Hello guys,
I'm trying to find a way to make 100$ per day trading, do any of you guys achieve this? Would you share some advice for someone who is starting out?
There is lots of info on the net, especially youtube but they look like garbage videos made to get views and not actually give any information out.
The net is swamped with garbage CFD companies and youtube phoneys.
Please help.!
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I know a few tips ... pm me
...
the way i understand is you got to have enough money to play with. like 900.
then you find an active trading coin thats going at all times.
then find an entry point, put all in and sell when its you think its a good time. make sure your gain covers trading fees. youll probably make 2-20 dollars in the few hours or minutes.
tldr: find active trading grounds and hunt whales. every cent counts. grind grind grind. know when to quit.
I do, but I'm not stupid enough to let you someone dilute my profit.
Thank you, what trading platform is best to use?
The reality is unless you know something everyone else doesn't or your very lucky, if you'll probably end up loosing money.
dont know.
im using bitrex.
just grind the small gains and make sure you cover fees. even if the gain is just cents more.
remember this is the new runescape.
follow the whales, easiest way to do it
don't get greedy cash out before they do
Technical Analysis.
You have to buy when the chart looks like a duck sitting on a clown's shoulder, but not when the clown holds a cup with a handle.
The only people who will give you day-trading advice are scammers who want your money.
Don't get me wrong, it is very possibly to be successful at day-trading, especially in crypto but why would a profitable trader share the recipie to his special sauce?
Forex or Crypto?
>follow the whales, easiest way to do it
how?
Following the whales I get, follow popular trend patterns based on speculation.
What trading platform is best to use?
I trained a LSTM with complete random data from random shitcoins that I didn't wrangle properly and it output great results. So I set up a bot off that and I can't train anything even close to its performance after the fact.
yobit
"cash out"
Yeah, that's good advice. I made about 100$ in under two weeks and lost almost all of it because I thought the trend would continue.
Oh well, learning experience.
don't day-trade until you figure swing trading
get the pulse of a currency and try to ride the 1-3 day candles
also, competent day-traders live by the mantra that a trend is valid until it's not
timing the tides is where mastery begins (and a master i'm not)
this sounds really cool, what kind of profits do you see?
increase in volume, big buy orders randomly
How big an increase are we talking?
Hypothetically, what's to prevent someone with a decent spread from day-trading safely, even if not perfectly consistently? E.g., say I put down $1000 on ten of the more reliable coins out there, nothing that's going to the moon but nothing that's going to shit either. Isn't it likely that at least a couple will see modest dips to buy in at and modest peaks to sell at, every week?
Day trading crpyto is not worth it anymore, now that the new bill proposed requires you to record every single transaction you make even from coin to coin
the reality...
>Day trading crpyto is not worth it anymore, now that the new bill proposed requires you to record every single transaction you make even from coin to coin
Which countries does this apply to?
only important one
when Crypto dies in the US from this law, europoors will lose everything
>this delusional
Most crypto is traded in Asia.
>now that the new bill proposed requires you to record every single transaction you make even from coin to coin
This was already required, the new bill has nothing to do with that
typical MUH USA CENTER OF UNIVERSE.
dieng nation kek
i doubt it
if we enter a crypto winter again, caused by the very improbable banhammer in the states, the rest of the markets will climb the dip
cryptocurrencies have a front row seat reserved in fintech for years to come
>Most crypto is traded in Asia.
citation needed
Realistic estimates range from 50% to 80% of Bitcoin trading volume happens in China alone.
coindesk.com
With 10k$ you can reliably pull 100$/day even on bad days. Learn how to tradz with a few hundreds buck for a few weeks (learn how to short). And voila you can gain money even when the prices fall.
Normal trading:
Buy low sell high, there you go.
Day trading:
Buy low sell high often, there you go.
How do i short crypto?
on poloniex you can use the margin trading option you pay somebody a small fee to loan you their coins and you'll sell them and buy them back at a lower price you get to keep the price difference and the person who loaned you gets back his coins + a small fee
oy, i am into NNs lately. Do you use the LSTM to predict prices ahead with a horizon? And in what resolution? (1hr, 30 min?)
That's not in the new bill at all. That always applied.
>he hasn't been keeping track of exactly that since he started trading
Enjoy meeting the IRS user!
How to spot a whale and follow it? Give me a short how-to, thanks famalam, here's a qt for you.
Child-like, just how i like them.