Daytrading crypto

THUNDERELVI

Elite Member

Sep 12, 2009

2,551

2,305

• Sep 28, 2017

• #21

Xr0x said:

Daytrading + complete newbie = Gambler. Dont start with it unless you know what you are doing, this is my advice for you.

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Daytrading + complete newbie + margin trading = one way trip to debt land!

 

honestIM

Power Member

Jan 15, 2017

645

871

• Sep 28, 2017

• #22

tazzerker said:

Hello there , i would like to start daytrading cryptocurrency in few days,im complete newbie in this , is there anyone who can give me tips or help advice.

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Day trading in crypto would be very difficult due to liquidity issue that can cause big price gap (up/down) which can be positive or negative impact on you. I suggest that you trade with holding (maybe a 30 day holding period will be better). Unless you trade in BTC which itself has lots of liquidity.

 

alexio

Senior Member

Jan 10, 2013

995

304

• Sep 28, 2017

• #23

you want to gambling, stay away about crypto. It's not relevant, and for day trading, it's like the casino
start using "option" in the finance stock, like day trading on the Dow Jones

 

jetton

Registered Member

May 2, 2008

57

121

• Nov 6, 2017

• #24

tazzerker said:

Hello there , i would like to start daytrading cryptocurrency in few days,im complete newbie in this , is there anyone who can give me tips or help advice.

Click to expand...

For any newbie wanting to get an understanding of Crypto trading and an easy-entry level way to trade them, you can watch this guys channel: https://www.youtube.com/channel/UCbcxHiowf0TSNKn3xVpGTiQ . This is not my channel, I just found from this guy's training when I was starting out.

 

U

usmlmleads

Registered Member

Mar 10, 2009

63

17

• Dec 18, 2017

• #25

Use Binance and get some BNB tokens because your fees will be lower. Also always be a maker. Meaning put your orders in with limits (Near the low of the day if you are trading range bound currencies.) Near the high of the day if you are looking to exit. There are sometimes some good cross exchange trades as well.

 

RubyYao

Newbie

Oct 12, 2018

7

0

• Oct 19, 2018

• #26

As an individual trader, I feel like grass swaying in the windbut I found safety in FMZ

 

cryptosiao

Newbie

Nov 20, 2017

25

6

• Oct 19, 2018

• #27

In the bear market, it is prolly hard to day trade. Will be easier during the bull market. GL!

 

RubyYao

Newbie

Oct 12, 2018

7

0

• Oct 24, 2018

• #28

Individual traders need to find an efficient way to do their quantitative trading instead of obsessing with market changes. Put your trading idea into a code system and run this system to free your mind.

That's what I do on FMZ Quant platform.

 

TheMocro

Junior Member

May 2, 2013

154

71

• Oct 24, 2018

• #29

I would suggest you first learn paper trading, if you have mastered trading on an exchange and you make profit on daily base. you can begin margin. Otherwise debt is near to you.

 

RubyYao

Newbie

Oct 12, 2018

7

0

• Nov 6, 2018

• #30

Hope crypto will become stronger in the future and become global reserve asset.
---FMZ Quant