What Does Day Trading Means?

[jrrsparkles]

In day trading a trader will do more trades as much as he possible to make profits,and it can't be done as part time trading because we need to be available at all the time to make profits,but it is very risky job the more chances for losing our capital is possible in day trading.If you want to be a day trader first start with very little amount and learn the basics well and then get in to with full amount you want to go with.

[Saidmod]

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 this is the most basic question that you can google out.
There are so many advantages and disadvantages it depends on your skills and knowledge.
Day trading is risky if you have no skills.
Prone to pump and dump.

[ace4549]

Day trading means like buying with the lower or chipper price and good quality of curse when the time comes that is available in the market and then sell it when the right time comes that you will be profitable enough because it offer high value.

[Coinnosaurus]

 Remember that day trading is hard, you have to be glued to the markets and news, following trends and using technical analysis to make scalps

[stomachgrowls]

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.

Indeed, where this is the difference between a long term and a short term trader/daytraders where they do really have an opposite way on making money from the word itself you can able to differentiate both things. Active trades do execute fast buy in and sell out which can potentially give out profits on a short period of time or at the end of the day but come to think off when we do talk about day trades it doesnt always means about profits but also in loss. Profitability would really be still depending on how skillful you are on doing short trades.

[GDragon]

Day trading means for me was getting a profit with a little amount of time. The advantage of it is being profitable with a short period of time but the disadvantage of is more riskier.

[Xclusive5]

As the name implies its all about trading cryptocurrencies on a daily basis.
As regards the advantage, you will get profit on a daily basis. The disadvantage is that when you sell your coin for profit, the price can go two times the price you sold it.

[susuberuang]

daily trading means you are buying and selling bitcoins at that time and on that day because your daily trading should be able to see price movements and market conditions so you can find out the right time to buy and sell.

[mahvia]

It means that you have to have more information or more luck than other day trader. And its really hard to count on the luck side..

[jems]

Day trading means for me was getting a profit with a little amount of time. The advantage of it is being profitable with a short period of time but the disadvantage of is more riskier.

I agree with you, day trading does offer a great advantage for those who do it right and have the right information. but iu will be harmful for newcomers. so basically all things are also at risk if you do not do it carefully.

[rodskee]

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 simply to elaborate need to monotor altcoin which is possible to increase within 24 hours day trade buy and sell of altcoins everyday to get profits.

The advantage of day trade can earn every single day disadvantage of day trade if your coins dumping in the market need it to reseel in the lower price because they need to buy again another coins potentially increasingly in the market. (In short day trade is risky than long term trading)

[kakonhat]

I can see many users already explained it day trading means. So I don't describe more but only one thing would like to say, if you are familiar with Forex then it's so simple to understand. One other hand if you spend your money to buy your daily bazaar that's a daily spending if you did weekly then weekly as so. I won't suggest anyone do daily trading in Cryptocurrency because it's too volatile than others even forex. I will suggest doing long time hold.

[Botnake]

Day trading means for me was getting a profit with a little amount of time. The advantage of it is being profitable with a short period of time but the disadvantage of is more riskier.

I agree with you, day trading does offer a great advantage for those who do it right and have the right information. but iu will be harmful for newcomers. so basically all things are also at risk if you do not do it carefully.

You can master your skills so if you work hard for it you will be a successful day trader.
High risk comes with high reward if you do things right, as long as it's not impossible to succeed, we can always have a chance to succeed as a day trader.
It could be difficult to others because they cannot spend time and put their passion in trading, but if you love what you do you can certainly get what you want.

[putrii]

daily trading in my opinion is that you are trading on that day so you can buy and coin the same day when you buy, and you should also have a target of at least a 10% profit every day is already profitable and you should be able to have a lot of capital .

[Finestream]

I can see many users already explained it day trading means. So I don't describe more but only one thing would like to say, if you are familiar with Forex then it's so simple to understand. One other hand if you spend your money to buy your daily bazaar that's a daily spending if you did weekly then weekly as so. I won't suggest anyone do daily trading in Cryptocurrency because it's too volatile than others even forex. I will suggest doing long time hold.

In addition,day trading requires bigger risks than long-term holding so there should be a close monitoring on the price chart and you should be active always so as not to get lose in the end.But if you're still a newbie on trading,do not just jump into day trading.Experience trading and learn to hold them for a longer time.

[akram143]

I can see many users already explained it day trading means. So I don't describe more but only one thing would like to say, if you are familiar with Forex then it's so simple to understand. One other hand if you spend your money to buy your daily bazaar that's a daily spending if you did weekly then weekly as so. I won't suggest anyone do daily trading in Cryptocurrency because it's too volatile than others even forex. I will suggest doing long time hold.

In addition,day trading requires bigger risks than long-term holding so there should be a close monitoring on the price chart and you should be active always so as not to get lose in the end.But if you're still a newbie on trading,do not just jump into day trading.Experience trading and learn to hold them for a longer time.

people live without money they won't do anything with that money so they chose many kinds of ways especially in between there are many ways to make Bitcoin and one of them is trading training difference from the traders time and date references so day trading is so profitable .

[sisjow]

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, it means you do buy and sell your coins in the same day. but i think it is very risky to do a day trade. and you need to be active all day and to be fast to do your trades in perfect moments.

[EdenHazard]

I can see many users already explained it day trading means. So I don't describe more but only one thing would like to say, if you are familiar with Forex then it's so simple to understand. One other hand if you spend your money to buy your daily bazaar that's a daily spending if you did weekly then weekly as so. I won't suggest anyone do daily trading in Cryptocurrency because it's too volatile than others even forex. I will suggest doing long time hold.

In addition,day trading requires bigger risks than long-term holding so there should be a close monitoring on the price chart and you should be active always so as not to get lose in the end.But if you're still a newbie on trading,do not just jump into day trading.Experience trading and learn to hold them for a longer time.

people live without money they won't do anything with that money so they chose many kinds of ways especially in between there are many ways to make Bitcoin and one of them is trading training difference from the traders time and date references so day trading is so profitable .

Day trading is not always profitable, there is always a loss. So for someone who has money but he doesn't have knowledge about trading cryptocurrency is not worth it, it's better to buy a bitcoin and altcoin and become a hodler. The cryptocurrency market is very painful, there is no guarantee for him to treat money well especially to become a trader.

[billknight]

Do not encourage people to use trading methods during the day. This is the very few methods people use and difficult to succeed and earn a profit. My team was involved in day trading, and as a result, the whole group lost a lot of money

[eekkaa]

daily trading in my opinion is trading every day using very much capital you can use it for trading every day dnegan utilize the existing coin price movements, although your profit a little at least you can get a profit.