If you want to look I've started my own thread on trading techniques I use...
https://bitcointalksearch.org/topic/adx-di-very-powerful-method-i-use-to-identify-correctly-btcs-bottom-in-dec-5136515
I have a few free indicators on my trading view profile which are very effective if used correctly (provided you have an account there of course!). I've not yet done videos for all of them and plan to do so.
https://www.tradingview.com/u/ippp0031/#published-scripts
The last two videos I released detail some methods I use- along with the indicators they are over 20 mins long and accompanied by full articles- so you can review after or before the video, depending on your style of learning- they are detailed guides and no fluff or shiny buttons.
https://youtu.be/Mwc_poTs-fA
https://www.youtube.com/watch?v=LdZpwjMNQ4k&t=257s
Topic: LEARN TO TRADE BITCOIN FOR DAY TRADERS (Read 255 times)
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
Try to research some basic tutorial videos on youtube promise it will help you to gain knowledge on how to start trading basically being a day trader is not easy you need a better analyzation before doing any moves just be careful.Im using tradingview to monitor the flow of altcoin in the market its also include indicators like rsi, macd and many more.
Just like what this member told, I've also started with youtube video tutorials. Also, there are some terms that are vague for me which google and this forum provides me the meaning and helped me to step forward.
There are some basic indicators that I tend to learn like MACD and RSI but later on as I learned depth, I use some technical analysis that I think will benefit me more.
Here are some of my technical analysis that I am using. You can search what and how these indicators works. Been using tradingview in bitmex since I am a swing trader.
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
Try to research some basic tutorial videos on youtube promise it will help you to gain knowledge on how to start trading basically being a day trader is not easy you need a better analyzation before doing any moves just be careful.Im using tradingview to monitor the flow of altcoin in the market its also include indicators like rsi, macd and many more.
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
If you have a trading skill already, then develop the aspect that is good. Trade with demo and start live trading with small capital. You should know that no pattern is perfect, you lose and gain but winning more gives you more confidence.
For analysis, use both technical and fundamental because they shape the direction of the market.
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
It will be too long to answer and there will be many different answers because there are so many resources that you can read to learn about daily trading. I myself very rare to do daily trade as I believe I need to have big capital in order to make profit in daily trading.
Man, my advice to you: don't ask this on the forums. At best, you simply will not be told anything, and at worst they will advise something that does not need to be studied at all. Look for yourself, read everything, analyze yourself and draw conclusions from the information received! There is a lot of information on the Internet, but to get exactly what will be useful, you need to check everything for yourself!
I think he is not using the search button in the right corner or he doesn't search on Google. I don't think that he can get something if he doesn't try to search what he was searching.
There are so many lessons that he needs to learn to be a day trader and it does not happen by instant. He needs to spend his time to learn one by one from many sources and never stop before he understands.
Don't even think that you will make a lot of money in one-night because day traders will not be easy as you think especially if we are in the bear market.
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
I never encourage anyone (regardless of they are newbie or legendary here) to go day trading bitcoin. You may get trapped in a minute of fluctuations. Market is cruel than you could imagine about it. Take for example what happened yesterday, bitcoin was seeming strong around $4050 levels but in less than 2 hours it came down to $3920 levels and still trading there.Are you sure that you will be able to withstand such high volatility ? If yes, please read further else think about hodling and long term trading to accumulate risk-free profits.
Here are few of our useful discussions on day trading, many of our beloved traders have suggested what to do and what should be avoided:
with market conditions like this, are there any tips for continuing day trading?
The advantage of day trader
LastLaughingGuy - day trading diary
Binance day trading BTC
Mistakes need to avoid in day trading
day trading is like having sex
Please advise me which coins best for the day trading
Is there any reason to day trade anything other than bitcoin?
These 2 are useful article on general day trading :
https://www.investopedia.com/articles/trading/05/011705.asp
https://www.investopedia.com/articles/trading/06/daytradingretail.asp
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
feed - any news website (combine 3-4)
coinmarketcap - checkj volumes of trading
technical analysis - use trend and support&resistance (learn more here: https://www.b2bx.exchange/ru/education/trading-basics/technical-analysis/)
the same is for price action - wait till price hits support or resistance and do your job.
