Day Trading

[TheUltraElite]

Traders do not control the market, it is impossible to control the market. It can be manipulated to an extent, and the chances reduces as more investors come into this space.

It is correct that manipulation is rampant but I do not agree with your second statement. Think of it this way: when whales dump prices drop and this allows small-cap investors to get in at a lower price than what was the average price for a period of time. Now the market will pump and they will sell at profit. Thats profitable and calls in more investors.

As a trader you forecast the next direction, using charts, technical analysis and other available tools, news and media publications.

Not all traders can do that unfortunately. Neither is it necessary to read the paid FUD media.

There is also an arbitrage option as well as a shorting option.

Risky but yes there are there and not to mention day trading does need a lot of luck as well.

[Bushrat Jahan]

Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       

[Yamifoud]

Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       

We shouldn't to think about the risk in trading cause that's make us stronger and even to have a good and smart decision. Good planning strategy and TA is very important in trading either day trading or for long term trading still we should have them.
For the current market situation,  day trading seems to be more profitable than of long term trading and simple fluctuations makes us profits and it usually happen everyday.

[Activitycoin]

Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       

Day trading is risky but at the same time it has good amount of profit, day trading needs allot of knowledge and information according to me only expert traders can gain profit, it needs time to become a good day trader but once you take command over you can make huge profit, I have some friends who consider day trading better than long term trading.

[TheUltraElite]

Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis.       

It does take a lot of technical analysis but it is also a lot based on luck and the ability to understand a trend and catch it before it goes beyond the scope of buying. We have seen people make money through day trading but we must remember that the majority of day traders are making money by selling courses and pumping their own coins. This is one thing that plagues every speculative market and you cannot steer clear of it.

I think day trading is better than long term trading.

Its better not to compare day trading and long term trading. They are two different aspects and a difference in opinion does not imply that this one is good or this one is bad.

[Rana590]

Day trading is not for all classes of people because it is so risky. Though in day trading, a huge amount of profit we can earn. But in this respect we should need more experience and deep analysis about day trading.

[GreatArkansas]

Though in day trading, a huge amount of profit we can earn.

But we can also loss huge amount. Day trading is also same with scalp trading, you can also earn huge profit and also huge losses, but on day trade, you can less your risk if you do risk management and planning ahead before entering the trade. And the most important in day trade is Risk Management, always set your target and stop loss.

[Polar91]

Day trading is not for all classes of people because it is so risky. Though in day trading, a huge amount of profit we can earn. But in this respect we should need more experience and deep analysis about day trading.

I don't think it's risky compare to long term trading. It's because in day trading, the percentage of profit from your capital is very minimal thus it gives you a decent profit and less risk in loosing too much if the trend of the market suddenly becomes infavorable to you.

[bitcoinisbest]

Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       

If you get it right then it is better to learn and over a period of time once you have some experience and skills you can earn money bet on daily basis and can even become a effective investor which will help you too make money on long run as well .

[swetka]

Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       

If you get it right then it is better to learn and over a period of time once you have some experience and skills you can earn money bet on daily basis and can even become a effective investor which will help you too make money on long run as well .

Of course, if a user of cryptocurrency has a boundary knowledge, then to get income from long-term investments, you need to use the highest-rated cryptocurrencies, and then long-term investments will carry a much lower risk than daily trading.

[cryptoblue77]

Basically, day-trading is for experienced traders. For those who have been trading for a long time and have got good knowledge of the price movement of various coins. They can do it and can be successful in it.

[DeathProxy]

Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.

[Distinctin]

Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.

True that, and because it's risky not everyone can make profit on it.
I am more in long term trading than short term as the requirement to be successful in day trading is so high, you need to focus and that requires a lot of time. For us who have a job and other business as our source of income, we cannot dedicate our full time with day trading.

[michellee]

Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.

I won't risk my money to do day trading if I don't know. It is difficult to day trading because I think we need always to watch the price all day so we can know the right time to buy and sell. Without having skills to trade and deeply information for the analysis, we don't know when the right price will come so we can miss many things including to make the profit.

[Kasabus]

Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.

I won't risk my money to do day trading if I don't know. It is difficult to day trading because I think we need always to watch the price all day so we can know the right time to buy and sell. Without having skills to trade and deeply information for the analysis, we don't know when the right price will come so we can miss many things including to make the profit.

Day trading is more profitable than long term investing, that if you are a successful day trader.
This requires good skills and I believe only few of the traders are successful in this and those who do day trade are usually playing with a decent amount of money.

[co5hike]

The main problem of traders is not what they see on the chart.For all shows the same.The problem is in the people themselves who cannot control their emotions.

[GreatArkansas]

Basically, day-trading is for experienced traders.

I don't agree that day-trading is only for experienced traders, it is much difficult to become scalp trader, like, in every minute you are watching in your chart, so the it takes too much time rather than doing day trades, you need to just analyze the chart by zooming it out, not concentrating on low time frames. I didn't say that day-trading don't have experienced traders.

[Dhanems]

Hmmm,I don't agree day trading is failed 90-95%?actually what's is the different of day and night anyway:)ay I know what is day trading?I trade at night or day if I'm free...I buy low and set sell on high even a small profit... Can you explain why they called day trading is 95%/loses..?please:)

[akuser]

Hmmm,I don't agree day trading is failed 90-95%?actually what's is the different of day and night anyway:)ay I know what is day trading?I trade at night or day if I'm free...I buy low and set sell on high even a small profit... Can you explain why they called day trading is 95%/loses..?please:)

it is despair and part of confusion in trade.
failure to control emotions and ultimately punish that trade is not profitable. need patience and good analysis in trade.

I buy low and set sell on high even a small profit.

Trade looks easy, in fact it is the hardest thing.

[barbara44]

Day trading is not for all classes of people because it is so risky. Though in day trading, a huge amount of profit we can earn. But in this respect we should need more experience and deep analysis about day trading.

I don't think it's risky compare to long term trading. It's because in day trading, the percentage of profit from your capital is very minimal thus it gives you a decent profit and less risk in loosing too much if the trend of the market suddenly becomes infavorable to you.

It looks risky to a lot of people because they want to make the same profit a long term trader will make within a short period of time and that is why they become so greedy by setting their trade so high so it can take huge profit at once.

Trading is really not risky if one trade with money that one can afford to loose and at the same time take any little profit that one sees, we should always see trading as something we to still take profit pending the time our longer term investment yields result, so we should not be trying to take big profit with little trading investment, if we are careful enough about this and learn to minimize our risk, we will realize that it is not as difficult as they say.