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Author Topic: with market conditions like this, are there any tips for continuing day trading?  (Read 355 times)
Denton
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March 27, 2019, 09:41:51 PM
 #41

Do not forget that trading is the most profitable way of earning. And the main advantage of this method is that you can earn in any market. Therefore, experienced traders always trade profitably.

adzino
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March 27, 2019, 09:53:39 PM
 #42

Since you are doing day trading, I don't think the current market condition will actually have a huge impact on your trading. Just continue to do so in the same way you were doing. Study the daily graph properly. Make sure you keep yourself updated with the exchange every now and then. Don' forget, the more you will be trading, the more you will understand the market situation and the easier it will be for you to trade.

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BUK2016
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March 27, 2019, 09:59:16 PM
 #43

The current market is some how stable and day traders will have to be patience since the profit/ loseay not be as the second what it use to be when the market fluctuation was very high. Although, if a trader have huge sum of money for day trading the turn over from day trading may be huge if everything move in your favor.
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March 27, 2019, 10:05:29 PM
 #44

I personally feel that this is the right time to earn from day trading. Just look at the growth trend. The growth difference is less. Hence set your profit threshold to minimum and trade between the price travels through. Get in and out for minimum 4 hours a day with minimum 10 ETH for an example. This 10 ETH would certainly bring about minimum $20 per day.

Well, investing about 10 ethereum for a day trade profit of $20 per day is some how to small in my opinion because there is a tendency that you may lose at the end of the day too. Although everyone has his or her own methods of trading that benefit him.
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March 27, 2019, 11:23:51 PM
 #45

Since you are doing day trading, I don't think the current market condition will actually have a huge impact on your trading. Just continue to do so in the same way you were doing. Study the daily graph properly. Make sure you keep yourself updated with the exchange every now and then. Don' forget, the more you will be trading, the more you will understand the market situation and the easier it will be for you to trade.
Yes.I really believe that the more experiences you have in trading,the more chances that you will be a good trader and make good profits as time goes by.As a day trader,you should be updated with the price charts 24/7 so that you will not end up trading with a loss.It's still better to make small gains continuously than to never make profits at all.

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March 28, 2019, 03:01:07 PM
 #46

Tips for continuing day trading?  Well in my opinion it's up to you actually and you really don't need any tips for it because to be honest in a simple technical analysis in the market you can easily get and idea and strategies about it wherein if it's really good to continue or not. so i suggest bro stop relying on others and sometimes make your own move to answer your all question it's very simple problem actually.
Most people that really rely on tips are quite lazy, they want to all go into trading and make money without properly having an idea about how the whole thing works, many don’t even make use of their technical and fundamental analysis, they strictly rely on tips and intuition.

I understand this very well because I have also in one way or the other practiced this laziness in the time past, especially during my forex experience, I saw the use of charts has been too difficult and waste of time but until I learnt my lesson after one of the wrong tip I got made me lose all my investment, it was at that point I learnt to make us of technical analysis personally.
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March 28, 2019, 04:34:34 PM
 #47

Since you are doing day trading, I don't think the current market condition will actually have a huge impact on your trading. Just continue to do so in the same way you were doing. Study the daily graph properly. Make sure you keep yourself updated with the exchange every now and then. Don' forget, the more you will be trading, the more you will understand the market situation and the easier it will be for you to trade.
Yes.I really believe that the more experiences you have in trading,the more chances that you will be a good trader and make good profits as time goes by.As a day trader,you should be updated with the price charts 24/7 so that you will not end up trading with a loss.It's still better to make small gains continuously than to never make profits at all.
Higher chances of success being a day traders is when you have enough time to review and analyze the market, even inside this bearish trend you'll be able to catch some good coins to trade as long as you have good background check with its current status, know your coins and follow them to ensure profits to follow you.

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March 28, 2019, 04:50:05 PM
 #48

Day trading is a very risky way of trading and highly profitable.  It is still very important for us to develop our skills and intelligence in how to day trade profitabily. I think that this bearish market it is the wise investors that do make good winning.
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March 28, 2019, 05:20:59 PM
 #49

Although today's market is changing at a certain price range, we should always be prepared for a new downward trend or a new upward trend. Especially in recent times, we see that many project teams and grocery services have organized so many events that they offer us new opportunities to trade daily. The activities organized by the market services, the innovations and works carried out by the project team definitely cause small increases. Therefore, we should follow the agenda on a daily basis and analyze the positive news thoroughly and evaluate it quickly.
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March 29, 2019, 07:36:28 PM
 #50

Higher chances of success being a day traders is when you have enough time to review and analyze the market, even inside this bearish trend you'll be able to catch some good coins to trade as long as you have good background check with its current status, know your coins and follow them to ensure profits to follow you.
That time is the issue, many of us who does other day job outside our home or find ourselves always on the field wishes that we trade virtually every day without missing a day out but time has always been a major barrier even despite the fact that we can still trade on our phones on the goal, the only chance some of us get is to open up the trade, set the trade and probably set stop loss and take profit but to open analysis tools up to monitor the trade has been almost impossible.

I wish there was software that could do the analysis for one and also trade crypto on one’s behalf but I think this is not completely possible for now.
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