nydiacaskey01
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December 24, 2019, 11:33:52 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
You cant go out there predict which coin will go up, you need to study the coins history by looking at the chart and looking at the price history for the past 3 weeks. Reading those charts requires at lot knowledge too before you draw a line that shows that it will go up. Even those in twitter who always post their TAs for a certain coin also fails to predict which will make it today. My strategy, I look at those coin that are in red and look at the price history for the past weeks. Those coins that are in red have higher chances that it will go up than those who are in. green already.
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StephenieDuong
Sr. Member
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December 25, 2019, 04:25:30 AM |
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I agree that it hard to get big profit from day trading. I think you should stop trading alt/btc now because these trading pairs quite hard to trade and if btc/usd have big change, then alt/btc will become difficult to control. You should try margin trading with only btc/usd pair, it more easily to get profit then alt/btc.
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Sadlife
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December 25, 2019, 05:14:09 AM |
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Trial and error is a part of trading so if you fail countless times dont get discourage, instead learn from it and grow from it. We are similar actually when i first learn to trade i loss quite a lot even though it was not that big amount for big whales out there, for me that was depressing so i decided before i go trading i'll learn as much as i can and watch expert crypto traders on how to trade just to not repeat my mistake and never do emotional trading cause once you get emotional you start doing things that you might regret.
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AniviaBtc
Sr. Member
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First 100% Liquid Stablecoin Backed by Gold
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December 25, 2019, 12:54:19 PM |
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I think, with the current market conditions it is indeed difficult to be able to get a profit and do not expect you will get a large profit, get a small one is very difficult and you should be grateful if you are lucky, but keep trying
I don't we need to have luck this time, the current market condition isn't so fulfilling but it surely we can find a way to make profits but of course, its gonna be tough and really hard work for us. But anyway, in the first place we are doing this before and not really hard to adjust to this situation. Only we have to control ourselves and not tempted to sell for losses... That's why we need to think critically now because we are the one who can solve our own problem. We are also the one who can help ourselves from earning more profit. Planning and knowing the next move is important to prevent losses and misunderstanding during exchanges.
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kodtycoon
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December 25, 2019, 01:21:37 PM |
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maybe the easiest thing to do for you is to just look at the chart there and when the correction is happening then at that time it would be better for you to wait to buy because in such a situation the price will tend to fall lower. in this problem at least you should be more aware about movement and emotions, because when you have prioritized this at least you will have a good chance to make a profit
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Darooghe
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December 25, 2019, 02:43:19 PM |
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People lose money due to lack of patience. they learn a few tricks and think they can make it big. this industry takes years and years of experience. If you want to learn how to trade, treat it like a legitimate business. if you are trying to be a good trader and you have a hard set of rules those rules are your job. If you break your rules there is consequences. Imagine if you broke a rule at your actual job, the first time there could be a don't do this again type of consequence but what about a second time or third time? thereby, treating trading like more of a job instead of a side hustle could help you.
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MI6
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December 25, 2019, 04:57:22 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
if the coin you bought is go down, maybe learn strategy when that is happen will be good. You can hold it, simple way but need really patience. Or you can do martingale with buy more coin in cheaper price, so you only need price between you bought first and second to make your capital back. Sometime that thing really works as long you really prepare your capital, not buy with all your capital in one trading activity.
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FLoving
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December 25, 2019, 05:02:20 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
if the coin you bought is go down, maybe learn strategy when that is happen will be good. You can hold it, simple way but need really patience. Or you can do martingale with buy more coin in cheaper price, so you only need price between you bought first and second to make your capital back. Sometime that thing really works as long you really prepare your capital, not buy with all your capital in one trading activity. Martingale is better but sometimes we do not have money to buy more or it feels hard to buy that coin more in which we lose money. In case of lose we can either wait for the good time or if we see another coin going green then we can convert our money to that coin and after getting the expected profit we again put our money to the coin for the value of which we are waiting.
