Hello guys!
I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.
I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.
I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.
The basics of buy low sell high at a right time. Win or lose, it was fun!
Hey, getting profit is always fun and actually trading is a bit addictive because i see that there is a problem called overtrade.
But to see that our account is growing everyday by daytrading is a very wonderful experience.
Yeah, it is a wonderful experience, but to also see your account crying blood at the end of it all is also a horrific experience.
I am not saying there is no possibility that you can make huge money from day trading, but I always like to reiterate it for newbie sake that it is not as easy as it looks and you really will want to be daytrading a market that is not extremely risky and volatile, which brings me to the volume aspect.
You have to be in a good market and not just be busy thinking you are having fun in a market that can zap in a minute and also, you really should be considerate of your strategies as well as they are very important. Day trading is not fun in itself, it is a huge job and the fun part is only when you are seeing your wallet grow and you do not want to see the other side of it.