RE: A quick 1.45% Gain Explained

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A quick 1.45% Gain Explained

in cryptocurrency •  7 years ago 

Hey! Awesome read, thanks for posting! Quick question - why do you use Stochastic RSI vs. standard RSI? Would there ever be a case where you would prefer to use normal RSI?
Thanks

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Hey thanks man! I use stochastic over RSI when I am day trading and doing quick flips. It will show when the price has turned. I do use RSI but that is typically for longer term holds and as another indicator. When a coin is over sold or over bought that is a good indication to buy or sell. Most of my recent trades though with the given market conditions have been quick in and outs for small gains.

Thanks! Really insightful!