Looking forward to seeing how the portfolio goes when it is up and running @aghunter. If I keep following your posts I'll be an expert by the time I have some cash to invest!
What sort of time commitments are generally involved with this type of trading? I have virtually no spare time at the moment, so I'm just holding steem. I don't know that I could ever commit to day trading, but it sounds like using stop loss orders would take away some need for monitoring the markets 24/7... is that right?
Hi @BOTB,
Not that long. I am not into day trading, this is more about setting up a buy and hold strategy with a bit of protection in case the market goes against you. If you used and automated market like binance or poloniex where you don't have to monitor the price yourself, I would think about 20 mins week would be enough.