09-21-2021, 02:05 PM
I tried day trading for a week
<!-- SC_OFF --><div class="md"><p>After years of DCA + hodl and taking profits every now and then, I decided to try day trading "to speed things up" </p> <p>I engulfed myself in scalping strategies, learned about the fibonacci sequence and watched numerous videos about so-called safe trading strategies.</p> <p>I set aside $5000 for day trading and loaded some coins into FTX. First few trades went fine, then the fun was over and it was all losses for 8 straight trades.</p> <p>My $5000 is now worth around $3000 and I'm furious that I even thought about trying this.</p> <p>Yeah, I'm back to DCA + hodl.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Onnar"> /u/Onnar </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/psfrjp/i_tried_day_trading_for_a_week/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/psfrjp/i_tried_day_trading_for_a_week/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>After years of DCA + hodl and taking profits every now and then, I decided to try day trading "to speed things up" </p> <p>I engulfed myself in scalping strategies, learned about the fibonacci sequence and watched numerous videos about so-called safe trading strategies.</p> <p>I set aside $5000 for day trading and loaded some coins into FTX. First few trades went fine, then the fun was over and it was all losses for 8 straight trades.</p> <p>My $5000 is now worth around $3000 and I'm furious that I even thought about trying this.</p> <p>Yeah, I'm back to DCA + hodl.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Onnar"> /u/Onnar </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/psfrjp/i_tried_day_trading_for_a_week/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/psfrjp/i_tried_day_trading_for_a_week/">[comments]</a></span>Kind Regards R