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/biz/ - Business & Finance

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8927575 No.8927575 [Reply] [Original]

Anyone who tells you daytrading is a meme just sucks at it. I made 2 dollars per coin in this low risk trade, bought at the small green arrow sold at the red arrow. I do this every time. I just look for this same pattern and repeat it over and over again. Doesn't take a genius

>> No.8927602
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8927602

>>8927575
What would you say if I told you its not that fucking easy?

>> No.8927610

>>8927575
this. hodling is a meme, short term trading is the only way to make consistent gains through bull and bear market.

>> No.8927618

>>8927602
you just gotta keep at it, i wasnt good at first either but i almost 3x my btc stack since march just short term trading.

>> No.8927709

>>8927602
But it is though. All you're doing is looking for bullish patterns, buying close to support, and hoping it goes up. If it does then lit, if it doesn't you cut your loss and move on. Because you're buying close to support, you can eat many losses and still be a profitable trader. I did nearly the same thing on THC but my buy order didn't get filled. I'm currently in a bad trade on XVG and yet I'm still up money because I sold half my position while I was up a little in order to lock in profits. Even if it goes down past my stop I'll still have made money on the trade. It's hard to see the arrows in the pic but you can see it. Also you can see my trade from a few days ago where I bought the dip of the panic selling

How do you get to carnegie hall? Practice

>> No.8927720
File: 359 KB, 1440x2560, Screenshot_20180416-083448.png [View same] [iqdb] [saucenao] [google]
8927720

>>8927709
Pic didn't upload

>> No.8928050

Isnt it tricky to compare your wins losses if its not USD paired?

>> No.8928500

>>8928050

Yes

>> No.8928597

OP - do you go for particular % targets for selling or just see how it goes?

Your OMG trade, where was your Stop, how far below the support we see there?

I'm interested and I have made many successful trades myself, but overall I can't escape the fact that I don't profit from it on balance, and I'm also aware that the VAST majority of traders are the same.

What time frames do you use, hourly? Do you sit at home and trade or just scope the charts once a day, like?