Panchum
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Activity: 378
Merit: 55
Be Good to me!
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November 09, 2018, 03:14:12 PM |
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How are people learning how to day trade? What are you methods? Personally I've done the signal groups etc but found them very hit and miss. I'm not good enough to do my own TA (and can TA really help for day trading - no idea?). Only method I've found that I find works was taught here: https://discord.gg/nCmjwmQIt focuses on getting in and out of v.high volume coins as they naturally fluctuate. Cheers! I want to learn also in daytrading because l want to have an income in every trading to supply the daily needs of my kids.This is enough for me just to survive for a day. What's important for me l have profit for every trade for finances at home.
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oceantiger
Jr. Member
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Activity: 308
Merit: 8
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November 09, 2018, 03:15:05 PM |
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Trading is like an act and for you to succeed in it you must learn it. Learning how trade and also having a mentor will put you in a correct pedestrial to start your trading. Learning how to trade will make you have a lower loses and learn how to manage your fund. You will draw your trading plan and learn how to control your emotion while trading. You will also perfect your strategy.
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coinbirds
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November 10, 2018, 09:04:36 AM |
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I had a luck to have a good mentor who I could ask any question. The best way to learn trading is when you start with small funds and practice and get experienced. You have to find out which is your trading style which suits you. You can follow others but you have to be independent when decisions are made.
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TheUltraElite
Legendary
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Activity: 2996
Merit: 1317
So anyway, I applied as a merit source :)
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November 10, 2018, 09:49:53 AM |
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I want to learn also in daytrading because l want to have an income in every trading to supply the daily needs of my kids.This is enough for me just to survive for a day. What's important for me l have profit for every trade for finances at home. Seriously, if you need money to feed your family get a real job or if you are still young get a proper degree and then apply for a job. Trading is risky for those who are new to the market. So if you are willing to get into it, you should keep it as a side hobby first while focusing on your day job to get your daily bread. Try to learn about market indicators and watch the price charts and then begin trading. Dont take it as a get-rich-quick scheme because then you will obviously lose money. As you gain experience in these concepts you will be able to gradually make profit. Remember that you cannot become a millionaire overnight by trading for one day. It need years of experience and practice.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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anitaraymonds
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November 10, 2018, 10:11:37 AM |
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It is like a skill which you have to learn and grow confidential in it for you to be a successful trader. Trading is not easy and will spell doom for anyone to just start trading without proper guidance. When you learn and have a mentor you will do better than any person who just acquires a laptop and internet service and straight entered into the market.
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Gembul0705
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November 10, 2018, 01:34:31 PM |
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I get my experience by doing with my own analysis and sometime learning from group telegram that i joined and from internet because there are many resource we can found i. And i always make some notes from my trading. So we can learning with many ways
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Armstand
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November 10, 2018, 02:42:53 PM |
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I get my experience by doing with my own analysis and sometime learning from group telegram that i joined and from internet because there are many resource we can found i. And i always make some notes from my trading. So we can learning with many ways
It will depend on how we can easily get information and adopts the technique, when we heard it from others always double check and weigh the chances to earn.
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untugede
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November 10, 2018, 03:19:47 PM |
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without crypto experience, we will find it difficult to trade well, we must have friends or teachers who are proficient in trading, to learn how to trade our day requires a little longer process, because crypto trading is very difficult for us to predict, be patient and avoid panic which is very difficult for me to do in day trading.
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Stargazer
Sr. Member
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Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
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November 10, 2018, 05:46:39 PM |
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To make quick money day trading is really helpful but it is not so easy. There are too many ways to learn day trading such as social media, watching videos on youtube and also can follow to learn bitcointalk.org regularly. At the same time you can learn from your friends who are already established in day trading.
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TheUltraElite
Legendary
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Activity: 2996
Merit: 1317
So anyway, I applied as a merit source :)
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November 11, 2018, 09:37:40 AM |
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I get my experience by doing with my own analysis and sometime learning from group telegram that i joined and from internet because there are many resource we can found i. And i always make some notes from my trading. So we can learning with many ways
I would suggest you to stay away from telegram pump and dump groups. They are mostly done by people who are trying to move the market in one direction so they would move it in the opposite direction. They will tell you that a massive pump is coming for such a coin and persuade you to buy that coin while they will actually wait for this "fake signal" to pump when the owners of that channel will actually dump their coins. You will now be holding some shitload of a shitcoin. Stay away from those.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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tbterryboy
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November 14, 2018, 06:11:55 AM |
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How are people learning how to day trade? What are you methods? Personally I've done the signal groups etc but found them very hit and miss. I'm not good enough to do my own TA (and can TA really help for day trading - no idea?). Only method I've found that I find works was taught here: https://discord.gg/nCmjwmQIt focuses on getting in and out of v.high volume coins as they naturally fluctuate. Cheers! If you are not good at analysis then you may not be successful in the crypto trading for longer run so you should either learn it or better leave and joining on the bump and dump groups are just worthless sometime you are in need to pay for getting into those groups. Yes, anyone that wants to be a trader in cryptocurrency must learn the analysis. Some will say the market is unstable and they are afraid that they will lose money when they invest in it, but there are people who are able to get in and out of the market few hours a day and they are also making it despite the volatility. I heard a story of someone who didn’t even learn it and all he was doing at first was buy when it seems it’s going up and sell when it seems to go down and it worked quite alright for him till he got to be perfect.
