Quote from: jrrsparkles on March 28, 2018, 01:46:34 PM

Quote from: gaurav@zup on March 28, 2018, 01:43:04 PM

That is called DAY Trading and in crypto market daily gains of 1% to 5% is very common , specially in this stagnant market conditions.
Use of RSI , Stocastic RSI , bollinger bands helps in buying low and selling at top and this type of trade can be done in cyclic manner and is really fruitfull when trading is bigger amounts.

But day trading are more riskier and you can't expect stable income of 1% return from your investment if your are more skilled trader you can make it but it not possible for the newbie as the OP himself said he is newbie to trading.BUt he can try it but never invest the money more than he can afford to lose.

I am seriously confused what OP is asking here.
Day trading, swing trading, trading-bot?

As per my understanding swing trading refers to a style of trading where you buy at the start of an uptrend and then sell once a resistance is hit.
So you sell after only a fraction of the uptrend is finished.
Then you buy back once the price bounces on the next support and ride the way up till the next resistance, where you sell again and rebuy at support/pullback zone.

This style of trading is usually used when one does not want to sell out of said asset but also wants to increase their position or take profit while the uptrend continues.

I personally have used this style together with double up (you buy more of a coin that went down greatly to decrease your break-even) successfully in turning bad trades into profit again.
But be warned, this style is much more complex than just riding the whole uptrend and then selling once it is turning to a downtrend.