I recently started to focus a bit more on to become a day trader on various crypto exchanges. Like everything where there is money involved (Sorry Tokens) involved it is quite stressful yet very exciting.
Please note that I cannot and will never give financial advice as I am a novice at trading. As I mentioned above, I only recently started focussing a bit more on this. I did take a dabble into this environment, but I just became too busy with other things and my focus shifted.
A few of my friends are however traders and I am trying to learn as much as I can from them. A good friend 
BTC vs BCH or Bitcoin Cash.
Due to the fact that Bitcoin is at an all-time high, most of the altcoins including Steem are taking a real beating. I guess it will correct later when Bitcoin stabilises. I did however notice this morning that Bitcoin Cash is o a bit of a run. My timing was not too bad and I bought a few tokens on an exchange. I am not playing with huge amounts, (0.5 BTC) but the great thing is that I made close to 5% on my trade for the day.
I must say if I can do close to 5% every day, I will be able to sustain my trading habits on a full time basis.
Margin Trading
Due to the fact that we are in a bear market on Altcoins, I learnt from a friend yesterday about Margin trading. This is mind blowing, when you are new to trading. For those that do not know Margin Trading, it is quite interesting. The brass tax is that when you market trade, you are actually trading with somebody elses tokens :) You sell these (borrowed) tokens at a specific price, and as the price of the specific altcoin drops, you buy back the amount of tokens which you sold at the higher price, and return these tokens to the pool. The good thing here is that you make your profits as the altcoin drops. This is quite amazing if you think about it.
Well, let me get back to the excitement for the day … you never know if there is another 5% to be made for the day.
