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+--- Thread: how to prepare for live trading (/thread-1487.html)
how to prepare for live trading - ankasem - 02-14-2018
hi all
how to prepare for live trading
how the coin situation we trade
(stable, medium playful, very playful)..........?
(near the bottom, rising trend, rising)..........?
how to prepare gekko
data download, test, paper trader, market watcher,good strategy all done
(for maximum efficiency)
what are the points we should pay attention to
When we start live trading with Gekko, what should we pay attention to
Apart from our desire for internet, power cuts.....
when we start live trading, (gekko) stops what can we do
I use old information when I restart after gekko stops
I must start everything again
---------------------------------------------------
after starting live trading
Can I add to the coin pair I trade
profit report is affecting buying and selling in live trading
Thank you so much
RE: how to prepare for live trading - susitronix - 02-14-2018
Yes you can add some to your pair on a liveGekko.
I startet mine when the market was low BECAUSE:
Found out that it works well when starting with currency instead of asset.cheers!
Only the profit report would be messed up enything else seems to work fine,
since gekko checks the balanes befor every trade.
RE: how to prepare for live trading - cashboxcapital - 03-08-2018
Day trading is making short-term trades, lasting less than one day, in an attempt to extract a profit from the financial markets. Some day traders are very active, making many trades each day, while other traders may only make one or two trades per day. The most common day trading markets are stocks, forex and futures. Day trading can be a part-time or full-time career, depending on the trader's style.
It can be lucrative for some, but the long-term success rate is low.
There is a lot of hype around day trading. Some websites promote it as a way to get rich quick (it isn't), and others say it is impossible (also not true). There are lots of day traders around the world who find success and make a living off the markets, so the truth lies somewhere in between those two extremes. If you've thought about day trading, it's worth your time to read through and understand the concepts discussed below, so you'll be better prepared for what to expect if you decide to proceed.
We will cover how long it takes to start earning an income, day trading styles, capital requirements, best day trading markets, profit expectations, software and hardware requirements, hurdles traders face, and finally how to become a better day trader.
Time Investment to Day Trade Successfully
Day trading isn't a get rich quick career, nor is it something that takes years to gain consistency at. Expect to spend six months to a year honing your skills and practicing a strategy before you become comfortable with it in all conditions.
The hard part is that a day trading strategy may work great this month, but next month it doesn't. Day traders need to constantly adjust, as no two day in the market are exactly alike.
The problem most new traders make is that they don't practice a strategy in a demo account, for several months or more, before risking real capital. Therefore, they have no idea how a strategy works, and how they need to adjust it when market conditions change. The demo accounts serves as a testing ground, where new traders can test out ideas, see what works and hone trading psychological skills (such as patience, discipline and focus).
RE: how to prepare for live trading - ankasem - 03-09-2018
thank you