My first three days in day trading.

[dumplingsandsushi]

So a quick update, I placed a sell order before I went to sleep and woke up to find that the order was filled and the coin I was trading hiked up in price overnight then in the morning was starting to slow down.  There was TONS of activity, like double what I saw during the day so it started to make me wonder if the most active traders on Cryptopia are in Asia (because my time zone is Mountain Time Zone).

I can't speak for other exchanges, but on cryptopia I first look at the trade volume and see one that has had a sudden spike in trade activity.  Then I look at the percent increase in value, 30% - 50%, seemed like a good sign it is being pumped.  Next, I look at the trade history for when was the last upswing and if the current upswing is exponential or not.  The last thin I look at is the buy/sell list and how many coins are being sold for what price.  If all seems to be good I will buy then immediately list for a smaller profit.  A couple times I bought out all the lower priced coins if there were a couple listed at a low price that were selling only a couple coins.  I did have some coins that ended up being losses but overall it is still turning out as profit.

I'm really trying my best to stay patient and steady.  Even if I start getting more BTC to trade with, I am sticking to making small .01 to .02 purchases cause that is what seems to have worked the last couple days.

I hadn't considered that now alts are almost all rising quickly, so I am trying to monitor the market to see when this bull run slows down and try to adjust based on that.  When it starts to slow down, it looks like I won't be able to make multiple buy/sell orders throughout the day as easily.

[Red-Apple]

I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain.  I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains).  As I get comfortable with this I will probably try larger investments.

it is nice to see this method of trading is catching on.
this is what i have been using for a while too. and actually  the firs time i heard about it on this forum and i tried it out and it has worked so far for me.
however it is worth mentioning that this is a riskier strategy for trading but if you get the hang of it, you can make a much better profit than any other altcoin investment strategy that you have now.

i say you are on the right path and good job on starting small. you will be a lot more successful this way because with small amount you don't fear that much about losing and instead you learn a lot.

[Asimmo]

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped.  I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain.  I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains).  As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

We`d rather list trading selection criterias and tips..

[Rj Manik]

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped.  I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain.  I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains).  As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

It's good news.you start with trade  only 0.02 btc and now make 0.0338711 btc after 3 days.It's amazing.Moreover you are new cryptocurrency trader.It's very well.If you spend more times and try to learn about trade properly I hope,next days waiting for your better profits.Just try your best.

[kandholabhavna]

Although day trading is great but I would suggest that you learn technical analysis if you want to get into it. Else the best strategy is to buy and hold coins for long term. People who buy and hold for long term make more money unless you are a whale who is influencing the markets day trading.

[ZaynDale]

You are one of the good traders in the future. Thanks for your experience and share it to us and I consider this as more effective when dealing with small amount of Bitcoin. Although trading is like gambling but your profit would be close as for the winning.

[joshmontford]

dude this is nice! after 3 days to be almost 100% up? well done.

I didn't do much trading, i have other things i do, but it's good to see some people know how is it done

[geitrin]

Been thinking of day trading for a while now, also got an account in cryptopia for it and maybe giving it a go in the next couple of weeks. i guess i can't learn if don't try.

[bigdude]

Congrats, you're jumped in the right time when all market up.
That's normal as all market going up and nice start.

[MIV.matteo]

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped.  I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain.  I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains).  As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

There is nothing more satisfying than spending time doing your own research and then getting good profit back. It is not such a huge gain but it's a start and of course a good one. When i heard for the first time about cryptos it was 2 years ago from a dear friend. I spent more than 6 month looking at his move and studying the market. I also started whit a small amount of BTC and I've learnt many lessons: the best one is to take a position and go all the way in it

[ju34400]

more 60% in 3days, nice, but don't take too much trust because down are often more fast than increase
also don't keep all your budget in one only coin

[Jurski]

It is too risky and nerve-racking, might try it sometime tho

[cryptotitan]

well simple is perfect i do a lot of research too before i started trading coins but in my experience the more indicators you put in your mind the more problems you will face before trading,because in cryptocurrency trading funda is more imporatant other than any trading currency.

[jamirrah]

That's good for you. Ive try putting small amount and go trading how many times but always ended cutting losses and selling the alt I bought in lower price due to scare of having nothing left at end. I also make lots of research how to be successful trader but I cant still catch on it.

[strohhirn]

Cool. Congrats to you if can really stay rational and not greedy i guess you can make some good money.
I however did not that good experience with day trading.
I looked all day the prices up and thought about it. Sometimes I did good gains, but at some days to sell at the high and made loses.
I stopped it with with a slight minus.
Know I am just investing long term. It is much easier and less risky i think.

[linkybit]

In day trading correct timing and patience are most important. Like currently it is a good time to trade in Altcoins, as lose chances are less, for example investing in Eth at $280 is better than investing when it is about $400. Good luck

[Kr-sama]

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped.  I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain.  I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains).  As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

Congratulations. I have to say that you did good on your first 3 days of trading. Not all that tried trading is as fortunate as you. I think that's what they call beginners luck. Just keep what you are doing until you get comfortable and until you master the techniques in trading. Don't be greedy and stick to what you've been doing so far. Goodluck mate.  

[xvids]

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped.  I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain.  I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains).  As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

That's good for you. Trading is one good way of earning bitcoin. A lot of people are earning bitcoin through trading altcoins. It is profitable, you just need to find cheap coins with good potential. However, you should be careful because there's a lot of shitcoins that are not worth investing.

[akram143]

So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.

I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.

After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...

I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped.  I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain.  I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains).  As I get comfortable with this I will probably try larger investments.

I know I'm very amateurish but it feels good to get better at something yeah?

Anyone had similar experiences in day trading?

Amazing work bro i wish that you would continue to get more profits in future.
I still not start trading yet because i am new to crypto so i want to gain more knowledge before doing anything because if we have good knowledge on something it will help us to gain more profits.Soon i will start my trading and share my experience here.

[Iamlegit4sure]

It is too risky and nerve-racking, might try it sometime tho

no risk , no reward. that's the fun part lol