I had a roommate that used to day trade and would sit there for 12 hours a day staring at charts. He traded oil and I didn’t know what the hell he was doing but he was making around $250 a day. He tried to explain it to me several times but most of it went in one ear and out the other. Then, he recommend that I trade cryptocurrencies, so I studied it for a while it and looked promising. Over the past couple weeks I’ve been doing more trades now that the market has become more volatile. Going Short This means that you’re making money as the price of a coin drops. Most coins drop daily with fairly predictable patterns. I use Poloneix but there are a few other good ones out there to trade. Here's an example of a short I did last night: In about 4 hours by going short on XMR, I made 0.00163 BTC. By looking at previous patterns of when the coin falls, as well as the change in the market you can easily predict when to take a short position. You can see by the change in market price that everything is in red. This is a good time to short. Which Coins to Short? I like to watch videos on youtube to see which coins will be popular. The ones to short are usually the ones that people are going long on (investing in). Most coins fall on a daily basis and you need to study their charts to know when to get in and what to get out. This guy know's his stuff. I don't really want to go into all the basics about margin trading. You can find youtube videos that explain . Once you get the hang of it it's pretty simple and a lot of trades have about a 90% success rate.