Trading Tips Needed

[Lighthouze]

Been trying my hands on day trading for some days now. I however find it rather time coming and demanding. Beyond just buying coins at very low prices and selling high, is there some indices to be used and analysed before jumping into trades if you're not Technical Analysis (TA) savvy? Can't really say I've made consistent profits as I see myself losing the day's gain the following day.. Any tips on how to be more successful at this.

[ipanks]

It needs more skill to do day trading because we need to analyze every coin that potential to increase. But you can still do day trading without difficult. First, you need to find one coin only, take a look at the buy and sell order, check the trend, if the trend is down, then you don't need to choose that coin and better to move to other coins. And if you finally find one coin, focus on that coin only. You need to decide how big the percentage of the profit you want to make in one-time trade and do it over and over, but you need to stick with the same percentage. And if you can do this in more than ten times, then you can earn a big profit, and you can do it in anytime you want especially if there is a good coin that you can use to trade.

[pamsugas]

You must learn indicators such as the RSI and Macd, see the 1 Hours chart for fast trading ...
and you also have to learn to recognize trends down and trends up

[Lighthouze]

Been trying my hands on day trading for some days now. I however find it rather time coming and demanding. Beyond just buying coins at very low prices and selling high, is there some indices to be used and analysed before jumping into trades if you're not Technical Analysis (TA) savvy? Can't really say I've made consistent profits as I see myself losing the day's gain the following day.. Any tips on how to be more successful at this.

Thanks for this tip. I'm definitely trying it out.

[Lighthouze]

You must learn indicators such as the RSI and Macd, see the 1 Hours chart for fast trading ...
and you also have to learn to recognize trends down and trends up

Ever since I lost money trying to trade Forex, I gave up reading on those indicators, as I felt had no need for them any more. Now I have to dust my books once again, especially as I find trading cryptos more interesting

[laughingburger]

Been trying my hands on day trading for some days now. I however find it rather time coming and demanding. Beyond just buying coins at very low prices and selling high, is there some indices to be used and analysed before jumping into trades if you're not Technical Analysis (TA) savvy? Can't really say I've made consistent profits as I see myself losing the day's gain the following day.. Any tips on how to be more successful at this.

Since you already start your day trading and you have a taste in the commitment level you need in day trading and day trading is not so profitable. Why don't you do long term trading instead which is less demanding and you can spend the time on investing in good ICO most probably can earn more than day trading.

[Speaker]

Who knows how to trade within a day can earn more than the one who opens long positions in the long term. A trader can also earn on a falling market by opening short positions.

[xeroz]

For me, the trading tips lay on how we can take the chance. Every chance in trading in the right time becomes one of the key success of the trading. Additionally, it is also important for us to know the moment for us to buy the promising coins for trading in that time. Some coins are good for trading or short investment. But, some are not purposeful for this trading. SO, better to learn and make your better strategies.

[debra]

I don't think there is an index or an accurate way to predict the market. We are just playing the game in Investing or trading in this Crypto world. Indeed, a lot of predictions that miss reality and make people disappointed, you should not predict the market carelessly because many people will be disappointed again. It's better to just follow the market flow, if it goes down to buy, and if you go up immediately sell. That's all, it's practically the way. Provided that patience is prioritized in trading, it will definitely work.

[Bit]

You need to know more about market characteristics and its current trends. You must get the information from many sources. Don't you think you need to join a trader group or such discussion group about trading. There, you can get many tips, tricks, and advises. If you have a friend that working as a trader also, you can share your tips and experiences. In addition, you need to update information about price graph, so you know the possibility of price movement. Coinmarketcap is a recommended place for it, you can go there regularly.

[jet]

Day trading is not quite good for now. The market is a bear and most of the time it goes down. I recommend to buy a coin and wait for a couple of days before selling. Most of the time, coin price is moving down and it's rare that the price will pumps up and it just a little amount compare to the downprice.

[Zoe]

in trading, the main thing is to be patient and careful. we must be smart in choosing the time to sell this in order that we can make a profit. it's not easy because we have to really understand and analyze the market prices.

[audi14]

In trading ,you really must follow the golden rule😊😊😊.."buy low sell high".and you won't be missed unless the one you bought is a scam coin..😂😂😂..and remember also that the price you bought and sell afterwards will never be the same..it may increase as the time passed by.

[Aulia10]

In my opinion, a daily trader is more profitable than long-term. Before we start trading we must also have knowledge in trading.
We must be able to use the coin which has dropped dramatically and from there we can get a bigger profit

[Nisa12]

To trade we must have knowledge in the market world. Because seeing a market like this we have to be smart to choose the coins that will be traded and can take advantage of the opportunities that exist. So the key daily trader is patience to lead to success