Lucacrebbe (OP)
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September 21, 2017, 01:52:27 PM Last edit: September 21, 2017, 02:03:39 PM by Lucacrebbe |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
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mk4
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Paldo.io 🤖
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September 21, 2017, 01:58:50 PM |
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I personally don't day trade for a living, as I'm more of a semi-long term trader, so take what I say with a grain of salt. I personally think that forex trading is similar to cryptocurrency trading. The only difference is that cryptocurrencies are far far more volatile compared to stocks and foreign currencies, as you may probably know just by looking at the price graphs of almost all cryptocurrencies. Yes ofcourse you can start with low capital with cryptocurrency trading. You just need to make the right trades at the right times and at the same time with the right amount.
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treather
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September 21, 2017, 02:02:04 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trade proficuos with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
Trading can be fun and exciting if you are making profits, but one bad move, or an unlucky swing downwards and you will be in red. buy and hold for a couple of months, maybe three, you shall profit.
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DaMut
Sr. Member
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Axioma Holding - Axioma Pay Crypto Card
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September 21, 2017, 04:57:30 PM |
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no it is not, i ever tried this a few years ago,the first time when i entered this cryptoland was to trade for my living. to be exact i hope i get profit everyday so i can live with it,but i was to naive. it's not really easy to do that in the cryptoland because you can lose it all in the next morning. unlike Forex,Bitcoin does not need a lot of factor to determine the price and the movement, while Fiat need a lot of factors to make a decision based on our economy. just based on chinese statement alone the price can go drop half of it and can increase a half of it. for the first time whe i traded my Bitcoin,i got a profit for more than 30%/day but whenever i try to increase it in the next day i always end up lossing it. Bitcoin price is unpredictable,and no matter how good your strategy are it will never can predict the movement in the next day. you will end up lossing it,that is why i stopped doing it and always holding it because no matter what the price will always increase in the next year or around that and the demand increasing by day.
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Siren
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September 21, 2017, 05:18:13 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
To be a successful trader one needs a lot of understanding how to read the graph and trend but you also need luck on your side. The price swing is very different from forex, so you have to monitor every moved and you need not just a money but time as well. I also gave up day trading as well, would rather hold longer or mid term because I don't have much time on my hand right now. For others, its really exciting and fun. Capital is another thing, maybe you can start small and see how it feels. If it doesn't fit you, then its better to go out early. But if you find it exciting and even a small lost is fine, then you should go for it.
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crairezx20
Legendary
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Merit: 1046
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September 21, 2017, 05:31:36 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
I think it is just the same as forex that you need huge amount of investment in order to live just choose ant crypto with less risk and you are good to go. And if you heard that you can make profit in small investment in crypto it is true but you can not live with small amount of investment you need to invest huge amount if what you are doing in forex it will be the same as in cryptocurrency exchanges. Trading with crypto is much profitable i think than in forex. but beware in new altcoin releases because most of the are turn into shitcoin in the end.
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Aleister Crowley
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September 21, 2017, 05:38:02 PM |
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I personally don't day trade for a living, as I'm more of a semi-long term trader, so take what I say with a grain of salt. I personally think that forex trading is similar to cryptocurrency trading. The only difference is that cryptocurrencies are far far more volatile compared to stocks and foreign currencies, as you may probably know just by looking at the price graphs of almost all cryptocurrencies. Yes ofcourse you can start with low capital with cryptocurrency trading. You just need to make the right trades at the right times and at the same time with the right amount.
and obviously the digital currency is very practical, it does not have to have a deep experience of trading, just simply with a low buy and sell hight system, this will make you have a profit and do not have to constantly monitor the world stock market and do not need to learn much term,, this is one of the best trading places when you want
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cliffhanger35
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September 21, 2017, 06:08:39 PM |
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It's all fun and games until a single bad move that you didn't predict can either: 1. Cut deep into all your profits and hard work 2. Send you into a panic and make bad trades after bad trades trying to "fix" it Investing and holding has been more profitable in the long run for me but it's rather boring, I admit.
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mozillaspez
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September 22, 2017, 12:22:10 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trade proficuos with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
Trading can be fun and exciting if you are making profits, but one bad move, or an unlucky swing downwards and you will be in red. buy and hold for a couple of months, maybe three, you shall profit. Everybody know that trading is amazing step to earn bitcoin because look at the currencies rates bitcoin is still on top if people are going to trade on bitcoin then it is a right step. If you are trading on bitcoin then you are doing great work.
