Learning day trading - page 3. | Bitcointalksearch.org

Alfiehob

newbie

Activity: 92

Merit: 0

Quote from: DanTalksCrypto on September 08, 2018, 02:31:16 PM

How are people learning how to day trade? What are you methods?

Personally I've done the signal groups etc but found them very hit and miss. I'm not good enough to do my own TA (and can TA really help for day trading - no idea?).

Only method I've found that I find works was taught here: https://discord.gg/nCmjwmQ

It focuses on getting in and out of v.high volume coins as they naturally fluctuate.

Cheers!

Trading is not easy but you can still learn it if you want to and you’re also serious about it. Signal groups are not 100% perfect so you can lose anytime, or maybe you don’t trade at the right time when you’re given the signal to trade. But it is best to learn to trade yourself so that you don’t need to be relying on these things for trade, cause they disappoint a lot.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Those signal groups will not help you earn money. What you are doing if you joined those signal groups and pay a fee is help the owner of that group get rich and not you from his signals. Those signals are not genuine, most of them came from another group where they joined as well. So by the time the signal reached you, you are too late. I would rather pay to learn how to read and analyse those charts than wait for signals.

yecats

member

Activity: 395

Merit: 14

Quote from: DanTalksCrypto on September 08, 2018, 02:31:16 PM

How are people learning how to day trade? What are you methods?

Personally I've done the signal groups etc but found them very hit and miss. I'm not good enough to do my own TA (and can TA really help for day trading - no idea?).

Only method I've found that I find works was taught here: https://discord.gg/nCmjwmQ

It focuses on getting in and out of v.high volume coins as they naturally fluctuate.

Cheers!

My advise is study more and learn more about TA way to succeed in trading. There are a lot of tutorial out there try to consider finding another source. It's hard to give strategies because we are dealing with different coins.

omonuyak

sr. member

Activity: 882

Merit: 269

Day trading do come with it own risk and reward and we are to invest along the advice given by op. You just need to be smart in other to be able to make money from day trading. Remember that day trading can only be achieved when the market is trending along the Fibonacci level and you understand on how to get in and quickly get out when it is entrancing.

pundit

full member

Activity: 868

Merit: 104

Trading means business and you need to learn to do the business, its not only the market analysis but also controlling your emotions, money management which should be learn with trading, you can not learn it in a day or month or even a year may be less, learning trading is like walking on a rope and trust me once you are near to expertise in trading you need not to do any other business, keep investing your time in trading if you really like it, one day market will start talking to you.

Leonard2016

hero member

Activity: 1036

Merit: 520

I suggest day trading only if you are advanced trader , it is riskier but could be more profitable too but of course you need knowledge and experience to make some profit , I suggest youtube videos , there are some great youtubers you can subscribe and learn much still you should practice and experience by yourself too , to learn better .

Babyrica0226

sr. member

Activity: 854

Merit: 252

Learning trading is not that easy to understand, and most of us here knows that things anyway. Especially day trade is too risky to do it, because you can be wreck once you didn't know properly how to use it well. Though, there's a tendency that you could earn from 1 to 3% of daily profit in here, but that's not gonna be easy to do when you are in the actual trade anyway.

bit:boy

newbie

Activity: 40

Merit: 0

learning day trading is nothing but practice everyday experience will only teach you day trading , there is no other way you can learn day trade only your experience will teach you

yugyug

sr. member

Activity: 616

Merit: 256

There are numerous websites, chat groups, social media groups, YouTube tutorials about day trading this resources helps you to guide on how to properly apply the day trading techniques but the most important thing is how to handle your emotions and psychological factor about trading. You can always be happy when you always win for the trade but opposite from it is how to manage your losses together with your emotional down turn because you can't think wisely,practically and reasonably when you are at a loss.

astridwi

jr. member

Activity: 262

Merit: 2

simple to learn daily trading, namely observe 1-3 coins in a large exchange with large sales volume and good liquidity, then do technical analysis and support from the coin news. and then you just have to buy coins at a certain price and set the target profit and stop it if you like it

Fulmand

sr. member

Activity: 568

Merit: 250

Don't expect to learn day trading could give you nice thing while market has no certain pumps. Maybe it will give you an overview of what trading is, but overall it will not give you sustainable profit since market was declining at lower price on most of the coins in the marketplaces. Just do day trading during a green market which could give you enough earnings to fulfill those goals you desire.

