Post
Topic
Board Trading Discussion
Re: Best day trading strategies
by
harizen
on 22/01/2018, 20:06:43 UTC
I'm new to cryptocurrency trading and still I'm leaning it. I watched some YouTube videos and learnt something about day trading. But, I think still it is not enough to ehter to the market. I want to learn some strategies which make more profits. Please tell me, if anybody knows a good place to learn day trading, candlestick chart analysis and those things.

You don't need to learn technically those chart terms and analysis. You will learned it on the way. Basic is enough including learning the interface of your preferred trading site. Charting + Technical analysis no matter how good it is are useless and when volume breaks up especially on day trades. Market manipulation can destroy fearless analysis.  Day trades are more risky so for the meantime since you are new, refrain from doing it and instead try to study on how to do long term trades or should I say, buy + hold + sell + then repeat.

The goal is to; buy low and sell high but don't take that's as an easy thing to do. What you need to do is to find recipes on how will you achieved that goal. So yes, it's a must that after learning some basics, you need to do an actual trade and test it out. Find your winning strategy and on the way you it's possible that you will lose. But that lose can be your reference for your future action on trades so just continue to build your own trading experience.