Post
Topic
Board Service Discussion
Re: Best exchange for daytrade?
by
Armis
on 28/06/2014, 19:38:05 UTC
Howdy!

What's the best exchange for daytrade? Have around 50 BTC to play with. Should I go for highest 24h volume? Can I trust Bitfinexs volume?

Thanks

Just send the first 50 people that reply 1 BTC each instead.

Why? Because if you daytrade it, it'll be gone inside of a year.



I think you are really stoned and trolling much at the moment.


What he told you is very true; even though it was provide in a crude way.  Yip Yip said the very same thing in a very diplomatic way.


Here's my advice, have an exit strategy,  1 exit tactic for a trade, 1 exit tactic for a position, and 1 exit tactic for the day. 
You have got to know when to pull-out of a bad trade, when to stop feeding a bad position, and when to quit trading for the day;
without a comprehensive exit strategy for loss you will go the way of 97% of daytraders -- to a day job.