Mistakes need to avoid in day trading

[semobo]

I don't really have an idea about trading. I'm still a newbie concerning trading. But seeing different opinions here. As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

You need to trade for profits for that you need to understand the price movement and all those stuffs for that it will take time until that doing day trading is not advisable.

[1714861429]

1714861429

[1714861429]

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[1714861429]

1714861429

[1714861429]

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[Ipwich]

I don't really have an idea about trading. I'm still a newbie concerning trading. But seeing different opinions here. As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

You need to trade for profits for that you need to understand the price movement and all those stuffs for that it will take time until that doing day trading is not advisable.

Everyone should, otherwise, what's our purpose.
Actually it's easy to say to trade for profit but the reality is it's hard to achieve it, therefor we have to be serious in trading if we want to succeed.
We can be profitable sometimes and loss sometimes, but what's important is to be consistent to end up profitable in case we stop.

[semobo]

I don't really have an idea about trading. I'm still a newbie concerning trading. But seeing different opinions here. As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

You need to trade for profits for that you need to understand the price movement and all those stuffs for that it will take time until that doing day trading is not advisable.

Everyone should, otherwise, what's our purpose.
Actually it's easy to say to trade for profit but the reality is it's hard to achieve it, therefor we have to be serious in trading if we want to succeed.
We can be profitable sometimes and loss sometimes, but what's important is to be consistent to end up profitable in case we stop.

Trading is not for everyone,so when we habe trouble in making profits from cryoto trading then we should look for some alternative way to make money.
For me trading is eaey since I only tade tor profits which is even very long term.

[TheUltraElite]

right now it is the most difficult task that many users of cryptocurrency are trying to solve. It is very difficult to stay on the same level for many projects that not only recently entered the cryptocurrency market to sell their coins, but also concerns those projects that have been trading their tokens on stock exchanges for several years.

Things that other markets have is of no significance to the crypto market if you try to find an analogy among them. Stocks on the stock market are real companies that are having stocks released on exchanges for buyers but the majority of altcoins dont even have any proper project to go forward with. They keep feeding you with their dreams and roadmaps but in reality what has happened is that you lost your money to a con-group and the best part of it is that you cannot do anything about it.

This is why people should shift focus from altcoins to bitcoin because it is the only thing that needs attention and has a working system.

[bonker]

I don't really have an idea about trading. I'm still a newbie concerning trading. But seeing different opinions here. As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

You need to trade for profits for that you need to understand the price movement and all those stuffs for that it will take time until that doing day trading is not advisable.

Everyone should, otherwise, what's our purpose.
Actually it's easy to say to trade for profit but the reality is it's hard to achieve it, therefor we have to be serious in trading if we want to succeed.
We can be profitable sometimes and loss sometimes, but what's important is to be consistent to end up profitable in case we stop.

Trading is not for everyone,so when we habe trouble in making profits from cryoto trading then we should look for some alternative way to make money.
For me trading is eaey since I only tade tor profits which is even very long term.

When someone know how to trade for profits then they have to do it even in any form of the market,but everyone doing it means not everyone can be profitable.

Trading profits comes from the loss of other trader so don't be profitable for always,but doing more trades you can make profits as well.

[onrise]

I don't really have an idea about trading. I'm still a newbie concerning trading. But seeing different opinions here. As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

You need to trade for profits for that you need to understand the price movement and all those stuffs for that it will take time until that doing day trading is not advisable.

Everyone should, otherwise, what's our purpose.
Actually it's easy to say to trade for profit but the reality is it's hard to achieve it, therefor we have to be serious in trading if we want to succeed.
We can be profitable sometimes and loss sometimes, but what's important is to be consistent to end up profitable in case we stop.

Trading is not for everyone,so when we habe trouble in making profits from cryoto trading then we should look for some alternative way to make money.
For me trading is eaey since I only tade tor profits which is even very long term.

If people are ready to take some sort of risk in their profile then trading could be a the best job for themselves as they can make a lot of money in the volatile market or otherwise as well. May be at times thing may not be on your side but one has to deal with it.

