The advantage of day trader

[capoeira]

Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.



Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.

+sleep well lol

[1714696525]

1714696525

[1714696525]

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[glowing10]

Day trading is good and you’re being your own boss by doing that. But just don’t forget that day trading is not meant for everyone. I do know some people claim they rely on trading alone. Don’t do such because you see others doing it,, be truthful to yourself and do it the way you can. You can still have a job doing and still have trading as a side job,, that will work perfectly fine.

If you know the trading and have experience day trading is really the best job as you can earn daily and enjoy profits irrespective of whether market is going up or down . Though it involves risk but you are rewarded in a great way as well. So take decision wisely .

[Sum24]

Day trading is good and you’re being your own boss by doing that. But just don’t forget that day trading is not meant for everyone. I do know some people claim they rely on trading alone. Don’t do such because you see others doing it,, be truthful to yourself and do it the way you can. You can still have a job doing and still have trading as a side job,, that will work perfectly fine.

If you know the trading and have experience day trading is really the best job as you can earn daily and enjoy profits irrespective of whether market is going up or down . Though it involves risk but you are rewarded in a great way as well. So take decision wisely .

Yes for sure day trading is only for those who are well experienced and have good information about trading but for those who are new day trading cannot be beneficent. No doubt there are allot of people who made fine income on daily basis for day trading but for this you will have to gain knowledge and learn skills of day trading from expert traders.

[huhhuh18]

That's very very true buddy. I have been using something little out of my money for trading and honestly speaking it's been good if you decide to day trade. Well, my trading behavior is less than that of a day trader, I only trade during a pump.

[SlimShadyMmp]

You might not require a higher education but you need tons of time to get through with it and with dedications I think things will be much more easier but It will require some serious discipline and persistence

[tidus1097]

That's very very true buddy. I have been using something little out of my money for trading and honestly speaking it's been good if you decide to day trade. Well, my trading behavior is less than that of a day trader, I only trade during a pump.

Day trading is surely based on pump and dump but at a shorter scale and for a shorter period of time.
It surely isn't that easy but can be done easily with a little bit of practice.

If you know the trading and have experience day trading is really the best job as you can earn daily and enjoy profits irrespective of whether market is going up or down . Though it involves risk but you are rewarded in a great way as well. So take decision wisely .

Not always. Every trader always have a bad day at some point.

[emberbekas]

With daily trading we could catch every possibilities that may occur from the price fluctuations. It sometimes up and down in a huge range which for sure can give us adequate profit if we pick the right time to buy and sell. But unfortunately, the things won't run as simple as that. Sometimes we may find it hard to choose the right time and even we could be trapped when the price is moving against us for a bit longer which require us to make a fast reaction.

[Aivaryamal]

Yes trading is very interesting and profitable business, if you do not have other activities, but do not get carried away and spend your last money

[OrangeII]

Yes trading is very interesting and profitable business, if you do not have other activities, but do not get carried away and spend your last money

it's for people who have experience in it. besides, trading is not always a profitable business, even I feel that trading every day requires a large amount of capital, and a higher risk.

[Tervelatuk]

Yes trading is very interesting and profitable business, if you do not have other activities, but do not get carried away and spend your last money

it's for people who have experience in it. besides, trading is not always a profitable business, even I feel that trading every day requires a large amount of capital, and a higher risk.

trying with small capital first.analize your skill with this amount, could you make your money growth or maybe loss.trading not suitable for each person.

[newbie-hero]

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading,  it is a place for you but if not,  you better not to invest in crypto. 
Many were go into day trading when the market is healthy but for now,  day trading isn't that much effective and ain't gaining more.  That's is why they'll just go into short or long term holding.

Day traders stay busy all the time. Therefore, they cannot relax ever. I guess, it teaches them a great discipline and also gives them the better possibility to earn money every day.

[mrdeposit]

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading,  it is a place for you but if not,  you better not to invest in crypto. 
Many were go into day trading when the market is healthy but for now,  day trading isn't that much effective and ain't gaining more.  That's is why they'll just go into short or long term holding.

Day traders stay busy all the time. Therefore, they cannot relax ever. I guess, it teaches them a great discipline and also gives them the better possibility to earn money every day.

Day trading is more complicated than longer term trading  due to required amount of time and attention. Swing trading can solve this problems but it will reduce the ratio of profit/loss. Discipline is what comes after learning the lessons in harder ways.

[Pattart]

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading,  it is a place for you but if not,  you better not to invest in crypto. 
Many were go into day trading when the market is healthy but for now,  day trading isn't that much effective and ain't gaining more.  That's is why they'll just go into short or long term holding.

not always a big risk gives a chance to get big profit, see when bearish happens? the risk gets bigger because the price falls more often, but the price rises only in a small ratio, it proves it. the most important thing is that you have to manage risk well, don't take too much risk if you aren't prepared for it..

[NewRanger]

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading,  it is a place for you but if not,  you better not to invest in crypto. 
Many were go into day trading when the market is healthy but for now,  day trading isn't that much effective and ain't gaining more.  That's is why they'll just go into short or long term holding.

not always a big risk gives a chance to get big profit, see when bearish happens? the risk gets bigger because the price falls more often, but the price rises only in a small ratio, it proves it. the most important thing is that you have to manage risk well, don't take too much risk if you aren't prepared for it..

that 's was not the meaning of high risk high return.you only see this on negative side, have you ever imagin when we bought bitcoin in low price and sell it on ATH .by this case we could say too that has only less risk but give us huge profits.

