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Author Topic: day trading effective?  (Read 1910 times)
Sean25pogi
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May 07, 2018, 10:16:48 AM
 #221

Yes of course, day trading is effective in terms of daily basis because you will earn income in just a day and it is good sign to them that daily they will have income to become stable financially.
yanlap
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May 07, 2018, 09:54:03 PM
 #222

Yes of course, day trading is effective in terms of daily basis because you will earn income in just a day and it is good sign to them that daily they will have income to become stable financially.
I also consider day trading as the best and most beneficial form of trading. If someone is really good at it, this method can become a lot handy in making regular profits. Definitely, earning money on daily basis increases the capital more than waiting for long before selling out. However, all big achievements come with big difficulties. Day trading is he toughest of all too. The chances of blundering are high.
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May 08, 2018, 05:18:41 AM
 #223

Day trading is very exhaustive work. Profit is not predictable and you have to be ready every day to lose some money!
It is all about the matter of choice. Sometimes people don’t just understand how beautiful and amazing these coins are. And when they start knowing them slowly and gradually, they start moving toward long term and short term investment. But here comes the choice, whether you want to get big money but late, or short money but shortly. As per situation select anyone of these two tremendous methods.
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May 08, 2018, 07:03:40 AM
 #224

day trading is effective when market is very unstable. if daily fluctuation in price is more then you can make big profit. in stable market you will not get too much profit.
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May 08, 2018, 09:21:30 AM
 #225

Normally experts says that doing day trading is just a waste of time because it nevr give any profits like holding do but if we can do that trading in the smart ways we can even make good profits from it.But holding is much easier and more profitable than the day trading.
Holdings are for long time and definitely you make some money after a long time. It is your right to earn money after waiting for such a long time. So it is clear that holding is much better than day trading, but one thing is important, if you know the tactics of day trading and you have the experience of trading then day trading is far better than holding.
rjsmith
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May 08, 2018, 10:15:06 AM
 #226

Day trading is very profitable but sometime is very risky.day trading is the best beneficial form of trading.if you want to make money with a short time so day trading is the right choice.cause day trading user life is really nice.
gabmen
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May 08, 2018, 11:11:22 AM
 #227

Normally experts says that doing day trading is just a waste of time because it nevr give any profits like holding do but if we can do that trading in the smart ways we can even make good profits from it.But holding is much easier and more profitable than the day trading.
Holdings are for long time and definitely you make some money after a long time. It is your right to earn money after waiting for such a long time. So it is clear that holding is much better than day trading, but one thing is important, if you know the tactics of day trading and you have the experience of trading then day trading is far better than holding.

Well i agree that hodling is better than day trading but that's mainly because i haven't developed the skill to be efficient at it. There are people who earn a lot from day trades and their practices work for them better than hodling.

 
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Uno17
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May 08, 2018, 01:03:26 PM
 #228

If the trader is packed with full knowledge on how to trade effeciently, and wide awake to watch every minute of the day, then in that sense day trading is effective for him, many traders easily get rich, meaning the system is effective only when the trader is wise and hardworking.
TRAID
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May 08, 2018, 01:16:47 PM
 #229

Trading can earn you a lot of money if you know what you're doing, but it's serious profession that requires a lot of knowledge and experience..and excellent money management skills. 90% of traders lose money long term..that's a proven statistics, so before you start day trading take the time to really absorb these numbers. It takes months, if not years to become a successful trader. Most people are better of just holding btc.

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Mi5h0
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May 08, 2018, 02:53:10 PM
 #230

Trading can earn you a lot of money if you know what you're doing, but it's serious profession that requires a lot of knowledge and experience..and excellent money management skills. 90% of traders lose money long term..that's a proven statistics, so before you start day trading take the time to really absorb these numbers. It takes months, if not years to become a successful trader. Most people are better of just holding btc.

Exactly! Leave day trading to the bots. Go for longer term trades on recently heavily dumped coins. Don't diversify too much. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid team and technology and buy the dips. At least that's how it worked for me. Wink
GawirZZ
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May 08, 2018, 03:14:20 PM
 #231

Very effective because with daily trading you can get a big provit, in view of the market price every day crypto change even every second can change. that's why daily trading is so effective
Joyawan13
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May 08, 2018, 03:51:15 PM
 #232

Trading can earn you a lot of money if you know what you're doing, but it's serious profession that requires a lot of knowledge and experience..and excellent money management skills. 90% of traders lose money long term..that's a proven statistics, so before you start day trading take the time to really absorb these numbers. It takes months, if not years to become a successful trader. Most people are better of just holding btc.

Exactly! Leave day trading to the bots. Go for longer term trades on recently heavily dumped coins. Don't diversify too much. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid team and technology and buy the dips. At least that's how it worked for me. Wink


of course to do trading today is not easy to do everybody, to be a trader we must have experience strategy and mental trading enough, to learn it all would take a long time, could be months, and could be years, and when there are Many new traders who suffer huge losses, because they mostly panic when the coins they buy down, and they sell it without thinking about the losses they experience.

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May 08, 2018, 04:01:55 PM
 #233

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?


now, the time is highly recommended for berdangang is a long term, about a week to three a day term perdagang not because it is not very effective right now.

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Bitcoin_trader2016
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May 08, 2018, 04:02:11 PM
 #234

I think daytrading effect only if you are lucky and if you have a high skill in trading but if you dont have that skill just like me a basic skill on trading will lose your investments slowly in daytrading unless you hold for long term.

Aaroenz0r
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May 08, 2018, 04:14:03 PM
 #235

maybe but you need high skill. because this market totally crazy so if you cant control ur emotion that will be the end for u

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May 08, 2018, 04:22:59 PM
 #236

It is effective only if you have a huge amount of capital and skill like a protrader because if you have a huge capital you can earn a big profit even the price move only in a small amount. For example if your capital is 1,000,000$ then with in a small swing you already have a big profit inside of it.

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darkr
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May 08, 2018, 05:03:49 PM
 #237

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?


Day trading is a very profitable business. however, you cannot do it without the skills and the knowledge. Be very careful with day trading activities.
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May 08, 2018, 06:33:54 PM
 #238

IF you become verey skill about trading and you have a large capital even you know how to analysis the market then I say you can start day drading.Remember that day trading is very risky,so much problaty to loss.
moynul2050
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May 08, 2018, 11:49:56 PM
 #239

I would say that daily trading is very risky, unless you have big capital.
better long-term trading you get a 30% chance of even greater profits.
unless you want to try the scalping method, take advantage of the market situation.
cheeseandcrackers
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May 09, 2018, 03:00:54 AM
 #240

Very very effective.  If you can understand the basics you can keep clearing that gap over and over and make tons of money.  You can't predict huge spikes up and down so you can always get screwed, but knowing the basics and mitigating your risk by laddering in your investments you can almost always come out on top.
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