Post
Topic
Board Speculation (Altcoins)
Re: I am a HODLer, but want to try day trading starting with $100.
by
Poink
on 27/02/2018, 16:28:46 UTC
I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?

Thanks!

- Start with a good exchange (this is very critical)
- Look for a good (research) and relatively active coin (consistent high 24 hour volume)
- Market cap is not important but coin count is...avoid high qty coins if possible
- Watch/monitor the charts
- Avoid "flat" graph coins...look for very erratic behavior...those are your buy/sell opportunities (unless you want to jump from one coin to the other)
- Do not pressure yourself to buy or sell (i.e. do not have a fixed time period)
- Do not be greedy, collect those 20% or so gains and be happy Wink (see below).
- Set a goal and act once met (deviate only when TA=technical analysis permits).
- Remember the mantra; buy low, sell high

Good luck!