Topic: with market conditions like this, are there any tips for continuing day trading? - page 2. (Read 431 times)
March 26, 2019, 05:04:30 PM
Traders still market profit on a bear market because even while itvis down, there are also some buy within and people make money on it. If you can not make profit though, it is better to stay out for now and even yourself with something else till market recovers.
March 26, 2019, 08:51:19 AM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
I don't have any age strategies what I can do in the previous days I will follow this situation also the only think is the panic will increasing every time when the market is going down otherwise making profit is also same like the normal situation in trading. March 26, 2019, 05:29:50 AM
If you are not really experience and know the market situation then its better to stop trading, its still possible to make a profit despite the bear market condition, when the market still fluctuative then the chance to make profit still exist, but in bear market the difficulty of making profit is increasing, once you make the wrong move the lost could be fatal
March 25, 2019, 10:04:13 PM
Any times is good for day trading , even in bearish trend we can make profit by shorting potition in margin trading, we have to understand about trend of market, if the trend bullish just like now is better make trade on spot market by potition long. So the key is understanding about the trend, the trend of market only divide in to bearish, sideaway and bullish.
February 12, 2019, 04:21:18 AM
Common tips for continuing day trading is to build a new strategy to protect your portfolio and to reduce risk situation. Because there's no other ways for it to exit especially if you have huge losses. So much better to stay and build a certain strategies to regain losses, indeed everything is temporary which for sure soon there will be good situation again.
February 12, 2019, 02:19:10 AM
Given the above, the best tip I can give you is not to trade. Not trading is winning. Or if you want to trade so badly, trade on a demo account. Trade for a year or so, and if you find a successful strategy and if you have consistent profit, after that period of time go with a live account.
This last paragraph caught my attention. Advising not to trade at all is not the thing. Although, I understand you are perhaps giving out a warning.
Yes, building a strategy is the way to be a better trader with daily profit. A strategy that works builds one account rather than just blowing up your capital in a strategy that is not consistent.
Same here. It was all good until that last paragraph. It is still better to be knowledgeable to all things involving crypto whether it be mining, investing, or trading.
February 12, 2019, 01:28:02 AM
What i do is hold and hold until my coin get pump and until now bitcoin and other coins is slowly pumping up so it's better to hold up to earn a huge money also and not always lossing.
February 12, 2019, 12:40:51 AM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
The basics of daily trading is more important to learn how we can predict and how and when we can sell our investment and the day it will be enough for a trader to get his income everyday but the most important thing is experience if you don't have that you will not get successful 
February 12, 2019, 12:37:02 AM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
In this situation you should have clearly stop loss and take profit point and always follow it. Use small target for your strategy and ignore news because news can't make you think again not action. Day trading is difficult but it doesn't mean can't do, follow your strategy and stop when reach the target, repeat again next day.
February 11, 2019, 10:46:35 PM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
In this situation you should have clearly stop loss and take profit point and always follow it. Use small target for your strategy and ignore news because news can't make you think again not action. Day trading is difficult but it doesn't mean can't do, follow your strategy and stop when reach the target, repeat again next day.
February 11, 2019, 02:26:29 PM
I would like to make a small correction, we are no longer in a bear market, this phase is a side-ways market, until we make a lower low - this theory is still valid.
this type of market is a great platform for day traders, it's the worst for those long term guys, but for a day trader if you don' make enough profit in this market condition, then something is seriously wrong with your strategy.
the best strategy for these types of markets is trading the break-outs , the only time btc will make any good move is by a break out of support or resistance, this strategy helps in setting a good SL/TP ratio too.
something like this >
wait for a break-out , go long. set TP and SL .
it's not a rocket science, just learn how to sport trends and horizontal S and R , wait for a break out, SL is under/above trend , TP is the next S or R line.
this type of market is a great platform for day traders, it's the worst for those long term guys, but for a day trader if you don' make enough profit in this market condition, then something is seriously wrong with your strategy.
the best strategy for these types of markets is trading the break-outs , the only time btc will make any good move is by a break out of support or resistance, this strategy helps in setting a good SL/TP ratio too.
something like this >
wait for a break-out , go long. set TP and SL .
it's not a rocket science, just learn how to sport trends and horizontal S and R , wait for a break out, SL is under/above trend , TP is the next S or R line.
February 11, 2019, 01:54:28 PM
If you are an experience day traders you will understand that you did not need much volatility to make money from the market and as such now is the best time to make money from the day trading. However this depends on what you know and the skills you have developed.
February 11, 2019, 10:38:07 AM
As you mentioned you are a day trader and market conditions like this are tough times to be one, the market is not as volatile compared to before and it is really affecting people especially traders with small position who are depending on their daily trade for their income. If market conditions are tough just accept that becoming a day trader isn't the best option right now, why not just position yourself and try to look for other ways of earning as waiting for the bull market is out best option right now.
February 11, 2019, 10:32:13 AM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
keep analysing the market condition continuously because spending a lot more time with day trading will definitely helpful you to learn new things and new strategies so each and everyone has their own strategy will definitely helpful for them to be unique in getting profits.Well i think that's one thing. You'll have to spend more time in observing the market movement and with the current trend, you have to be ready in an instant to take advantage of a little slide or a little surge. I suggest going with lesser coins out of the top 10 since they seem to have more movements you can capitalize on.
February 11, 2019, 05:43:43 AM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
keep analysing the market condition continuously because spending a lot more time with day trading will definitely helpful you to learn new things and new strategies so each and everyone has their own strategy will definitely helpful for them to be unique in getting profits. 
February 11, 2019, 01:50:30 AM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
If you are in need of money everyday then it is important to keep rolling your money but there is no need to do that if you meant to be a trader,just assist the condition and move your funds based on that,when there is not much movement on the prices of cryptos then doing nothing on that day is better than doing trading for losses. 
February 10, 2019, 11:30:39 PM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
If me i'm not trade and take a rest. Because see bitcoin price and if i keep hold my capital, i think it's value on fiat is almost same even i get profit. That is why i already sell big percent from all amount of my money into fiat and maybe if price down again i start to buy BTC. 
February 10, 2019, 08:06:50 PM
In this condition of market that the price look side away, its better doing trading by take profit between 10%-20%, dont forget use stop loss 4%. After take profit, and then buy back at lower price, by doing that will be possible to make profit up to 40% amonth, and we can compound it to increase the profit.
February 10, 2019, 07:31:20 PM
I typically don't trade on the weekends as volume is usually pretty depressed during those times in my experience and some pretty wild price movements occasionally happen during the weekends, though not always. Crypto markets might be open essentially 24/7 excluding times for maintenance, but that doesn't mean you have to constantly be trading.
You can always take a break and come back to trading if you lose a significant sum of money as well. I do this quite often when emotions cloud my trading, and I usually come back with more control over my trading.
You can always take a break and come back to trading if you lose a significant sum of money as well. I do this quite often when emotions cloud my trading, and I usually come back with more control over my trading.
February 10, 2019, 06:48:26 PM
as a daily trader even though with a market like this we must continue our trade correctly, and we must be able to make our trading strategies as much as possible so that we can benefit, even if it is not of high value, and whether there are suggestions from traders big here to tip new traders, so they can continue to trade and be able to generate profits, even with market conditions that are difficult for us to predict like this?
Actually difficult to generate profits at this recent pump and.dump of crypto market. Yhe ideas using bitcoin for pump dump is an opportunity to get profits.
Jump to: