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2023-11: Warosu is now out of extended maintenance.

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56761684 No.56761684 [Reply] [Original]

For daily trading, is it better to use 4h or 1h candles?

>> No.56761689

>>56761684
What are you trading? Drugs?

>> No.56761693

>>56761689
Crypto

>> No.56761697

Youd make more profit selling vapes to kids.

>> No.56761699

>>56761684
1min and 1sec, lots of drugs, high leverage, no sleep

>> No.56761713

i just buy low sell high
works everytime
started with 5k in 2018
worth about 300k now

>> No.56761730
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56761730

Neither. Use past highs and weekly trends to identify local highs and lows. Buy and sell accordingly.
For instance, I'm going to buy XLM at $0.11 today and I'll have it sold at $0.13 before the weekend is over.
Is this weekend the weekend when XLM specifically dumps to $0.08 and dies?
Unlikely, considering history.
Works on my wallet.

>> No.56761805

>>56761730
By weekly trends do you mean weekly candles or something else?

>> No.56761829

>>56761805
By weekly trends I mean to say that there is always a Friday pump and always a Wednesday and Thursday dump, to the same 30 top tokens every week.
It may be more or less one week but it always happens unless there's news hype carrying a narrative.

>> No.56761836
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56761836

>>56761829
Okay just put an 32k xlm order on 0.11 at binance let's see if you are right

>> No.56761851

>>56761836
Do note that XLM is prone to being a slow boy.
You might be holding this for two weekends for a decent payout, or for BTC news since XLM follows BTC pumps but it will happen. Just gotta wait.

>> No.56761884

>>56761699
>lots of drugs, high leverage, no sleep
what? why?

yeah use 1 min and 1 sec but all you have to do is make 1% profit a day. just buy relatively low and sell relatively high.

hey presto you're a day trader

>> No.56761943

>>56761884
>just make 2321.01% return/year bro

>> No.56762213
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56762213

>>56761693

>> No.56762454

>>56761943
No, dummy. 365% return per year, because you make that 1% a day and cash it out.

>> No.56762455

>>56761684
it depends on your trading style, If I were you I would be using 3h or 6h candles

>> No.56762463

>>56761693
How about you stop trading kitty and children coins and grow up instead? Just short the real estate money right now and get rich in 2024