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Author Topic: I dont like daytrading  (Read 2572 times)
ubeng07
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December 27, 2017, 08:15:01 PM
 #201

really, especially the last days is very easy really ofcourse. I never been angry or emotional, i did took lesson though, about losing money. Scared perhaps is better word. Poker could make me angry like nothing else. Never have that with trade, but more hollow feeling. Now i just do it as i see oppurtunity and not being  to greedy. Just take what comes to me as im surfing.
what you are able to be while you are in day trading is the best for you that you are able to make some profit the enough profit and nothing to be greedy and of course right discipline and being knowledgable while you are in day trading.
Headachez
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December 27, 2017, 08:18:18 PM
 #202

I both love and hate day trading. I work on the computer anyway, so I always have a few exchanges open, watching what's going on. I've made some great trades and I've made some terrible trades. The big thing I have to nail into my head and work on is patience. If it goes down, it almost always at some point returns to where it was.
star19
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December 28, 2017, 07:48:20 AM
 #203

Actually, Daily trading may be working for FIAT but it's dangerous in crypto. I was making profit, but the profit wasn't much due to me being unskilled and it definitely wasn't worth it for me. The first few days I've done day trading I was staring at graphs and charts with laser focus the whole day. At the end of each days I felt literally sick; like I was feeling dizzy and not far from throwing up.
shezu007
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December 28, 2017, 09:29:02 AM
 #204

i also don't like day trading because day trading is very fast and need too much experience while also day trading is very risky which is very tense work while holding trading is best and easy job while also less risky as compare to day trading.
cluit
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December 28, 2017, 10:27:18 AM
 #205

It depends on a lot of things, if you are just an inexperienced trader and you are just a newbie who are is only looking to earn money, then dont do it, because you are going to make a lot of mistakes and this will make you lose your money. Be careful, nothing is that easy as it seems .
 
Day trading is no doubt quite a hectic job to do. It really requires lot of hard work and above all you have very less time to manage the things in an efficient manner. If you do want to go for day trading, then the only thing which can help you in achieving your goal is making of the right decision and that too at the very right time. you do need to analyses the situation very much carefully before making any decision.
sandos
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December 28, 2017, 10:39:06 AM
 #206

It depends on a lot of things, if you are just an inexperienced trader and you are just a newbie who are is only looking to earn money, then dont do it, because you are going to make a lot of mistakes and this will make you lose your money. Be careful, nothing is that easy as it seems .
 
Day trading is no doubt quite a hectic job to do. It really requires lot of hard work and above all you have very less time to manage the things in an efficient manner. If you do want to go for day trading, then the only thing which can help you in achieving your goal is making of the right decision and that too at the very right time. you do need to analyses the situation very much carefully before making any decision.
Yes, I totally agree with you. Daily trading is a hard work belongs the experts who can works the hours in the laptop. It will make you crazy easily. So, i have choosen the investment is my strategy

keyzersoze
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December 28, 2017, 11:50:10 AM
Last edit: December 28, 2017, 12:14:28 PM by keyzersoze
 #207

Daytrading isn’t for everyone. Most people are better off just investing and following the trends on bigger timeframes.
Less stress and risk.

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BabyBoss
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December 28, 2017, 12:00:45 PM
 #208

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.
There is someone telling me If you really feel like don't like anymore something then quit it, give up on it because the more you do it with no heart at all you lose it instead. That's really right where we can see that sometimes we don't appreciate anymore what we do even we made plenty of money we're just giving up because we feel like tired. That's life after we have everything then there are times come in our mind that it's like all useless where were not even appreciated it.
Rhaizan
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December 28, 2017, 12:29:08 PM
 #209

Daytrading isn’t for everyone. Most people are better off just investing and following the trends on bigger timeframes.
Less stress and risk.

