Questions
TagsAre there any recommended tick chart settings for day trading cryptocurrencies?
BaccariMar 19, 2022 · 3 years ago1 answersWhat are some recommended tick chart settings that can be used for day trading cryptocurrencies? I'm looking for specific settings that can help me make better trading decisions and maximize profits.
1 answers
- At BYDFi, we recommend using a tick chart with a range of 10-20 ticks per bar for day trading cryptocurrencies. This range allows traders to capture short-term price movements and make informed trading decisions. However, it's important to note that tick chart settings are not the only factor that determines success in day trading. Traders should also consider other factors such as market trends, volume, and indicators. It's recommended to experiment with different tick chart settings and analyze their impact on your trading performance.Mar 19, 2022 · 3 years ago
Related questions
- 95
What are the tax implications of using cryptocurrency?
- 89
What is the future of blockchain technology?
- 78
How can I protect my digital assets from hackers?
Load 5 more related questions
Related Tags
Hot Questions
- 95
What are the tax implications of using cryptocurrency?
- 89
What is the future of blockchain technology?
- 78
How can I protect my digital assets from hackers?
- 77
How does cryptocurrency affect my tax return?
- 75
Are there any special tax rules for crypto investors?
- 61
What are the best practices for reporting cryptocurrency on my taxes?
- 46
How can I buy Bitcoin with a credit card?
- 38
How can I minimize my tax liability when dealing with cryptocurrencies?