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Author Topic: Day Trading  (Read 17380 times)
EagleTrade
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May 21, 2019, 03:36:18 PM
 #181

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

Of course I didn't say its easy.
It needs experience , a good strategy and a commitment
ethereumhunter
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May 21, 2019, 06:01:15 PM
 #182

disagree with you. Day trading is profitable in cryptomarket only choose entry and exit point carefully  Wink

Day trading will need more effort to find the entry and exit point even with deeper analysis because to find that, we need to analyze one by one, including watch the price moves. But day trading now can be worth because many coins can go up to a higher price so we will have the opportunity to make a profit.

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EagleTrade
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May 23, 2019, 07:14:25 PM
 #183

disagree with you. Day trading is profitable in cryptomarket only choose entry and exit point carefully  Wink

Day trading will need more effort to find the entry and exit point even with deeper analysis because to find that, we need to analyze one by one, including watch the price moves. But day trading now can be worth because many coins can go up to a higher price so we will have the opportunity to make a profit.

Day trading is a exhausting process overall ,but with practice it can be a very profitable.
Best Dreams
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May 23, 2019, 10:29:17 PM
 #184

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

Of course I didn't say its easy.
It needs experience , a good strategy and a commitment
Nothing is easy for everything w will have to struggle and work hard only then we will be able to obtain the main reason of having crypto currency, if you really want to become a trader you will have to learn trading as much as you can and one more thing that try to get experience, good or bad but never forget your experience day trader needs it allot, learning from mistakes, and gaining huge knowledge will make you good at day trading.
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May 23, 2019, 11:31:16 PM
 #185

It is like doing the interest is important for everyone because if you don't have any interest about the day trading in cannot definitely survive for long time that's why the interest only go and take you to the good position.

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nydiacaskey01
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May 23, 2019, 11:51:46 PM
 #186

disagree with you. Day trading is profitable in cryptomarket only choose entry and exit point carefully  Wink

Day trading will need more effort to find the entry and exit point even with deeper analysis because to find that, we need to analyze one by one, including watch the price moves. But day trading now can be worth because many coins can go up to a higher price so we will have the opportunity to make a profit.

Day trading is a exhausting process overall ,but with practice it can be a very profitable.
Yes it is exhausting because you need to monitor the price of the coins that you are watching for you to be able to sell and buy at the right time. That is why day trading is not for everyone because it needs focus and time. I tried it before and I ended up watching my monitor all day. Unlike those who prefers to hold their coins for a long period of time.
Finestream
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May 23, 2019, 11:57:29 PM
 #187

disagree with you. Day trading is profitable in cryptomarket only choose entry and exit point carefully  Wink

Day trading will need more effort to find the entry and exit point even with deeper analysis because to find that, we need to analyze one by one, including watch the price moves. But day trading now can be worth because many coins can go up to a higher price so we will have the opportunity to make a profit.

Day trading is a exhausting process overall ,but with practice it can be a very profitable.
Yes it is exhausting because you need to monitor the price of the coins that you are watching for you to be able to sell and buy at the right time. That is why day trading is not for everyone because it needs focus and time. I tried it before and I ended up watching my monitor all day. Unlike those who prefers to hold their coins for a long period of time.
Agreed.Day trading needs more time and focus to monitor the price chart of the coins you have invested so that if the market suddenly turn sideways,you can immediately make a back up and still end up gaining profits.So there is more risks in day trading compared to long term trading which is more relax because all you have to do is just sit and wait when will these coins will pump.

Botnake
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May 24, 2019, 03:30:49 AM
 #188

It is like doing the interest is important for everyone because if you don't have any interest about the day trading in cannot definitely survive for long time that's why the interest only go and take you to the good position.

It's like a day job, you can be successful when you focus on it, it means you have to give time and effort in improving yourself.
Everyday, market movement is our opportunity to make money, with enough knowledge and good skills, nothing is impossible in becoming a successful day trader. The good thing here is you will certainly reap better benefits than working and just rely on paycheck.

