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Topic: My first three days in day trading. - page 8. (Read 2742 times)

full member
Activity: 490
Merit: 100
November 09, 2017, 03:09:28 AM
#23
be sure to take profits. It so coincided that now most of the coins are at the bottom. Given the latest news about bitcoin, yesterday there was a great opportunity to buy strong altcoyins, On the weekend, I think there will be a small pullback on them. In general, the market comes to life
sr. member
Activity: 586
Merit: 251
November 09, 2017, 02:53:08 AM
#22
Good job, bro! You are a great investor.  Cheesy. I have not been lucky than you. I had been lost all my money for the first time. But, there is no problem, I have learned many things after that.
jr. member
Activity: 57
Merit: 10
November 09, 2017, 02:15:58 AM
#21
Luck can come your way few times but not all times.
There are some coins that are volatile. find those coins and do this.
If will be safe dude.
Otherwise you will burn all the money.

Find coins that are resting in good support and going sideways.
It is safe.
just an idea.
member
Activity: 79
Merit: 10
November 09, 2017, 02:03:26 AM
#20
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?
Just got in the right time. No one can not fail to appreciate your efforts and reasonable steps, but the coincidence of the circumstances gave such a result, because agree that in a day you can lose the same amount or more, despite the measures taken.
full member
Activity: 210
Merit: 100
November 09, 2017, 01:57:45 AM
#19
Wow! I only have 0.02 in my Bitcoin wallet so if I'm going to do trade same as yours then maybe I'll get the same or more than your return of investment. Trading is one of the things I an experience want to learn also because gaining profit is easy and the risk is very low.

You have no idea
full member
Activity: 238
Merit: 102
REVOLUTIONIZING THE TRAVEL INDUSTRY
November 09, 2017, 01:46:57 AM
#18
Trading is very complicated and stressful job especially for new guy. You can earn some money today, lose tomorrow and so on. The main complexity is to stay calm while trading. I dont like trading and trying to earn money with another kind of job.

So you mean it's like gambling or so? Even in gamble it requires exceptional skills to get above average profit. Trading is also like get a lot of profit today then you're not always getting profit, right? So, basically you do it with luck.
full member
Activity: 238
Merit: 102
REVOLUTIONIZING THE TRAVEL INDUSTRY
November 09, 2017, 01:44:04 AM
#17
Wow! I only have 0.02 in my Bitcoin wallet so if I'm going to do trade same as yours then maybe I'll get the same or more than your return of investment. Trading is one of the things I an experience want to learn also because gaining profit is easy and the risk is very low.
newbie
Activity: 42
Merit: 0
November 09, 2017, 01:42:36 AM
#16
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?

You got in at a good time, when the market is pumping. Don't expect it to be so giving in the future.
hero member
Activity: 1960
Merit: 547
DGbet.fun - Crypto Sportsbook
November 09, 2017, 01:33:17 AM
#15
Trading is very complicated and stressful job especially for new guy. You can earn some money today, lose tomorrow and so on. The main complexity is to stay calm while trading. I dont like trading and trying to earn money with another kind of job.
full member
Activity: 1064
Merit: 166
November 09, 2017, 01:29:10 AM
#14
Its very easy to do well in a bull market, i suggest not to feel too confident about your trading skills at this stage
full member
Activity: 182
Merit: 100
November 09, 2017, 01:29:00 AM
#13
When i was starting her in forum my first goal is to gain rank and learn a lot about cryptocurrency,i wonder and i observe all the account and every topic how they do it as i was reading little by little i begin to learn how its work and reading is the first tool to earn her in cryptocurrency.
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
November 09, 2017, 01:26:02 AM
#12
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?
Unluckily we do not have similar way in trading because it takes a month before I resell it. You have a good strategy and techniques, it is really hard for me to predict when will the token is going to pump.
member
Activity: 140
Merit: 10
★777Coin.com★ Fun BTC Casino!
November 09, 2017, 01:25:12 AM
#11
Patience is the key and don't just automatically scale up because you won a few trades already. Sooner or later you are going to lose a trade and it is better to keep it small so you do not get discouraged when the times comes. After a month or two of trading you will be in a better position to scale up your trades some more. I know it doesn't sound as exciting, but slow and steady wins the race here.
full member
Activity: 251
Merit: 100
November 09, 2017, 01:15:30 AM
#10
And don't forget that even if you have a losing position, you still "win" because you will have learnt what not to do and how to improve your trading model! Smiley

Also remember that your trading model will break eventually, so you should have proper risk management in place so you can survive bad trades and protect your capital to fight another day.
full member
Activity: 322
Merit: 100
November 09, 2017, 01:11:43 AM
#9
Well congrats to you mate Smiley I've been trying to figure out how trading works and did such tons of researchs too. But I don't have much funds and I am feared to lose my money. Guess i have to gain courage for the risk
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
November 09, 2017, 01:10:31 AM
#8
WOW you have done really well. I wish I was a good day trader but am pretty crap at it. I do like to arbitrage trade my favorite coins though when I get a chance so try to increase my little stashes that way if I can, but I don't always get the time of possibility. If you keep going like this you will end up really wealthy one day.  Smiley. Keep this thread alive as I want to see where you are at a year from now.
full member
Activity: 210
Merit: 100
November 09, 2017, 01:08:36 AM
#7
I am by far an experienced trader, but i have been around from june and crypto is one hell of a rollercoaster. Due to the fact that this is still pretty early to jump the boat you have to realise that 20up mean one day 20 down, you will see your portfolio decrease half over night. Don’t be greedy either, i did not participate in the free money 2X bs and am happy about that now. Don’t follow the herd, they will try to push you in a direction. A lot of paid shills everywhere, look at the beeeconIIIIIIIII joke (bitconnect). Green (often) meens don’t buy cause you are to late. I have done a ton of research too and am happy to see most of my coins in the top pumped coins today. That has got to mean something.

My strategy is to have 30 procent btc, the rest in alts. This has proven me to be very good because my complete portfolio has never been below its initial investment. I just don’t dare touching the steady coins. I pick a small percentage to put in some pump coin and put a sell order. This way i sold my pot coin at 0,2btc and bought VTC the day before yesterday. We all know how that went :-)
member
Activity: 70
Merit: 10
November 09, 2017, 01:04:42 AM
#6
Create your own trading rules, follow them and be patient and you will reap the benefits  Cool
full member
Activity: 364
Merit: 117
November 09, 2017, 12:55:53 AM
#5
Its good if you are doing it positively. My experience of trading is worst. My portfolio is green because of hike in BTC value. All I can say is HODL os better than trading in my opinion.
full member
Activity: 322
Merit: 103
November 09, 2017, 12:51:29 AM
#4
Contratulations!  But you should always keep your mind sober and understand that there is a high chance that you just was lucky enough to get this profit (sometimes you can spend days analyzing charts and get losses). Anyway the starting period is the hardest for many people simply because you should look through tons of new information.
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