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Topic: your strategies for day trading.. (Read 365 times)

newbie
Activity: 140
Merit: 0
February 10, 2018, 10:38:25 AM
#43
Day trading is very risky for newbies.... I will advice to hodl and learn alot about it before starting
legendary
Activity: 1652
Merit: 1088
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February 10, 2018, 10:04:52 AM
#42
My strategy is not to be greedy. When I already profits, I do my exit plan. Just take profits and buy again on dips. Every trader should know that, specially when you doing day trading. My target profits is around 10% to 20%, and after that I can exit, and re entry to other coin again.


Spot on. Nobody can time the exact high, so when you are in profit and hit your target, cash in.
member
Activity: 406
Merit: 11
February 10, 2018, 08:01:24 AM
#41
Hi everybody,
Day trading with crypto became very popular, full or part time I bet many people are trying to succeed in it, therefore I m posting this, to ask to experience people if they wanna share some of their knowledge/strategies with all of us.

I d start with one good advice " do not entry in a trade with coins that are having a peek".

Day trading is a good business plan if you know how to manage minimum profit and maximum loss for daily. You can take a profit and stop loss with maker in market crypto.
member
Activity: 296
Merit: 13
February 10, 2018, 07:53:50 AM
#40
Day Trading is profitable if you have good a knowledge of the market flow. Search and ask google for additional information. Each coin has its high and low, so it is helpful to study and learn strategies such as when to buy,  hold and sell to obtain good profit margin.  Most importantly,  monitor and keep tract 24/7.
member
Activity: 179
Merit: 16
February 10, 2018, 07:20:44 AM
#39
Pick a good high volume/low cap combo. Set your targets and stick to them, you only lose when you sell.
newbie
Activity: 140
Merit: 0
February 10, 2018, 07:18:56 AM
#38
I think the most important thing is patience, as when buying and when selling. If to rush the can be on trouble of running into each other
sr. member
Activity: 644
Merit: 261
February 10, 2018, 03:17:07 AM
#37
Hi everybody,
Day trading with crypto became very popular, full or part time I bet many people are trying to succeed in it, therefore I m posting this, to ask to experience people if they wanna share some of their knowledge/strategies with all of us.

I d start with one good advice " do not entry in a trade with coins that are having a peek".

That's right. Do not chase a coin because you will just end up being dumped on by those who bought previously. If you see a coin that has been increasing for some time already then think for a while if it's worth it to buy now because there may be a buyer exhaustion and there will be signs of reversal later on. If you want to day trade then choose a coin that you are familiar with. Coins have different behavioral patterns so if you are already familiar with a coin through its history then you will be able to speculate when is the right time to buy or sell.

My strategy is just to focus on one coin and then be familiar of its movement in a particular day or week. I buy when it is near a support and then add a certain percentage for the selling price. Usually the selling price is hit because I only target a small percentage of profit. I like that more compared to one time big time trades because in this strategy I get to learn more. I only buy in portions and if it goes down then I would average down.
newbie
Activity: 12
Merit: 0
February 10, 2018, 02:48:50 AM
#36
Hi everybody,
Day trading with crypto became very popular, full or part time I bet many people are trying to succeed in it, therefore I m posting this, to ask to experience people if they wanna share some of their knowledge/strategies with all of us.

I d start with one good advice " do not entry in a trade with coins that are having a peek".

My best strategy to day trading is to turn off the computer monitor and walk away.  If you think you will win, you will lose.  Unfortunately I learned that the hard way with a great deal of hard work and stress.
sr. member
Activity: 790
Merit: 261
February 10, 2018, 02:34:47 AM
#35
I can give you some few basics tips on how to do day trading.
1. Look for a trend coin in that day/week with high volume and look for chart.
2. Study reading chart on youtube watch on what are the signs on every chart movements.
3. Look for Buy and Sell wall if there's a resistance.
4. Don't be greedy if you think that is the right time to sell and buy for another wave go for it.
5. Research for a coin that has a incoming news within a 1 - 2 weeks.