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otundebis
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November 14, 2018, 06:57:57 AM |
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The trading abilities come with how much time you dedicate to it and your experience that bring about the best personal method of trading. The profit or loss you make is proportional to you knowledge, skill and experience in cryptocurrency market!
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TheUltraElite
Legendary
Offline
Activity: 2996
Merit: 1317
So anyway, I applied as a merit source :)
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November 14, 2018, 08:49:24 AM |
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Yes, anyone that wants to be a trader in cryptocurrency must learn the analysis. If you are only going to play the long term hodl you wont need much of an analysis for bitcoin. Because we all know that bitcoin will rise in future since the deflationary condition of the currency makes it scare as the population demand keeps on growing. Some will say the market is unstable and they are afraid that they will lose money when they invest in it, but there are people who are able to get in and out of the market few hours a day and they are also making it despite the volatility. I heard a story of someone who didn’t even learn it and all he was doing at first was buy when it seems it’s going up and sell when it seems to go down and it worked quite alright for him till he got to be perfect.
Those are just stories mate. Rumors made to insinuate you to join some whale pool. Dont worry they are just going to make you pump their shitcoin when they will sell it. Also dont fall for loan sharks giving out info for margin trading. Actually those who manage to make profit from short term flux are those who were holding the coins for sometime and they sold at the pump. The rest who come running after that are now in loss because its a shitcoin now and wont go up immediately.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Capt00
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November 14, 2018, 09:16:01 AM |
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Yes, anyone that wants to be a trader in cryptocurrency must learn the analysis. If you are only going to play the long term hodl you wont need much of an analysis for bitcoin. Because we all know that bitcoin will rise in future since the deflationary condition of the currency makes it scare as the population demand keeps on growing. ....snip. Yes, you are right, because trading is not just an easy way to get involved and do easy trading and without lose just like playing your money on the trading exchange. Having more harder analysis and deep research in trading and remember don't rely on the group that broadcasting a pump and dump activity, sometimes the have delayed information than the actual trading. The safest way is holding your asset or Bitcoin, less risk and we know that Bitcoin price will grow up after years.
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steve57
Newbie
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Activity: 56
Merit: 0
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November 14, 2018, 02:20:26 PM |
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trading is not easy , in that day trading is not easy at all it takes lot of factors and new things to be considered if you are new you should gain a lot of experience by doing trading losses will teach you a lot , dont do any course all are fake , if you want to learn day trading then self learning only works
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Prompyboo
Sr. Member
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Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
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November 14, 2018, 03:07:58 PM |
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I would recommend to find a professional teacher who will help you learn how to make day trading / correctly determine the levels. Technical analysis definitely works on cryptocurrency. Try and achieve results
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Malamok101
Full Member
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Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
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November 14, 2018, 03:32:58 PM |
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I always learn in trading must hold some coins that gettinh for a big dump to recover how much funds loss from you but i accept that and taking a break this time to avoid lossing more money.
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Mr.trader
Newbie
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Activity: 56
Merit: 0
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November 14, 2018, 05:04:00 PM |
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There is always a lesson for every mistake we make, we should not make this mistakes again and follow rules for making money many trades will first fail and then learn from mistakes and they improve
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xIIImaL
Legendary
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Activity: 1372
Merit: 1005
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November 14, 2018, 05:20:31 PM |
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I always learn in trading must hold some coins that gettinh for a big dump to recover how much funds loss from you but i accept that and taking a break this time to avoid lossing more money.
Day trading is not a simple technique so we learn more about short term and mid term trading in crypto it will be good to improve the day trading skills. But your suggestion is totally matching from long term investment so I recommend buy Bitcoin in this bearish market. Because total market is suddenly moving to backward so we should buy more BTC in this dip.
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geopolisch
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November 14, 2018, 05:38:42 PM |
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The trading abilities come with how much time you dedicate to it and your experience that bring about the best personal method of trading. The profit or loss you make is proportional to you knowledge, skill and experience in cryptocurrency market!
That is for sure one thing that I know that when it comes to trading, it takes you zeal and your hunger to learn, to get better quickly over time. However, it is always very imperative to take learning seriously and not rush it at any point in time. Today, people want to rush learning and practicing all in the name of wanting to start getting rich pretty fast and as a result of that, they just end up screwing everything up and saying the market is being manipulated or they have learned but everything just seems to be the same. Having a strategy is all that it takes and most especially you want to know how to take out emotions and stick with executing your strategy when it comes to day trading, and that is one strategy you sure must have built on and gain confidence on with practice, before even trading the real world.
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