hello guys i'm pretty free nowadays got nothing to do so thought to give day trading a try i'm hodling coins for long term too but now i want to learn how to do day trading with a small amount since i don't know much about chart reading & TA so kindly leave some useful articles / links & advices below like when to buy & when to sell & how much profit ( % ) is enough.
Thanks
In day trading,you must set your profit margin as 5% or 10% and as soon as you reach your target,immediately you should finish the trade and invest in another coin.You should not blindly follow the pump and think that sky is the limit for profit.You should be able to find the sudden increase in trade volume of a coin and invest in it.More over,you should invest in two or more coins so that you could adjust if the price of one coin falls down.You must analyze various charts provide in the exchange and analyze one hour chart,one day chart,three days chart to find the price movement.