What's your trading day?

[kidis]

hey guys,
really interested in how full-time crypto traders work.

some questions
1) What sites do you visit?
2) How much time do you spend on trading?
3) What websites help you build your strategy?
4) What instruments do you lack for a more precise analysis?
5) What is the biggest problem in trading for you?
6) What price trackers do you use?
7) if you have time, please describe your typical trading day

Thank you for participating!  

1. I use Binance for the most part. Sometimes bittrex for altcoin trading.
2. Depends on what time of the month it is. Usually I don't go about spending or using $1000 of my bankroll but when the whole market is active, it can exceed more than that.
3. Tradingview
4. I'm not sure what exactly, but my trading exploits somewhat proved to be profitable already.
5. Time constraints against the whole world.
6. I don't really use one exclusively.
7. Just another day in front of my PC, trying to make money just like the rest of my co-traders.

Thanks a bunch!
some more questions:
1) could you specify the price trackers you use?
2) do you use any social media?

[kidis]

I only use 2 exchanges in trading, namely binance and indodax. Actually I have not been proficient in trading, I do not dare to invest too much money, because I realize I am not smart. At the beginning I wanted to buy a coin, I saw the volume of the coin first. Then I bought a price below the market, I divided it into several pairs of prices.

Thanks for sharing!
Do you read any news or use social media to get more insights before starting to trade?

[kidis]

hey guys,
really interested in how full-time crypto traders work.

some questions
1) What sites do you visit?
2) How much time do you spend on trading?
3) What websites help you build your strategy?
4) What instruments do you lack for a more precise analysis?
5) What is the biggest problem in trading for you?
6) What price trackers do you use?
7) if you have time, please describe your typical trading day

Thank you for participating!  

1) What sites do you visit?

    - I used Kucoin, Idax, Coinbene, Houbi, Bitrabbit and Okex



2) How much time do you spend on trading?

    - I spent 4 to 6 hours a day

3) What websites help you build your strategy?

    - I think that website was Kucoin

4) What instruments do you lack for a more precise analysis?

    - I don't any of it just all what I did was simple buy low and sell high

5) What is the biggest problem in trading for you?

    - So far I know what I'm doing in trading, meaning I am prepared for the
      consequences.
6) What price trackers do you use?
 
    - Nope I'm not using any price trackers

7) if you have time, please describe your typical trading day

   - Every morning when I wake up I turn on my pc then checking my coins in the exchange on which
     I set them to sell if it sold or not.

Thank you so much.
So you keep track of the prices on a particular exchange?

[kidis]

hey guys,
really interested in how full-time crypto traders work.

some questions
1) What sites do you visit?
2) How much time do you spend on trading?
3) What websites help you build your strategy?
4) What instruments do you lack for a more precise analysis?
5) What is the biggest problem in trading for you?
6) What price trackers do you use?
7) if you have time, please describe your typical trading day

Thank you for participating!  

1. I visit Binance, Bittrex, Poloniex, Kucoin, HitBTC, and some other exchanges site.
2. I am trading in a different time in a day, and if it is necessary, I can trade in more than 2 hours because I can see an opportunity at the market so I can make more profit.
3. Only coinmarketcap to check and then I will always visit the exchanges directly so I can know what is happening in the market.
4. I don't use too many analysis. I only try to buy low and sell high like the others. But I always check on the market before I traded.
5. The biggest problem in trading for me is when the dumping price happens because sometimes, I am not in front of my computer, so I miss the chance to sell at a high price.
6. Price trackers? If you mean TabTraders, then yes, I use that app to help me to determine the buy and sell price.
7. I don't trade in daily because I don't know if I can spend my time to trade, but I still try to trade in weekly.

Thanks a lot, your answers made it clear!
5. Would you be interested in alerts then? A feature that will notify you if a price for a specific coin goes up and down?
6. yeah I mean price trackers like cmc, coin360 or sth
7. One more question: do you make living by trading? or you have a job?

[kidis]

hey guys,
really interested in how full-time crypto traders work.

some questions
1) What sites do you visit?

Binance and other local trading platform.

2) How much time do you spend on trading?

I think I can spend max 4 hours on my trading activities.

3) What websites help you build your strategy?

A lot, but I mostly used tradingview and see what other analyst are saying.

6) What price trackers do you use?

https://cryptowat.ch/

7) if you have time, please describe your typical trading day

Thank you for participating!  

Nothing unusual though, I'll go and trade in the morning with coffee, read the news around login put some trades, go on my offline business, sit on the table again watch the trend read more news continue trading (if time permits).