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bravehearth0319
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May 25, 2019, 10:26:47 PM
 #189

We must admit that day trade was not an easy things to do in crypto world, anyone want to know this, it needs a hard work and knowledge for us to gain here a lot. And the basic things we need to know is reading in the graph chart such candle stick, and more something like that.
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May 25, 2019, 10:37:00 PM
 #190

Day trading is always so risky .I think you have to be a master trader if you want to do trading .You have need a huge capital as well if you want to do day  trading and earn a good amount daily .There are lot's of thing you need to analyse before start day trading you cant do it as new trader .Most day trading failed for good analysis and update on the project .So you need to noticed everything related the pair before entering the trade either you will going to fall in huge loss.

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May 25, 2019, 11:03:53 PM
 #191

You can follow this and another article.
 
How to Start Day Trading?

DayTrading.com is the top international guide to online day trading 2019. Beginners who are learning how to day trade should read our many tutorials and watch how-to videos to get practical tips. Experienced intraday traders can explore more advanced topics such as automated trading and how to make a living on the financial markets.


Source: https://www.daytrading.com/
bravehearth0319
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May 25, 2019, 11:42:21 PM
 #192

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.

All trading experts begun with no knowledge, and through their experienced in doing trade in the actual exchange platform they learned from it. That's why they have their own testimony to share it to others, because they failed first before they became successful. Besides, Day trade or trading is the main tools for us to gain here in this field of business whether bitcoin or crypto.
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May 26, 2019, 03:45:43 AM
 #193

Day trading is always so risky .I think you have to be a master trader if you want to do trading .
There is a huge opportunity to make great profit also if the risk is high, if some are making money in day trading, that would mean it's not impossible and anyone can be a successful day trader. We acknowledge the risk, but we don't fear it, as that's normal here in crypto, we need to deal with it.

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May 26, 2019, 04:56:34 AM
 #194

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
I also noticed that there are lots of people asking what daytrading experience is and I just like respond that it is very risky and low chance of having a profit rather than long quite ones. I haven't tried it yet, but most of the confession of their experience do really determine the diffuculty level of it.

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May 26, 2019, 05:14:51 AM
 #195

I get to trade every day, because my deposit consists of a hundred different cryptocurrencies and so I have the probability of profit increases, for convenience, I downloaded the app and put a blockfolio notification of my orders!
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May 26, 2019, 07:42:03 AM
 #196

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
I also noticed that there are lots of people asking what daytrading experience is and I just like respond that it is very risky and low chance of having a profit rather than long quite ones. I haven't tried it yet, but most of the confession of their experience do really determine the diffuculty level of it.
For me if must do day trading activity will be stressful for me because not always we can get easy profit and then we must and can't stuck in a coin more than 1 day. That maybe people's reason why they not really do day trading too.

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May 26, 2019, 12:17:27 PM
 #197

indeed the crypto market is indeed unpredictable. I suggest to trade coins that are clear because it keeps the coins from being scame

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May 26, 2019, 12:39:00 PM
 #198

Many traders lose not because of trading time, but many of them are loss due to money management and greed
pragna
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May 26, 2019, 03:16:12 PM
 #199

No, 95-99% of traders fail because of poor risk management firstly. Then the second reason is that they haven't mastered at least the essential parts of technical analysis. Then comes the emotions, FOMO, etc.. You see.. daytrading is no easy job, you need a lot of time to become proficient and it is not for everybody.

Yes i think this is very right here. Maximum day traders now-a-days do not think depth of market. They only invest by heard of someone's investment that `this token is good and will be benefited'. But if they think deeply before investment and make their own research they may take low lose.
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May 28, 2019, 09:09:36 AM
 #200

No, 95-99% of traders fail because of poor risk management firstly. Then the second reason is that they haven't mastered at least the essential parts of technical analysis. Then comes the emotions, FOMO, etc.. You see.. daytrading is no easy job, you need a lot of time to become proficient and it is not for everybody.

Yes i think this is very right here. Maximum day traders now-a-days do not think depth of market. They only invest by heard of someone's investment that `this token is good and will be benefited'. But if they think deeply before investment and make their own research they may take low lose.
this is important lesson for us.most of us haven't any skill when start make investment in crypto market.based on expert or friend suggesstion we take risk decision about our money.and finally we suffering loss from it.we have to learn and practice in trading skill if we want to earn profits.

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