Mistakes need to avoid in day trading

[Findingnemo]

Noobs shouldn't even try to daytrade anyways, they should just buy buying and holding.  For someone to make money in trading someone has to lose.  If your new you will get eaten up by the pros that have been doing this for years.  The only people that win in the end are the exchanges with their trading fees.

so you mean that noobs are not allowed to try daytrade?
so when they gonna be a pro? Pro also noob back then, but they try and learn so they can be pro.
and you said have been doing for years? when a noob learn and try for years too, they can also be a pro

Everyone can try trading as long as they can be afford to lose what they are investing,noobs are really can be a pro when they understand the trading very soon so doing something makes our life better than nothing.Just start it today and learn as fast as you can,be a pro soon.

[1714881739]

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[1714881739]

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[1714881739]

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[1714881739]

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[1714881739]

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[Vaculin]

Everyone can try trading as long as they can be afford to lose what they are investing,noobs are really can be a pro when they understand the trading very soon so doing something makes our life better than nothing.Just start it today and learn as fast as you can,be a pro soon.

Everyone has the chance to be successful in trading, we start as newbie but eventually we will grow if we will survive.
The journey that we are going through might not be easy but if we put passion on it and play it smart, we will have a good future in trading.

[michellee]

Everyone can try trading as long as they can be afford to lose what they are investing,noobs are really can be a pro when they understand the trading very soon so doing something makes our life better than nothing.Just start it today and learn as fast as you can,be a pro soon.

Everyone has the chance to be successful in trading, we start as newbie but eventually we will grow if we will survive.
The journey that we are going through might not be easy but if we put passion on it and play it smart, we will have a good future in trading.

So we need to never stop for learning about trading if we want to be a pro trader. I am sure that every people have their ability to learn to trade and the different from this is having a will to learn or not. And when someone wants to increase his skills, he should know that the one thing he should do is only learning more and more. Don't feel satisfied when you can reach something because you can do more than that.

[Findingnemo]

Everyone can try trading as long as they can be afford to lose what they are investing,noobs are really can be a pro when they understand the trading very soon so doing something makes our life better than nothing.Just start it today and learn as fast as you can,be a pro soon.

Everyone has the chance to be successful in trading, we start as newbie but eventually we will grow if we will survive.
The journey that we are going through might not be easy but if we put passion on it and play it smart, we will have a good future in trading.

The important think that every trader need to remember that they don't have to hurry in day trading which can cause losses as well and keep learning about the current situation will make the life of trade more successful.

[Clark05]

Everything is good advice for the newbie trader. First before anything the capital that you need to use is the money that you can afford to lose because it is safe way incase the money is not grow you have still money too. Day trading now is not good because they need to choose longterm because of the market now. As newbie mistake is normal but in the second time around you need to be careful and don't do that again what can cause you make a mistake.

[superstarbtc]

one of the main important points for trading is balancing the emotion  and balance in trading is very important there will be uptrend and downtrend in both the trends we need to handle be stable in booking profits

[Farma]

Everything is good advice for the newbie trader. First before anything the capital that you need to use is the money that you can afford to lose because it is safe way incase the money is not grow you have still money too. Day trading now is not good because they need to choose longterm because of the market now. As newbie mistake is normal but in the second time around you need to be careful and don't do that again what can cause you make a mistake.

a beginner's mistake sometimes they are too excited, and miss the opportunity to sell at a high price. well, this actually doesn't only happen to a beginner, but also some people who have already traded. maybe a not-so-big profit must be taken as long as it's far from risk.

[Mister1k]

Everything is good advice for the newbie trader. First before anything the capital that you need to use is the money that you can afford to lose because it is safe way incase the money is not grow you have still money too. Day trading now is not good because they need to choose longterm because of the market now. As newbie mistake is normal but in the second time around you need to be careful and don't do that again what can cause you make a mistake.

a beginner's mistake sometimes they are too excited, and miss the opportunity to sell at a high price. well, this actually doesn't only happen to a beginner, but also some people who have already traded. maybe a not-so-big profit must be taken as long as it's far from risk.

As a trader truly needs to maintain a strategic distance from mix-ups, in light of the fact that mix-ups can truly make us misfortune an enormous measure of benefit, I trust that trading is an astonishing approach to procure once in a while, however we additionally should be more tolerance and we need to stay away from misfortunes by doing exchange an extremely cautious way.