Thanks for your piece of advice and I do some research about the developers of ICO of it is promising then invest in ICO to trade it once it hits market.
sr. member
Activity: 958
Merit: 265
February 10, 2018, 02:04:08 AM
#34
I can give you some few basics tips on how to do day trading.
1. Look for a trend coin in that day/week with high volume and look for chart.
2. Study reading chart on youtube watch on what are the signs on every chart movements.
3. Look for Buy and Sell wall if there's a resistance.
4. Don't be greedy if you think that is the right time to sell and buy for another wave go for it.
5. Research for a coin that has a incoming news within a 1 - 2 weeks.
full member
Activity: 588
Merit: 100
February 09, 2018, 03:40:03 AM
#33
My strategy is firstly i choice some coin that has good fundamental like ETH, DASH, WAVES, NEO, OMG, XLM and more, And when some these coin in the bottom and long consolidation i will buy it and then wait a few more day for up trend. Just patient wait for bullish trend so you will get profit later. So the important thing is always patient to get better price when buy any coin and also patient wait for bullish trend.
full member
Activity: 616
Merit: 100
https://exip.live/
February 09, 2018, 03:15:48 AM
#32
I havebeen try day trading but because i dont have enough time to handle it i moved to long term trading. So in day trading you have to focus and spend more times for it because we should be doing buy and sell many times, and also should use cut loss strategy when the market down. The strategies of day trading is easy just follow the trend and take profit maksimum by 30% and use cut loss strategy by 15%.
member
Activity: 168
Merit: 10
February 09, 2018, 02:48:55 AM
#31
Hi everybody,
Day trading with crypto became very popular, full or part time I bet many people are trying to succeed in it, therefore I m posting this, to ask to experience people if they wanna share some of their knowledge/strategies with all of us.

I d start with one good advice " do not entry in a trade with coins that are having a peek".
Today the prices of bitcoin and coin are also slightly volatile, but fluctuations are not large. This is the opportunity for us to trade, surf the short-term, for those who have experience for the peaceful days, when the market is less volatile like this they can still profit from the trade Short-term trading. If you have enough knowledge and skills then I am sure you will do well.
sr. member
Activity: 826
Merit: 252
February 09, 2018, 02:13:06 AM
#30
Hi everybody,
Day trading with crypto became very popular, full or part time I bet many people are trying to succeed in it, therefore I m posting this, to ask to experience people if they wanna share some of their knowledge/strategies with all of us.

I d start with one good advice " do not entry in a trade with coins that are having a peek".


I start trading not from asking but learn by doing, meaning use real money direct into real market. My first trade I lost every penny I got and never come back for a year. But after use day trade strategy and keep practice my fund is turning back again and make me happy. One thing I want to share with you is " trust no one ". Believe in you and keep practice, good luck for you.
member
Activity: 204
Merit: 10
February 08, 2018, 11:42:38 PM
#29
My strategies for day trading is don't make day trading)) Crypto currency is too volatile during the day, so day trading destroys the nerves.
member
Activity: 168
Merit: 10
February 08, 2018, 11:24:36 PM
#28
Hi everybody,
Day trading with crypto became very popular, full or part time I bet many people are trying to succeed in it, therefore I m posting this, to ask to experience people if they wanna share some of their knowledge/strategies with all of us.

I d start with one good advice " do not entry in a trade with coins that are having a peek".
When I trade, I always give myself specific strategies and plans before engaging in any projects. I always look up the whitepaper of the projects, then plan and make commercial decisions at the right time. If you want to participate in a project, look carefully at the information that is relevant to it and summarize it. You will minimize the risk and maximize profits.
sr. member
Activity: 882
Merit: 251
February 08, 2018, 11:16:00 PM
#27
I prefer to list my strategies rather than writing longish. I think this helps better to people.
1-Search the coins well before you trade.Does not matter which coins you trade.
2-Do not rush buying or selling.
3-Do not be greedy. If you reach your target, sell your coins because in this sector the volatility is high so your coin can change direction in a negative way.
4- This is not a day trade offer but, i think in this sector you have to buy a coin in the dip and hold long term to make good profits.

I try to guide with my knowledge but lets see the comments of experienced people  Cool

I would also add here one thing: get up very early to make your day longer and more efficient. Just 1-2 hours in the morning added to the time you spend for trading can increase your profit.
member
Activity: 224
Merit: 11
February 08, 2018, 04:06:33 AM
#26
My strategy is not to be greedy. When I already profits, I do my exit plan. Just take profits and buy again on dips. Every trader should know that, specially when you doing day trading. My target profits is around 10% to 20%, and after that I can exit, and re entry to other coin again.
sr. member
Activity: 546
Merit: 253
February 08, 2018, 03:44:57 AM
#25
I do not trade now because the market is dropping. I just choose some good coins and hold for long term. BTC, ETH, SXUT, INS and TIO are my coins.
member
Activity: 294
Merit: 10
February 08, 2018, 02:58:51 AM
#24
My strategies is very simple, at first i analysis coin market then I’m select some coin price and I’m follow those coin for a one week, after one week later which coin is very pump and dump then I’m just buy those coin and start trading only those coin which is very pump and very dump because only those coin make a some profit that is very first growing.
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