[komjhq]

I don't really have an idea about trading. I'm still a newbie concerning trading. But seeing different opinions here. As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

You need to trade for profits for that you need to understand the price movement and all those stuffs for that it will take time until that doing day trading is not advisable.

Everyone should, otherwise, what's our purpose.
Actually it's easy to say to trade for profit but the reality is it's hard to achieve it, therefor we have to be serious in trading if we want to succeed.
We can be profitable sometimes and loss sometimes, but what's important is to be consistent to end up profitable in case we stop.

Trading is not for everyone,so when we habe trouble in making profits from cryoto trading then we should look for some alternative way to make money.
For me trading is eaey since I only tade tor profits which is even very long term.

If people are ready to take some sort of risk in their profile then trading could be a the best job for themselves as they can make a lot of money in the volatile market or otherwise as well. May be at times thing may not be on your side but one has to deal with it.

Of course, there is a lot of new for beginners when there are certain difficulties in the cryptocurrency market. Well, one way or another, you can not be active, If you have not done at least a minimal analysis of those projects with coins you want to deal with. In any case, it is impossible to spend all the funds at once from your initial capital, which for a beginner should consist of a small amount.

[Malsetid]

I don't really have an idea about trading. I'm still a newbie concerning trading. But seeing different opinions here. As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

You need to trade for profits for that you need to understand the price movement and all those stuffs for that it will take time until that doing day trading is not advisable.

Everyone should, otherwise, what's our purpose.
Actually it's easy to say to trade for profit but the reality is it's hard to achieve it, therefor we have to be serious in trading if we want to succeed.
We can be profitable sometimes and loss sometimes, but what's important is to be consistent to end up profitable in case we stop.

Trading is not for everyone,so when we habe trouble in making profits from cryoto trading then we should look for some alternative way to make money.
For me trading is eaey since I only tade tor profits which is even very long term.

If people are ready to take some sort of risk in their profile then trading could be a the best job for themselves as they can make a lot of money in the volatile market or otherwise as well. May be at times thing may not be on your side but one has to deal with it.

Of course, there is a lot of new for beginners when there are certain difficulties in the cryptocurrency market. Well, one way or another, you can not be active, If you have not done at least a minimal analysis of those projects with coins you want to deal with. In any case, it is impossible to spend all the funds at once from your initial capital, which for a beginner should consist of a small amount.

Another thing is, at least be aware of your financial and emotional capability. If you're going to read and research, look for.actusl experiences of traders. Learn from other people's mistakes and learn from your own. You can't take away the fact that we all will make the same mistakes one way or another so you have to know what your contingencies are.

[OrangeSeller]

As a newbie who wants to start trading . Is day Trading not advisable?
Which will you prefer I should start with?

Newbies who want to learn should learn the basics of trading first and how the market works. What asset you are actually putting your money in a  lot of research from different sources regarding that. Dont listen to general public opinions. They are often fueled by bagholders pumping their own shitcoins and the same goes out for the youtubers - remember that no coin is going 100x tomorrow without any reason to do so unless its a pump and dump. Stay away from those and try dummy trading for practice once you analyse price charts and indicatos.

That would be great help to him. Actually when a new person from different background than economics, he feels confused. This world is totally different from other businesses or earning sources. Stock experience would ensure this person that he can make good choices and decision making can be efficiently done. Although the start may be bumpy but learning period would be lesser as compared to other newbies with non-business mindsets.

[TheUltraElite]

Another thing is, at least be aware of your financial and emotional capability.

Those two often become the reasons for a traders' decline in ability to trade or the motivation to trade. Both are important even if they sound different. Lack of money to trade at the proper time can be disastrous specially when rapidly prices are fluctuating and you have been waiting for a long time for a proper entry price. Lack of emotional control can lead to wrong decisions.

If you're going to read and research, look for.actusl experiences of traders. Learn from other people's mistakes and learn from your own. You can't take away the fact that we all will make the same mistakes one way or another so you have to know what your contingencies are.

This is one tough thing to do. If you ask some trader they wont reveal their mistakes but give some generalized fallacies. Nobody wants to face their downfalls in reality. But they will try to pump their own shitcoins.