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Author Topic: I dont like daytrading  (Read 2581 times)
madwica
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January 05, 2018, 04:13:48 AM
 #261

Yes we do not like to recommend day trading because its hard to make profit on that since most of the coin are not fluctuates for daily basis. Most of the time good traders do short term but not daily trading. Me i also want to hold coin for long term to able to earn much higher profit.
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January 05, 2018, 04:50:55 AM
 #262

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.
even if how skilled we were still no one can predict what coins to be trade
successfully.most of the successfull traders are those who has big capital,in which
if they might loss for specific coins they will turn it to long term investment and
buy another coin for daytrade.thats how they become profitable.but us whos having
limited resources cant do that same strategies
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January 08, 2018, 07:46:24 AM
 #263

As a same point of me . i'm also don't like day trading because i'm don't know which coin is better for trading so i'm lose with day trading so now a days i'm stop my day trading.
As compared to the long term trading, day trading is difficult.  A day trader needs to put more efforts and give more time to his job.

Only the experienced ones can per form this efficiently. There is one thing about day trading that no one will deny and that is the amount of profit or the chance of earning it is bigger than the ones made through simple long term trading. If one doesn't feel like doing it, he must avoid it.
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January 13, 2018, 11:22:48 AM
 #264

I think that,You need to think of trading like building a house; first you need a foundation to build the house on, then as the house progresses you get down to finer ... It's worth noting that not all brokers do this; some brokers have very tight spreads and don't emphasize day-trading, and this is fairer on the trader,  Few people succeed at day trading, and those that do take a long time to gain consistency. Grin
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January 13, 2018, 11:36:38 AM
 #265

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 takes a lot times do. Actually not too clever trade it's okay so long as you always watching all the times. becuase time used to analyze and monitor the movement of the value of the trade you. you should also be lucky to get a big advantage. sometimes I also do so pretty decent to get 30-40 $ per day. but only in times of free. but it's opinion each and apply them in trade and investment. all depends on the away respectively.

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January 13, 2018, 03:32:32 PM
 #266

i also hate day trading cause its really risky and i lose almost 500$ for day trading, and its also hard cause you have to see always market position , atleast 8/9 hour lost for it.
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January 14, 2018, 12:36:49 PM
 #267

short term too. in this week you can make money from any altcoin. just keep hold top 50 and get free money
I also dont like day trading because i am not so expert in trading so for me day trading is very hard and i think day trading is not for me so im just holding.

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tambok
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January 14, 2018, 12:59:11 PM
 #268

short term too. in this week you can make money from any altcoin. just keep hold top 50 and get free money
I also dont like day trading because i am not so expert in trading so for me day trading is very hard and i think day trading is not for me so im just holding.
There were people who loves daily trading and some hates it , maybe it depends on our time or availability, lucky for those who has many time to become full time in studying the flow  of every coin, unlike mine I cannot do all things together especially day trading as I don't have ample time to do it due to my toxic schedule.
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January 14, 2018, 01:25:03 PM
 #269

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

Trading is just not about buy/sell and its more like you need to do research of coin like which you want to buy and if you are a daily trader than knowing the charts and its trend will definitely help you in making the trades buy and sell.
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January 14, 2018, 01:32:49 PM
 #270

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

Trading is just not about buy/sell and its more like you need to do research of coin like which you want to buy and if you are a daily trader than knowing the charts and its trend will definitely help you in making the trades buy and sell.
trading must know the experience and also know the price chart from day to day and up and down the coin. so I guess if you only capitalize your sales and purchases you will never know if in trading there is a science that gives you experience and insight in the world of cryptocurrency.

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January 14, 2018, 01:33:18 PM
 #271

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

Trading is just not about buy/sell and its more like you need to do research of coin like which you want to buy and if you are a daily trader than knowing the charts and its trend will definitely help you in making the trades buy and sell.

The risk is obvious, there are fluctuations qucikly taking place on excahnges and sometimes it's hard to finish your trade with profit. That's what I face problems with in day trading.
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January 14, 2018, 05:07:38 PM
 #272

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 think not only Daytrading takes a lot of time. yeah even though Daytrading is the most risky but it all has the same risk if we judge from different point of view, because it all depends on the trader himself in running the trading process. The proof, many people who use Daytrading though not the only job for them. I think Daytrader is a smart person to know when is the right time to use Daytrading like the Bullish and Bearish.

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January 14, 2018, 06:27:39 PM
 #273

That is an interesting stance to have, it seems like you genuine love cryptos and that is awesome I wish I could meet you. I love cryptos too and to me the money isn't the fabulous part about it, it is the tech and the way the world stands to gain from being transformed. Good to know there are individuals out there not solely looking to gain and make money on crypto Smiley

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January 14, 2018, 06:42:48 PM
 #274

Then if you do not like it, why are you day-trading? It is a waste of time, for me, holding coins instead of trading them all day long is much more profitable and you do not need to be in there more than 10 hours a day watching the charts.




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January 14, 2018, 07:24:37 PM
 #275

Yes, Day trading is not for every body and most especially the fainthearted. Day trading if you are not grounded in it will liquidate you so many times. And you may end up with hypertension. Stay clear from day trading.
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January 14, 2018, 07:32:30 PM
 #276

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 think not only Daytrading takes a lot of time. yeah even though Daytrading is the most risky but it all has the same risk if we judge from different point of view, because it all depends on the trader himself in running the trading process. The proof, many people who use Daytrading though not the only job for them. I think Daytrader is a smart person to know when is the right time to use Daytrading like the Bullish and Bearish.
Day trading is not really just a simple bullish and bearish moves since it is more really complicated than on having a long trades. Price movements every second,minute,hour does really matter and as a day trader you should really have the skills and experience for you to succeed on this trading way.

Yes, Day trading is not for every body and most especially the fainthearted. Day trading if you are not grounded in it will liquidate you so many times. And you may end up with hypertension. Stay clear from day trading.
I cant deny the thing that this is more thrilling,horrifying thing since you are engaging on active orders. You would really stress yourself out but somehow this thing is manageable when you do gain already an experience.

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January 15, 2018, 06:00:24 PM
 #277

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 that day trading is only fit to people who has plenty time or maybe full time trading.
I think day trading is quite difficult for newbie who dont have enough skill.

However, if you dont like it then just dont do it.
There are more forms of trading than day trading, you could trade once in a week and set some limits and not worry about it and check your trades every other day, but day trading is quite taxing since you need to watch the monitor for hours in order to find good trades, I tried day trading once and while I made some money I was exhausted after only one week.
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January 15, 2018, 06:07:25 PM
 #278

This tread was started last year, now in 2018 in the U.S. the tax laws have changed. Day trading the cryptos will be a challenging task to document.
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January 15, 2018, 06:11:38 PM
 #279

Day trading need most of your time which i don't have and i can't stay hanging in front of markets that is why i prefer to go with long term methodology choosing best coins to store for at least one year .

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January 15, 2018, 06:15:55 PM
 #280

Day trading need most of your time which i don't have and i can't stay hanging in front of markets that is why i prefer to go with long term methodology choosing best coins to store for at least one year .

For day trading, you need at least 4-6 hours every day. This is not possible for most of us. That's why we can't make money from it.
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