Questions on Day Trading the BTC/USD market

Hello,

Great forum and great place.

I have experience trading the future markets using a bit of technical analysis and price action (support and resistance).

I have been practicing sim trading BTC/USD because of big price swings lately, and I believe good trading opportunities are here. I like the big swings.

Few Questions:

1. Is the volume on BTC/USD high 24 hours a day? I am use to trading the /ES (S&P 500 future market) and volume normally greatly reduce about 3:15 central time although open 24 hours a day.

2. I having using MT4 to sim trades, do you have a recommended reliable broker you recommend?

3. Why is the spread (bid vs ask price) so big? I notice the spread is $10 difference. As soon as I enter a trade, I am at a loss.

4. Also, I notice different price charts and charting websites and exchanges have different BTC/USD prices. I guess the correct price is whatever the broker I use price is correct? lol

Thanks for any help.

Topic: Questions on Day Trading the BTC/USD market (Read 180 times)