The advantage of day trader

[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.

- 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.

I just mentioned the advantages,but there are lot of disadvantages too.If OP asked them in first place then I am ready to explain them in detailed.

More profits always associated with more risk so we need to decide what kind of approach we have to do.

[playboy654]

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.

I just mentioned the advantages,but there are lot of disadvantages too.If OP asked them in first place then I am ready to explain them in detailed.

More profits always associated with more risk so we need to decide what kind of approach we have to do.

Being a day trader there are similar things that folding for long time and selling in quicktime because caring is same procedure but that time and date varies that day trading will you quick profit and less profit but holding long time will give huge profit .

[otundebis]

Day trading is an exciting trading activities that take a whole bunch of your personal physical,  mental and emotional life.  It is  rewarding and risky.  Day trading is better when the bull market is starting on continuing!

[Best Dreams]

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.

This is not goodbye I think we can make good profit in day trading as well but the only thing that you will have to increase your knowledge about say trading and you should know all those point which can make profit and which can make you lose so adopt the positive things and avoid the negative. It need knowledge and information to earn better in day trading.

[kotajikikox]

The advantage being a traders are can work independently without boss and they decide their own time when he start work.
But seriously speaking trading job is risky job they have possible to lose all asset they have if not resposible as as traders.

[creeps]

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.

Yeah, a more profitable activities to do everyday but your profit will depend on your skills. Its not easy to do day trading because you have to analyze everything and if you are in a less experience you will lose money. The advantage of day trading is very minimal compare to the risk is has, so make a wise decision before you do day trading.

[Clark05]

There is a lot of advatanges of being a day trader, the number 1  for me you can handle your time because if you are employed to work you have specific time that you need to go and never be late for the good performance. And you don't have boss because in trading you are the boss and no one can command to you. Everything is depends to you and also your profit is depends to your research.

[Kasabus]

The advantage being a traders are can work independently without boss and they decide their own time when he start work.
But seriously speaking trading job is risky job they have possible to lose all asset they have if not resposible as as traders.

Your fate in trading depends on you, that's being a risk taker.

Most of us works on a certain company with boss to make money but we sometimes are not satisfied with the amount of salary we are getting, so we venture to a more risky way of making money, and this could be trading, however, we should be ready for the possibilities as the losing side will definitely hurt our income.

What we think is best should be done, because without taking risk, we will never achieve our financial goal which is to enjoy the freedom.

[hawkins]

The advantage being a traders are can work independently without boss and they decide their own time when he start work.
But seriously speaking trading job is risky job they have possible to lose all asset they have if not resposible as as traders.

well, maybe a lot of benefits from being a trader, but there are also many risks. maybe the benefit you can get is, you can manage your own management. besides, you can also make a lot of money in a short time. however, the risk is the opposite of the profits.

[Harley29]

The advantage being a traders are can work independently without boss and they decide their own time when he start work.
But seriously speaking trading job is risky job they have possible to lose all asset they have if not resposible as as traders.

well, maybe a lot of benefits from being a trader, but there are also many risks. maybe the benefit you can get is, you can manage your own management. besides, you can also make a lot of money in a short time. however, the risk is the opposite of the profits.

No doubt that trading is all full of profit and it gives good life saving to all those who has those day trading skills. There are many people who really admire day trading and it’s good but only skilled and well experienced people can prevent that risk which is part of day trading. So there are uncountable benefits but with skills.

[davinchi]

Yup you will become your own boss, but who told you that there is nothing like having a dull moment? There are times when things can get dull or boring and you will need to take a break from it. Being self employed is really good, but before you become self employed, make sure that you’re well to do. Not everyone can be able to stay self employed. So if you’re going to be self employed as a trader you should first know how much your making.

[Jating]

Yup you will become your own boss, but who told you that there is nothing like having a dull moment? There are times when things can get dull or boring and you will need to take a break from it. Being self employed is really good, but before you become self employed, make sure that you’re well to do. Not everyone can be able to stay self employed. So if you’re going to be self employed as a trader you should first know how much your making.

Being self-employed has its pros and cons as well, Yes you are your own boss and you will work if you feel like to. But there are pressure because it's not that stable specially if you are a day trader. You don't know if its going to be a good or bad day.

At least if you wanted to look at day trading as a job then at least you have a 6 month bucket (savings) so that in case something bad happen, you still have money to feed your family and your monthly bills, imho.

Might be profitable though in 2017, but 2018 is so much the opposite so I don't know how traders who look for trading as means to an end survived last year.

[BlackPanda]

The advantage of doing a day trader is that we can avoid large losses because basically when trading daily we can make decisions quickly.
Small profits are not a problem because the benefits can be stable and we can get profit every day.
I prefer day trading, I feel that trading for a long time can pose a big risk. Do it according to your abilities and we can get something we want.

[jambul_kribo]

The advantage of doing a day trader is that we can avoid large losses because basically when trading daily we can make decisions quickly.
Small profits are not a problem because the benefits can be stable and we can get profit every day.
I prefer day trading, I feel that trading for a long time can pose a big risk. Do it according to your abilities and we can get something we want.

daily range in daily trading usually as not large with long term trading.maybe maximal around 15% if market moved extremley.if it dont maybe only around 3%.and by doing daily trading we could quickly take decision if bearish signal occur in market so we could avoid big loss in future.

[emberbekas]

The advantage of doing a day trader is that we can avoid large losses because basically when trading daily we can make decisions quickly.
Small profits are not a problem because the benefits can be stable and we can get profit every day.
I prefer day trading, I feel that trading for a long time can pose a big risk. Do it according to your abilities and we can get something we want.

Daily trading could be good to make small profit in daily basis but there will be time when we should end our day in a lose state. It will be so hard to get steady profit daily btw. Yes, with daily trading we should follow the price movement regularly and with it, we can make our decisions as fast as possible.

[lagoon88]

Well, day trading is not that easy, as you have described. It is a very risky thing, first you have to gain tons of knowledge and experience, if you want to be successful in day trading.

[anume123]

As a daily trader it make sense that your trading is a lifetime job every minute's and hours you can earn in cryptocurrency market as well.

[Victorycoin]

If you are day trader then you can limit you loss or not need to hold your item for long term for price fall. But if you try to invest for long term then you might be looser and for that case you have to wait for too long.

[Adriano2010]

These days i think is bit hard to do a good profit everyday, will need a lot of money and also this not guarantee a profit even on short term. I think now is better to make trades for medium term and maybe can get some profit.

[kikoy999]

Day traders is more than safe than long-term trade for a long couple of day that they lossing their money by holding if the price of altcoin get dropping.