TomArayaSlaya

member

Activity: 812

Merit: 10

https://hovr.site/

Is mostly easy to do just focus on the graph and maybe have a coffee by your side and then learn to keep your emo down to avoid a fatal crash

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: adzino on November 14, 2018, 01:02:15 PM

Quote from: Prompyboo on November 14, 2018, 10:07:58 AM

I would recommend to find a professional teacher who will help you learn how to make day trading / correctly determine the levels.
Technical analysis definitely works on cryptocurrency.
Try and achieve results

Since when did "teachers" popup to teach people trading? One would not need any kind of tutors to learn trading. It all comes from personal experience. If you keep on learning without experiencing, you will be getting zero knowledge about the market. The best thing to do is, start with small investments. You will lose a lot, but then again, you will be gaining experience. Learn from this mistakes and gather those experience. Once you are comfortable enough, go big.

Exactly.Never be afraid to take personal experiences in trading.Application is much better than just reading different sources of trading.Day trading will still be profitable if you know how to deal with it.Learn to trade even with a small amount and eventually you can still make good profits from it.And as much as possible,avoid trading with your emotions if you want not to make losses in the end.

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

Quote from: DanTalksCrypto on September 08, 2018, 02:31:16 PM

How are people learning how to day trade? What are you methods?

I look up for online resources like website and video. This step is meant to cover my basic knowledge about trading. I mostly focus on learning technical analysis right now. I see fundamental analysis as common sense and doesn't require additional knowledge for now.

To help with the application of TA in my trading, I follow some good traders in Telegram dan Twitter. I use them to gain some fresh insight on the market and most importantly to see how they use TA before deciding a trade. Obviously, I don't simply follow and buy whatever they're calling, never intended to do so.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: Prompyboo on November 14, 2018, 10:07:58 AM

I would recommend to find a professional teacher who will help you learn how to make day trading / correctly determine the levels.
Technical analysis definitely works on cryptocurrency.
Try and achieve results

Since when did "teachers" popup to teach people trading? One would not need any kind of tutors to learn trading. It all comes from personal experience. If you keep on learning without experiencing, you will be getting zero knowledge about the market. The best thing to do is, start with small investments. You will lose a lot, but then again, you will be gaining experience. Learn from this mistakes and gather those experience. Once you are comfortable enough, go big.

geopolisch

hero member

Activity: 1022

Merit: 511

Quote from: otundebis on November 14, 2018, 01:57:57 AM

The trading abilities come with how much time you dedicate to it and your experience that bring about the best personal method of trading. The profit or loss you make is proportional to you knowledge, skill and experience in cryptocurrency market!

That is for sure one thing that I know that when it comes to trading, it takes you zeal and your hunger to learn, to get better quickly over time. However, it is always very imperative to take learning seriously and not rush it at any point in time.

Today, people want to rush learning and practicing all in the name of wanting to start getting rich pretty fast and as a result of that, they just end up screwing everything up and saying the market is being manipulated or they have learned but everything just seems to be the same.

Having a strategy is all that it takes and most especially you want to know how to take out emotions and stick with executing your strategy when it comes to day trading, and that is one strategy you sure must have built on and gain confidence on with practice, before even trading the real world.

xIIImaL

legendary

Activity: 1372

Merit: 1005

Quote from: Malamok101 on November 14, 2018, 10:32:58 AM

I always learn in trading must hold some coins that gettinh for a big dump to recover how much funds loss from you but i accept that and taking a break this time to avoid lossing more money.

Day trading is not a simple technique so we learn more about short term and mid term trading in crypto it will be good to improve the day trading skills. But your suggestion is totally matching from long term investment so I recommend buy Bitcoin in this bearish market. Because total market is suddenly moving to backward so we should buy more BTC in this dip.

Mr.trader

newbie

Activity: 56

Merit: 0

There is always a lesson for every mistake we make, we should not make this mistakes again and follow rules for making money many trades will first fail and then learn from mistakes and they improve

Malamok101

full member

Activity: 868

Merit: 100

Proof-of-Stake Blockchain Network

I always learn in trading must hold some coins that gettinh for a big dump to recover how much funds loss from you but i accept that and taking a break this time to avoid lossing more money.

Prompyboo

sr. member

Activity: 807

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

I would recommend to find a professional teacher who will help you learn how to make day trading / correctly determine the levels.
Technical analysis definitely works on cryptocurrency.
Try and achieve results

Topic: Learning day trading - page 3. (Read 1097 times)