What Does Day Trading Means?

[Rajamuda]

This is more active effort and takes the time that can be said in a tight time and keeps track of price movements from day to day. Regarding getting a profit or not, it certainly depends on the picked coins, whether it really has the potential for daily trading. Basically, if it's picking the right coins.. definitely get a profit, and it also depends on our expertise in observing price movements from day to day.

[marqonah]

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

I think daily trading is something that at that time also make purchases and also sales, in order to earn profits in daily. such as, when buying bitcoins at low prices, and not using a lot of time, after knowing a bit of bitcoin increase, and immediately sell it. to make a profit. although daily trading remains a risk of losses. and the profit is not too much.

[yohaneshs]

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 trading plan for some traders to earn profits daily, range time is varies but usually they have a target profits and if was reached they quit from the market. Buy and sell in the same day, have a little profit as daily but if counted for monthly it's profitable

[dsaijz03]

It means you are Trading Daily. The advantage you can get is you can earn your daily profit if you know how to trade but the disadvantage is if you have a regular job it would be disturbing since you need to check it all the time to know when will you gonna sell or buy cryptos.

[vv181]

As stated on the Investopedia

A day trader engages in long and short trades in an attempt to profit by capitalizing on the intraday movements of a market’s price action resulting from temporary inefficiencies in the supply and demand of the moment. A day trader often closes out all trades before the market close and does not hold any open positions overnight. Some day traders use leverage to magnify the returns generated from small stock price movements.

You better research it on the Investopedia page since mostly all the posts here is wrong.
for your reference: https://www.investopedia.com/terms/d/daytrader.asp

[DOLONCHAPA]

Day trading (and trading in general) is the buying and selling of various financial instruments, such as futures, options, currencies, and stocks, with the goal of making a profit from the difference between the buying price and the selling price. Day trading differs slightly from other styles of trading in that positions are rarely (if ever) held overnight or when the market being traded is closed.

Day trading was originally only available to financial companies (such as banks) because only they had access to the exchanges and market data. But with recent technology such as the Internet, individual traders now have direct access to the same exchanges and market data and can make the same trades at very low cost.
more details https://goo.gl/dzBJVM

[Kim Ji Won]

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.

Correct! Day Trading is most suitable for the people who can dedicate their time to it and can focus on analyzing the market well. Also, you should think about it first before trying day trading if you will be emotionally and mentally prepared for the uncertainties that come along in predicting the market. You might end up losing even more even though day trading is supposed to earn you quick profits.

[Leonard2016]

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

Also day trading is frustrating , and could gives you a hard time , because of sharp movements of market , a good day trader is the one whom closes all of his/her orders by the end of the day , and if you could close all of them with profits , your very good!

[riaruhs09]

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 trade that is done in a short period of time or daily. in trading day of course there will certainly be advantages and disadvantages but by trading day in my opinion have a higher risk because we must really use pump and dump effectively.

[seramania]

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 trade that is done in a short period of time or daily. in trading day of course there will certainly be advantages and disadvantages but by trading day in my opinion have a higher risk because we must really use pump and dump effectively.

although the risks for some traders are very large, but daily trading can be used as profit earnings every day and can be more effective than having to wait for long term trading.

[Woterry]

From the word itself, daily. This will keep you a lot occupied if you do this. You will look into coin updates everyday, every hour, or even every minute. Daily trading will give you short term earnings but not that high earnings like long hold trading. Daily trading is a technique to get daily earnings, but some find this technique stressfull.

[Reid]

I don't think it should be thought like that.
Yes you could say it as day trading but you don't need to do it all in one day.
You sell now and maybe make an order after that in just one day. But you will have to wait for that to be fulfilled. So you could say it is not literally day trading.

The activity of one trader checking it everyday could explain it all. He needs to check it everyday or sometimes every hour just so he could be updated.

[gudrun]

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

As far as I know, day trading means short-term trading only for short periods of time and will not hold for a long time. Short-term trading is very suitable for the market at the moment, you can see that bitcoin prices are constantly changing and are very busy so trading on a daily basis will minimize the risk for you.

[jsrenthourse]

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

you can understand the transaction in short time and always end the 24h transaction. The field is linking and highly problems, do you do you translate the transaction by the day will be you get the ro ro may and the bad may be happen. You make up the specific plan and the specified and sure you must end the transaction within 24h.

[liuqi]

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 continuous monitoring in Crypto market. Because we should sell and buy in right time then only it make good profit. At the same time it is more complex if you have some knowledge in trading then only it will supporting to you otherwise day trading is risky platform.
Advantage: unexpectable profit.
Disadvantage: unexpectable loss.

[freesia_pnp888]

i think it should be "trading" overall lol. daily trading ok it's legit. but not in my case.

[strongwarrior238]

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

I think that trading day by day is a trade in time and it will end within 24 hours, you can see that the market over the past days is constantly fluctuating and difficult to predict, so the trade will be more The prices of bitcoin and altcoin are constantly increasing, but overall, they are still in the downtrend of the market so you should be careful when investing.

[richcorner100]

In my opinion day trading is mean the duration between buy and sell in short times just 1 or 2 day. Day trading actually promising higher profit than swing trading but this trading methode need more times and more skill and knowledge. You can make big profit from it, if you can spend much times and have good trading strategy. In this bullish market you can doing day trading and take profit more easy.

[eloymjb]

 day trading is a simple tactics of a traders that if they buy now they do sell it for a quick or an instant. they want a fast profit nor small profit but fastest transaction they had. day trading is a way that you gain your daily profit and not on hold.

[untugede]

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

day traders are certainly different from investments, suppose there are people who trade today, people who buy wrong one altcoin and are sold that day, although they get a little profit, but they can sell and buy one day can several times, so they will quickly produce fortunately, but that's not everyone can, people who do day trading are people who have the speed to be able to analyze when he sells, and when they will buy it, if suppose we do not really understand better we invest only, by buying wrong one coin that we think the coin has a good potential for us to keep for a long time.