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Author Topic: How to learn cryptocurrency day trading!  (Read 1784 times)
BlueStackz
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October 06, 2018, 06:27:58 AM
 #141

I think to be able to learn daily trading you should be able to try to read the article and the easiest one at this time might be that you could learn it in the media such as YouTube so that the information you get can be clear and you can understand it directly.

No one article will help you until you try it yourself. Only the experience can be your best teacher here. When you deal with the day trading, you will understand if it is yours.
It’s very simple for all users who want to learn trading it's understandable and the right method to get enough profit in few days beside it it’s very important for a trader to be aware about the market price and exchange method as soon as the prices start increasing you should sell your coin to get profit, do not wait for checking prices after weeks and months because the price may increase tomorrow and you can take more profit without waiting too much for trading.
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October 10, 2018, 10:07:16 AM
 #142

There is a lot of low-quality information on the Internet and if you plan to study the crypto-currency market yourself, you need to be very selective. It will be much easier if you are trained by more experienced traders.
Information is information. There is nothing called good or bad quality unless you have some yardstick of measuring them as good or bad. I believe you are talking about the FUD that is made in the market. Its a part of the market itself. Without FUD there would be no panic sellers who help trading who are waiting to get in at the proper time.

If you have the opportunity to be trained by more experienced traders, then do it. In most cases, this is much more effective than self-study.
Thats seems absurd. If someone was more trained they would use their knowledge to gain profits and not let it go to waste. Considering the person has time to use them that is. I would say self-study is better but you need to compare and contrast yourself with other traders to get an edge

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gurang
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October 10, 2018, 12:25:28 PM
 #143

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.
if you don't know if what you do, or you don't know how you handle it you must consult in the other trader or in the expert to teach you if what you can do. or search some idea in the google but don't focus on that because not all are true
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October 10, 2018, 12:43:29 PM
 #144

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.
if you don't know if what you do, or you don't know how you handle it you must consult in the other trader or in the expert to teach you if what you can do. or search some idea in the google but don't focus on that because not all are true
For me, understanding of trading is the most important thing to understand from the start. Many traders seek various information on the internet and try to implement various strategies and their results fail. Even though simply trading only requires that we sell coins that we have far more expensive than when we bought them. This is an easy process and usually a Trading is impatient in making decisions. One way is to continue to see the coin price movements that we have and I am sure we will be able to reach profit margins, even though not too much, it is enough because we do day trading which is not too long waiting for the movements and changes in the existing market.
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October 10, 2018, 09:08:35 PM
 #145

You should be up on youtube learn how to trade by day, there are quite a lot of people sharing is very useful, may be able to help you somewhat, because I also learn from the community sharing experience on youtube, I hit The price is great. And we should learn more from them.
joromz1226
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October 10, 2018, 11:00:11 PM
 #146

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Do you think day trade can be easily for the individuals to understand it? Day trade is hard to understand, there are lot of things which are need to be consider first before we get into the point that we understand what inside the exchange platform happening. Aside from we need to understand the graph, chart, the character of being traders also must know what is need to be have. For sure, even majority of the old traders until now they didn't completely understand it yet how to apply day trade correctly.
escalante28
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October 10, 2018, 11:24:53 PM
 #147

I see lot of tutorial in youtube mate but if you're really interested you have to buys books or online tutorial. But for me the best way to learn reading graphs or candle stick is by experienced. Try to play in iq option because they offer an unlimited practice funds in any type of trading practices in real time. If you want to practice in exchange market try to use those cheap token like Ocn in kucoin, there is good to practice too because the price movement there is fast.
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October 10, 2018, 11:40:02 PM
 #148

I think most traders started out as day trader out of curiosity. I started out as a day trader at Poloniex. The first one that I bought was ETH, the price was moving fast that day so buy a few ETH and after 2 or 3 hours I Sell and gained profits. I as lucky at that trade because I earned I think 6% in just a few hours but after that I bought XBC, I thought I bought it at a good price but after a few minutes and hours passed by, price continue to decline, I sold at loss because of panic but if I hold on to it a little bit longer, I cound have gained another 5% profit.
crypteris
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October 16, 2018, 01:38:22 PM
 #149

OP, I would advice you to hold only Bitcoin and keep buying the dip. Day trading will only cause you to lose your coins. Plus you should understand that Bitcoin is hard money that appreciates in value against fiat over the long term. What you should do is find a stable job, and find extra work, and save everything in Bitcoin.

