, such as social media groups or topics about discussing in trade or search on Google. why do i suggest that? because looking for an important experience, at least you can determine for yourself how to actually trade for today or in the future. because everyone has a different trading strategy.

robaya

full member

Activity: 348

Merit: 100

daily trading requires special ability, unlike long-term trading which is just waiting for the price of the coin to rise. daily trading requires the ability of a trader. but I guess now it's not so good to win daily, because trading daily I think will require good market quality.

Coltpython

member

Activity: 700

Merit: 11

There are plenty of materials online you can look up including ebooks and youtube videos. You will need to know about the technical tools best suitable for day trading including stochastics, moving average, bollinger bands and more.

Downloaded

member

Activity: 182

Merit: 10

Quote from: AnswerSeeker on July 19, 2018, 03:21:01 AM

I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?

I hope that you are good in English or Korean, because it is extremely hard to find fresh news and materials about cryptocurrency day trading for other languaged.

kiansantan

member

Activity: 504

Merit: 10

If you want to learn trading, then you need knowledge and patience. Knowledge can be obtained from various sources, for example, many books about technical analysis. Trading is a difficult task and I don't think everyone will be able to achieve success in trading.

wareck

member

Activity: 238

Merit: 10

Quote from: AnswerSeeker on July 19, 2018, 03:21:01 AM

I am tired of HODLing game and want to learn day trading. How to learn day trading and is there any free content available?

You should get the basic knowledge and then start to create your own strategy. It means that you need to practice a lot, because thory itself is not so usefull.

crystalworld

jr. member

Activity: 230

Merit: 1

Nice one, thanks for sharing. I also want to learn day trading.

vigmar

hero member

Activity: 854

Merit: 500

Quote from: lifetimebitcoins on July 19, 2018, 03:26:03 AM

crypto is still a young market and it is volatile so we cant expect immediate money coming in so when the market is down holding is the best

Technical analysis works well here, just because this market is young. People who use the strategy “Hold” pass up a lot of opportunities! When you sell, I buy.

mobiistaryuna

newbie

Activity: 24

Merit: 1

So you can start with a simple K diagram, and you can learn about Japanese candle charts.Daily trading are very dangerous. It's even more dangerous than holding 10 times. It is only for those who have long experience in this market.Though the rewards are much more satisfying. There seems to be some free content on YouTube but nothing beats one on one tutoring.Network has very useful documentation you to trading.

TomInVa57

member

Activity: 378

Merit: 10

There are many videos, but I am not sure that all of them are reliable enough. I learned it with free webinars, but good english is required.

siorapokk

copper member

Activity: 190

Merit: 1

It is not going to be easy, but if you want to start I would recommend to use the books and the tutorials that are free. Because nowadays there are courses that you can buy for more than 5k USD and they are worth nothing.

Idoe

jr. member

Activity: 334

Merit: 1

There are many lessons in this forum, you can dig it well, trade the day you can monitor the market at any time. Full of carefulness and thoroughness for this, but you will easily be able to play trading in the day.
Even learning YouTube content is also full of precision, I think you will be able to learn all this gradually.

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