I trust that botches is a piece of an actual existence of a broker and I trust that we can't make everything flawless so on the off chance that we can commit an error we should be more judiciousness and right it in the following exchanging.

[BitcoinTurk]

Daily trading is actually a method of gain that many individuals have tried but not successful because nobody knows exactly what decision to make. There are so many people who are aiming for a high profit margin, especially for daily trading, which may be the reason for many individuals to fail. The first element to be made when trading daily is definitely to use stop loss and take profit orders. With the help of these orders, we will make the daily trade easier and we will benefit from all kinds of instantaneous fluctuations in price. On the other hand, ending the day in a stable alternative to Bitcoin or at the end of the day is an important detail when you trade daily.

[Visbay]

Everyone can try trading as long as they can be afford to lose what they are investing,noobs are really can be a pro when they understand the trading very soon so doing something makes our life better than nothing.Just start it today and learn as fast as you can,be a pro soon.

Everyone has the chance to be successful in trading, we start as newbie but eventually we will grow if we will survive.
The journey that we are going through might not be easy but if we put passion on it and play it smart, we will have a good future in trading.

The important think that every trader need to remember that they don't have to hurry in day trading which can cause losses as well and keep learning about the current situation will make the life of trade more successful.

If you are a day trader so it is very important to have good knowledge about trading for short term and also keep this in mind that only one situation is there to help you earn if is having fine skills and enough knowledge about day trading, in current situation we can easily buy at cheap price and holding for few months and give remarkable profit.

[GrayFullbuster]

In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading.

1.Don't trade based on your emotions,just concentrate on FOMO and FUD.
2.Only risk the amount which can be affordable for you or just don't enter into that trade.
3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent.
4.Don't day trade only if you don't understand it.

More points about mistakes need to avoid are welcomed here for the newbie to learn.

I agree to your statement no. 1, 2 and 4 but I do not agree to your no. 3 statements which is about technical analysis. As a trader, it is important to use technical analysis and trading indicators for us to know when is the right time to enter and to exit in cryptocurrency trading.

[boty]

Everyone can try trading as long as they can be afford to lose what they are investing,noobs are really can be a pro when they understand the trading very soon so doing something makes our life better than nothing.Just start it today and learn as fast as you can,be a pro soon.

Everyone has the chance to be successful in trading, we start as newbie but eventually we will grow if we will survive.
The journey that we are going through might not be easy but if we put passion on it and play it smart, we will have a good future in trading.

everything can be successful in the trading world if there is no interference from the government which often gives a bad statement to the development of cryptocurrency so that there is no bad news and will not make traders afraid, trading will run smoothly and become very successful.

[Fredomago]

Everyone can try trading as long as they can be afford to lose what they are investing,noobs are really can be a pro when they understand the trading very soon so doing something makes our life better than nothing.Just start it today and learn as fast as you can,be a pro soon.

Everyone has the chance to be successful in trading, we start as newbie but eventually we will grow if we will survive.
The journey that we are going through might not be easy but if we put passion on it and play it smart, we will have a good future in trading.

everything can be successful in the trading world if there is no interference from the government which often gives a bad statement to the development of cryptocurrency so that there is no bad news and will not make traders afraid, trading will run smoothly and become very successful.

It's up to a trader how he will handle situations like that, no one would wonder if how far trading can be done and how successful you can be, you need not just to avoid mistake but to learn how to cope up and make a much better options so you won't lose again, better to learn more about how to adopt things inside.

[futile-resistance]

Daily trading is actually a method of gain that many individuals have tried but not successful because nobody knows exactly what decision to make. There are so many people who are aiming for a high profit margin, especially for daily trading, which may be the reason for many individuals to fail. The first element to be made when trading daily is definitely to use stop loss and take profit orders. With the help of these orders, we will make the daily trade easier and we will benefit from all kinds of instantaneous fluctuations in price. On the other hand, ending the day in a stable alternative to Bitcoin or at the end of the day is an important detail when you trade daily.

Yes, day trading is not as easy as compare to long term trading. But still there are a lot of people who only give preference to day trading, and now they have become expert of day trading. They are very active and always take a right decision on time.
In fact they know the nature of the market and therefore they enjoy day trading most, even get a good profit from there.

[TheUltraElite]

Yes, day trading is not as easy as compare to long term trading.