Well, it's possible. But also you can combine holding and simple trading. Actually, that's what I do. I have some coins which I keep on my wallet and trade from time to time at CEX (https://cex.io/). Why this particular exchange? – just because it's practical and simple. It supports fiats and you can buy coins there with cards.
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October 16, 2018, 02:00:17 PM
 #150

You should be up on youtube learn how to trade by day, there are quite a lot of people sharing is very useful, may be able to help you somewhat, because I also learn from the community sharing experience on youtube, I hit The price is great. And we should learn more from them.
In my opinion, youtube is quite ok in learning and cultivating knowledge, there are quite a lot of people learning from youtube and they do not lose money to study other courses, where youtube is a share place. of the community with a lot of useful knowledge.

boyz97
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October 16, 2018, 02:17:09 PM
 #151

You should be up on youtube learn how to trade by day, there are quite a lot of people sharing is very useful, may be able to help you somewhat, because I also learn from the community sharing experience on youtube, I hit The price is great. And we should learn more from them.
In my opinion, youtube is quite ok in learning and cultivating knowledge, there are quite a lot of people learning from youtube and they do not lose money to study other courses, where youtube is a share place. of the community with a lot of useful knowledge.
learning from video make us easily understand the content.and we could find it freely in any youtube trading channel.much of them was free.

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kenel
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October 16, 2018, 07:31:51 PM
 #152

on YouTube you can find a lot of interesting materials, believe me, it will learn the basics of trading. but in General, I advise you to trade a small Deposit
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October 16, 2018, 09:33:50 PM
 #153

Only experience will teach you day trading, as well as trader habits. You must work out your own strategy, and know how much you want to make profit on a deal and how much you are ready to lose. If you sell or buy with every movement, you will lose your money. You can check my post about "   
Mistakes that incur financial losses and their solutions"

https://bitcointalk.org/index.php?topic=5045407.msg46602205#msg46602205
mornabo
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October 17, 2018, 12:47:34 AM
 #154

I think to be able to learn daily trading you should be able to try to read the article and the easiest one at this time might be that you could learn it in the media such as YouTube so that the information you get can be clear and you can understand it directly.

No one article will help you until you try it yourself. Only the experience can be your best teacher here. When you deal with the day trading, you will understand if it is yours.
Experience teaches you what you don't understand in learning through theory, experience provides many things so that you understand more about market conditions and how to overcome a problem, you are right do not to read too much and study too long, just try and practice it will give more knowledge to you
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October 17, 2018, 06:35:31 AM
 #155

Bitcoinwisdom.com if we keep observing this website daily and learn technical analysis from youtube then we can observe daily patterns
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October 17, 2018, 08:12:19 AM
 #156

Theory is differ than the actual studying. You will never learn fast if you didn't see it in the actual, therefore you must always be in the actual trade compare in learning in theory which most of the time you just use your imagination of how does it looks like. Actually, even you see it in your two eyes while you are already in the platform of trading you will never get it at once, because you don't what's happening only the the numbers and the graph you will see in the monitor. But if you do it most often, you will realize in the end that you do understand little by little.
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October 17, 2018, 03:45:45 PM
 #157

Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Try to watch the coin movement in 15 minutes, 30 minutes, and one hour and take a look at how the movements. That range of price is useful to determine to the movements. But you still learning to detect the coin moves and sometimes we are difficult to predict. It's not easy to do that, and it's normal because you will need more practice so you can know where the coin wants to move. Try with the cheap coin but have medium movement until you can find a way to enter the market.

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October 17, 2018, 05:57:27 PM
 #158

Theory is differ than the actual studying. You will never learn fast if you didn't see it in the actual, therefore you must always be in the actual trade compare in learning in theory which most of the time you just use your imagination of how does it looks like. Actually, even you see it in your two eyes while you are already in the platform of trading you will never get it at once, because you don't what's happening only the the numbers and the graph you will see in the monitor. But if you do it most often, you will realize in the end that you do understand little by little.
It's a trial and error until we get to understand it, but at least must have knowledge on coins uses and details to know if those coin can be profitable and if have upcoming plans that can hype it for that day or more.

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October 17, 2018, 06:12:18 PM
 #159

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October 17, 2018, 07:25:24 PM
 #160

I think tutorials or books won't help you much. There, of course, you will find a lot of information that will be useful but basically this is a theory. You need a clear example and practice. You will understand, if you see how others do it. At least it would helped me. And everything will come to you with experience.
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