Day trade is more a lucky thing or skill

[TheKeyLongThumbI]

If you daytrade using a lot of money then you don't need much of the luck because with just a right discipline, a small increase in price is enough for your profits and just repeat for more abundancy. But if you only have little money then you just don't need skill but also luck and I mean good luck.

[JaxxBoll]

I think this is purely a skill. If you rely on luck to trade then I think you will fail. If you train good skills you will earn a lot of money thanks to day trading.

[Alexvid]

If you daytrade using a lot of money then you don't need much of the luck because with just a right discipline, a small increase in price is enough for your profits and just repeat for more abundancy. But if you only have little money then you just don't need skill but also luck and I mean good luck.

Yeah and you need a good market. When everything is in red you don't really have much room to make profit.

[Katfilka]

Trading without any skills is the same as gambling and risking to lose too much of your investments so you have to be prepared and be able to analyze charts of different coins in order to know when it is the best time to sell.

[ArnoldChippy]

If you daytrade using a lot of money then you don't need much of the luck because with just a right discipline, a small increase in price is enough for your profits and just repeat for more abundancy. But if you only have little money then you just don't need skill but also luck and I mean good luck.

Luck is important in every field of life, either you play gambling, an investor or a trader, you need to have a good luck, but additional you also need to have good experience, skill and knowledge, either you are a day trader or a long term investor. I think that skills in long day trading is too much important without having good experience and skill it is more risky to do trading.

[Xardasim]

If you want to learn what trade is, you should investigate, learn. After learning the entrance, you should apply them to chart. As time goes on you will know more and then you will find the way to earn money whether you are long-term or short-term. You will not need a luck anymore.

[PrudnikovLS]

To be engaged in trading it is not necessary to sit all day in front of the monitor and watch the charts. This activity can be done 3 hours a day. If you like to do this, then trade and do not quit.

[incomefromcoins]

day trade need lot of skill and luck in another end at current times even day trade wont work due to instability of market conditions

[putrii]

it seems like daily trading does require a very good skill to be able to see the right time to buy and sell coins and more should have the expertise to control your patience because without skill is difficult to make a profit.

[A L I E N]

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?

Any trade requires first of all skills and then a little luck. Without skills and understanding of this sphere one can not receive a constant profit.

[rainezerr401]

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?

There is no lucky thing in trading because the concept of marketing is based on a skill and logic, every traders who cannot handle their temper will obviously fail in trading so i believe that most successful traders are well knowledgeable about the market.

[MMnoob]

I think day trading can be profitable because our skills monitor the market every day, daily trading is more profitable but should be monitored every day.

[MI6]

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?

i think it is more on lucky, or maybe that day trader have good analyzer or informan that can tell him what coin to get pumped daily. because in 1 day it is hard to pick 1/2 from all kind of coins and token in a market

[ArifNewaz]

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.

[dollurs]

It is skill. Mainly a better understanding about the behaviors of the charts and emotion control will give you very nice results. You also need a little bit of luck. But if you only believe in luck then it is not trading. It is just gambling.

 

[Marcsymon]

I think day trading can be profitable because our skills monitor the market every day, daily trading is more profitable but should be monitored every day.

If you have enough time you can earn more by doing day trading because day trading needs full time looking the market situation. Your skills also in analyzing market condition will might bring you to be more lucky in performing day trading because you can easily determined which coins to buy, those having great potential to grow that might be able for you to get more profit in a short period of time.

[Rufsilf]

Day trading will never be based on luck because it is all about skills because if you have skills then you can minimize the risk of losing money in day trading since it is very risky and you are playing with the volatility of the market day to day and if you will just base on luck then you have a high chance to lose a lot of money since you don't have foundation to rely on.

[lolehiM92]

If trading is a blessing and a skill, if you have the luck you will have many miracles going on and you will have the skill to get that deal. and i like the vif you get them 2 in 1  lucky thing and  skill

[bennie4]

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?

With a market that is constantly fluctuating and difficult to predict, it can be seen that the price of bitcoin is constantly decreasing and the price of altcoin is falling sharply. The market is increasingly unpredictable and trading is more difficult so you should trade short-term by day and may find that you can not rely on luck at this point you need a lot of skill. to be able to trade successfully.

[Soots]

Day trading will never be based on luck because it is all about skills because if you have skills then you can minimize the risk of losing money in day trading since it is very risky and you are playing with the volatility of the market day to day and if you will just base on luck then you have a high chance to lose a lot of money since you don't have foundation to rely on.

Eventhough a skilled trader knows a lot in trading, it has no 100% that they will see a profitable price when doing day trading despite of the falling market value. It isn't worth it, skills was wasted because the price will have to go the dip eventually. Everyday could take more times to change its fluctuations, that's why volatile price always goes up and downs but actually dump its value in a long run.