Andrej Peiboski
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February 08, 2018, 05:15:26 PM |
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Daytrading can bring you big profits, if you are skilled, but - actually - it's very addicting, and there is the risk to neglect family, friends and health just to stay all the day in front of some charts!
Btw, if you can discipline yourself, it's the best way to profit from trading.
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Lupus Solitarius
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Activity: 273
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February 09, 2018, 09:06:54 AM |
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It seems that there is an obvious aspect too often neglected by people that starts to trade:
trading is a difficult and risky activity that - before to become profitable - require lot of study and experience, and a specific mind set.
Without this, trading is just gambling. And daytrading becomes just an online casino.
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jsrenthourse
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Activity: 238
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February 09, 2018, 09:11:47 AM |
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Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
We can see in the last two days bitcoin prices are stagnating at the $ 8400 price because of the huge obstacles from the sale is extremely strong. The slowdown makes investors unable to trade, if trading at this time it will be extremely dangerous when the $ 8600 level can be broken at any time and the price of bitcoin will be reduced. milestone $ 5000. So trading at this time is extremely dangerous. |
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Brunusmagnus
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Omnity - Unifying Knowledge For Faster Insight
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February 09, 2018, 07:38:13 PM |
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You can like it or not (and I agree, it's a very hard activity, that requires high skills, concentration and high resistance to stress), but it's the only activity that can make you rich with a relative modest initial capital.
With a so high volatility, you can really make fantastic profit.
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blue_nexus15
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Activity: 532
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█ J A X N E T W O R K █
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February 09, 2018, 09:05:35 PM |
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You can like it or not (and I agree, it's a very hard activity, that requires high skills, concentration and high resistance to stress), but it's the only activity that can make you rich with a relative modest initial capital.
With a so high volatility, you can really make fantastic profit.
Day trading also helps many investors to make big profits but they are professional investors and in the up market trend, if the market is going down you can not get profit if you trade day trading. To trade success day you need a lot of market knowledge and candlestick chart analysis. I advise new investors to enter this market should not start with day trading because it will take your lot of your property due to market volatility too large. Please believe me because I have experienced that stage so I know very well. |
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dimonstration
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February 09, 2018, 09:28:37 PM |
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Daytrading is for very skilled and those who have plenty of time or trading is their only occupation. Otherwise it's very hard to be successful and this type of trading is very risky although the profit could be great especialy when the situation on the market is like. I can understand the feeling that you have and daytrading might look very agressive but still it's the one of the most popular and profitable forms of trading.
I agree with you, daytrading is one of the most popular and profitable trades but apart from that daytrading also has a very high risk, we must prepare our mental first so that in any situation we are ready to gain profit or even in a loss. One problem is that people want to jump into day trading almost immediately and that is a huge mistake, at first you need to become an investor and see if you are able to make money that way then begin to shorten the span you hold your coins until you get to the point in which you only hold for a day, if you follow that simple plan daytrading is not going to be as overwhelming as it is for some newbie trying to daytrade. this is may always just be depends on what may people may come to an ever to be that we are able to see some improvement then daytrading are may be as a good enough to be we cant say that everything may ever be look like that this is not a good one but seeing this is your way of improving to be. |
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Johnyz
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February 09, 2018, 09:35:16 PM |
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Day trading is very risky so if you don't want to take more risk you should not start doing that in the first place. Always assess yourself on how much risk you can take cause every decision here will matter and it can affect your financial status.
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bodimun2
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February 09, 2018, 09:53:38 PM |
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Then don't daytrade. Make long term investments.
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Arthurcassi
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Merit: 7
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February 09, 2018, 10:47:42 PM |
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Hodl is the best way. Trading just for skilled players. Take good care.
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sebastianpenguen
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February 09, 2018, 11:00:57 PM |
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Daytrading is for very skilled and those who have plenty of time or trading is their only occupation. Otherwise it's very hard to be successful and this type of trading is very risky although the profit could be great especialy when the situation on the market is like. I can understand the feeling that you have and daytrading might look very agressive but still it's the one of the most popular and profitable forms of trading.
