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Author Topic: Cryptocurrency Day Trading: How to Get Started & How to Win  (Read 583 times)
Reatim
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July 23, 2020, 12:06:45 PM
Last edit: July 23, 2020, 12:19:40 PM by Reatim
 #61

I thought you all might appreciate this article Smiley


Cryptocurrency Day Trading: How to Get Started & How to Win

In this article we’ll be discussing the following topics:
  • What is day trading?
  • Is crypto day trading for me?
  • What are some day trading strategies?
  • Basic tools for day trading crypto
  • Advanced tools for mastering crypto day trading
  • How do I find which cryptocurrencies to trade?



Continue reading the full article here: https://www.coygo.app/blog/posts/cryptocurrency-day-trading-how-to-get-started-how-to-win/
Thanks for sharing but i think the Most appropriate question to be answered this is the Number 2 question and this is It.

Is crypto day trading for me?

Because i believe that Trading does not for everyone here.

So many wanna be traders are now out of crypto or converted in Holding because they cannot stand losing and losing for trading daily.

Better to decide after trying couple of times if you wanna stay?or wanna quit to save your money from losing.









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Mars,           
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ElonCoin.org.
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happen or be a part of it"

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Spaffin
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July 23, 2020, 12:38:43 PM
 #62

sometimes daily trading is interesting but it requires courage and strong conviction to get profit and avoid loss. In the related article shown by Op, there is a way that I often do in daily trading, namely by exploiting the price difference called by Op (Arbitrage Crypto) where I always compare prices one by one for each exchange before making a sale, the aim is to can get a little higher profit, besides, don't forget to consider the transaction costs that must be incurred for each exchange because each exchange has a different transaction fee.
In fact, you said everything correctly, but for me today the fact of a profitable transaction plays the most important role. if someone is worried about the amount of commissions and so on, then for this you can choose a more suitable cryptocurrency exchange for your activities, as in my case, the choice fell on binance. In addition, I also constantly lack the courage to place the correct order and it seems that all these obstacles in front of a novice trader arise from a lack of experience.

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July 23, 2020, 01:21:06 PM
 #63

A great and constructive article, but it still lacks a little about capital management (one of the most important skills in trading).
I have seen a lot of people who are knowledgeable about trading but they still trade losses as usual. I realize that knowledge of capital management is very important and this article lacks lessons on capital management. Can you provide a few more good articles on capital management? thank you very much.


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