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Lanatsa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2019, 05:12:01 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
if the coin you bought is go down, maybe learn strategy when that is happen will be good. You can hold it, simple way but need really patience. Or you can do martingale with buy more coin in cheaper price, so you only need price between you bought first and second to make your capital back. Sometime that thing really works as long you really prepare your capital, not buy with all your capital in one trading activity. Martingale is better but sometimes we do not have money to buy more or it feels hard to buy that coin more in which we lose money. In case of lose we can either wait for the good time or if we see another coin going green then we can convert our money to that coin and after getting the expected profit we again put our money to the coin for the value of which we are waiting. Have tried to use that martingale method on trading but i would say it is really very risky specially for this very volatile market which movements can spread out on big percentage. Unless if we do trade on forex or stocks where movements is less then martingale method is possible but for crypto? I wont tend to use it again. Large profit on day active trading? Hedging or scalping would be good but it will vary on how big your lot or position is.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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MI6
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December 26, 2019, 04:32:26 AM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
if the coin you bought is go down, maybe learn strategy when that is happen will be good. You can hold it, simple way but need really patience. Or you can do martingale with buy more coin in cheaper price, so you only need price between you bought first and second to make your capital back. Sometime that thing really works as long you really prepare your capital, not buy with all your capital in one trading activity. Martingale is better but sometimes we do not have money to buy more or it feels hard to buy that coin more in which we lose money. In case of lose we can either wait for the good time or if we see another coin going green then we can convert our money to that coin and after getting the expected profit we again put our money to the coin for the value of which we are waiting. Have tried to use that martingale method on trading but i would say it is really very risky specially for this very volatile market which movements can spread out on big percentage. Unless if we do trade on forex or stocks where movements is less then martingale method is possible but for crypto? I wont tend to use it again. Large profit on day active trading? Hedging or scalping would be good but it will vary on how big your lot or position is. It is right, really risky especially for this condition when market keep down like this. But maybe OP want to try another strategy than his strategy or maybe if it can fit with his style. About risk, normal trading already have it's own risk,everything is risky and about capital maybe like what i said before to prepare our capital with split it first so we can use it to be main trading, and other money to back up.
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DevilSlayer
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2019, 05:06:53 AM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
if the coin you bought is go down, maybe learn strategy when that is happen will be good. You can hold it, simple way but need really patience. Or you can do martingale with buy more coin in cheaper price, so you only need price between you bought first and second to make your capital back. Sometime that thing really works as long you really prepare your capital, not buy with all your capital in one trading activity. Martingale is better but sometimes we do not have money to buy more or it feels hard to buy that coin more in which we lose money. In case of lose we can either wait for the good time or if we see another coin going green then we can convert our money to that coin and after getting the expected profit we again put our money to the coin for the value of which we are waiting. Have tried to use that martingale method on trading but i would say it is really very risky specially for this very volatile market which movements can spread out on big percentage. Unless if we do trade on forex or stocks where movements is less then martingale method is possible but for crypto? I wont tend to use it again. Large profit on day active trading? Hedging or scalping would be good but it will vary on how big your lot or position is. It is right, really risky especially for this condition when market keep down like this. But maybe OP want to try another strategy than his strategy or maybe if it can fit with his style. About risk, normal trading already have it's own risk,everything is risky and about capital maybe like what i said before to prepare our capital with split it first so we can use it to be main trading, and other money to back up. I don't do trading nowadays because my strategies are not suitable at bear market. My funds are now in the stock market because the stock market is currently a bullish market and there are more a lot of opportunities there. Day trading at bearish market is not a good decision because it requires good trading psychology and also enough knowledge in order to win in a trade.
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Mumbeeptind1963
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December 26, 2019, 12:55:23 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
Day trading is too difficult now, every hour market changes, when you buy xrp for example @2900 before the next hour it will be @2700, the next day it will up again or down at different price. I must say that altcoins and bitcoins now is good for a long term investment, arbitraging is difficult also for me due to transfer delay. But it is all up to you.
