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Author Topic: how to be a day trader?  (Read 1952 times)
sevendust777
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June 13, 2017, 10:39:42 PM
 #41

I do day trade coins with high volume, you also need big amount to see your profit. Buy coins that are trending. Sample of day trading is i buy   1 sat sell 5 sats, or set buy order to @10 sats then set sell @15 sats.  Choose coins with small value with high volume where as they will give you more profit. 

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StreakW
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October 14, 2017, 11:16:42 AM
 #42

i still newbie for trading
for me buy low sell high Grin Grin... only like that

nasipadang
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October 14, 2017, 11:33:28 AM
 #43

From my experience for daily trading I only target 3-5% profit, before you buy coin you need to know the normal price of the coin, that is my main point if want to buy or sell altcoin,

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TigerWoodRT
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October 14, 2017, 05:40:12 PM
 #44

I do day trade coins with high volume, you also need big amount to see your profit. Buy coins that are trending. Sample of day trading is i buy   1 sat sell 5 sats, or set buy order to @10 sats then set sell @15 sats.  Choose coins with small value with high volume where as they will give you more profit. 
the main rule of the trader should never work for fatigue, then it's hard to work, and there can be mistakes. The trader must always remain in full force and energy to work. Like all working people, it is better to plan the work plan on which it will work)

AngelSky
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October 14, 2017, 06:26:06 PM
 #45

From my experience for daily trading I only target 3-5% profit, before you buy coin you need to know the normal price of the coin, that is my main point if want to buy or sell altcoin,

Ya true. Unless you know the basic price of bitcoin, you can't judge. How much, if you brought for particular price. If the price of bitcoin increased means,you should brought at the current price of bitcoin. You keep some margin to brought the bitcoin. For example, if the price of bitcoin is 5700$ means,you should not buy more than 5500$ to avoid the loss.
rebel92
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October 14, 2017, 07:35:15 PM
 #46

i still newbie for trading
for me buy low sell high Grin Grin... only like that


Research. Start low, learn. Do not put more money than you can loose. Always recover your investment before you put more money in. Play it smart and learn. It takes time. No one becomes a millionair over night. This is my rules !
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October 14, 2017, 08:38:20 PM
 #47

I'm not an expert on trading or day trading or whatever, though from what I know There are couple of basic rules for being a day trader:

- Do the homework

You are always supposed to gather all the information before the day starts you should be well aware of all the news concerning any assets that's you want to buy. You are to get all the cryptocurrencies and than sell, while it's 4 o'clock in the evening. And you should know when and why the market is going

- Keep your hand on check

You have to stay aware of situation at any time to close the deal at the right time before it gets too late. Things can go wrong at any time, so stay tuned and be on great watch

- Be happy with what you have rather than with what you can get

Always close the good deal at the end of the day. Don't hold expecting it to grow or increase you have to get out before the exchange closes.

I hope that will give you a hint and you'll be a far better day trader in future

RayDali0
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October 14, 2017, 11:30:07 PM
 #48

To be a goods trader:
Just do it;
Learn TA Technical Analysis;
Do within your limit

I am still learning Smiley
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October 15, 2017, 12:58:51 AM
 #49

First you have to spare your time. Because day trader must always standby on their investment. Once you skip it, then you're already lost you oppourtunity and chance to deal with the best price.
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October 15, 2017, 01:18:48 AM
 #50

Maybe I'm only a year old studying and active in bitcoin and altcoin trading, but if we do with careful analysis it can make a profit every day, and now I think the right time to do trading activity because of turnover and price changes in market so fast, even With ability and minimal knowledge sometimes I can make a profit even with a small nominal but in my opinion if done consistently every day will certainly get a good profit in the future.

That is true, and we need to research and see how the chart is going, because if you are too quickly on making decision it can bite you, and keep in check of the chart every at least 30min

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October 15, 2017, 01:19:57 AM
 #51

hello guys i'm pretty free nowadays got nothing to do so thought to give day trading a try i'm hodling coins for long term too but now i want to learn how to do day trading with a small amount since i don't know much about chart reading & TA so kindly leave some useful articles / links & advices below like when to buy & when to sell & how much profit ( % ) is enough.

Thanks

Don’t just depend on any speculation if you want to become a trader, learn to read charts and used different indicators. You have to think twice for this because trading is not that easy you will surely incur losses and you must be ready for that.
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