Tips and tricks for day trading

[Bhig Daddy]

As a newbie I wouldn't even advise you to go into daily trading, it takes alot of experience, research and dedication. For now it  will just seems as a waste of funds to you and you might even get discourage in crypto currency as a whole. So for now just go into weekly trading or even preferably monthly trading. This link below will guide you;

https://www.youtube.com/watch?v=Df-eKNJDkRo

[rojan]

Counter - strategy you mean martingale ? Or what precisely you trying to talk on . However, being hunt by stoploss is every trader's experience   depending on if the trader likes the feeling or not and that will increase the level of hardwork and better trading next time not to allow liquidity run out.

The counter strategy is to liquidate all those stop losses when you drop the price and then accumulate from there. So, let's assume you have seen plenty of orders at around 40k, there is a big big wall there, you could use this to your advantage, get a lot of it until there, and then you could put your back against that 40k wall and then go higher.

Instead of going from let's say 45k to 50k, it is easier for the smart people to do 40k first then to 50k in that situation. This is of course to liquidate the stop losses and make a bigger profit. That is the counter-strategy people use, it is also used in leverage trading to liquidate other sides positions and take it from them.

What I noticed from this is that if a trader here uses a strategy against stop loss and counter marriage day in their business then it will be seen that they will have various problems to make the business small and huge loss then in case of vault here  I think you will get a good amount of opportunities

[Ziskinberg]

As a newbie I wouldn't even advise you to go into daily trading, it takes alot of experience, research and dedication.

If you want t to learn more about trading, you'd simply do it more on actual trading. Being the market every day, making analysis, the more you boosted your mind and kept track of the trend. I do encourage traders to trade every day if they have enough time and if they are aiming to become full-time traders.

For now it  will just seems as a waste of funds to you and you might even get discourage in crypto currency as a whole. So for now just go into weekly trading or even preferably monthly trading.

This is not a mindset for a trader, every single day is going precious and we don't just spend the whole day without doing anything. For me, I'd rather spend my time trading and make a profit.