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karmamiu
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September 22, 2017, 12:59:02 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trade proficuos with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
Trading can be fun and exciting if you are making profits, but one bad move, or an unlucky swing downwards and you will be in red. buy and hold for a couple of months, maybe three, you shall profit. Everybody know that trading is amazing step to earn bitcoin because look at the currencies rates bitcoin is still on top if people are going to trade on bitcoin then it is a right step. If you are trading on bitcoin then you are doing great work. Everyone wants to do trading, probably most of us here wants to do trading, not only for fun but also to gain some, but setting aside those risks, trading cannot be the only one source of financial stability for a cryptomaniac, or should I say like that ( hehehehe). Trading requires some time and patience sometimes because not all the time the market is active or rather hold than losing money.
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christian07
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September 22, 2017, 01:17:39 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
little by little everytime i earn in campaign i add some for trading so i think i lives trading cripto even its small capital i try always because i believe it will have earnings in some time even its not for long term atleast i try it,now i invest like 0.0075 but the earnings is low
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amacar2
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CryptoTalk.Org - Get Paid for every Post!
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September 22, 2017, 02:35:58 PM |
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Actually I am not living just with crypto trading but what I am getting from trading crypto daily is enough for me to cover all my daily expenses. What I am earning from my offline job is savings, I am also constantly buying bitcoin and different other alts along with some tokens from ICO as long term investment.
You can even make 100$ by just playing with $1000 in crypto which you can't without leveraging in forex.
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Fortify
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September 22, 2017, 02:39:23 PM |
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The word is "Crypto" not "Cripto", it stems from the word Cryptography. If you want to get into trading then you really need to learn and use the correct terminology. I can only guess that trading crypto is way more volatile than trading on the stock market, as there are so many unseen forces changing the value.
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okissabam
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September 22, 2017, 03:24:18 PM |
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I think forex trading and crypto trading are kinda the same it's just that in crypto trading the movements of the coins are really fast than that of the forex trading; and I personally don't agree and don't do trading for a living. That's just hard to do and I'm more of a long term trader so I would not be only trading and can still do things I want for the rest of the day other than just trading.
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alyssa85
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September 22, 2017, 04:33:35 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trade proficuos with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
Trading can be fun and exciting if you are making profits, but one bad move, or an unlucky swing downwards and you will be in red. buy and hold for a couple of months, maybe three, you shall profit. That only happens if you go all-in and the trade goes against you. The key to trading is risk management, and only risking 2% of your capital on each trade. That way a few losses won't hurt you, and will be more than made up by the big wins.
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Hamphser
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September 22, 2017, 04:46:26 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
I have a friend who do make a living with just on forex trading i would say that hes really professional on his trades.Even though there still some losing trades but most of the week he ended up on profit which is really amazing and im also learning it up well too but its quiet complicated and does really need big capital for you to start to feel the profits too because of margin unlike on crypto on which you can really start up on small amounts but when it comes to volatility i would say that crypto is more volatile than on any forex currencies. I do hear some people who do make a living even on making trading here on bitcoin or altcoin world.
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Taylorw
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September 22, 2017, 04:52:55 PM |
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I think it's very-very difficult, close to impossible to make enough money by crypto trading. Too much depends on luck here. Some coins are going up in 300% in one day and some down. Due to the reason that token's amount is more than 100, it becomes really difficult to "guess" what to buy and when
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diouf67
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September 22, 2017, 04:59:00 PM |
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As of yet I do not currently live off of trading in crypto markets but I would like to one day. I have started from a small amount of $100usd a few weeks ago and now have around $180 usd which I am happy with given that this was also a period where there were large crashes in bitcoin and all other currencies. I think it is possible to make a living off any sort of trading and with even only low capital as long as you put in the time and effort to really understand the markets which will allow you to make calculated decisions.
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harizen
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September 22, 2017, 05:23:24 PM |
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Hello I wanna be frankly
To live trading forex you need to have big capitals, which can absorbe the losses and let you enter in a trade with a good risk/reward ratio.
Only entering in less trades... and entering in trades with high probability of success, you can earn from trading. Entering with big capitals.
In this way you can live of forex, because you can make only on trades with a good risk/rewad ratio, and your in.
Is it the same with cripto or with cripto you need less money to trading for living?
Don't rely on trades to make a living. Trading funds must just always be used on Trading purposes. Regular withdrawals will just decrease your trading funds. We all know that more funds we have, the more profit we can got. Forex and Crypto trading are somehow similiar in terms of point of view and purpose. But since cryptos are heavy volatiled, we can expect numerous wins in just short period of time but on the other hand, may suffer numerous loss too. Always make it to the point that doing trading is not a part of your money sources to support your daily needs. Eye for long term instead so it means your funds will stay on that trading platform for long.
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moataz_ansary
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September 22, 2017, 06:07:47 PM |
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Trading Crypto Is so profitable if you Have good experience in Trading and Hold tight With risk management and of curse some lucky And take care don't trade against trend Trend is your friend
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