RE: How to Day Trade CryptoCurrency - Binance Day Trading - Day Trade Crypto

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How to Day Trade CryptoCurrency - Binance Day Trading - Day Trade Crypto

in cryptocurrency •  7 years ago 

Initially I faced a good load of losses when i started Day Trading. however, I know it now, and I am saying this from my past experience.

  1. Only Day trade on Currencies you personally believe in.
  2. Take a small profit and get out. Don't push your luck.
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Solid advice, getting greedy is when it goes from trading to gambling.

Especially #2, your much safer, and better off to grab multiple small wins rather than trying you hit a home run every trade.

Also, take small losses. One thing people often dont do and end up holding on and pulling out with a massive loss.