How to Find Good Day Trading Coins?

  • I’ve heard that finding a good pick for the day is most of the work.
    HOW DO YOU FIND YOUR COIN FOR THE DAY? WHAT IS YOUR PROCESS?

  • I’ve heard that you want to find coins with a lot of volatility.

  • I’ve heard about the VIX bitcoin volatility index.
    HOW DO WE QUICKLY SEE THE VOLATILITY OF A VARIETY OF ALT COINS? Is there a tool? A source?

  • Volume and liquidity are key. So only choose big name coins and pairs with a lot of action. Many terrible coins have high volatility but low volume which makes it easy to get trapped. Lesson: Only trade with popular coins.

  • I assume we want to focus on a coin which is uptrending for the day.

  • I assume that there is at least ONE good coin worth day-trading each day – and that there is a timely way to find it. Again… what’s your process?

  • I believe we can still profitably day-trade during a bear market. Does anyone have experience successfully day-trading in a bear market OR down-trending coin? If so, HOW DO YOU DO IT?

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Where do you find your trenders? Is it just picking one randomly from the top daily gainers, or do you seek out news (if so what kind - I used to look for mainnet launches but decided they were a bit lack luster).

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How do you pick your 20?

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Whaleagents can provide you with a great picks on a daily basis
they have a free Telegram channel

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anyone trading ETH today?
Dano? Is ETH on todays coin pick?

I keep asking mate…but how many crypto monitors do you run?

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Yes mate… I am always interested in pro traders actual “tradestation” set ups…
2 monitors was what I meant… :+1:
I think I could get away with 2 27" and a laptop…trading on just a laptop is nigh on impossible for me.
:beers:

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