How Crypto Day Trading Works
TCW Token holders and investors need to understand how this trading system works, which are:
Scalping
This strategy will focus on small price changes in the crypto market. So traders should sell crypto assets as quickly as possible. You also need to have precise and accurate information, because this strategy depends on the total trading volume.
Range Trading
If you use range trading, you can define the price range in the market structure. Trade crypto assets only within that price range until the price is outside the range that was created.
Determine the Schedule
It is very important to be able to determine the right moment in the trading process. You can adjust the schedule that can be used in trading. While this idea is for the whole day, it is flexible and can be used overnight.
You also need to determine the right time so that you can manage the risk. The more disciplined you are, the more success and benefits you will get.
Starting with Small Capital
There is a risk in every trading strategy you run. Therefore, you can start with a small amount and gradually increase your capital.
You also need to determine the margin or leverage to balance and improve your trading skills. Leverage itself is a projected risk as an opportunity.
Once you understand crypto day trading, you can run all the ways it works so you can maximize profits.