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RE: A new Game is coming out similar to CryptoKitties.. This time you could be first in

in #trading7 years ago (edited)

Hi Luc, a little off topic but Im really curious.. would it be a bad idea to leave day trading buy orders on overnight?

I have a feeling Ill miss my sell window and it will just collapse by the time I wake up, so I just cancel all my buy orders when I want to go to sleep...

Anyways yeah... leave buy orders on overnight or cancel them? (specifically "account builder" type orders)

Edit: In fact, leaving my computer in general seems kinda sketchy... I have alerts set everywhere but who knows... Am I right in assuming that day trading is specifically meant to be done sitting in front of the computer constantly monitoring every trade?

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Im always leaving orders overnight.. I trade the chart, so when I put an order in, to buy or sell, its only on a good place on the chart.. so it often executes for me while I sleep..

Thanks! One more question, about holding profits... I have currently tons of these little crappy coins that I've been trading and they're not really worth anything... Should I just keep them? Or should I only focus on holding the better coins like XMR, XRP, etc...

$100 in, $100 out, 100 ITS coins left over... wtf is ITS? lol
I feel like having the extra 0.001 ETH would be better than having 100 ITS coins...

Do you keep all your junk coins or do you only hold onto the big names?

Best advice is to NEVER MARRY A TRADE. If you have no reason to believe that you should hold a position, GET OUT and move your funds to something that is moving or has better potential.