The question of difficulty cannot be from a biased opinion. For someone who has been trading for some time and making money from it you will get an opinion that it is profitable. The actually question is whether a person is accustomed to day trade or long term hodling. Sometimes a bit of both is needed to make the best of what is available to us.

But still there are a lot of people who only give preference to day trading, and now they have become expert of day trading. They are very active and always take a right decision on time.

And those people would call day trading profitable.

In fact they know the nature of the market and therefore they enjoy day trading most, even get a good profit from there.

They actually make more money from dumping shitcoins on their "followers" in this so called "paid" groups designed to take your money.

[malikusama]

In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading.

1.Don't trade based on your emotions,just concentrate on FOMO and FUD.
2.Only risk the amount which can be affordable for you or just don't enter into that trade.
3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent.
4.Don't day trade only if you don't understand it.

More points about mistakes need to avoid are welcomed here for the newbie to learn.

Day trading on bear markets is not advisable. Try to notice the price and one thing that you will notice is the price is not going anywhere. Most of the time, price is just moving side ways. The profits that you get is not enough to pay for the fees. If you really plan to continue day trading, set a low target like 2% to 3% profits, upon hitting your goal, Sell right away.

Day trading is always risky in both bear and stable market that's why it is non-recommended trading type.
A day trader don't expect huge amount of profit, because he can still manage to make it big by earning small profits regularly.
2% to 3% is still a good percentage in this market if you can earn it regularly.

[CarnagexD]

In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading.

1.Don't trade based on your emotions,just concentrate on FOMO and FUD.
2.Only risk the amount which can be affordable for you or just don't enter into that trade.
3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent.
4.Don't day trade only if you don't understand it.

More points about mistakes need to avoid are welcomed here for the newbie to learn.

Day trading on bear markets is not advisable. Try to notice the price and one thing that you will notice is the price is not going anywhere. Most of the time, price is just moving side ways. The profits that you get is not enough to pay for the fees. If you really plan to continue day trading, set a low target like 2% to 3% profits, upon hitting your goal, Sell right away.

Day trading is always risky in both bear and stable market that's why it is non-recommended trading type.
A day trader don't expect huge amount of profit, because he can still manage to make it big by earning small profits regularly.
2% to 3% is still a good percentage in this market if you can earn it regularly.

Yes, day trade is a very risky type of trade on this industry however this type of trading style has a huge possibility of profit in a daily basis. Every day trader should know that even it is a day trade, don't try and push too hard to achieve the daily goal like 2-5%, this is what i commonly notices on their mistakes.

[Noa_Amable]

In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading.

1.Don't trade based on your emotions,just concentrate on FOMO and FUD.
2.Only risk the amount which can be affordable for you or just don't enter into that trade.
3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent.
4.Don't day trade only if you don't understand it.

More points about mistakes need to avoid are welcomed here for the newbie to learn.

I don't think that technical analysis is not applicable at all. In case no major events are coming technical analysis may help you in day trading.

Support and resistance concept can be useful.

[JumperX]

Trading truly needs to keep away from oversights, since missteps can truly make us misfortune a tremendous measure of benefit, I trust that day exchanging is a stunning approaches to procure sometimes, however we likewise should be more tolerance and w e need to maintain a strategic distance from misfortunes by doing exchange an exceptionally cautious way. I trust that botches is a piece of an actual existence of a merchant and I trust that we can't make everything flawless so in the event that we can commit an errors we should be more judiciousness and right it in the following exchanging.

[Faxmate]

Yes, day trading is not as easy as compare to long term trading.

The question of difficulty cannot be from a biased opinion. For someone who has been trading for some time and making money from it you will get an opinion that it is profitable. The actually question is whether a person is accustomed to day trade or long term hodling. Sometimes a bit of both is needed to make the best of what is available to us.

But still there are a lot of people who only give preference to day trading, and now they have become expert of day trading. They are very active and always take a right decision on time.

And those people would call day trading profitable.

In fact they know the nature of the market and therefore they enjoy day trading most, even get a good profit from there.

They actually make more money from dumping shitcoins on their "followers" in this so called "paid" groups designed to take your money.

In this matter as you have mentioned so I must say there are so many fake sites and scamming websites who use to say good things about their sites but there is no reality in it try to stay away from them, they only will show you green garden and when you will invest your money for trading they will get vanish without even informing you, so avoid strange and fake website, make good research before investing.