Post
Topic
Board Trading Discussion
Re: Binance day trading [btc]
by
Bitcoin_Arena
on 02/12/2018, 15:01:27 UTC
Don't know why now the market is more stable and I see the downward trend is not visible from yesterday, then the daily trade depends on how you manage your information. What I do for btc trade is almost the same as you, see what value touches low price, speculate what percentage of increase and decrease.
Market has been actually volatile lately, something good for the day traders. The stability you are talking about was there about a month ago where there we barely any bullish or bearish movements

Day trading in Binance is kinda hard nowadays because of this bear trend. But long term trading is still the best way to trade in crypto.
Bearish trend is also necessary to make profits. Without the bearish trend you won't be able to buy the deep... i think sometimes as day traders, we have got to be a little patient until the price reaches our sell target.