My experience day trading - no moon shots - page 3.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: DanTalksCrypto on September 11, 2018, 05:40:25 PM

I would put an order in for the easy buy range and sell when it hits yellow. Keep stop losses tight (1%) to avoid getting burned.

I now aim for 1% in a day and once I achieve that I'm done - come back tomorrow and do it all again. Compounded it adds up quickly, hopefully this time next year I'll have made a good decision.

Just like what I've always said, 1% target and profits per day is better than aiming for 50% a day, you might end up in a trap holding a coin that was dumped by whales. Aside from aiming for just 1% a day, also spread your capital. Don't just put all that funds in just 1 coin, 3 or more is better so if 1 fails to hit at least 1%, you still have other coins to rely on and recover your losses.

udidrone

sr. member

Activity: 2114

Merit: 268

Leading Crypto Sports Betting & Casino Platform

Quote from: DanTalksCrypto on September 14, 2018, 04:18:17 AM

Quote from: cryptorima on September 14, 2018, 03:49:57 AM

I think your strategies are very good. Because you do not get much profit, you only gain 1% per day and many people want to earn 10% daily or 20%, and for this, they face many losses and you use a very safe method. I like and respect your strategy.

Appreciate your comments. Would be great to chat with you on discord. Hit me up there. Hope your Friday is going great.

Control greedy in ourself is good. That is what many people must learn before they do trading. If you can consistent about 1% perday and keep play safe, you will be very rich in future i believe.

hoavantathan

newbie

Activity: 196

Merit: 0

The market is up and down everytime. Can you predict the market? I don't think so. Can you show me how you do that? I see many daily traders die. So i do not join daily trading campain.

p3ppymon

sr. member

Activity: 700

Merit: 254

The calculations made do not make sense as OP will definitely not treads with his/her full bankroll each trade. It would be cool to do so.
The, as per calculations, and considering only trading max 5% of the roll, profits are much lower than reported.
Good luck anyway.

Thirdspace

hero member

Activity: 1232

Merit: 738

Mixing reinvented for your privacy | chipmixer.com

Quote from: DanTalksCrypto on September 11, 2018, 05:40:25 PM

I would put an order in for the easy buy range and sell when it hits yellow. Keep stop losses tight (1%) to avoid getting burned.

I now aim for 1% in a day and once I achieve that I'm done - come back tomorrow and do it all again. Compounded it adds up quickly, hopefully this time next year I'll have made a good decision.

Quote from: DanTalksCrypto on September 14, 2018, 03:33:06 AM

Stop losses are very important. I learned this the hard way in the beginning!

it really does add up in the long run, but maintaining 1% daily profit is not as easy as said
and having stop losses is great but I think 1% is too tight in crypto trading
so your trade range is somewhat very narrow Undecided

with 2% between stop loss and sell on profit
won't you be getting losses more often than making profit, and ended up in loss position

DanTalksCrypto

newbie

Activity: 42

Merit: 0

For those who might want to see what this is about - come and have a look today, it’s Firepit Friday!

All members get free access to the paid tier for 8 hours with multiple charts over multiple coins. Plus the community will be alive with live trading examples and calls. Come and say hello!!

https://discord.gg/BN9P2tk

DanTalksCrypto

newbie

Activity: 42

Merit: 0

Quote from: policeoo on September 14, 2018, 07:02:46 AM

I think daily trading is good. But many people expect too much. They are looking for instant profit. They want to earn 10-20 percent daily. But these facts and wishes are not real. If you are not looking for losing much money, your strategies are fine and safe. Less profit, but safer. Your strategies are good.

Thank you my friend. I’m in the game for long-term, gradual, returns. This works for me. Hope to see you in the Discord.

policeoo

full member

Activity: 420

Merit: 105

“The Future of Security Tokens”

I think daily trading is good. But many people expect too much. They are looking for instant profit. They want to earn 10-20 percent daily. But these facts and wishes are not real. If you are not looking for losing much money, your strategies are fine and safe. Less profit, but safer. Your strategies are good.

DanTalksCrypto

newbie

Activity: 42

Merit: 0

Quote from: cryptorima on September 14, 2018, 03:49:57 AM

I think your strategies are very good. Because you do not get much profit, you only gain 1% per day and many people want to earn 10% daily or 20%, and for this, they face many losses and you use a very safe method. I like and respect your strategy.

