What Does Day Trading Means?

[royalbittinz]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

[1715202991]

1715202991

[1715202991]

1715202991

[1715202991]

1715202991

[TwSeventh]

Day Trading means;

Day : Daily
Trading : Is an act buying or selling aka Trade.

conclusion,Day Trading is an act buying or selling your asset daily to get profit from the trade.

Advantage : you can get a profit daily.
Disadvantage : your emotion will be unstable because you need to look at it daily and at the same time protecting your capital.

[Sinecoin]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Day trading means your executing a buy and its corresponding sell on the same day.  Day traders are usually looking to ride the swings of the day by looking at the charts and trying to predict what the lows will be be and what the highs will be.  This does come with a lot of risk though.  The trends never last that long and you could end up stuck at a position just because the price jumped in a direction you did not expect it to.

[Lukan]

Now you know what it is, but you need to know that day trading is not easy for most of the people. I advise you first to get into the usual trading or long term trading as we call it, just to feel the whole thing. After you get some experience you could do this one too if you like it.

[bitllionaire]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Day trading means your executing a buy and its corresponding sell on the same day.  Day traders are usually looking to ride the swings of the day by looking at the charts and trying to predict what the lows will be be and what the highs will be.  This does come with a lot of risk though.  The trends never last that long and you could end up stuck at a position just because the price jumped in a direction you did not expect it to.

Yes short term investment can be consider as day trading, if we purchase something and on the very same day if we sell it , this is called day trading, some time people are hold bitcoin or any other crytpo currency which can hold for a day or two, such trading is also called as day trading, i think day trading is more profitable but you also need to have much experience in day trading.

[cryptolet]

Day trading are trading operations that are completed wihin a day with the of making profit in that same day. This trading takes place more especially in the foreign exchange -forex market and stock market.

[chris200x9]

Now you know what it is, but you need to know that day trading is not easy for most of the people. I advise you first to get into the usual trading or long term trading as we call it, just to feel the whole thing. After you get some experience you could do this one too if you like it.

Yes, this point is very important for a newbie. Because day trading is almost like a gambling just a guessing game and in this guessing game many times we will do a mistake and even experts can't predict things every time correct. So if your a new to trading then first start with investing and slowly learn how this trading works then can try your luck in day trading.

[alan2here]

Day Trading means;

Day : Daily
Trading : Is an act buying or selling aka Trade.

conclusion,Day Trading is an act buying or selling your asset daily to get profit from the trade.

Advantage : you can get a profit daily.
Disadvantage : your emotion will be unstable because you need to look at it daily and at the same time protecting your capital.

exactly. In addition, the amount of time you spend to trade a day is more than the amount of time a short-term or long-term investor works.
That is the first disadvantage and your capacity will decrease considerably when you spend all day focusing on the computer screen. Your health will be affected a lot and profit in a day is quite low compared to other investment strategies.

[RivAngE]

And don't forget the money that you lose on fees and margins every time you execute a trade.
When I started trading forex, I'd day trade and after 6 months I downloaded my history in a CSV file to see why was I slowly losing money. It turned out my gross profit/loss was very close to 0 even with the margin considered, but the fees of my many trades put me into loss.

My advice if you want to try day trading... go to the same direction you'd go if you were to hold for long term, then if you get some profit by the end of the day, reduce your position. If it does not go your way, well... you'd hold this position for long term right? So don't take the loss if you know what you're doing.

[TTITA]

I think for new beginner in trading, kind of this things could be very difficult to do.
Daily trading are focusing on setting limit order, of course you need good capital for starting point as daily trading can be get big profit in very short time. Some time ago i was seeing some videos on you-tube which content about Crypto Bot Trading as this one
https://www.youtube.com/watch?v=48-aTzv1_5Q , which can handle your daily trading suggestion.
But for sure, you have following the trends of the market before taking buy/sell action.

[iv4n]

Day trading is when you earn from daily fluctuations that price make, it can be in the range of 10% or more. On this current price that is 700 dollars. But you need to buy at lowest daily price and sell at highest daily price, it's not always easy to earn from that fluctuations. You need to be active all day and to be fast to do your trades in perfect moments
There are days when price just keep falling, you need to know how to avoid this days and to not trade. I don't like day trading, I always thought that you need to have some very special source of information to be able to earn from daily fluctuations. I never had it so I trade in my own way, its what I advice to others, adjust your trading with your free time and your bankroll and find your own strategy, day trading isn't for everyone.

[macchiato]

Day trading is when you buy a certain coin and wait for its price to increase a bit (usually takes a day or more but not too long) and then sell to earn profit. Realistically, coins grow from 1% to 5% each day. If lucky, it could jump 10% more than its previoua price. It is a risky job because it is very uncertain. Coins are volatile and you cannot guarantee that prices will grow the next day. Having technical analysis skill is an advantage if you choose this kind of job.

[SyrulRamadhan]

daily trading is risky. I think it's safer to play long term maybe a week or a month safer and good for health haha. because if you choose to play daily trading it is bad for health because you will see the price every time and it is bad for your eyes and heart hahaha 

[ajqjjj]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Day trading is a continuously monitored in Crypto platform because we should always active our investment we can buying and selling in right time. But we should gain more profit in day trading at the same time is not a easy domain we should work hard in this trading.
Advantage: more profit.
Disadvantage: more risk.

[francesyrus]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

If you have enough time for trading I think day trading is better because you can earn alot in few minutes or hours if the crypto currency you buy has moving up and down continuously, the disadvantage would be if you buy at high price and it became dump and never pump again on that day.

[gentlemand]

Primarily it means setting large amounts of your money on fire and refusing to acknowledge it to yourself by going on places like this and haranguing people, and Bitcoin. Then you go away and never come back.

[gantez]

I simply say that day trading is short term trade rather than long time trade. It is trading short and exiting the market.

Thus, one of the disadvantages of day trading is that the emotions will be involved because you are going to be monitoring the market often and panic will make you close the trade at an unexpected time.

One of the advantages is that since it is not long term, you can make discent profit by exiting and entering in between if the position for profit is clear. Although, you might also be stocked in if it does not go well too.

[dead_m92]

I simply say that day trading is short term trade rather than long time trade. It is trading short and exiting the market.

Those are the words that i would use.. most people confuse day trading with short trading, and they are not the same by the way.

I dont like to trade, but there are some things that i got confused when i started (yes, i tried it for some times, and i lost a lot of money)

[Ararbermas]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

some stated above is true about doing day trading and what is day trading. So now I'm here to share my knowledge and experience also with it which is what are the disadvantages advantages  it contained ,  so let's start with the disadvantages , doing day trading is so stress and you cant even sleep especially if the market isn't stable. Unlike long term less stress and for sure you can gain more profit with it. But the advantages in doing day trading is you can gain more profits on it real quick especially if you need money but unless you get the right timing to sell and you know how can control your emotions.

[AnonBitCoiner]

Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Day trading means,buying and selling bitcoin in every day.To do this you should be experience trader.The beginning trader use to buy a bitcoin at dip and hold their bitcoin till it reach maximum value.It may be month or two months.But day traders use to buy and sell bitcoin in same day.