Day trading help

In case you are not larping, you'd be the richest man in the world in 2.5 weeks with 150 billion, if you assume trading 10h day, 7 days a week and 10% per hour return.

no wonder your'e a failure
you can't even make a good larp

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>nigga
>buying your girl things

faggot

This. You need to look at it as percentages and not dollar value. 3-6% on a 10k position every day is excellent money.

This is a fool who is lucky. He would not maintain consistent gains over a long period of time.

Trade with your play money OP and then when you have a verified strategy and decent winning percentage, as well as discipline with exiting bad positions, put real money in and you can pull in better dough.

also if you want actual advice trade on the 2hr to 4hr charts if you insist on "day trading", using lesser charts only to supplement your trading decisions

you'll make a few trades a week with most being profitable. you can make 10 percent or more a week if you're good at it, and trust me those percentages eventually add up.

I just need to turn this $300 into 2k at any cost

What if I’m cyclitic trading though? Bouncing around from different coins

No fap board. Looks like an ugly ass fucking foreign tho so doesn't apply

How much time do you have? The only chance is bitmex and that's going to be a huge gamble.

All day everyday. I’ve got 50K USD I’m just testing out my strategy with $300 first

Sometimes I feel like these idiots don’t understand I’d be trading alts worth .07cent it’s totally possible to make $20-$30 an hour in the day trading alts

If you have 50k why are you trying to hard to turn 200 into 3k?

What is the equivalent option/trading method of "long 100x, stop loss at x amount" in Binance?

Cuz I don’t want to tap into my fucking savings lol why else

It seemed like you were in a rush
>at any cost

How experienced are you with trading? What's your current strategy?

Not in a rush but I wanna take my gf on a vacation, not pic related lol but still true. My only strat is to trade high volume coins with a low price like .7cent and do it all day long and try and make at least $50 a damn day. Buying atl and selling ATH or just at a decent profit

holy moot you are all so new it's laughable
>still trading
buy, wait, profit, repeat.

then do it.

with $300 that is assuming you can find sub 10 cents alts that
a.) even have enough volume to day trade with, most of those coins have less than a few thousand dollars running through them per day (so under your plan you'd be running into major issues within the first week)
b.) increase by 10 percent an hour

again your best option is to trade on the 2 - 4hr charts and just take 10% profits each week until it adds up.

It sounds like you have a lot of learning to do man. You come across really new. This isn't as easy anymore. If you came last year you probably could turn 300 into 2k in a relatively short time.

First of all, realize that the price of the coin doesn't matter. You keep fixating on that, but it's not necessary. Percentage is all that matters. Go peruse through the charts and find a coin that ranges. Fun is usually good for this. Buy low sell high.

>Buying atl and selling ATH or just at a decent profit

Okay I see this as one of two things. If you think you're going to buy every bottom and sell every top, get that out of your head right away. That is classic noob trader foolishness. Now if you're saying that you're setting buy orders on the daily low and trying to sell on the daily high, that's better. However I wouldn't suggest being so greedy as to sell at the daily high as there's no guarantee price returns to those levels. But yeah setting lowish hail mary buy orders and getting filled is a legit money making strat.

Maybe I’ll try that. I usually use the 5m chart when play trading I’ve just been doing it in my head for awhile and seeing how much I could make but I was doing at least $18 a trade profit which isn’t bad if I did that all day I don’t see why I couldn’t make $100 or $80 a day? Idk what I’m missin here my math adds up

This is the best advice you'll get

I get your point totally. But it does matter because if I’m buyin 7cent coins I’ll get more coins which = more profit doesn’t it? With less money the cheaper coin adds up

Agreed. I’m just gonna jump and if it works I’ll be back here talking shit to all of you plenty

One final thing. Keep a spreadsheet to track all of your trades so you know objectively what works and what doesn't. Track your statistics.

No lol. TRX is like 5cents and BNB is $13. BNB has had greater % swings the last few days. Go get the trading view free trial for better charting.

I think we all did this when we started, and yes the math may add up in your head but it almost never will actually add up in practice.

In reality you're most likely filtering out bad trades, which is extremely easy when you dont have any money in it. I know that's what my main issue was when I play traded. Listen to the other user who said to put a little in and play around with it until you develop a strategy, that works extremely well.

Alright thanks I’ll put $300 and just see

play the low-cap alts with super thin books on cryptopia and hitbtc if you don't have much capital.

They have huuuuuge percentage swings.

