Post
Topic
Board Trading Discussion
Re: buy fast and sell fast
by
leonix007
on 13/09/2018, 13:12:07 UTC
this strategy is really beautiful and good enough to reduce the risk of loss, but to do a quick buy and sell quickly you have to think back with the market tax don't forget the market tax,
Yes that is true, if you have large capital, it is advisable to trade quickly. because buying fast and selling fast is very profitable if you have large capital. but it's also very risky. so utilizing a moment is the key to success in trading.
But i think most of the people here do not prefer that strategy because of the high volatility of the crypto coin that they want to trade.The price today might be very different for tomorrow's price so since traders aim for a huge profit,they should see to it that the price when they will sell the coin is much bigger than the price they had bought it.

If you do that kind of trade more often, Its what you called a scalping

its more risky than swing trades

Doing a lot of trades in a day has more room for errors

however if you get used to it, and knows what you're doing its very profitable