Appreciate your comments. Would be great to chat with you on discord. Hit me up there. Hope your Friday is going great.

cryptorima

jr. member

Activity: 278

Merit: 1

I think your strategies are very good. Because you do not get much profit, you only gain 1% per day and many people want to earn 10% daily or 20%, and for this, they face many losses and you use a very safe method. I like and respect your strategy.

DanTalksCrypto

newbie

Activity: 42

Merit: 0

Quote from: CryptoIyke on September 13, 2018, 05:09:13 PM

Have tried this sometime and it worked for a while and little mistake wiped out the profit, however I never used stop losses and have learnt to apply it, Kudos to you on your voyage, please would like to see your updates on progress made. 1% a day however is very low, will be meaningful to someone with loads of fund as capital

1% per day for me is something I'm happy with. I have a day job so cannot devote all day to making more. On weekends I can do multiple trades and make a few % per day.

Stop losses are very important. I learned this the hard way in the beginning!

I think you would benefit from joining the discord group. Especially today as later on there will be charts galore (see my separate post on Firepit Friday) - it'll help you see what it is all about. My username is the same as on here so come and say hello. Happy to talk you through.

https://discord.gg/BN9P2tk

Ahasca

newbie

Activity: 12

Merit: 0

Quote from: CryptoIyke on September 13, 2018, 05:09:13 PM

Have tried this sometime and it worked for a while and little mistake wiped out the profit, however I never used stop losses and have learnt to apply it, Kudos to you on your voyage, please would like to see your updates on progress made. 1% a day however is very low, will be meaningful to someone with loads of fund as capital

I think that 1% per day is really great for people with low capital. It's safe and easy way to enter the market and begin trading, especially if you don't know much about it. You want to learn conservatively and avoid blowing up a small account.
What would your per day % goal be, just curious?

CryptoIyke

copper member

Activity: 308

Merit: 1

Have tried this sometime and it worked for a while and little mistake wiped out the profit, however I never used stop losses and have learnt to apply it, Kudos to you on your voyage, please would like to see your updates on progress made. 1% a day however is very low, will be meaningful to someone with loads of fund as capital

DanTalksCrypto

newbie

Activity: 42

Merit: 0

Quote from: bummm on September 13, 2018, 03:18:26 PM

There is no need to risk dealing with the day trading. Choose the holding strategy, and at last, you will make good money. So my choice is holding!

That's fair enough - whatever works for the individual. Good luck my friend!

bummm

full member

Activity: 630

Merit: 100

There is no need to risk dealing with the day trading. Choose the holding strategy, and at last, you will make good money. So my choice is holding!

DanTalksCrypto

newbie

Activity: 42

Merit: 0

Quote from: Ctn on September 13, 2018, 01:14:38 PM

Now thats the best strategy behind it. I think going for the big % profits is always worst because that is nothing but the greediness. If you have now overcome with that strategy then it is always best as you wont be loosing money over your greed. This should be lesson to everyone who is willing to do the day trade. Its risky and also sometimes it is not even possible to single % of profit in day trade. So expecting too much high returns is not the best way to go around it. I like that you gonna take up around 1% profits daily because that is also 30% ++ profit over month and sufficient enough.

That's exactly it. Manage greed and you'll do well. Who wouldn't want 30% per month? I know I do and am enjoying it.

Would be great to chat further about how you do your thing along with the other community members. Say hello in #the-swamp https://discord.gg/BN9P2tk

DanTalksCrypto

newbie

Activity: 42

Merit: 0

Quote from: Gwapoman on September 13, 2018, 02:24:39 PM

Quote from: DanTalksCrypto on September 13, 2018, 12:38:33 PM

Quote from: Gwapoman on September 13, 2018, 10:00:56 AM

Quote from: DanTalksCrypto on September 13, 2018, 03:16:36 AM

Believe me - it took a while to get control. January to June I was looking for moonshots and wanting huge gains. I think I just about ended up with the same amount of BTC after lots of ups and downs.

But since then and discovering the team at Voodoo I've got a system I stick to, don't get greedy and it works for me. It's an exciting time. Come and check us out for the full set of charts this Friday - see what's happening. Link in the above post.

It's good to hear that the strategy is working fine for you.looking for different strategies is one of the things that we need to be succesful in the trading world.I've been joining different channels like the one in the link,trying to seek knowledge and ideas that other traders do.I'll check it out ony my free time.
it really helps a lot being open to suggestions and ideas from many different traders,this is a good way to gain knowledge and enhance your skills in your future trades.

by the way,i hope you didn't take your 1% tp today.this is the situation i was talking about when greediness sometimes pays off.