I agree with you, daytrading is one of the most popular and profitable trades but apart from that daytrading also has a very high risk, we must prepare our mental first so that in any situation we are ready to gain profit or even in a loss. One problem is that people want to jump into day trading almost immediately and that is a huge mistake, at first you need to become an investor and see if you are able to make money that way then begin to shorten the span you hold your coins until you get to the point in which you only hold for a day, if you follow that simple plan daytrading is not going to be as overwhelming as it is for some newbie trying to daytrade. Transitions between different coins is the important part of the day trading. If you can't do this properly, you can't get a good result in the way of earning some money from coins. |
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Biscutard
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February 09, 2018, 11:28:39 PM |
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Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
I guess you are not into daytrading but rather on gambling these two were different activities and everyone could have their favorite whenever they feel it, it just brings the true you whenever you love what you do.  |
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upekhaanthony
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Activity: 238
Merit: 10
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February 10, 2018, 01:15:32 AM |
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I agree with your experience. day trading burn our free time and it highly risky. Investing ICO and get big return ,that is very easy and clam technical to which I have experienced.
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traderethereum
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February 10, 2018, 02:37:06 AM |
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I agree with your experience. day trading burn our free time and it highly risky. Investing ICO and get big return ,that is very easy and clam technical to which I have experienced.
I think we can try day trading especially if we want to increase our skill because the price is up and down in daily so we can learn the chart and where the price wants to go. at least, we can some lesson in day trading so I am sure it will help us to determine or predict the line or the chart. investing in ICO is also a good choice if he really afraid to get lost then he should know one thing that he should know that not every ICO could give a big profit to him. |
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Borisb52
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February 10, 2018, 02:46:07 PM |
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Not everyone can trade within a day. For this you need to constantly be in the market. It is necessary to constantly analyze all the movements in the market. And this does not suit everyone. If the author of the post does not fit this strategy, then he has a direct path to investors.
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alibaba93
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Merit: 10
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February 10, 2018, 05:13:47 PM |
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Even though much profit can be made. And i did a bit. But truth is... i dont like it. It gives me a weird unpleasant feeling. Because to me its just swapping air if all u buy and sell for is money. I love crypto and to me it feels like daytrading is raping it. Ur not really standing behind the idea and product anymore. Im not hating on daytraders or anything. Just doesnt seem my thing. I allways had the same in poker, taking lunchmoney and the game is what its about to me. Whenever i played higher stakes it just didnt felt right and even when i won a nice bit it even depressed me.
In the past three days, bitcoin prices have risen continuously and reached 9000 4, but after reaching $ 9000 price bitcoin was immediately reversed and began to decline. The price of a bitcoin at the moment is at $ 8300, down 1.43% within 24 hours on https://coinmarketcap.com/. With the market falling so I think we should not trade at this time, it would be very dangerous. |
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rhodelmabanal
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February 11, 2018, 02:52:38 AM |
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Yes, it feels like its another occupation you had. You can't be in a full time in this day trading because it's a delicate situation to some workers in a company. If your boss caught you trading using the company hours, it will surely ruin your day, unless your boss is your close friend that he only says 'that's okay' well perhaps it's not. I didn't know that some of it are in a full time now that they fired frim their jobs.
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mprepkiah
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February 11, 2018, 03:44:28 AM |
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I really understand your feelings but daytrading is not easy, it takes all day and expertise, we also have to suppress the emotions and ambitions and it is not easy
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dharnamonitor
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★Bitvest.io★ Play Plinko or Invest!
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February 11, 2018, 05:43:12 AM |
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I really understand your feelings but daytrading is not easy, it takes all day and expertise, we also have to suppress the emotions and ambitions and it is not easy
He meant that day trading doesn't suites the real meaning of investing in a crypto because the main point of day trading is to acquire profits in an assets within a day, it disregards the real meaning of it which is to support the development of the coin by buying or investing. Well, we cannot blame everyone for doing it because we have our own preference on what trading style we would use and daytrading is one of the best choice for some. |
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Semosuchi Tesongrato
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Rasputin Party Mansion
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February 11, 2018, 01:10:12 PM |
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Day trading is a very risky and stressful activity, with a lot of adrenaline, so I understand if you don't like it.
But with a so high volatility, if you are a skilled trader, it can be your passport to riches.
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oxidoreductase
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February 11, 2018, 03:49:06 PM |
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I don't think trading daily is actually adviceable to start with. Having to always make constant decision of selling and buying can put you in position where you are not seen things clearly.
I also dont like daytrading because i am not really great on trading and the last time i do daytrading i lost a big ammount of money so after that i do not try to do again daytrading, right now i am just more focus on joining or participating on twitter campaign. |
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