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/biz/ - Business & Finance

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4282128 No.4282128 [Reply] [Original]

>tfw becoming some kind of day trading demi god


Where were you when some internet shitcoins saved your life from wagecuckery and poverty?

>> No.4282150

>>4282128
i love ai-chan
no alt-coin has made me anything yet, i keep /biz/zing

>> No.4282173
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4282173

>>4282150

you need to spend less time bizzing and more time studying, anon

>> No.4282248

>>4282173
how do i study the market? what are some key features to look for?
i've started writing a piece of software to do analysis on altcoins via the bittrex api but i have no idea what is of actual interest when it comes to the data
i mean sure plot the price over time but what else? buy orders, sell order? derivative of price? second order derivative of price?

>> No.4282259

>>4282173
What do you usually day trade? Just so i can dump on you

>> No.4282327

What's a good exchange for day trading? I assume you need to have instantaneous trades to be effective. Are some faster than others?

>> No.4282345

>>4282327
Bittrex and Binance work fine for me.

>> No.4282353

>>4282345
Which do you use for what?

>> No.4282381

Studying mean nothing. During recent ico's only one got a good flip and it's confido. It's not the best coin at all and studying would make no difference. This is luck. Spread your money on ico (at least good ones) and pray for a flip. Big ico projects are over for now (like req, link,cindicator)

>> No.4282403
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4282403

>>4282327

bittrex has a billion different shitcoins and high volume, so use that.

The only real downside is that is has the highest fees

>>4282248

I'm not going to tell you any of my hard earned strats, but learning how to read price action is a great starting point. There's plenty of youtube videos on the subject

>>4282259

>What do you usually day trade?

I have a few allstar shitcoins that respect my rules nicely, but I usually just trade whatever is currently high volume/active.

>> No.4282423
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4282423

>>4282381
>Studying mean nothing

t coinlet

>> No.4282461
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4282461

>>4282403
wtf is price action

>> No.4282485

>>4282461

literally 2 seconds in google, anon-sama

>> No.4282508

What's a good site for monitoring prices in real time?

>> No.4282545

>>4282508

tradingview has almost every crypto as well as the entire stock market

>> No.4282571

>>4282128
low volume trader

>> No.4282577

>>4282545
thanks

>> No.4282845

>>4282128
how much time do you spending usually daytrading?

I have a full-time job and it's hard to find time for crypto

>> No.4283021

>>4282128
> I just want to earn $80 a day to finance my life
> Have $1500 to speculate

How do I not lose money but gain during day trading

>> No.4283096

>>4283021
Check out ripple. It is moving between $0.20 - $0.22 USD pretty steadily. You can make about $80 with $1500 "if" you can buy at 20 cents and sell at 22 and repeat.

>> No.4283110

>>4282248
>s via the bittrex api but i have no idea what is of actual interest when it comes to the data
>i mean sure plot the price over time but what else? buy orders, sell order? derivativ

why the fuck would you do any of this shit. this isn't your fucking calc 1 class.

start off with plotting the longterm and short term emas and learn about mean reversion.

>> No.4283244

>>4283110
ok thanks