RE: Trading Bitcoin to Increase your chances of success (Beginners) Part 1

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Trading Bitcoin to Increase your chances of success (Beginners) Part 1

in bitcoin •  7 years ago 

Yes, I hear ya. Where I'm going with this is it improves your probability of being successful in the long term if you're trading in tight markets. For example, if you trade Apple stock, it has a penny wide bid and ask, so you can enter and exit trades without having to worry about loosing money there.
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But if you wait around until after-hours trading, when volume and liquidity decrease, spreads increase, and you can buy AAPL cheaper (if the trade executes). That's my favorite time to put in orders just in case someone wants to dump stock and is willing to sell below what it's worth.