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RE: Introduction video: my new Trading Video Series for Steemit

in #trading7 years ago

hi,luc. I watch every single video you uploaded evryday.Each time i got something new.With that guy's mind set of trading one stock.I was trying to get every single percent of bouce in ETH.But.....the fee is 0.3%in 0.3%out...that means if I trade with a size of 4000$ each time 1%bounce in and out cost around 20$ and income = 40-20... luc I am confused...am I wrong? That guy trade 150$ stock,every 1$gain is ...less than 1%....ah.. I was dreaming of I take 10 times 1% in ETH a day is easy....means every week i can almost double my account...but now...that dream wont became real....if you have time..pls reply this major problem I have , Thank you sincerely.

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I'm still new too but doesn't that mean you simply want to make more than a .6% gain to make a profit? (A trade in and out of .6% would break you even) or in your analogy if you consistently traded a 1% gain then your account would grow by .4%

yeah, I know, that makes a little bit harder to day trading.

That's exactly why I've been only day trading on GDAX using limit orders, which have zero fees. I'm new to this, also, and have to learn if there are other ways to trade other coins cheaply.