kidis (OP)
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June 19, 2019, 01:39:47 PM Last edit: June 20, 2019, 11:24:32 AM by kidis |
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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!
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Slow death
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June 19, 2019, 05:09:15 PM |
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1) What sites do you visit? I use Binance and Bittrex 2) How much time do you spend on trading? I do not know it's very difficult to estimate how much time i spend on trading? 3) What websites help you build your strategy? I do not have a site that helps me to create strategy, but I follow the news frequently
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monalia
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June 19, 2019, 05:20:54 PM |
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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?
Thank you for participating!
Firstly I am not a full time trader but I can also give the answer for it as a part time trader. I do trading on binance and bittrex. I am more comfortable with them to use on their Android platform and website platform. I spend one or two hours everyday. Binance one and only Binance. I always use indicators MA and RSI to check the value and while trading. Price fluctuation and early open trades.
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kidis (OP)
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June 19, 2019, 07:57:05 PM |
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1) What sites do you visit? I use Binance and Bittrex 2) How much time do you spend on trading? I do not know it's very difficult to estimate how much time i spend on trading? 3) What websites help you build your strategy? I do not have a site that helps me to create strategy, but I follow the news frequently Thanks a lot! What news sources do you read? And where do you check the prices?
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kidis (OP)
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June 19, 2019, 08:03:11 PM |
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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?
Thank you for participating!
Firstly I am not a full time trader but I can also give the answer for it as a part time trader. I do trading on binance and bittrex. I am more comfortable with them to use on their Android platform and website platform. I spend one or two hours everyday. Binance one and only Binance. I always use indicators MA and RSI to check the value and while trading. Price fluctuation and early open trades. Thanks for your answer! Do you do some research before trading? WHere do you check the crypto prices?
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butka
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June 19, 2019, 08:21:43 PM |
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I'm not a full time trader, but I can try to answer some of your questions. 1) What sites do you visit?
bitmex.com and kraken.com 2) How much time do you spend on trading?
I'm currently trading the 4h time frame. So I have to look at the charts every four hours for 5 minutes to see if I should enter a trade or exit a trade. That's the benefit of higher time frames. If you trade the higher time frames, you have a lot more freedom and you don't have to be obsessed with the price all the time. 3) What websites help you build your strategy?
This guy: http://nononsenseforex.com/has changed the way I trade. I recommend taking the time to test his system. 4) What instruments do you lack for a more precise analysis?
Nothing much at the moment. 5) what is the biggest problem in trading for you?
The huge bitmex wicks. Just kidding.
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kidis (OP)
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June 19, 2019, 09:19:14 PM |
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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.
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rhomelmabini
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June 19, 2019, 11:18:13 PM |
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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. Binance 2. I can really estimate how much I spend but I guess it's too low as I'm not on a day trading strategy. 3. Sometimes on CMC but I am doing some TA on Binance too as I there UI on doing some TA out there. 5. I guess the biggest problem only I have is the unavailability of money to go on full trading. 6. Telegram channels has lot of price trackers, usually those is where I can easily get some price info of coins/tokens. I'm not really into full time trading but hoping that those I inputted will help you get some knowledge.
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Stedsm
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June 19, 2019, 11:59:37 PM |
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1) What sites do you visit? I use Binance and Bitmex for higher volume trades, whereas I go for Mercatox (yes, I use it too) for low volume trades but still make some money (sometimes the amount is very good that I make there). 2) How much time do you spend on trading? I only look for margin trades as that's what scares me when active already. Other trades like alts are left till they reach their targets or hit a stop. 3) What websites help you build your strategy? I don't follow any as I believe in myself. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 5) What is the biggest problem in trading for you? Finding best entry/exit points. 6) What price trackers do you use? Berminal & Blockfolio.
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dothebeats
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June 20, 2019, 12:00:28 AM |
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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.
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nicolaz.zhu
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June 20, 2019, 01:33:35 AM |
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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.
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jigzaheedcoin
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June 20, 2019, 01:51:35 AM |
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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.
I agree we cannot be smart enough at the beginning of trading specially by doing it all alone without any friends guiding you. Buying a coins isn't just you have desires to buy it just because you loved it's name. First and foremost, community upbringing for the coin price was the most important to look upon. Trading day can be done anytime of the day, don't find it as a pressure because trading is always flexible.
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babysweetTiger0401
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June 20, 2019, 05:11:31 AM |
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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.
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michellee
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June 20, 2019, 05:30:39 AM |
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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.
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Kemarit
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June 20, 2019, 07:34:04 AM |
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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).
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harizen
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June 20, 2019, 09:03:12 AM |
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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.
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figmentofmyass
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June 20, 2019, 09:16:20 AM |
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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!
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Siren
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June 20, 2019, 09:42:56 AM Last edit: June 23, 2019, 11:49:10 AM by Siren |
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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 prevent myself from being victim of phishing sites,I only 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
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kidis (OP)
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June 20, 2019, 10:25:39 AM |
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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. Binance 2. I can really estimate how much I spend but I guess it's too low as I'm not on a day trading strategy. 3. Sometimes on CMC but I am doing some TA on Binance too as I there UI on doing some TA out there. 5. I guess the biggest problem only I have is the unavailability of money to go on full trading. 6. Telegram channels has lot of price trackers, usually those is where I can easily get some price info of coins/tokens. I'm not really into full time trading but hoping that those I inputted will help you get some knowledge. Thank you for your answer, this will help me! Can you recommend some telegram channels?
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kidis (OP)
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June 20, 2019, 10:27:39 AM |
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1) What sites do you visit? I use Binance and Bitmex for higher volume trades, whereas I go for Mercatox (yes, I use it too) for low volume trades but still make some money (sometimes the amount is very good that I make there). 2) How much time do you spend on trading? I only look for margin trades as that's what scares me when active already. Other trades like alts are left till they reach their targets or hit a stop. 3) What websites help you build your strategy? I don't follow any as I believe in myself. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 5) What is the biggest problem in trading for you? Finding best entry/exit points. 6) What price trackers do you use? Berminal & Blockfolio. Thanks! Could you tell me what helps you find best entry/exit points? Gut feeling? You're a full-time trader, right?
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