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RE: Splitting cold wallets and trading BitcoinCash + Coinbase has issued an update

in #trading7 years ago

you are entering the realm of daytrading.. if you scale down to smaller charts like 2 weeks worth of data, then you have to scale down to 15min or 5 min candles, to get a clear picture of how reliable the small panics are.. But remember that the % of profit will be smaller, which means more risk.. Thats why I stick to 1hour candles and 1-2month charts, so that the set ups are very reliable and the % of profit are bigger.. But if your comfortable with more risk, than it is very doable to trade 5min charts on a very active coin.. you just have to be fast at taking small profits