Post
Topic
Board Trading Discussion
Re: Learning to trade
by
Darooghe
on 07/01/2020, 17:57:54 UTC
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry
For one, understand you cannot win every trade but strive to won't 40%+ when starting. Understand stop losses. If you trade on exchanges with just limit and market move to swing trading. Ideally you want to limit each trade to under 5% of your day trade portion. Understand buy and sell ladders. Set price targets, take profits sooner rather than later. Don't trade low volume coins, stick to higher volume at least 200+ btc. Don't rely solely on one indicator or candlesticks alone. RSI and MACD are useful for entry exits. Never try to trade multiple coins at once.