Quote from: Oilacris on December 21, 2018, 01:02:36 PM

Quote from: Ziskinberg on December 21, 2018, 11:14:16 AM

Quote from: LuvCyanide on December 14, 2018, 10:01:28 PM

If the market is growing very profitable to make short-term transactions, otherwise in a falling market, we can lose money using this strategy.

We can actually do this regardless of the market situation, buy it needs the right timing and you should be monitoring every movement of the coin you like to trade. One who want to be successful with day trading must focus on what he is doing because every movement is crucial and you should also be aware of the factors that can move the price, such as news and speculation.

Every second counts or any moments would really be an opportunity for you to make money. Time is crucial when you do make active trades.It does really need some timing
and somehow your skills would be tested on how you would make such decision on when to get in and to get out.

Buy fast and sell fast is really easy to say but when you are already on the actual situation executing such basic move would be the hardest one.

Yeah it will test your skills and of course your patience, you have to do monitor and analysis when to buy and sell and that can be seen from the strategy to read the chart that you will use, but not all your predictions may be correct, thats why it tests your patience also