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Author Topic: Day trading was fun!  (Read 1697 times)
cheezcarls (OP)
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March 30, 2018, 01:37:41 AM
 #1

Hello guys!

I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.

I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.

I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.

The basics of buy low sell high at a right time. Win or lose, it was fun!

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March 30, 2018, 02:03:36 AM
 #2

Yeah it is fun if you have lots of money to spare and never really care about that much your preference and ours are different day trading isn't fun for everyone almost every traders that day trade's are always stuck at holding if they don't get what they want, unfortunately for some they didn't recover the loss that can't reproduce in the meantime leaving them broke as hell.
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March 30, 2018, 02:20:00 AM
 #3

It is really fun and I have done it several times on poloniex, funnily enough I was very knew to day trading but used the basic principle of buy low and sell high.The sad part is you could become a bag holder if you don't play your cards well and it happened to me a couple of times too,I just had to suck up the losses and move on.

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March 30, 2018, 03:27:47 AM
 #4

Day trading more consuming times and need more skilled than swing trading, but also promising higher profit. In this current situation of market day trading will be more profitable than swing trading, just take profit 5 to 7% in every trade and finally in amonth can be make profit more than 30%.

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Indrawan77
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March 30, 2018, 04:07:06 AM
 #5

It is fun when you making profit, and you will think day trading is disaster when your investment got stuck and losing money, trading need a lot of skills and experience we can't always depend on our luck and the market is very unpredictable so it's risky, but once you know how to handle it then money will come to you, but day trading is very stressful
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March 30, 2018, 04:58:37 AM
 #6

It is fun when you making profit, and you will think day trading is disaster when your investment got stuck and losing money, trading need a lot of skills and experience we can't always depend on our luck and the market is very unpredictable so it's risky, but once you know how to handle it then money will come to you, but day trading is very stressful

Yes I totally agree,  It is only fun and exciting when you are are able see your money/coins growing but it is really depressing and stressful when you are losing money. This is why you need to detached your emotion with  your trades even you are winning or losing. I know it is easier said than done and it is our nature to be emotional on money but if you can do this you will be most likely a successful trader.
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March 30, 2018, 05:07:27 AM
 #7

I believe you were lucky to find yourself in qucik margins. I mean no coin is there which can get up and down so shortly. There has got to be group moment when you started your trades and then made the market for FAITH move like that. Otherwise tell me which market will go instantly from 45 to 50 satoshi unless and until there had been huge pump and dump of the same coin.

I know you tried to be whale but you had not much coin which can move this market on such bigger level.
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March 30, 2018, 05:09:44 AM
 #8

Just lucky that there were buyers ...
Bitcoin falls and it's very bad.
All coins are sold for bitcoin and ether, but their price does not please at all (

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March 30, 2018, 05:12:09 AM
 #9

there is no way of knowing for sure, but based on the information you are providing i have a feeling that you are trading based purely on luck not skills!
for example it doesn't seem you are buying coins because you analyzed the market, it seems like you buy them (FAITH for instance) because you are making a bet. and gambling with your money in trading turns out fine sometimes and bad the others.
and this is not the right way of trading if you want to be successful for real in the long run.

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March 30, 2018, 06:10:31 AM
 #10

As far as I see, day trading is more of a luck thing that knowledge. Especially in crypto when the transactions are not instant. Maybe if forex you can win with day trading. But in crypto...

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March 30, 2018, 06:22:55 AM
 #11

Hello guys!

I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.

I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.

I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.

The basics of buy low sell high at a right time. Win or lose, it was fun!
Cherish it while you can, and don't over do it. Keep some of your profits. I was able to do the same back when ETH went up by almost x4 but it was short lived when I tried to buy XRP and lost it when it went down and now I went back to where I started and lost a bit. So I guess it's not everyday you win in trading.
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March 30, 2018, 06:41:42 AM
 #12

Hello guys!

I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.

I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.

I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.

The basics of buy low sell high at a right time. Win or lose, it was fun!
Day trading is not a fun job,it is a serious job you will lose your money if you miss out the opportunity,you need to be always working to make more money.You may made profits due to luck but it will not happen always so try to learn basics first and involve in trading if you are serious about it.