Can't wait to see you on the Discord (https://discord.gg/BN9P2tk). My username is the same as here so hit me up when you come around.

I did take my 1% this morning (1.1% actually after fees). I might look at doing another trade but if I'm not seeing anything I like I'm happy! Cheesy

just joined the group..can't find the public chat channel so ill just try to browse again tomorrow..thanks again for the invite and hope to learn a lot from this channel.need to go now and hope you hit your target tp again tomorrow.wish you all the best and goodluck..

Tomorrow is a great day to have a look around. There will be charts galore as it is Firepit Friday!

I think all the channels unlock once you've click the emoji at the bottom of #terms-or-service

Public chat channel is #the-swamp - let's catch-up tomorrow

Gwapoman

jr. member

Activity: 252

Merit: 8

Quote from: DanTalksCrypto on September 13, 2018, 12:38:33 PM

Quote from: Gwapoman on September 13, 2018, 10:00:56 AM

Quote from: DanTalksCrypto on September 13, 2018, 03:16:36 AM

Believe me - it took a while to get control. January to June I was looking for moonshots and wanting huge gains. I think I just about ended up with the same amount of BTC after lots of ups and downs.

But since then and discovering the team at Voodoo I've got a system I stick to, don't get greedy and it works for me. It's an exciting time. Come and check us out for the full set of charts this Friday - see what's happening. Link in the above post.

It's good to hear that the strategy is working fine for you.looking for different strategies is one of the things that we need to be succesful in the trading world.I've been joining different channels like the one in the link,trying to seek knowledge and ideas that other traders do.I'll check it out ony my free time.
it really helps a lot being open to suggestions and ideas from many different traders,this is a good way to gain knowledge and enhance your skills in your future trades.

by the way,i hope you didn't take your 1% tp today.this is the situation i was talking about when greediness sometimes pays off.

Can't wait to see you on the Discord (https://discord.gg/BN9P2tk). My username is the same as here so hit me up when you come around.

I did take my 1% this morning (1.1% actually after fees). I might look at doing another trade but if I'm not seeing anything I like I'm happy! Cheesy

just joined the group..can't find the public chat channel so ill just try to browse again tomorrow..thanks again for the invite and hope to learn a lot from this channel.need to go now and hope you hit your target tp again tomorrow.wish you all the best and goodluck..

Ctn

sr. member

Activity: 644

Merit: 259

Now thats the best strategy behind it. I think going for the big % profits is always worst because that is nothing but the greediness. If you have now overcome with that strategy then it is always best as you wont be loosing money over your greed. This should be lesson to everyone who is willing to do the day trade. Its risky and also sometimes it is not even possible to single % of profit in day trade. So expecting too much high returns is not the best way to go around it. I like that you gonna take up around 1% profits daily because that is also 30% ++ profit over month and sufficient enough.

DanTalksCrypto

newbie

Activity: 42

Merit: 0

Quote from: Gwapoman on September 13, 2018, 10:00:56 AM

Quote from: DanTalksCrypto on September 13, 2018, 03:16:36 AM

Believe me - it took a while to get control. January to June I was looking for moonshots and wanting huge gains. I think I just about ended up with the same amount of BTC after lots of ups and downs.

But since then and discovering the team at Voodoo I've got a system I stick to, don't get greedy and it works for me. It's an exciting time. Come and check us out for the full set of charts this Friday - see what's happening. Link in the above post.

It's good to hear that the strategy is working fine for you.looking for different strategies is one of the things that we need to be succesful in the trading world.I've been joining different channels like the one in the link,trying to seek knowledge and ideas that other traders do.I'll check it out ony my free time.
it really helps a lot being open to suggestions and ideas from many different traders,this is a good way to gain knowledge and enhance your skills in your future trades.

by the way,i hope you didn't take your 1% tp today.this is the situation i was talking about when greediness sometimes pays off.

Can't wait to see you on the Discord (https://discord.gg/BN9P2tk). My username is the same as here so hit me up when you come around.

I did take my 1% this morning (1.1% actually after fees). I might look at doing another trade but if I'm not seeing anything I like I'm happy! Cheesy

Topic: My experience day trading - no moon shots - page 3. (Read 2088 times)