your strategies for day trading..

[yohaneshs]

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.

[alyssa85]

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.

[tayecrypto]

Day trading is very risky for newbies.... I will advice to hodl and learn alot about it before starting