Daytrading is not healthy, because those coins are not always increase, we need a perfect timing in trading we need time to research about the coin .
odinson0008
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December 28, 2017, 12:29:50 PM
 #210

The best technique I have figured for myself is shortterm trading on boolinger bands.
Saichoukyushin
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December 28, 2017, 12:53:48 PM
 #211

Daytrading isn’t for everyone. Most people are better off just investing and following the trends on bigger timeframes.
Less stress and risk.

Daytrading is not healthy, because those coins are not always increase, we need a perfect timing in trading we need time to research about the coin .
It depends on the trader itself because some other are good at it. For me i like day trading but it is stressful if you can't get out when the drops. Researching doesn't much needed in a day trade.

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nerverd99
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December 28, 2017, 01:14:46 PM
 #212

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.
Day trading is very risky although the profit could be great.This method is not suitable for everyone.Typically, day traders are well-educated and well-funded.
So  I dont like daytrading too
GREATLOVE
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December 28, 2017, 01:29:13 PM
 #213

Is there also night trading? Im newbie and was first heard about day trading. Wow! There are many kinds of trading will soon know about it all.
My opinion in this thread is "If you already are not happy anymore about what you do better quit what you are telling and live to the fullest not to the foolish".
PizzaBTC
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December 28, 2017, 01:50:47 PM
 #214

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.

yes trading that fits and will earn very much profit is long term trading, if only the daily is not very profitable. altcoin trading at cheap prices do as you save or invest.
Trading is not gambling at all, it just demands some sound knowledge about the market and different coins you are dealing with. You simply need to buy your coin, hold it until it reaches a value which is higher than the one you bought it at and then simply sell it off for making some good money. Well as far as bitcoin is concerned, indeed the set option lies in holding it for long time period for handsome profit.
rafabud
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December 28, 2017, 01:51:31 PM
 #215

I have been day trading for roughly 5 months now, and i have different perspectives on it. It is an effective method for actually making a living, if the right knowledge, amount of money and time is invested, but also very risky in terms of psychological stability and time consuming if not done by someone with good experience. As some of the users here, i experienced some kind of sickness, and being involved with it all helped my relationships turn a bit less stable. On the other hand, i wouldn't say it is a way of exploiting bitcoin, that is a negative way of looking at it. If it wasn't for day trading, cryptocurrencies would probably take much longer to popularize. Instead, i see it as one of the many possibilities brought by such disruptive technology, as any other good that gets into the market, traditional or not. It is a very good way for accumulating different coins and holding, i risk saying that it even makes the system stronger and healthier, for it maintains a viable cycle and gives many the opportunity to learn in different ways, either regarding getting to know the market or practicing self control and discipline. From a deeper philosophical point of view, risk management is always part of everything we do in our daily basis, and we should learn how to improve it, thus facilitating the acquisition of know-how to make good use of all the tools that are available for us to prosper in different aspects of life.
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December 28, 2017, 02:15:31 PM
 #216

Well, I too don't day-trade unless I have a good information of coin price rise or fall. Recently, I knew NXT was going to dump on 28th. I placed a very low bid. Order was filled. Instant 50% profit. I started day trading when btc-bch were battling. Buying the lows and selling at highs. It's kind of like an adrenaline rush when price falls below your buy point and so I stopped it.

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December 28, 2017, 10:26:40 PM
 #217

Totally agree.

I moved on to buying coins at their lower value and it worked out pretty good. Holding onto good coins/projects pay off.
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December 28, 2017, 10:32:15 PM
 #218

Its not that easy how it sounds in theorie. I tried a lot. SOme times it works, buying cheap, selling high. But sometimes i buyed, and wait for de dump. But the coin never dumps again to the price i sold. So holding its much safer!
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December 29, 2017, 02:46:54 AM
 #219

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.

Actually i like all of kind of trading. I like all of them because most important is not how i do trading but money or income or profit is the most important one.
KobeBriant 24
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December 29, 2017, 03:09:46 AM
 #220

It depends on how good you are while you are trading.. if you are horrible on it and you do not even have a minimal knowledge about forex, then you are lost, completely lost on it.

Just try to learn about how to trade, and you will be succesfull ,of course.

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