Day trade is more a lucky thing or skill

[Renampun]

Can you read the future?, if you can then you will win while trading, many have a strong analysis but the chances are precisely only 85%,

nothing really have the perfect ability in trading, those who succeed in trading must use something (software or other tools) to get his/her shot right.
so what you're looking for should be is the tool not the skill  

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[Chachacoin17]

The best strategy for newcomers is to try buy low any cryptocurrency from top-50 and hold it to sell in high. If you want to trade into a day you will have to learn about technical and fundamental analysis. Because successful day trade is very difficult.

In the volatile world of cryptocurrency, it does not only affect our performance as traders but also the profit we all worked hard for. Luck may be part of the game as things would sometimes be on our favorable side despite the circumstances, but I don't think we have to rely much on it. We still need to improve our knowledge and skills, these are our great weapon that we can use to be an educated and responsible trader. Day trading is dangerous if you get yourself involved without having sufficient knowledge on how the crypto world really works and how to be a wise player in the field of day trading.

[ecnalubma]

Day trading requires skill, luck and instincts. Sometimes prices are driven by emotions and manipulation thats why its hard to predict and indicators can be advantage or disadvantage. Its kind of serious job that needs focus to maximize profit and avoid loss.

[Usmanmuhon]

Day trade is very risky If u have more then 500$ you can Trade day..Day trade is High Risk High Profit.But day trade is more money if u have more inowledge about Crypto market..I think u must kniw about stop lomit stop loss.. So day trade is good

[Compa]

Day trade is a skill and analisys, sometimes need a lucky too.
but trading is not pure of lucky. of course. Trading is a skill and needed an analysis to do that.

[ryzaadit]

If just use Lucky then just play a gamble game, go to casino and win some money from your luck. On busines and investment always have some strategy / skill to make sure you have potential gain some profit

[seven2smoke1]

I think both of them because if you have skills and luck in trading for sure you can make a nice profit and luck, it can also make you earning money in trading, but if we talk about just skills in trading, there is a chance to lose, but even if you see yourself losing you shouldn't panic at this point, you should wait and keep waiting until this loss become gain again.

[Shelluser]

It’s not about luck that matters in trading but your behavior in analyzing the stock market. If you make a right move, nobody can stop you making money.

[gabbie2010]

Day trading entails being an experienced trader equipped with all the trading analysis considering the fact that Cryptos are highly volatile especially when trading with lower charts of course this is not gambling else a trader will be in losing side all the time.

[ModGirl]

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.

It requires good knowledge to be able to survive with daily trading and it must be a combination between luck and skill. If we only rely on our feeling in daily trading, surely that will lead us to a very bad result at the end.

Yes it needs emotionless and feeling less to be a day trader as it will not let you get sell at the time of fallen price, it takes to have high knowledge and good information about trading, instead of relying on others to advise you make your own decisions about trading as if you are a day trader if needs to be lucky and good informative mind which will help you make right decision at the time of need.

[atetess]

I believe that day trade includes lucky thing and skills as well.  Trading is unpredictable,  it means that we cannot forecast the next price.  So if you put your investment at the right place then you are lucky to have more profits.

[abayan]

I believe that day trade includes lucky thing and skills as well.  Trading is unpredictable,  it means that we cannot forecast the next price.  So if you put your investment at the right place then you are lucky to have more profits.

Not al the times you are lucky so if you do it everyday it will really test how lucky you are. The volatility of market will not going to save you or guarantee that you will earn everyday. For it to achieve skills is the best friend that you will need to have.

[BlackPanda]

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?

When you choose day trading then you must have the skill and also the luck. Skill is very influential because then you can do a good analysis so you can choose which coin has prospects and which are not. Besides that luck is also a factor to watch out for, luck could have been present in the final condition where sometimes there is a very fast and influencing news. Well with luck then we can avoid a bad thing happen. I say that because in this crypto world everything can happen and we are in a very difficult moment to predict.

[Briella18]

Since the cryptomarket is very volatile, I can say that Day Trading is a combination of luck, skills, and knowledge. These 3 cannot stand alone in day trading.

[alan2here]

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?

Day trading is more of a matter of luck than skill. Because the volatility of the market in a day is very difficult to predict, you will not be able to understand how it works in 24 hours and you only deal in blindness. Anyway, it still brings little profit for us to be able to pay for living.

[jrrsparkles]

Since the cryptomarket is very volatile, I can say that Day Trading is a combination of luck, skills, and knowledge. These 3 cannot stand alone in day trading.

Yes,in day trading we need the luck and skills to get profits and the more important is patience which is not there in many day traders who lost their profits.But in crypto trading the luck is also the main thing because we investing on the cryptos in the thought of the price will increase more but no one really knows that when it will.

[nieninja53]

Day trading is a skill, how to judge the market on daily basis, how to set trade in day trading margin, how much profit is in under estimation and set a plan according to this, these all information and ideas are the skill that makes your daily trading to a good profitable,

[tatalin]

It is a combination of luck and skills, I believe. Because not all can do day-trade. It requires a skill for you to understand the charts and know when to buy and to sell. Though I may say it's luck because if it hits your desired profit. Overall, trading is a skill. It doesn't rely on just luck.

[MintCondition]

It is a combination of luck and skills, I believe. Because not all can do day-trade. It requires a skill for you to understand the charts and know when to buy and to sell. Though I may say it's luck because if it hits your desired profit. Overall, trading is a skill. It doesn't rely on just luck.

It's more of skills, to be able to know the right time for it, we mist study it's graph as well be updated on what it can have or used with. Luck is necessary to those who just testing it.

[raider150shifter]

It is more of a skill,
Technical Analysis is recommended if you're day trading

What is Technical Analysis?
Technical analysis is a trading tool employed to evaluate securities and identify trading opportunities by analyzing statistics gathered from trading activity, such as price movement and volume.

Master the analysis, goodluck!