My first three days in day trading. - page 3.

Vidgenx

newbie

Activity: 27

Merit: 0

Quote from: dumplingsandsushi on November 09, 2017, 12:30:46 AM

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

Maybe you do have talent in daily trading, but I think the one that makes you successful, is that you are at the moment all the coins are experiencing very good growth. But you can do it at any time, because fluctuations are available for games like that, it's just that the risk level will be different now.

vladaziya4

jr. member

Activity: 238

Merit: 1

Interesting schedule, I like it. Up to this point, this function was not developed enough, now it's time to do it. Thank you. Cool

This is a very interesting idea for your development. If you promote it, you will reach great heights. Good luck with your work. Grin

enawati

full member

Activity: 574

Merit: 102

https://adonx.one

As i know cryptopia exchange does not have stop limit feature that important to use in trading for stop loss, and in that times all crypto in bull run so is more easy to make profit. And when bearish trend started on january till now , i think more than 60% of crypto trader in loss. Crypto has high volatility so we should be cut loss whenever the prediction wrong to minimize loss.

adejoke444

newbie

Activity: 224

Merit: 0

Not everyone can be perfect in day trading. I believe day trading is meant for the smart investors and not for the beginners

Phaphoo

newbie

Activity: 248

Merit: 0

Recent bounty shackles/scam lead me to day trading and I think am enjoying it gradually, though I don't put in much investment but my 0.4 ETH has increased to 0.5 in a week.
So, I think day trading is cool sources of investment.

Roklepj

newbie

Activity: 35

Merit: 0

Incredible post as it's an intriguing perused, individuals constantly get a kick out of the chance to know about others encounters. The key is to have your system and stick to them, we would all be able to get somewhat energized, somewhat ravenous however that is typically when we fail spectacularly. Simply recall by the day's end, benefit is benefit! It is great to see you continue refreshing this string, possibly like a week by week refresh or something!

Onilbitco-o

member

Activity: 140

Merit: 10

The first days are very complicated. It is necessary to study the information and look for the movement of the crypto-currencies market. Have a lot of patience, and do not lose calm.

HandsomePeople

jr. member

Activity: 266

Merit: 1

It's normal to get profit at first time, but when you are in loss how are you going to deal with that ( sell with loss or hold), there are many situations that are so difficult to deal with it without a lot of experiences and knowledge.

deda123

jr. member

Activity: 109

Merit: 1

The World’s First Blockchain Core

trading first need enough patience if you have lack of it you are done you don t have much things to do and also there is on emore need you have to have enough knowledge also.

surtiml

newbie

Activity: 39

Merit: 0

In spite of the fact that day exchanging is extraordinary yet I would recommend that you learn specialized examination on the off chance that you need to get into it. Else the best system is to purchase and hold coins for long haul. Individuals who purchase and hold for long haul profit except if you are a whale who is impacting the business sectors day exchanging.

crenfrosck

member

Activity: 470

Merit: 12

Wow, difficult to find optimistic people in this stage of the market and even making a surprisingly great profit as well Grin

. It seems like you have made your job of a day trader very well and now you can enjoy your profit (0,01 BTC is not a negligible amount, for me at least) or reinvest (I think you are going this way). You have not made any major mistake so far and you were rewarded, but pay attention as things can turn around just in the moment when you expect it the least. Anyway, I wish you luck in your upcoming challenges in a life of a trader so we would be able to read your next successful story Wink

.

valnd

member

Activity: 406

Merit: 11

Until the end of time

Guess you are also been lucky, day trading doesn't make gain every day, most times you can lose and most time you can gain, but you knowledge will make you to gain more than you can lose and that's one of the good thing about learning about trading and crypto currency before venturing into it.

jamota

newbie

Activity: 112

Merit: 0

I have tried daytrading and I lost money quickly because of my limited knowledge about the day trading market. I don't have knowledge about stocks or forex trading which is one of my biggest losses when entering the crypto market.

Onestepinhell

full member

Activity: 462

Merit: 100

Good Morning

Quote from: Camster on August 03, 2018, 05:29:03 PM

Very nice start. Always stay within yourself and don't get to cocky if you go on a winning streak. I have tendencies to over bet on my trades so I have a few hole sin my game. Make sure if you find a issue fix it quickly.

i wish you good luck Nd i thonk id you continue beloevei g i ylursslf and comtinue learning everything will be allright

Onestepinhell

full member

Activity: 462

Merit: 100

Good Morning

Quote from: dumplingsandsushi on November 09, 2017, 12:30:46 AM

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

trading is hard and i think taht yku need to learn a lot before you can start go isebog amou t of mo ey in this sphere

Camster

member

Activity: 180

Merit: 10

Very nice start. Always stay within yourself and don't get to cocky if you go on a winning streak. I have tendencies to over bet on my trades so I have a few hole sin my game. Make sure if you find a issue fix it quickly.

Nureni

newbie

Activity: 118

Merit: 0

Ha! My first week in trading is like I'm in hell, I face and pass through suffer me, all my investment disappeared, but later I started making my profit

13ex07

member

Activity: 322

Merit: 11

Thank you for +Merit

Quote from: dumplingsandsushi on November 09, 2017, 12:30:46 AM

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

This is pure luck. You will lose a lot of money and time before the trade will bring you a steady income.

jklaw

newbie

Activity: 23

Merit: 0

echoing earlier comments, emotions are the enemy. I am not a daytrader by any means but doing some more frequent trading and I can say without a doubt that when I follow emotions over carefully laid plans I have been frustrated for hours and days when it was completely avoidable. All my trading is in btc and taking small bites of profit out of the daily trading ebb and flow. still learning and love seeing others with reports of success too.

SHIFTCASH

member

Activity: 182

Merit: 12

Day trading is always very risky.You can easily gain or lose at any point.

Topic: My first three days in day trading. - page 3. (Read 2742 times)