Hello all,
I am starting to day-trade on the crypto market and I was wondering what was your strategy?
For now I am just starting, I use MA, S/R levels, Fibs and RSI mainly.
What about you?
I am also newbie about this day trading. So this is great topic you did. Will going to make some readings about their advices and I think it wil help me a lot.
If you already done long term trading then it is a good idea to switch to day trading but in case you have no experience of trading then I suggest you going for the first one. You will not face a lot of loss and learn about many things in much better and clear way.
The most important thing is to understand the nature of crypto currencies and the factors that cause fluctuations in the digital market. You will also learn how to tackle different situation. One piece of advice, train your brain to stay calm under all sort of situations.