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Author Topic: The advantage of day trader  (Read 2465 times)
Victorycoin
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January 31, 2019, 10:56:02 PM
 #241

I agree with others that it is quite difficult right now to make much money in this bear market day trading.
Day trading might be very much difficult for making profit but it is not impossible. If it was impossible then every person stopped buy as  a result sell price should go lowest and more chance there could have no transaction.
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February 01, 2019, 04:23:58 AM
 #242

I agree with others that it is quite difficult right now to make much money in this bear market day trading.
Day trading might be very much difficult for making profit but it is not impossible. If it was impossible then every person stopped buy as  a result sell price should go lowest and more chance there could have no transaction.

Indeed, you can be profitable in day trading although only few traders can do that.
Mastering your skills is very important as every decision when you are day trading is very crucial, it could give you a big losses if you are not too diligent.

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February 01, 2019, 12:33:28 PM
 #243

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.
there are so many advantages that we can get from daily trading, but we have to spend a lot of time monitoring price developments, because if we are a little late we will lose the opportunity to buy when prices go down or sell when prices rise.

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February 01, 2019, 01:51:08 PM
 #244

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.
there are so many advantages that we can get from daily trading, but we have to spend a lot of time monitoring price developments, because if we are a little late we will lose the opportunity to buy when prices go down or sell when prices rise.
But there are lot of disadvantages are also available in day trading so people don't have to day trade if they can't afford that capital.And even the price movement analysis too often will make you sick and will affect your mental health so don't lose your health while looking for some money.Day traders need to have many source of income as well to make risky moves without much fear.









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satriagedhe
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February 02, 2019, 01:01:01 PM
 #245

the benefit and advantage of day trader for me is , you can do fast cutloss if you think the market will be worst and make ur capital safe
Babyrica0226
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February 02, 2019, 08:36:40 PM
 #246

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.

If you are implementing Day trading, it means you are a freelancer. Which you can do whatever you want in trading Whether you lose or not.
You can consider it as your own part time income which is better than the salary of an ordinary employee. Because, you can earn in daily basis more than the minimum daily salary.
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February 02, 2019, 09:50:50 PM
 #247

you just made your points but the current market situation looks like it favors nobody but the experienced ones. whether you are day or night, any slight mistake will get you burned down without any mistake and you will regret so much fo such mistakes. it is quite unfortunate to note that many are abandoning the trading platform due to the uncertainty of the market.
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February 02, 2019, 09:55:31 PM
 #248

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.

If you are implementing Day trading, it means you are a freelancer. Which you can do whatever you want in trading Whether you lose or not.
You can consider it as your own part time income which is better than the salary of an ordinary employee. Because, you can earn in daily basis more than the minimum daily salary.
everyone wants to be a boss in his own job so cryptocurrency field will make that dreams more easily possible and a day trader will always do some other business also instead of trading it is also very helpful for them to make double income for his life.
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February 03, 2019, 09:47:22 PM
 #249

the benefit and advantage of day trader for me is , you can do fast cutloss if you think the market will be worst and make ur capital safe
Yes the real advantage of day trading is independence, no matter what the situation is you can make profit from market, it needs a little higher skills than long term trading but there are so many advantages too, for me it is good way to have fast higher income than any other investment I am planning to learn day trading properly as it’s my first experience.
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February 04, 2019, 12:54:54 AM
 #250

In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 

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February 04, 2019, 01:16:36 AM
 #251

In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.

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February 04, 2019, 01:43:26 AM
 #252

In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.
if have no saving we should try make this market as main job.much people disappointed with this market when they make it as main income source.for some people that have much money no problem , but for people that still be beginner it will be serious problem.
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February 04, 2019, 01:57:42 AM
 #253

The current market situation will be suited for day traders , but not for long time I think
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February 04, 2019, 02:27:44 AM
 #254

many of the advantages of daily traders that you designate are the right things and maybe many others that we will not be able to mention one by one. What is clear is that we use stringed capital and profit will also be obtained by the strings of all risks that occur must be resolved alone.
daily trading is a learning for traders, if we trade on a daily basis then we will always monitor price movements, and we can make price predictions from time to time, so there are many advantages that we can get from trading daily, but don't use money too a lot because the potential loss will always be there, if we are not careful in taking existing decisions.

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February 04, 2019, 06:24:28 AM
 #255

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.


I disagree with everything particularly with the 'never a dull moment' part. Maybe if it's a bull run but bull run does not really last long so we are talking about the long months of stress that comes after. Day traders are suffering with so much anxiety right now if they still pursue it.
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February 04, 2019, 03:33:59 PM
 #256

In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.

Exactly. Also the psychology of wanting to "win big" is really what makes the biggest losses since its not only a win big but also a "lose big" mentality. So in the end, weak hands are shaken out and you lose.

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February 04, 2019, 10:25:52 PM
 #257

In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.

Exactly. Also the psychology of wanting to "win big" is really what makes the biggest losses since its not only a win big but also a "lose big" mentality. So in the end, weak hands are shaken out and you lose.

You need to have conditions for day trading. At the moment except some coins most of them are in downtrend. I don`t like pump and dump coins, so I don`t consider them in day trading, it`s a scheme that makes money for market manipulators. I`m on hold with coins I trade with daily, I wait market to drop more before I buy again. My short term prediction is that prices will soar more, after that we can see some uptrends. My short term trading become mid term this year, prices don`t move in the way I believe they will. I guess we all need to be patient in this times and wait for good opportunity, sometimes you need to rest.

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February 07, 2019, 01:34:35 AM
 #258

Trading is risky activity with  potential high profit, from trading we can change the financial to be much better. Alot of people was get financial freedom from trading, and also some people been lossing money, but by keep learn that loss will be make us become more professional in trading and later we get good income from it.

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April 19, 2019, 02:11:40 PM
 #259

the benefit and advantage of day trader for me is , you can do fast cutloss if you think the market will be worst and make ur capital safe
Many crypto almost of the crypto goes up and down in this case for long term trader can get lowest to highest margin. But day trade can get all the margin when up they exit and when low again enter. In this way day trader can gain multiple times where long term trader can gain only a single time.
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June 23, 2019, 12:17:34 PM
 #260

What's happening with MPCX's IEO? 3 different crowd sales concurrently? (OOOBTC, MPCX's site, ProBit)
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