If I have more coins and percentage swings are good I’ll make more obviously then if I put $300 in Eth or BTC though right?? Idk what I’m missing here

get in soon because it looks like we're about to enter an up trend.

but good luck user I hope you make it

that'll cost you $300 my dude

keep track of 5-10 coins/tokens you think are undervalued based on fundamentals. only trade those.

keep close track of the ratios between these coins. when the one you're holding seriously outperforms another, swap your holdings into it. do this every single day or even multiple times a day.

if you monitor the ratios between coins/tokens closely enough you begin to detect patterns. use the charting function on tradingview and make your own charts of ratios between coins. binance only lets you see /BTC and /ETH pairings, but there's a secret - what if you traded LINK relative to REQ, or NEO relative to QTUM, or KNC relative to ZRX?

not every swap will be perfectly timed but you will eventually get there. it just takes time and focus. don't try to swing trade relative to BTC or ETH - swing trade relative to other alts that you would be glad to accumulate.

good luck.

95%+ of traders can't beat the market return. I'm 99,999% sure you're you're part of the 95%+. Day trading is something that takes YEARS to get good at. Go work at McDonalds instead.

I hate to tell you this, but your girl has a penor.

I don't think that really applies to a market that increases 1000% then crashes 90% multiple times a year.

That’s what I’m saying this market is so volitiale ifs literally the perfect day trading storm. I guess I’ll just have to see for myself because when I ask BIZ I get conflicted awnsers all the time

Exactly, you'd only have to make one well timed trade to beat the market by a huge margin.

People who can't trade like to cope by saying it's almost impossible.

It's very possible. Infact its easy as hell in crypto.

How about a job? tf. Do retail arbitrage on Amazon and ebay. Getting 1700 together is not very hard

That’s how I feel. It’s nkt easy but it’s not hard unless you’re a fucking retard imo idk I gotta see for myself I guess

I have a job dumbass the point is who wants to wage cuck forever I want out I want my own thing I wanna daytrade and make my own hours god you fucks on here irritate me sometimes you think I have $$$ Because I’m jobless?

the inverse is also entirely true, one poorly timed trade and your underperforming by a huge margin

day-trading only increases your trade volume thus increasing the probability of making a poorly time trade.

This Anons got a point science doesn't lie

I can’t wait to shit all over yours and BIZs logic

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Low price coins does not equate to mcap. Knowing not even something this basic and yiu want to trade. Well good luck because youll need it.

>"and make my own hours"
AKA waking up at 5 am because faggot whales make it a habit to pump your favorite shitcoin then

You’re an idiot. If I put $300 into a .07 coin I’ll get more coins you fucking retard so when I flip it’ll be more profit

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You're just having a laugh, right?

If I put 5BTC under your mums pillow she will be more profitable fVgot

lazy troll 0/10

You’re gonna lose your $300

Do small trades that earn 1%. Do it until you get 10% total. That would be $30, but will increase over time if you add to that $300. Might take all day to get 10%, but it will be worth once you get a lot of capital.

Let’s face it. That $300 = 30+ hours of your time

You're a dumb, poor nigger. You are broke cause you send all your money to some cam whore? Just get a job and get off Jow Forums

But let's say it were instead $30k he used, That means 30 hours got him $3k. $100/hr ins't too bad.

This. You’ll need more capital than $300 to get a profit that’s worth the time, but if you do have a lot of capital, it’s completely worth it.

I've gone from $3k to $15k. I like to think if I ever get to $50k I could use about $25k to trade with. But I'd be nervous as fuck.

Day trading crypto sucks now unless you are willing to buy a VPN and trade the rips and dips of Bitcoin with 25x leverage.

Its all about HODL Verge right now and then HODL other good coins, look up WPR (WePower)

It seems completely worth it because you are talking about outperforming professionals by 40x. In reality what happens is they take all your money.

Save up by investing in the mid to long term in good projects, then once you have 10k that you wanna use day trade with that. 2-3% profits daily is fucking easy, you just need high volume coins and you're making an easy 200-300 a day.

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doing this:assuming 10% per week, it would take you 20 weeks to reach 2k:
300*1.1^20
=$2,018.25
You're better off working and saving some more money before day trading desu. But use that formula in excel to see how much you can make off compounding interest.

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Yep. This. And don't even think about margin until you're rock solid without it.

If it was that easy OP, there'd be no wagies

100X leveragew and pray to rngesus

user, you sound like the kind of shark we don't need in our kiddie pool. i seriously hope you don't follow this plan, you'll be taking my lunch money. just too smart