Post
Topic
Board Trading Discussion
Re: Bad time to get into daytrading?
by
Thirdspace
on 06/09/2019, 14:23:11 UTC
Every time I put my money in it would start to go well, all the indicators pointed to success then all of a sudden it would plummet out of nowhere. I'm wondering is this a bad market to start learning to day trade in or do I just need more practice. Also any tips?
you waited too long to realize your profit, at least you should set stop loss
you are better off aiming for small profits often, rather than trying to make big profits but ending up with a loss

... when it comes to crypto markets I think Day trading is not good for it. Because crypto is newly established industry where volumes and liquidity is not enough to trade on daily basis.
I have to disagree with your opinion, you must've picked a wrong/dead coin
you should trade a well known coin that has a good volume and liquidity