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Author Topic: Day Trading  (Read 17377 times)
popolite11
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April 01, 2019, 05:06:12 PM
 #161

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. Grin

Yes, it is, especially if a newbie starts to deal with it. You need to be a very experienced person for day trading. The risk to lose most of your money here is too high. Long-term trading is better.
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April 01, 2019, 06:21:41 PM
 #162

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.
Theres no proof that long term traders can do make big profits anytime compared to shorters.If you would try to think again, small profits accumulated overtime
and would surpass that long traders do held off, so it would really just still depend on what coin they are trading or holding.

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April 01, 2019, 06:39:36 PM
 #163

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.

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April 06, 2019, 10:54:56 AM
 #164

Yes, it is, especially if a newbie starts to deal with it. You need to be a very experienced person for day trading. The risk to lose most of your money here is too high. Long-term trading is better.
Do you think anything in life is easy for a newbie? Everything needs experience and trading is no different from that. People who are daily traders have been doing this for years maybe not in crypto but in other markets as well before stepping here. There is no substitute to hard work and doing your own analysis on the market. That was you wont get biased decisions on different coins from paid promoters/shills.

There is always a risk of losing money. Now you have to decide what to do - whether to take the risk or not. Remember that higher the risk more the rewards.

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April 06, 2019, 11:09:52 AM
 #165

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Experience is a sure thing needed before we want to engage in day trading but it is still not enough, the problem here is probably our talent, we need to have the skills and emotional management to prevent our greed in time. If we don't have that talent, can't manage greed and emotions, we should stay away from trading day because I've seen too many failures when they lack calm, can't control emotions, trading day is a method that can generate infinite profits but it is not where all traders can step in.

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April 06, 2019, 11:21:34 AM
 #166

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Beginners can also do it, we can practice, learn and then improve.
You will eventually know if you have the capacity to be an effective day trader along the way, you will know that, if you fail to be a day
trader, you can still do long term trader, you just need to be flexible and do what is fit for you, you can be profitable as there's plenty of money here for good traders.

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April 06, 2019, 02:05:11 PM
 #167

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Yes you can trade I think at any time and not depending on experience , for training I would recommend starting with a minimum Deposit , but day trading can save your Deposit than if you just hold

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April 07, 2019, 06:44:26 PM
 #168

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Yes you can trade I think at any time and not depending on experience , for training I would recommend starting with a minimum Deposit , but day trading can save your Deposit than if you just hold
Of course day trading saves our money but it is applicable only for those who are not new and who has good market analization abilities, who knows when to trade when have to wait, day trading has good instant profit and it use to attract most of people, but before starting get more and more information skills and knowledge about day trading only then get in the market.
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April 08, 2019, 02:18:15 AM
 #169

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Yes you can trade I think at any time and not depending on experience , for training I would recommend starting with a minimum Deposit , but day trading can save your Deposit than if you just hold
Of course day trading saves our money but it is applicable only for those who are not new and who has good market analization abilities, who knows when to trade when have to wait, day trading has good instant profit and it use to attract most of people, but before starting get more and more information skills and knowledge about day trading only then get in the market.
Those who are expert can make money in day trading.
Market volatility is what day traders like and since BTC could pump and dump anytime, that's why they love it.

However, we have to understand that predicting the market movement in short term isn't easy, one has to properly monitor the market carefully
in order to properly do the day trading activity at the right timing.

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April 08, 2019, 06:45:06 AM
 #170

In trading, such two qualities as discipline and patience are very important, some are simply not able to wait for the course to reach a certain value and run to the crypto currency that has grown very quickly
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April 12, 2019, 05:22:40 PM
 #171

Yes you can trade I think at any time and not depending on experience , for training I would recommend starting with a minimum Deposit , but day trading can save your Deposit than if you just hold
Starting with minimum deposit is good but then you will face two major problems : not having enough money to buy a decent amount of your coins and not having enough to complete the order of that coin (dont forget the trading fees). An amount of 100$ is pretty basic and what people should start off with when trading.

Saving your deposit makes no sense though. Buy some coins or dont deposit at all. Holding fiat wont have any good effect here unless you are playing a  bear market where buying at low price is your main concern.

In trading, such two qualities as discipline and patience are very important, some are simply not able to wait for the course to reach a certain value and run to the crypto currency that has grown very quickly
That which has grown quickly should be handled with caution. They dont necessarily mean a good coin. They may be a pumped up coin. You never know.  Wink

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May 20, 2019, 02:21:16 AM
 #172

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Daily trading can be done by actors who already understand crypto characters related to sensitive information, so that they can predict prices will rise or fall. If you haven't mastered,  better long-term trade.
The advantage gained if doing daily trading is certainly greater, because the money movements are faster. Therefore daily traders are professionals who make crypto a profession.

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May 20, 2019, 03:47:25 AM
 #173

I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Daily trading can be done by actors who already understand crypto characters related to sensitive information, so that they can predict prices will rise or fall. If you haven't mastered,  better long-term trade.
The advantage gained if doing daily trading is certainly greater, because the money movements are faster. Therefore daily traders are professionals who make crypto a profession.
Long term trading could give you convenience if you want to live a healthy life while investing.
Day trading is just so complicated, in order to gain good results, you have to consider it as your main job, which means you need to focus your time and effort here. Majority of us cannot do that as in real life we also have a job and we want constant income, which is not guaranteed here in crypto.

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May 20, 2019, 04:06:08 AM
 #174

In trading coins, I only rely on hockey, if my hockey is big, it will get a lot of benefits. Until now, I am still learning for the right trading, to reduce the low risk.
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May 20, 2019, 03:47:27 PM
Merited by YOSHIE (1)
 #175

In trading coins, I only rely on hockey, if my hockey is big
Hockey? Do you mean trading while playing hockey? Cheesy

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May 20, 2019, 05:44:48 PM
 #176

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:)

If someone has got experience and can trade well then it is the best job as per me where you can make daily money. t times you may end up in loss but that is fine overall you should be good in making money on the monthly basis.

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zhekinsp
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May 20, 2019, 10:14:51 PM
 #177

95% of all Day Traders fail because of lack of knowledge and timing. Day Trading is very difficult to apply in cryptocurrency trading. Why? Because cryptocurrency markets are unpredictable. It really needs more reviews and research before buying certain coin or token. I always advice new traders to spend their time to get to know the concept and the purpose of the projects or to DYOR (Do Your Own Research). Sometimes the reason why you buy certain coin or token because of hype or FOMO ( fear of missing out ) wherein you see your friends in social media enjoying what they hold. FOMO always happen anywhere in social media because it uses as a marketing strategy to manipulate the markets. Therefore, before diving into cryptotrading, always make sure to DYOR!
my opinion is day trading is not an easy job to do that is the thing most of the people fail in this job otherwise it got the huge opportunity to got profit every time that you are doing but it needs to be more alert in all the time and you need to interested about that especially in money making then only it will suitable for you

EagleTrade
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May 21, 2019, 11:05:17 AM
 #178

disagree with you. Day trading is profitable in cryptomarket only choose entry and exit point carefully  Wink
BuxCoin
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May 21, 2019, 11:14:03 AM
 #179

disagree with you. Day trading is profitable in cryptomarket only choose entry and exit point carefully  Wink
hahaha thats not easy , day trading is equal to gambling you have to manage correctly catching good moves and correct entry and exit are not easy at all
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May 21, 2019, 11:23:35 AM
 #180

personally I have seen many diving into daytrading and losing money ,, they do daytrade because they think that they will become rich but daytrading is the toughest one and we need lot of experience to earn money from daytrading , if anyone disagree this try for yourself and you we know what I am saying
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