>find a way to daytrade crypto where every trade i make has over a 75% chance of being successful >that 15% chance still makes it impossible to end the day with profits since i don't know when to cut my losses
how the fuck do you guys do it? i just wanna be self employed for fucks sake
Asher Rogers
whoops *25% chance fugg
Tyler Hill
just buy a coin and then do sell orders like you buy for 1 and sell 10% for 1.1 , 10% for 1.2 ...... etc so you can accumulate btc
Christopher Bailey
Incremental exit strategies are the way.
OP, what's your trading strategy? 75% success rate in crypto daytrading is quite strong
Jose Evans
but how long would you typically need to hold for all those orders to get filled?
Hunter Roberts
i dont wanna be too specific but i basically find unconventional patterns and map them based on time
Tyler Myers
>wants to be self employed >doesnt want to do the work requiered
Every fucking time
Justin Taylor
im just asking for trading tips from a community i like
Andrew Ross
? is this a real question if it raises you get more if not just hodl till it does
Robert Gomez
Typical incremental exits will take something more like 50% at +10%, 25% at +20%, etc. But, fair enough about the strategy. Enjoy your gains
Ian Butler
yeah but i would buy low cap coins i made much with korecoin and florin, started with 20% to 50% sell orders
Connor Miller
and you're going to be met with disdain for it.
do what most of us have done, figure it out yourself. Lurk these boards, read books, study, watch good YT videos, learn how to analyze data, learn how to figure out which coins are actually worth investing in rather than just following popular opinions. Do the work required or stay poor forever. There's no such thing as "get rich quick", it all takes work, or know-how, or scheming, or some kind of effort. Just showing up and asking "TELL ME HOW TO DO IT" is going to get you laughed at and lied to.
Liam Jones
What's the strategy when I buy, set up incremental exits and instead it starts to dump?
Noah Gray
appreciate the advice, i'll give it a shot
James Scott
>tfw spent at least 400 hours developing my solid day trading strat >tfw about 90-95% success rate on every trade
Wageslavery will soon be history
Mason Turner
of course, but what's the harm in starting a thread which could produce valuable information not just for me but for others?
Josiah Ross
Here's what you buddy. First, I assume you are buying on the dip so think of the bottom of the dip as a support line. Now that you're in your coin, note that as the price rises from this support line, the probability of it rising even higher steadily decreases so you want to sell bit by bit as it goes up. But what if it goes back down? It will find a new support and bounce from there. Start selling again on that bounce. Wash rinse repeat until you are out of the trade.
Nathaniel Martinez
its really simple user, don't be a greedy fuck
>go for longterm holds first >in the meanwhile do research on more risky investments >make a few hundreds >use those profits to invest into the risky coins >when you sense danger just exchange your shitcoins into the big 3's because their gate is stable
Landon Campbell
>out of the trade >not using profits to buy back in at support >not making back and cashing out initial position and continuing to trade with "free coins" from profits >not doing this with an ever increasing number of coins >not becoming a successful day trader >shiggitidy-diggitidy
Joshua Hill
I should mention the obvious. Buy more on those subsequent dips to lower your average price.
Hunter Johnson
You beat me to it but I cover that here
Josiah Rodriguez
You can bet a smaller amount of your portfolio and the strategy will start working. Probably somewhere around 3%. That won't bankrupt you.