Day trade is more a lucky thing or skill

[bedulook]

Day trading is an act and can be learnt. Though luck play part in the selection of coin to trade but if you learn and become skilful,you will succeed.

[xhienigat]

In trading you can't say that you are lucky its more like of a skill if you don't have the skill then you will lose all the time. If you know what you are doing then making profit has a bigger chance.

[Rj Manik]

Day trade is really better if market capalization is good.But when market going down all coin rate decrease.But it's learning good about trade.day trade really keep increase your skill.A skillful trader get a good profits daily with day trade.If you want to earn money form day trade you must have good skill about trade.

[xSkylarx]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

Skill. As a trader, you won't be able to do daily trading without enough knowledge and wisdom about it. If you love what you are doing , then you must be eager to know more about the basics of it. In daily trading, you can't just rely on luck but you have to work for it. You need to gain knowledge about it.

[Haladay]

Day trade is really better if market capalization is good.But when market going down all coin rate decrease.But it's learning good about trade.day trade really keep increase your skill.A skillful trader get a good profits daily with day trade.If you want to earn money form day trade you must have good skill about trade.

Both is required I think. Without luck, you can be skillful but you can't be successful in the market. Without skill, you can't make correct orders. You lose your capital. And we can result in that we need both of them.

[Tapyaks72]

Day trade is really better if market capalization is good.But when market going down all coin rate decrease.But it's learning good about trade.day trade really keep increase your skill.A skillful trader get a good profits daily with day trade.If you want to earn money form day trade you must have good skill about trade.

Both is required I think. Without luck, you can be skillful but you can't be successful in the market. Without skill, you can't make correct orders. You lose your capital. And we can result in that we need both of them.

I think skill associated with luck i the reason why there are successful in trading daily because how can be luck if you doesn't know how to predict the exact time and amounts you should trade maybe skills would take place but for  the timing when the price and hike is most likely the luck would take place.

[Webetcoins]

Day trading is an act and can be learnt. Though luck play part in the selection of coin to trade but if you learn and become skilful,you will succeed.

You should always keep this thing in mind that there is no luck. Luck is just a form of randomness and you can never rely on this probability theory of life. Besides, skills does matter and you need to build your skills and experience pile by pile to keep going in the market. The hold decision does work and not selling your coins in the red market is a good decision which pays off in the end and people call it luck.

[ApocalypseNow]

Skill first then luck comes in second or just a bonus. Some traders are already satisfied with a 100k sats of profit because they know that it's just a swing trade but whenever they're lucky they can get as almost BTC.05 a day.

[StarofBTC]

I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.

It is the skill, but you cannot do it without the knowledge that gives these skills that further help you get the bigger profit. A tip to make more money and not lose: deal with many altcoins.

I don’t think so that there is any such way because of which we can say that day trading is gambling and that this is something much different than that of the gambling. If you are busy in day trading, then your focus should be on the learning of the things which you are still unaware of as knowledge about the things is something which can then help you in having a better earning.

[swscowods]

I was told many times day trading in crypto is gambling. Successful day traders in stock or fiat markets having winning-to-losing trade ratios of over 70% but not in crypto world.

There is nothing in crypto market resembles with gambling in any context. Day trading is not a gambling at all, it is the toughest type of trading always and you need to sit in front of your laptop all day long, observing the fluctuations in the prices of coins in order to make a deal at the right time. Most of the people do it without any good knowledge and then end up associating it with gambling to justify their loss.

[thetruth123123]

I believe that luck has some kind of role in that, but the professional trader should never relly completely on luck alone

[victorski]

Luck is absolutely not the thing you should consider. It is not a common thing, it is not stable, so just try to learn how to trade better

[mudasarali43]

I think sometimes you earn well simply but I think in daily trading you can earn only if the market will remain stable because if market move unexpectedly than you have minimum chances to earn with expectations because unexpected movement may put you into loss,

[cardo]

I think being day by day trader is difficult and you need to be aware in market status also you should have big investment when you're an day trader to gained huge profit but you can't depend on luck good analyze is must.

[DPrillio]

I think sometimes you earn well simply but I think in daily trading you can earn only if the market will remain stable because if market move unexpectedly than you have minimum chances to earn with expectations because unexpected movement may put you into loss,

Day trading needs skill to be effective but being lucky is a big factor to be more profitable, so as for the skills and timing are both important to obtain desirable profit. Think that even how skillful you are but the market is not in a good way to trade then nothing we can do for that, therefore the lucky thing is on the market status and that is beyond our control.

[MudahDanHemat]

A combination of both. trading also needs a strategy and it is a skill that needs to be sharpened and improved. Trade without strategy? then goodbye.

[celtic99]

The people that call it luck are the ones that usually fail.  I do think there is a lot of knowledge and skill involved, but no matter what every person will experience somme bad trades.  It all boils down to making more good trades then bad trades, its that simple.

[data_teks]

I do not think that having this kind of skill is enough to get a constant profit all the time and I am sure that some people are just lucky to pick the best coins or invest in them when it is the best time to do so.

[arbitragewin]

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

Arbitrage trading is not depends on luck but the simple skill to capture the profit. Minimal risk stable returns.

[francis2]

Depends on your knowledge. If you're a noob, then day trading is nothing more than gambling. On the other hand, there are people earning millions day trading using their skill and experience.

Yes day trading at first sight may seem like something incredibly easy to do but without knowledge and experience you are almost guaranteed to lose all your money this is why despite the great profits that you can get in the market the best thing to do is to start slow and only invest in the most well known coins and only try to day trade once you have read several books about the subject.