Bitcoin Forum

Economy => Trading Discussion => Topic started by: Johannson on April 19, 2018, 02:04:55 PM



Title: How long you "played" day trading to say you are good at it?
Post by: Johannson on April 19, 2018, 02:04:55 PM
Some people say that day trading is more like a skill thing, some say it only depends on how lucky you are.
What is your opinion, and how long is enough time to practice day trading and conclude that you are good at it?
Any recommended site to simulate investments ?


Title: Re: How long you "played" day trading to say you are good at it?
Post by: wayaneka on July 27, 2018, 10:40:15 AM
In my opinion, the best thing to make profit in crypto trading is knowledge and skill when we should be jump in to this market and when we should be exit. And for the beginner is better to start by learn it in demo account, and currently only HitBTC exchange that offer demo account. I think now is good times to jump in to crypto trading because all crypto in the bottom and in next a few month the bullish trend will coming, trading in to crypto market now is less risk because the price oversold, but to reduce the risk important to use stop loss in every trade.


Title: Re: How long you "played" day trading to say you are good at it?
Post by: valheru on July 27, 2018, 05:15:34 PM
Yes, i agree with this idea. Day trading is need more skills than other trading strategies. Most important thing in the day trading is experience but of course you need to some chance to make good profits :) If you a person who dont have knowledge about trading, long-term strategies more suitable for you. Short term strategies have good chance to make good profits but on the other hand it can be instant big losses of amount, Actually this situation can be in long term strategies too. In conclusion most of the tradings depends on the luck