Different trader has a different experience and outcome over day trades, as for me day trades is hard as you will have to look for many different aspects before you can complete a trade.
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
You need to read technical analysis and implement. You can use tradingview to practice. It is always advisable to have your own strategy before starting huge investments. So, you can also use testnets to practice trading.
For day trading is better to use technical analysis and price action because we will trade different coin in many times so will be no times to learn each fundamental of each. But for long term trading is better use technical and also fundamental analysis so will be promising more profit.
I think technical analysis and fundamental analysis are useful in short term trading not a day trading so traders are know this fact. But day trading was little hard to predict so any signals also useless in this trading. So we must active in start to end because within a minute or hour is enough to complete our trading. For day trading is better to use technical analysis and price action because we will trade different coin in many times so will be no times to learn each fundamental of each. But for long term trading is better use technical and also fundamental analysis so will be promising more profit.
did you even read the thread title? OP is specifically looking for bitcoin trading tips.
Man, my advice to you: don't ask this on the forums. At best, you simply will not be told anything, and at worst they will advise something that does not need to be studied at all. Look for yourself, read everything, analyze yourself and draw conclusions from the information received! There is a lot of information on the Internet, but to get exactly what will be useful, you need to check everything for yourself!
agree with this, i think op only need to spend some time searching and reading on the internet. that's pretty much what you need to do nowadays if you want to learn something new.
For day trading is better to use technical analysis and price action because we will trade different coin in many times so will be no times to learn each fundamental of each. But for long term trading is better use technical and also fundamental analysis so will be promising more profit.
Daily traders? Hm, it will difficult to do because you need to learn many things, not just watching the chart, predict the trend but you need to know the good time to buy coins. You need to spend a time to learn, and it will not happen in the short time, but you have a good chance to see the best time to buy and sell the coin in the market.
When you decide to be a day trader, then it means, you need to be ready for anything that might happen in the market including pump and dump. The difficult part is choosing the right coin to buy and enter the trade itself because sometime you will miss a good time to buy. Maybe you will fail in the first week, but if you keep practice, then you have another chance to make a profit on that day.
When you decide to be a day trader, then it means, you need to be ready for anything that might happen in the market including pump and dump. The difficult part is choosing the right coin to buy and enter the trade itself because sometime you will miss a good time to buy. Maybe you will fail in the first week, but if you keep practice, then you have another chance to make a profit on that day.
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
There's nothing to say about news feed, you can get newsletter about the news article websites and let yourself be informed of the current news and events related to cryptocurrency. With the technical analysis, there's a lot of it on social medias, twitter, facebook and even on youtube. But if you're tuning in on youtube, be aware that some of them are just shilling their specific portfolios.
Man, my advice to you: don't ask this on the forums. At best, you simply will not be told anything, and at worst they will advise something that does not need to be studied at all. Look for yourself, read everything, analyze yourself and draw conclusions from the information received! There is a lot of information on the Internet, but to get exactly what will be useful, you need to check everything for yourself!
Day trading crypto is almost a guanteed bad idea.
Granted there are a select few that (claim) they can be successful day traders but fact of the matter is that trading crypto is much different then day trading stocks or commodities.
Just dont do rather hold on to your coins.
Granted there are a select few that (claim) they can be successful day traders but fact of the matter is that trading crypto is much different then day trading stocks or commodities.
Just dont do rather hold on to your coins.
As it was already mentioned, you better move this thread to trading discussion.
You can check this website, they have some good step-by-step lessons: https://www.babypips.com/learn/forex
This is mostly related to forex but everything related to technical analysis can be related to every kind of charts. No matter if it is forex, crypto or stocks.
You can check this website, they have some good step-by-step lessons: https://www.babypips.com/learn/forex
This is mostly related to forex but everything related to technical analysis can be related to every kind of charts. No matter if it is forex, crypto or stocks.
I think you should move your thread to Trading Discussion board, many people discuss daily or long-term crypto trading and I'm pretty sure you will get your answer from there.
Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
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