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Author Topic: Day trade is more a lucky thing or skill  (Read 2918 times)
tensports
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August 03, 2018, 08:57:17 AM
 #821

day trading require experience and skills,it is not rocket science and anyone can learn its, but if you have not a lot of times then i will advise you hold your coins for long time until you reach your goals
Burmik123
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August 03, 2018, 09:05:24 AM
 #822

In my opinion, day trading is really very hard. It depends on your skill and heed. As for me, i prefer mid term trading. It is more clear and save. For trading you should learn technical analysis. If you are lasy boy, so just make an investment and play in long term. But do not belive only in luck. And do not belive to your friends - trading is hard work.
Adrin
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August 03, 2018, 10:00:10 PM
 #823

I think both. It is a skill if we trade very carefully and at least for 12 to 14 hours. In this case, we should be satisfied with little profit otherwise we must lose. It is lucky because it has a big chance of losing. Since here big lose involved so if we can make a profit then it should be lucky things ever. Though we should think always before doing anything.
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August 04, 2018, 02:17:09 AM
 #824

Knowledge is very important on trading and knowing all things will lead you to success. Day trade is good but I will prefer long term for the longer success will be a good one with a big profit comes.
pungopete468
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August 04, 2018, 03:01:23 AM
 #825

Luck still exists, in addition to the knowledge that we really have to be able to make a profit in order to get maximum results. experience is also important when we want to trade in order to convince our decisions

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big_bankir
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August 05, 2018, 08:22:21 PM
 #826

Relying only on luck in day trading is insane. Of course, any daytime crypto-currency trader is a professional in his field and it's your skills that help you earn money.
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August 05, 2018, 09:19:33 PM
 #827

Sometimes we can say that day trade is a lucky thing. But for me in general, it is your skill that makes you successful in trading business. Lucky is just another term for a chance or wild guessing. But when we talk about skill, it is well-planned, thorough research and with technical analysis on market price movement as when is the right time to buy and sell coins you are planning to invest in just a very short period of time to gain more profits.
SpringfieldM1A
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August 06, 2018, 11:50:12 AM
 #828

Sometimes we can say that day trade is a lucky thing. But for me in general, it is your skill that makes you successful in trading business. Lucky is just another term for a chance or wild guessing. But when we talk about skill, it is well-planned, thorough research and with technical analysis on market price movement as when is the right time to buy and sell coins you are planning to invest in just a very short period of time to gain more profits.

It is mostly skill, you can still get lucky because markets are not doing what they are suppose to do most of the time.
Nevertheless, if you do your research, check the charts, read it well and have the skills to know what it should do, most of the time you will profit from it, however even if you know all of that and a
professional trader sometimes the coins do not go to the way they suppose to. Luck is involved in less number, no one can get lucky constantly.
runway
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August 06, 2018, 02:34:56 PM
 #829

Day trading requires a lot of new skills that can get high profits. If trading day depends only on luck, you will fail and lose money when trading.
aquaking
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August 06, 2018, 02:40:44 PM
 #830

If trading options require high trading days, high trading experience, large market exposure, so good for us, with the market down today it is not good to them. day trading
Gheka
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August 06, 2018, 02:50:49 PM
 #831

Sometimes we can say that day trade is a lucky thing. But for me in general, it is your skill that makes you successful in trading business. Lucky is just another term for a chance or wild guessing. But when we talk about skill, it is well-planned, thorough research and with technical analysis on market price movement as when is the right time to buy and sell coins you are planning to invest in just a very short period of time to gain more profits.

It is mostly skill, you can still get lucky because markets are not doing what they are suppose to do most of the time.
Nevertheless, if you do your research, check the charts, read it well and have the skills to know what it should do, most of the time you will profit from it, however even if you know all of that and a
professional trader sometimes the coins do not go to the way they suppose to. Luck is involved in less number, no one can get lucky constantly.

At the present time, skill really plays a very important role in day trading when the market is very abnormal, it is no longer as easy as in the past, now things can always change very quickly, based on luck will no longer be effective because as you say, luck does not exist forever beside us. Only our skill is the most effective weapon, it helps us to find opportunities and profits, if the situation is worse but with good skill, we can also switch from defeat to victory or we can limit loss, so we may not have luck but skills are indispensable when we want to survive in day trading

Premooooo
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August 06, 2018, 02:50:54 PM
 #832

It's good to be your income when you watch your trade coin always to see what's going on and be careful when trading money.
gohan21
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August 06, 2018, 03:16:32 PM
 #833

All traders need to hold a coin to earn big money so they daytrade everyday so much, especially in the bitcoin situation and the height is happening
ladner
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August 06, 2018, 11:14:23 PM
 #834

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?
To be able to trade on success I believe you must have a lot of skills to be profitable. You can see that the market is constantly fluctuating so you need to accurately analyze the market mix and keep track of bitcoin prices while trading to minimize risk and earn a secure profit. Always plan and comply with the plan.
C_G Modern Assets
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August 07, 2018, 02:15:33 AM
 #835

I use 4 main methods to successfully trade the cryptocurrency markets.

1. Arbitrage trading – I have developed proprietary software which allows me to be notified when any of the major players in the market are using tether to arbitrage between exchanges.  In general arbitrage trading will become riskier over the next 12 months as many smaller exchanges will die out providing mispriced markets on particular cryptocurrencies. These exchanges may never release any funds they receive if they are on their last legs.
2. Monitoring media price manipulation- Bloomberg crypto and CNBC are the major players in the finance industry and they consistently report positive of negative news in clumps which is designed to rapidly increase or decrease the price of cryptocurrency. Be aware that this practice can’t last to long as traders are catching on.

3. Major fundamentals- Currently we are awaiting word on a potential Bitcoin ETF although I don’t think this will eventuate until 2019. We are looking to take a large leveraged position long BTC when the first major institution confirms they have their crypto funds stored with Bakkt exchange. This will most likely happen at the end of the year.

4. Other proprietary trading software- I have created apps which monitors large cryptocurrency networks allowing me to track the volume of crypto sent to wallets, exchanges as well as notifying me to which algorithmic trading programs are currently active.

 Feel free to message me on the link below if you have any questions about the information above
https://t.me/DigitalAssetsMarketplace

Clinton Grassick
HEAD OF TRADING
Modern Assets
www.modernassets.com.au
minhnguyenqh8395
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August 07, 2018, 02:20:54 AM
 #836

In my opinion, lucky is the one part of one trader success. But experience is necessary. You should learn about trade, technical analys... to be a profesional trade.
Jay51
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August 07, 2018, 03:12:07 AM
 #837

Sometimes we can say that day trade is a lucky thing. But for me in general, it is your skill that makes you successful in trading business. Lucky is just another term for a chance or wild guessing.
richcorner100
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August 07, 2018, 03:15:43 AM
 #838

Day trading usually only use technical analysis to decide to buy and sell or to determine support and resistance area. And as we know technical analysis not really accurate in crypto trading, and from my experience is more accurate in stocks and forex trading. So to make profit in day trading so its better trade in that asset, and for the crypto asset, use it for swing trading.

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JessicaThomas58
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August 07, 2018, 07:45:04 AM
 #839

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 do not think that's luck. Day-Traders spend a lot of time in the day studying the fluctuations, and the agility and determination to execute the transaction. Of course, there should be good luck, but here, luck can occupy a small part.
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August 07, 2018, 07:47:15 AM
 #840

for us to trade things that are profitable and also good we get expertise in trading, by waiting for low prices so we can get and we sell at high prices, so we will also get more profits.
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