I traded (bought) different coins in the year 2017 on Bittrex. Hold them (for months) and sold them with good profit.
So yes i am a total newbie because i never really traded.
I am now in in Binance, Bitfinex and Bitmex.
Will try Bitmex first i think because of the possability to "short" BTC.
My timemanagement is normaly early in the mornig and after UTC 16:00, but I´m self-employed so I´m able to take out the time i need.
what do you think, what´s the best way to start as newbie ?
Daytrades ?
Do you also read other trader´s opinion? like on tradingview?
thx for any answers
Got you. Yeap, trading at Bitmex give golden short opportunities.
As for trading start and your schedule, I'd recommend Day trading
But also pay attention to deposit size... If you have low trading budget, probably scalping will make more sense in the beginning.
Have you traded at demo? Bitmex offers some options. It might be useful.
Here are some useful books to start with:
"Technical analysis" by Lohn J. Myrphy
"Money Management Principles for Mechanical Traders" by Ralph Vince
"The Disciplined Trader: Developing Winning Attitudes" by Mark Douglas
Learn maximum about risk management. Always plan how much you can afford to lose and set harsh limits. You can even use the software for it.
I use Tradingview and have an account there, here it is:
https://www.tradingview.com/u/Mark_Robinson/There are some signals, but I highly recommend to conduct own analysis without blind following the others' thoughts.
Good luck!
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