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March 30, 2018, 07:08:43 AM
 #13

I agree it is really fun, if you trade with coins that will not hurt you in the case of loss, actually if you are not too greedy, it is mostly profitable.

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March 30, 2018, 09:35:38 AM
 #14

Hello guys!

I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.

I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.

I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.

The basics of buy low sell high at a right time. Win or lose, it was fun!
Day trading is not a fun job,it is a serious job you will lose your money if you miss out the opportunity,you need to be always working to make more money.You may made profits due to luck but it will not happen always so try to learn basics first and involve in trading if you are serious about it.
even I do not think this is a joke.
Daily trading can create stress. with current market conditions trading is not possible. Stop loss or hold until several weeks ahead. Another way to make a profit is to backup.

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March 30, 2018, 09:58:22 AM
 #15

Hello guys!

I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.

I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.

I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.

The basics of buy low sell high at a right time. Win or lose, it was fun!
If calculated in mathematics then you are the one who get the benefits. But you only get very little profit. I think that is not fair because we should be able to get more profit. That is the simplest basis of trading, you should try a larger amount and I make sure that when we do Trading with a larger amount then we will get a much heavier pressure. Emotional control and also patience will determine whether a Trader will benefit or even lose.
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March 30, 2018, 10:01:19 AM
 #16

Hello guys!

I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.

I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.

I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.

The basics of buy low sell high at a right time. Win or lose, it was fun!
I will try to practice some of this your strategies on some new listed coin on exchange and see it it will work for long time the ways your own happen. I have been trying to trade some of the new tokens currently and it has not really work out based on my plan but I will add this your strategy to my.
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March 30, 2018, 10:36:57 AM
 #17

Hello guys!

I thought this was never a fun experience when it comes to day trading. Despite the risk, I still find it a lot of fun. First, I try to be a "whale" to manipulate others to dump price by selling all of it. I was selling FAITH to BTC at 45 satoshi and successfully sold half of it.

I bought 277 and 754 FAITH at 45 and 47 satoshi, respectively, hoping that I could have an extra. Then, I decided to sell them all at 50 satoshi. As a result, I have successfully sold more than half of it at that price and I have a few more left before its sold out.

I'm doing this for fun, you know. At the same time, I got profits. However, there's no such thing as perfect day trading strategy. Perhaps, I'm just lucky.

The basics of buy low sell high at a right time. Win or lose, it was fun!

Absolutely, its really fun, "as long as you are getting a good profit out of it, but what happens when you lost in a blink of an eye? Initially, I was also doing if for time, just targeting a good market of profit per day is good. But overall, I win some and lose sum. So I just decided to quit day trading, and just buying bitcoin and top altcoins for long term hold. Yeah, I thought that you just got lucky, probably just a beginners luck or something. LOL. And just like what I said, if you know what you are doing and have a entry and exit strategy, you can mitigate your risk. However, if you became too greedy, then it might be the reason that you will eventually lose it at the end, so just be careful and goodluck.  Grin Grin Grin

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March 30, 2018, 10:39:55 AM
 #18

yeah, as long as you start small and keep the risks that you are taking to a reasonable level, it is going to stay fun and also profitable. but the problem with day trading, specially when it comes to altcoins day trading is that the market is completely unpredictable at times and it can potentially mean losing everything you own and all the profit that you had made so far!
for example being in the right altcoin at the wrong time can mean a disaster...

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March 30, 2018, 12:48:21 PM
 #19

I think short time trading does not give big advantage and spend time to do that, I can not do that because I have a job
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March 30, 2018, 01:43:43 PM
 #20

there is no way of knowing for sure, but based on the information you are providing i have a feeling that you are trading based purely on luck not skills!
for example it doesn't seem you are buying coins because you analyzed the market, it seems like you buy them (FAITH for instance) because you are making a bet. and gambling with your money in trading turns out fine sometimes and bad the others.
and this is not the right way of trading if you want to be successful for real in the long run.

Yes i'm agree with you , trading is different with gambling and tossing coins!
And i'm not a fan of day trading , it is not fun for me and gives me insomnia coz this market is 24/7!


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New Age of DEFI
A Non-Code Platform for
Decentralized Trading Instruments

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