I tend to watch the markets for a while and then set scaled orders to match the lows and highs... Sometimes the price has gone a lot up or down and I've had to adjust the orders, but as long as I don't add more orders too often, I usually have enough coins left to place one or two more orders.
I usually check the price changes twice a day, so I still can ride some of the smaller ups and downs, but it doesn't make sense to ride all of them as then I would be competing with too many other traders and trading volume might not be enough to give the best profits.
You are viewing a single comment's thread from: