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

in #cryptocurrency6 years ago

When you day trade is it better to use the 1 or 5 minute chart? Also, what's your stop loss set at as in percentage to your buy order? Well stream btw and as a starter to this whole cryptocurrency market, I have learned most from you and your daily uploads such as reading the charts and knowing when to get in using different indicators.

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1min is too low as it reflects random price movements and "noise" in the market that can trick you into thinking a move is happening. Saying that I have seen people trade 1min and be successful but it takes alot of skill.