Topic: WHO DOES CRYPTO DAY TRADING? - page 4. (Read 641 times)

I'm not gonna tell you which crypto asset delivered the best for me in 24 hours as this is not going to help you in any way. You just need to discover yourselves as an intending trader. If I start now till tomorrow telling you about my good trading days in the financial market based on the history of many years, I think I will have enough to tell you. But to what end? Just know that people are making huge money in the crypto space, just the same way people are losing and ruining their trading accounts daily. With this knowledge, you can see that telling you how best I earn will only be a noise if you are wise. What will be beneficial to you is the advice on how to learn and train yourself for successful trading.

You need to focus on how best day trading works and is being approached for successful trading, and even if you are already trading other styles, you must know that day trading is short-term trading and requires more accuracy and skills. This includes decisive management and plans that will help you to know the overall trend of the day and maximize it with minimum risk exposure. As little and cheap as this advice is, it will go a long way in helping you get on your feet. Just make sure that you risk a little every time you trade, and the right use of stop loss and support and resistance strategies should be able to do this for you. Lastly, the price action is so important in day trading as well. If you are building such a unique strategy that will be safe during the day trading activities, no matter the strategies you are using primarily, a simple price action for confirmation is always a big edge.

Good luck to you!

Trading is risky. I am telling you that to be very careful. As you can make profit, it can be losses instead. Many people do not have good history of trading.

What I have learned in trading is to trade good coins and do not leverage. Just go 1x. But if you are getting better, you will know the right leverage that you should be using. Do not use high leverage.

Trade with small amount of money.

Longed Solana with leverage in December with 14x leverage and ended up being up around 250-300% in just less than 8 hours(if I remember correctly). With that said, I wouldn't recommend active trading and most especially leverage trading to anyone. 95% of people are far better off just holding spot.

I want to get into crypto day trading. It truly fascinates me. Out of curiosity, if anyone does day trading comment what crypto you made the most profit on in a 24 hour period. Please tell me what crypto and the total amount of profit you made. Thanks