Great! thank you so much, no further questions

[kidis]

This is very helpful, thanks!
Could you please describe your trading day?

I'm kind of a researcher and I want to start trading in the future. I want to know what to expect from trading and how to get ready for it.

As a researcher like you have mentioned, you can have an insight of what can you expect from trading with lots of various guides, advice, recommendations etc. on the internet. Lots of resources already available out there if the purpose is only about preparations of doing trades.

About self-experience, I don't really understand what you meant behind "what's our trading day". Do you mean the literal time of the day? No, it's not how trades work. You will deal with the volatility here so anytime will do. Even for let's say you want to trade in the morning, if the price movement is not yet favored according to your own criteria then that's it. You will still come again, later on, to check unless you are on HODL status (hold)..

If you pointing about day trades, then you will likely have to watch closely your trades regularly as you need to execute your strategy on a shorter timeframe.

I conducted research and there were some questions left, so I asked you guys, coz I know BT community would help.

Yeah I meant the typical day of a trader. Like you wake up, check up your assets right in your bed, make coffee, go to work, do some trades there etc

[kidis]

1) What sites do you visit?
2) How much time do you spend on trading?
3) What websites help you build your strategy?
4) What instruments do you lack for a more precise analysis?
5) What is the biggest problem in trading for you?
6) What price trackers do you use?
7) if you have time, please describe your typical trading day

1) bitcointalk, cryptowat.ch, tradingview, twitter.
2) accounting for charting and dealing with recordkeeping/taxes, i'd say ~10 hours a week.
3) too much to list here. a good place to start is babypips.
4) i'm not sure what you mean.
5) controlling emotions. occasionally fomo'ing.
6) cryptowat.ch, tradingview.
7) check the charts, adjust stops, wait. it's good to have other things to do so i'm not hyper focusing on the chart. a watched pot never boils!

Thanks for your response!

As for instruments, sometimes you visit the site you use daily and feel like there's something that would make any process easier.
For example, you want to see more filters on a price tracker, alerts on an exchange when a price is up or down

[kidis]

hey guys,
really interested in how full-time crypto traders work.

some questions
1) What sites do you visit?

I only visit few sites because I preven myself from bing victim of phishing sites,I onky often visit CoinMarketCap,Etherdelta,Porkdelta,Bittrex,And Codex

2) How much time do you spend on trading?

Way back when I am still trading,i spent at least 4-6 hours a day

3) What websites help you build your strategy?

Not in some sites but from the groups from telegram and Facebook,and from PMs from various good traders

5) What is the biggest problem in trading for you?

Of course when the market suddenly flows down without my notice specially when I am busy at work

7) if you have time, please describe your typical trading day

Thank you for participating!  

For me?it is weekdays when the traders are not totally in focus because of being busy in their real life activities

Thanks for your answer!
Why do traders check price on cmc you can check it on an exchange where you trade?

[beerlover]

Normally, I wake up and check the prices right away, that is the number one priority almost all the time because that is the most important info you will have about trading, the prices.

Obviously, after that I read the news sites regarding crypto like ccn and what not and see if anything major happened, that is important too because if there is a big news but no movement that means something else and if there is no news and big movement that means something else too.

After that I talk on telegram channels with people and what they feel and what not to see what market is thinking because lets be honest this is a market where people purely speculate the price and make it worth that much. Only after that I check couple of people on trading view and see what they think and then act on it, 99% of the time I don't do any movements and keep my position, but rarely something big happens and I react to it.

[Stedsm]

--snip--

Thanks!
Could you tell me what helps you find best entry/exit points? Gut feeling?
You're a full-time trader, right?

It's not gut feeling, but I mostly go for Price Action trades with just Fibonacci placed on the charts for help with better support and resistance levels where I also try to find a pivot point when I place it on larger time frames (it can't be the entry though, but a rare possibility of BTC going there back at least once in a lifetime - that's what I believe).

I don't trade full-time as it doesn't suit my appetite, it's all based on my mood and most significantly, the money that I'm going to roll in into this.

[Salauddin1994]

1) What sites do you visit?

I like binance.

2) How much time do you spend on trading?

3-5 Hour per day.

3) What websites help you build your strategy? 
4) What instruments do you need for a more precise analysis?

maybe like https://www.tradingview.com help for analysis.

5) What is the biggest problem in trading for you?

I think the biggest problem Think of getting more profits in a short period of time.