[Harley29]

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading,  it is a place for you but if not,  you better not to invest in crypto. 
Many were go into day trading when the market is healthy but for now,  day trading isn't that much effective and ain't gaining more.  That's is why they'll just go into short or long term holding.

not always a big risk gives a chance to get big profit, see when bearish happens? the risk gets bigger because the price falls more often, but the price rises only in a small ratio, it proves it. the most important thing is that you have to manage risk well, don't take too much risk if you aren't prepared for it..

that 's was not the meaning of high risk high return.you only see this on negative side, have you ever imagin when we bought bitcoin in low price and sell it on ATH .by this case we could say too that has only less risk but give us huge profits.

That could be true but in day trading you will have to keep your heart too big as it is not guaranteed that if you will earn everyday or not. That’s also a reality that there are many people who use to trade for day but they earn on daily basis. The same way if we buy bitcoin at low price so it need to hold for earning profit from it.

[Pattart]

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading,  it is a place for you but if not,  you better not to invest in crypto. 
Many were go into day trading when the market is healthy but for now,  day trading isn't that much effective and ain't gaining more.  That's is why they'll just go into short or long term holding.

not always a big risk gives a chance to get big profit, see when bearish happens? the risk gets bigger because the price falls more often, but the price rises only in a small ratio, it proves it. the most important thing is that you have to manage risk well, don't take too much risk if you aren't prepared for it..

that 's was not the meaning of high risk high return.you only see this on negative side, have you ever imagin when we bought bitcoin in low price and sell it on ATH .by this case we could say too that has only less risk but give us huge profits.

Less risk you say ? while many people really want to be able to sell at ATH, but prices will always fluctuate up and down and no one knows when prices will rise and penetrate ATH, even the coin may die because it cannot survive. I don't think we can call it less risk for crypto investment..

[shoreno]

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading,  it is a place for you but if not,  you better not to invest in crypto.  
Many were go into day trading when the market is healthy but for now,  day trading isn't that much effective and ain't gaining more.  That's is why they'll just go into short or long term holding.

not always a big risk gives a chance to get big profit, see when bearish happens? the risk gets bigger because the price falls more often, but the price rises only in a small ratio, it proves it. the most important thing is that you have to manage risk well, don't take too much risk if you aren't prepared for it..

that 's was not the meaning of high risk high return.you only see this on negative side, have you ever imagin when we bought bitcoin in low price and sell it on ATH .by this case we could say too that has only less risk but give us huge profits.

Less risk you say ? while many people really want to be able to sell at ATH, but prices will always fluctuate up and down and no one knows when prices will rise and penetrate ATH, even the coin may die because it cannot survive. I don't think we can call it less risk for crypto investment..

Trading/investing is indeed less riskier than other forms of business but i dont really know the advantage of a day trader compare to a night trader . i think both of them are still the same because the price will always fluctuate and you cant predict them  .  the price isnt high at day time because the price is rolling randomly  .

@op there other income oppurtunities that is has more advantage that day trading  . investing on profitable ico's for example because they have a lot of bonuses and playing a gambling or investing in a gambling site is also a good option  .

[zhekinsp]

You can make huge profits in a day,when compared to long term holders but the problem is you also can make huge losses in a days that is why we call day trading as most risky thing to do,experience may help people in somewhat but still t is like gambling.

[conected]

You can make huge profits in a day,when compared to long term holders but the problem is you also can make huge losses in a days that is why we call day trading as most risky thing to do,experience may help people in somewhat but still t is like gambling.

- Making huge profits is really a very obvious advantage when we look at day traders, as long as the market is always volatile, they will always be able to earn money while those who choose to hold for a long time can only wait and look at traders making money. But exactly as you say, the risk is extremely large when this market can change very unusually in a short time, even for professional day traders, they have a lot of experience but they are still hurt by this market, so before we become a day trader, we should look at the risks we can get, instead of the advantages, it will help us make a reasonable decision.

[Oilacris]

You can make huge profits in a day,when compared to long term holders but the problem is you also can make huge losses in a days that is why we call day trading as most risky thing to do,experience may help people in somewhat but still t is like gambling.

- Making huge profits is really a very obvious advantage when we look at day traders, as long as the market is always volatile, they will always be able to earn money while those who choose to hold for a long time can only wait and look at traders making money. But exactly as you say, the risk is extremely large when this market can change very unusually in a short time, even for professional day traders, they have a lot of experience but they are still hurt by this market, so before we become a day trader, we should look at the risks we can get, instead of the advantages, it will help us make a reasonable decision.

But there are really people who do rush up on doing active or day trading without even realizing the possible risk behind it.This is why its much better to gain experience and skills before jumping into this mode
of trading.It wont really be that easy and yes those professionals are still eagering to make profits with this very volatile market.The advantage to them is that they don't rely on what do have the current trend of the market which they are still able to make way on earning money.