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WLtoys V912
Member
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Offline
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December 26, 2019, 01:14:12 PM |
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I don't know what you mean by today. If you are referring to the current situation of crypto market I agree with you to some extent because most well-established coins has remained almost steady in the past 3 weeks. But I see some coins with considerable price movement in exchanges like Doge and FTO. If anyone can analyze their movements correctly, they can bring profit.
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Golftech
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2019, 02:32:45 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
Day trading is too difficult now, every hour market changes, when you buy xrp for example @2900 before the next hour it will be @2700, the next day it will up again or down at different price. I must say that altcoins and bitcoins now is good for a long term investment, arbitraging is difficult also for me due to transfer delay. But it is all up to you. If you are aiming for much bigger benefits then you should stop trying to scalp your position, day trading is time consuming and very stressful if you are not that good estimating the possible market movements, like with your example trends keeps changing and volatility's makes it more harder. Though if you are open or willing to take the risk, chances to find the right system and make it working to your everyday position still achievable.
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Oceat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2019, 02:54:55 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
Day trading is too difficult now, every hour market changes, when you buy xrp for example @2900 before the next hour it will be @2700, the next day it will up again or down at different price. I must say that altcoins and bitcoins now is good for a long term investment, arbitraging is difficult also for me due to transfer delay. But it is all up to you. If you are aiming for much bigger benefits then you should stop trying to scalp your position, day trading is time consuming and very stressful if you are not that good estimating the possible market movements, like with your example trends keeps changing and volatility's makes it more harder. Though if you are open or willing to take the risk, chances to find the right system and make it working to your everyday position still achievable. Yes indeed, but I must have to agree to OP since I myself do experience the same as he did. Scalping to this market nowadays is really hard because the market always change—to the point that you can't predict the next move because the volatility is way too unexpected. I guess scalping won't be effective yet with this situation of the market.
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3996
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tungaqhd
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December 26, 2019, 04:13:52 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
Large profit is a trap that makes many traders bankrupt. We should follow the market and change our strategy, when we should target large profit or hodl.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2019, 04:20:10 PM |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
Large profit is a trap that makes many traders bankrupt. We should follow the market and change our strategy, when we should target large profit or hodl. If the market can rise at the right moment, you will make a large profit, and that is not a trap because the market gives you a chance to take that profit. But if you decide to delay your profit because you want to make a bigger profit while the market cannot be predicted, then you will regret it later. Making a large profit is not difficult if you know how, but unfortunately, what you feel difficult is how not to being greedy in trading so you can get a profit and repeat it again and again.
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enwi
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December 27, 2019, 12:53:22 PM |
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I myself also don't know how to get big profits now because with current market conditions it is difficult to trade, the price of coins is not so profitable that I also become hesitant to start trading, I hope luck will be with me so I can get a big profit again
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wajik-tempe
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December 27, 2019, 02:59:31 PM |
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I myself also don't know how to get big profits now because with current market conditions it is difficult to trade, the price of coins is not so profitable that I also become hesitant to start trading, I hope luck will be with me so I can get a big profit again
We should adapt based on real time market condition, if we cannot make a big profits, don't force us to make it because it will just lead us to loss. So we better manage our profits, it's okay little profits but if we do it many times it will equals to big profits
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Hamphser
Sr. Member
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Vave.com - Crypto Casino
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December 27, 2019, 03:38:40 PM |
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I myself also don't know how to get big profits now because with current market conditions it is difficult to trade, the price of coins is not so profitable that I also become hesitant to start trading, I hope luck will be with me so I can get a big profit again
We should adapt based on real time market condition, if we cannot make a big profits, don't force us to make it because it will just lead us to loss. So we better manage our profits, it's okay little profits but if we do it many times it will equals to big profits Technically you are right but i think it's still useless since most of those profit we get when trading will eventually gone because it's has been eaten by the transaction fees alone. If the market is just too stubborn to ne more stable then don't trade but instead hodl it for a couple of weeks as you follow the entire movement of the market.
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