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Anyone else day trading?

  • 30-12-2017 10:19PM
    #1
    Autochange
    Banned (with Prison Access) Posts: 1,615 ✭✭✭


    I've been using profits for day trading on Binance. It can be very stressful trying to get on a pump. I managed to go from adding about 40% to my original investment to losing more than half of my cash.

    How are others doing?
    Anyone using any sites or info?


Comments

  • #2
    Ablork
    Registered Users, Registered Users 2 Posts: 21 ✭Ablork


    Autochange wrote: »
    I've been using profits for day trading on Binance. It can be very stressful trying to get on a pump. I managed to go from adding about 40% to my original investment to losing more than half of my cash.

    How are others doing?
    Anyone using any sites or info?
    I thought about doing this as ive made money in xrp and dont see it going past 5$. 10k invested in a coin with a 12-15% increase in a 24 hours would bring a nice income through day trading. interested to see what others are thinking.


  • #3
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,517 ✭✭✭✭GreeBo


    Anytime I have tried I have lost money.
    Diversified hodling has made me quadruple my cash.


  • #4
    The One Doctor
    Registered Users, Registered Users 2 Posts: 2,322 ✭✭✭The One Doctor


    Yep I do day trade, however with the recent correction things have slowed dramatically. I have made money, but I'm switching to trading ETH and BTC pairs instead of fiat as it's more profitable in the long run. I'll be holding a number of coins, long and short term (hours/days/years, depending on the profit). I'm slowly building a list of dos and don'ts, but mainly I'm using the QFL method, which works quite well. Patience and emotionless trading, they are the key.

    I haven't traded over Xmas but it's back to (enjoyable) work on Jan 3rd.


  • #5
    reni10
    Registered Users, Registered Users 2 Posts: 1,137 ✭✭✭reni10


    Do you have details on the QFL method?


  • #6
    joxers25
    Registered Users, Registered Users 2 Posts: 199 ✭✭joxers25


    reni10 wrote: »
    Do you have details on the QFL method?

    The Good Doctor posted here:

    https://www.boards.ie/vbulletin/showthread.php?t=2057818053


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  • #7
    chakotha
    Registered Users, Registered Users 2 Posts: 912 ✭✭✭chakotha


    Have ye come across Quickfinger Luc's vids? He has some enthusiastic videos particularly Ethereum.

    https://www.youtube.com/watch?v=vgcFe_XO_LQ


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