Author Topic: How do I start day trading?  (Read 253 times)

Offline sergio444

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How do I start day trading?
« on: May 27, 2018, 11:59:46 PM »
Being a hunter alone does not insight me much in the crypto world. The annoying instability of the bitcoin and ethereum is also making long investment trading boring. I now want to enter into day trading. Is the market good enough? How do I start?

ubanxoriginal

Offline cryptolove

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Re: How do I start day trading?
« Reply #1 on: May 31, 2018, 06:46:02 PM »
begin with a natural breakfast !

Offline akosuananakem

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Re: How do I start day trading?
« Reply #2 on: June 01, 2018, 01:15:45 AM »
You need to read more and learn more to understand the trading mechanism, don't rush unless you want to make losses

Offline kemswag

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Re: How do I start day trading?
« Reply #3 on: June 02, 2018, 02:06:49 PM »
Reading is key in the world of Crypto, before you begin trading you need to understand how the market operates in order to prevent loses.

Offline Ambition

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Re: How do I start day trading?
« Reply #4 on: June 14, 2018, 12:15:42 AM »
Apart from reading, you should get an experienced hand to help you if you are entirely new at trading. The most important lesson is that never be greedy. "Overtrading" has caused the downfall of many day traders.


Offline Babybtchunter02

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Re: How do I start day trading?
« Reply #5 on: July 08, 2018, 12:49:09 PM »
Think possitive when start trading, Don't be greedy.
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Offline Gwapoman

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Re: How do I start day trading?
« Reply #6 on: July 19, 2018, 09:44:54 AM »
Hi good day,here are my suggestions how to start your trading career,

1st you need to have capital,you can start using your own money or as a bounty hunter use the rewards the you get from the bounty campaign to start trading.

2nd register on an crypto exchange platform.If you are gonna use your own money as capital choose the best exchange out there that have high volume of trading with high level of security.But if your gonna use your rewards from bounty you don't have any choice but to use the exchange where your bounty token is available for trading.

3rd learn the basics,learn how to execute a trade(buy&sell).study how it works.

4th
A. Analyze the market.Making a good entry in the market is one of hardest part in trading ,entering the market without basic information about the current market status could lead to a very huge loss especially to a new trader..
B. Taking Profits.If your analysis/prediction favours you,set a certain percentage when to sell your assets.Market won't go up forever so being greedy is really not a good thing when doing trading.Exit the market Take profits then repeat step 4.

5th As a crypto trader,i suggest you focus increasing your coins/tokens quantity rather it's value in fiat money.

Trading and sharing ideas with other traders would also help you gain knowledge and new strategies that might work for you in the future.so keep exploring and always continue learning.
Hope this would help you in anyways when you start your trading career.Goodluck
« Last Edit: July 19, 2018, 09:46:54 AM by Gwapoman »

Offline Miguel

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Re: How do I start day trading?
« Reply #7 on: July 24, 2018, 10:27:11 AM »
You must know when to buy and when to sell in crypto world which, can happen by means of researching into the marketcap to avoid losses.

Offline Webberson

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Re: How do I start day trading?
« Reply #8 on: July 25, 2018, 06:27:58 PM »
Starting day trading requires having the fundamental knowledge of trading, along side knowing how not to trade with emotions and applying risk management in trading.

Offline Gwapoman

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Re: How do I start day trading?
« Reply #9 on: October 11, 2018, 05:06:48 PM »
learn the basics then create a trading account ,deposit cryptocurrencies and experience trading! reading would help but experiencing how to buy and sell is more important.mistakes are normal in trading  so just learn from it . trading is a never ending subject. You need to learn from it day by day, research new strategies ,share ideas with other traders are some of the things you can do . set goals - analyze the market - take profit or stop loss.