Is a 15-minute trading strategy suitable for beginners?

Unlike positional trading, where you need to hold trades for a long period of time, the 15-minute strategy is also suitable for beginners. However, a trader must adhere to certain trading rules. The main rules for using a trading strategy on the 15-minute chart:

What is a crypto trading strategy?

Trading strategies typically set out specifications for which trades to make, when to make them, when to exit them, and how much capital you should risk on each position. Your crypto trading strategy is a fixed plan that you design to achieve profitable returns when buying or selling in the crypto markets.

What time do you trade cryptocurrencies?

Within a day, you want to acquire and sell cryptocurrencies, taking profits before bedtime. A trading day typically concludes at 4:30 p.m. local time in more established marketplaces like the stock market. However, since the bitcoin market is open every day of the year, you may set your day-trading hours to meet your schedule.

What is day trading crypto?

Day trading crypto is a high-risk venture made possible by the distinct volatility and liquidity in the cryptocurrency markets. While day trading comes from the traditional markets, crypto day trading requires a deeper knowledge of crypto and blockchain technology in order to find consistent success.