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Author Topic: I dont like daytrading  (Read 2549 times)
allohha
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February 16, 2018, 01:51:39 PM
 #421

Yes same with me I also don't like day trading I like long term hold, because I think day trading need good skilled of trading. If we can't control our emotion we can lose our money, so I think long term hold is more better for me beside I have job working in office everyday so I don't have much time to trading.
what's the point then to tear off a comma if you do only once a month. If you already start high-quality work, it is best to do this every day, while controlling everything that happens on the exchange.
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February 16, 2018, 02:04:08 PM
 #422

I dont like it too, it is toooo risky and you can easily lose everything if you start a bad trade or if suddenly the pair that you are trading go to negative numbers and you start to lose it all.
That is why i prefer holding instead of trading
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February 16, 2018, 02:18:14 PM
 #423

Holding is better than daytrading, i believe. It is more suitable for pro traders. However investing in ICO is the new trending in crypto world. But you need to do research before invest. Daneel is a one of most sucess project in future.
Before you invest you must do your own research.
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February 16, 2018, 02:34:21 PM
 #424

If you don't like day trading then don't do day trading and you can try other type of trading and one of the easiest type of trading is swing trading where you just need to buy a coin that is low price but have a potential and hold it for weeks and sell if your target price is reached so you can easily secured your profit.

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February 16, 2018, 03:10:30 PM
 #425

Day trading is not everyone's cup of tea because it needs much attention and skills like flexibility and fast decision making. Even I find it difficult so i spend my most of the time in looking for long term opportunities and even in the 50% loss, I don't feel uncomfortable as I always research before making any investment decision so till now, it never failed for me considering the long term.
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February 16, 2018, 03:39:02 PM
 #426

If you don't like day trading then don't do day trading and you can try other type of trading and one of the easiest type of trading is swing trading where you just need to buy a coin that is low price but have a potential and hold it for weeks and sell if your target price is reached so you can easily secured your profit.
much better to be swing trader.calculate price range in certain period make our trade more safe that day trading.bu using this price range we can take the low points to entry.take the swing low and hodl this in several weeks.

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February 16, 2018, 05:06:22 PM
 #427

Day trading is very time consuming and really needs you to be committed to charting and keeping up news.
Not mention you need serious money to make significant gains .
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February 16, 2018, 05:28:50 PM
 #428

Yes, especially in the futures market, there needs to be a strong heart and enough energy
For the average person, it is really too tired.
Dramatic fluctuations have been challenging your nerves.
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February 16, 2018, 06:40:51 PM
 #429

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 think that today you should only trade short-term, buy fast, not fast. We can see bitcoin prices are increasing in recent days and will continue to increase in the coming days. Current purchasing power is huge. So this is an opportunity for us to trade that risk is very low. We are seeing bitcoin prices continue to rise after a slight fall and are currently at $ 10130 on https://coinmarketcap.com/.

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February 16, 2018, 07:11:53 PM
 #430

Day trading is very time consuming and really needs you to be committed to charting and keeping up news.
Not mention you need serious money to make significant gains .
Heard about compound growth?
You can turn $1000 to $128000 with only 7 doubles.
This means you need to hit 2X 7 times. Achieving 2X in Crypto market is very easy if you know how to trade and invest properly. But one must really take huge risks to achieve goals like this.

 
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February 16, 2018, 08:23:40 PM
 #431

Day trading is very time consuming and really needs you to be committed to charting and keeping up news.
Not mention you need serious money to make significant gains .
Heard about compound growth?
You can turn $1000 to $128000 with only 7 doubles.
This means you need to hit 2X 7 times. Achieving 2X in Crypto market is very easy if you know how to trade and invest properly. But one must really take huge risks to achieve goals like this.

Or alternatively with day trading, 10% profit per day over 51 days/ 2 months and $1000 also around= $129000
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February 16, 2018, 09:14:16 PM
 #432

Day trading is very time consuming and really needs you to be committed to charting and keeping up news.
Not mention you need serious money to make significant gains .
Heard about compound growth?
You can turn $1000 to $128000 with only 7 doubles.
This means you need to hit 2X 7 times. Achieving 2X in Crypto market is very easy if you know how to trade and invest properly. But one must really take huge risks to achieve goals like this.

Or alternatively with day trading, 10% profit per day over 51 days/ 2 months and $1000 also around= $129000

10% per day is much more feasible to my mind than finding 100% margins. In fact I would prefer even to go for smaller percentage gains, something like 3 trades per day at 3% would give you about the same and would be much easier to come across. Of course ideally you'll cover all possibilities and not only go for the small or big margins but what is best overall.

