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RE: How to Day Trade CryptoCurrency - Binance Day Trading - Day Trade Crypto
When you day trade is it better to use the 1 or 5 minute chart? Also, what's your stop loss set at as in percentage to your buy order? Well stream btw and as a starter to this whole cryptocurrency market, I have learned most from you and your daily uploads such as reading the charts and knowing when to get in using different indicators.
1min is too low as it reflects random price movements and "noise" in the market that can trick you into thinking a move is happening. Saying that I have seen people trade 1min and be successful but it takes alot of skill.