[kidis]

--snip--

Thanks!
Could you tell me what helps you find best entry/exit points? Gut feeling?
You're a full-time trader, right?

It's not gut feeling, but I mostly go for Price Action trades with just Fibonacci placed on the charts for help with better support and resistance levels where I also try to find a pivot point when I place it on larger time frames (it can't be the entry though, but a rare possibility of BTC going there back at least once in a lifetime - that's what I believe).

I don't trade full-time as it doesn't suit my appetite, it's all based on my mood and most significantly, the money that I'm going to roll in into this.

wow, thanks for the insights!
do you check prices on coinmarketcap or something in the morning? or you go straight to the exchange where you trade?

[ryzaadit]

-snip-

[1] Local Exchange (Indodax) other exchange Binance/Kucoin.
[2] Only a few mins/hours (30-60 mins / 1 Hours - 2 Hours).
[3] I'm not using a site and not a technical analysis, I'm fundamental analysis so basically, i will find random site information about the new project.
[4] Get a good rumor/news.
[5] Emotion, Psychology, Financial Money.
[6] Coinmarketcap.
[7] Fundamental & Medium/Long Holder or Trader.

[MadeinCoin]

1) What sites do you visit?
2) How much time do you spend on trading?
3) What websites help you build your strategy?
4) What instruments do you need for a more precise analysis?
5) What is the biggest problem in trading for you?

1. I prefer binance, bittrex and sometimes Kucoin.
2. It is not certain, on average 10 hours is sometimes also lacking.
3. several news sites as fundamental analysis
4. I will not do the OP before I am absolutely sure,
5. There is FUD and manipulation because this can disrupt the market

[kidis]

-snip-

[1] Local Exchange (Indodax) other exchange Binance/Kucoin.
[2] Only a few mins/hours (30-60 mins / 1 Hours - 2 Hours).
[3] I'm not using a site and not a technical analysis, I'm fundamental analysis so basically, i will find random site information about the new project.
[4] Get a good rumor/news.
[5] Emotion, Psychology, Financial Money.
[6] Coinmarketcap.
[7] Fundamental & Medium/Long Holder or Trader.

Thanks!
Where do you get rumors? any particular channel?

[javainn]

hey guys,
really interested in how full-time crypto traders work.

some questions
1) What sites do you visit?
2) How much time do you spend on trading?
3) What websites help you build your strategy?
4) What instruments do you need for a more precise analysis?
5) What is the biggest problem in trading for you?
6) What price trackers do you use?
7) if you have time, please describe your typical trading day

Thank you for participating!  

binance is the site I visited
for maybe 8-9 hours a day to monitor prices
the biggest problem is when in daily trading the price has no increase and remains stagnant in a downward position. this becomes a big problem that must be prepared for traders is patience waiting for prices to rise.

[ryzaadit]

Thanks!
Where do you get rumors? any particular channel?

Sometimes from a channel, cryptocurrency calendar news or my friend share the rumor for my group. The rumor always make a good fomo, went the rumor become news that the time you are selling.

[satriagedhe]

1. indodax
2.1-2 hours and two day a week
3.twitter news and steemit news
5. miss calculation on market
im not full day trading tho

[kidis]

hey guys,
really interested in how full-time crypto traders work.

some questions
1) What sites do you visit?
2) How much time do you spend on trading?
3) What websites help you build your strategy?
4) What instruments do you need for a more precise analysis?
5) What is the biggest problem in trading for you?
6) What price trackers do you use?
7) if you have time, please describe your typical trading day

Thank you for participating!  

binance is the site I visited
for maybe 8-9 hours a day to monitor prices
the biggest problem is when in daily trading the price has no increase and remains stagnant in a downward position. this becomes a big problem that must be prepared for traders is patience waiting for prices to rise.

Thank you! Would be nice if you share an ordinary day of trader 

[sujonali1819]

snip~~

1) What sites do you visit?

Generally binance bitrex and poloniex is my favorite exchange but I visit other exchange too when needed.

2) How much time do you spend on trading?

At this point I am out trade. Just visit sometime for tracking price movement.

3) What websites help you build your strategy?

Basically I learn from here and sometime try to google and youtube to solve my problems.

4) What instruments do you need for a more precise analysis?

Instrument? I visit sometime tradingview website for analysis.

5) What is the biggest problem in trading for you?

emotion.

6) What price trackers do you use?

coinmarketcap and portfolio android app.

7) if you have time, please describe your typical trading day

Nothing to describe at this moment just want to don't be greedy,panic and emotional. then you will success.