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February 16, 2018, 10:07:10 PM
 #433

Not anyone can stick to computer daily ,watching charts and reading news to trade. Though is much profitable but not easy , if it is most people will be day trading. But if you have passion ,then you will definitely love it.

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February 16, 2018, 10:37:12 PM
 #434

I do not like the day trading, but I'm not ready to follow the daytrading, because I'm not mentally enough to accept a loss and market circumstances are not necessarily, for that now I just follow the bounty and signature.

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February 16, 2018, 11:58:21 PM
 #435

Daily trading may be working for FIAT but it's dangerous in crypto. You can make huge profits as well as big loses given the fact how volatile crypto markets are.

We should not try a thing without finding it's reason or how it done in a technical term. Becssue in reality we couldn't handle things we do not know. And day trading is quite need our time for us to deal with it and mage it because it require much more time and effort to analyze the price and the current value of Bitcoin.

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February 17, 2018, 12:31:18 AM
 #436

I do not like the day trading, but I'm not ready to follow the daytrading, because I'm not mentally enough to accept a loss and market circumstances are not necessarily, for that now I just follow the bounty and signature.

In trading you should learned a lot about the coin you want to trade, well losing money is always their, you just need to know how you avoid  losing money ,signature is good but for me i don't want to always depends on bounty because not all are success.
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February 17, 2018, 12:43:59 AM
 #437

Yes same with me I also don't like day trading I like long term hold, because I think day trading need good skilled of trading. If we can't control our emotion we can lose our money, so I think long term hold is more better for me beside I have job working in office everyday so I don't have much time to trading.

Long term holding also need to control emotion. If not then you will lose your money by panic selling.
Emotion is the most characteristic that we must control so does not matter what you prefer, long or short but you must control emotion.
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February 17, 2018, 12:49:26 AM
 #438

Day trading is not for everyone ..

But offcourse this HUGE money to be made day trading ..
If you could sell your bitcoins and buy them back lower every swing you could double your bitcoins in less then a week.

Offcourse most of the day traders lose money and thats the way of life, that's the nature of the markets.
So i you really want to day trade my best advice is to have an edge over other traders.

This could be technical analysis, timing, news information ..
Without the 'edge' over other traders you will never make money on the long term..

You need to be 'smarter' than other traders, only this way you will make some nice profits.
By the way, i trade forex and crypto and all i can say is there is a HUGE difference.

In forex we pay 0,5% to 2% FEES EVERY TRADE
In crypto we pay 0,01% to 0,1% FEES EVERY TRADE

This means crypto is really the place to be for daytraders.

Here i will give you guys my timing forecast for the next 4 days just to help you out.


pivot = high OR low
So pivot could mean change of trend ( short term OR long term )

I live in Belgium, Brussels so my time is UTC/GMT +1

Bitcoin Timing Forecast For The Next 4 days:

17 FEBRUARY

PIVOT= 04:20
PIVOT= 10:17
PIVOT= 12:30
PIVOT= 14:10
PIVOT= 18:18
PIVOT= 20:50

18 FEBRUARY

PIVOT= 06:50
PIVOT= 10:01
PIVOT= 11:50
PIVOT= 13:27
PIVOT= 15:40
PIVOT= 18:08
PIVOT= 21:34

19 FEBRUARY

PIVOT= 01:34
PIVOT= 06:40
PIVOT= 14:05
PIVOT= 17:08
PIVOT= 21:43

20 FEBRUARY

PIVOT= 02:13
PIVOT= 05:13
PIVOT= 06:43
PIVOT= 10:00
PIVOT= 12:22
PIVOT= 13:41
PIVOT= 16:52
PIVOT= 21:32


ENJOY TRADING
morrisby25
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February 17, 2018, 04:32:20 AM
 #439

Day exchanging isn't for everybody. It is for those occupations that is to a great degree unpleasant and exceptionally unsafe. For beyond any doubt you will develop old quickly on the off chance that you can't deal with your feelings. In the event that you are frightful of losing your cash you will never be an awesome broker since you will dependably fear making exchanges. You will lose incredible chances to do as such. So for the individuals who are in master in exchanging, day exchanging can be fit for them.
landahoy9
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February 17, 2018, 05:59:27 PM
 #440


Bitcoin Timing Forecast For The Next 4 days:

17 FEBRUARY

PIVOT= 04:20
PIVOT= 10:17
PIVOT= 12:30
PIVOT= 14:10
PIVOT= 18:18
PIVOT= 20:50


Well, 3 out of the last 4 so far today seem to be looking like a pivot!  Smiley
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