Is the day trading profitable ?

[Ayiranorea]

It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

Making the profit out of the fluctuation within a day is not that easy. It requires the learning, and should have the better observation over the market every minute. This ia quiet risky, but to the risks if the prediction becomes true then profit will be very big. If it isn't profiting  we can't find increased number of day traders in the market.

[1714197911]

1714197911

[1714197911]

1714197911

[Karmakid]

It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

Making the profit out of the fluctuation within a day is not that easy. It requires the learning, and should have the better observation over the market every minute. This ia quiet risky, but to the risks if the prediction becomes true then profit will be very big. If it isn't profiting  we can't find increased number of day traders in the market.

The reality of the day trading is it only gives a small amount of profit everyday but as long as you are making money through trading then you will have a compounding interest and at the end of the day, you will have a huge amount of cash. Day trading is indeed very risky but once you know how to play it well, you can make a living out of it and quit your job.

[DevilSlayer]

It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

Making the profit out of the fluctuation within a day is not that easy. It requires the learning, and should have the better observation over the market every minute. This ia quiet risky, but to the risks if the prediction becomes true then profit will be very big. If it isn't profiting  we can't find increased number of day traders in the market.

The reality of the day trading is it only gives a small amount of profit everyday but as long as you are making money through trading then you will have a compounding interest and at the end of the day, you will have a huge amount of cash. Day trading is indeed very risky but once you know how to play it well, you can make a living out of it and quit your job.

The day trading strategy is really depends on the traders, considering what type of trader are important. Day trading is not my forte because I'm a momentum trader and a swing trader. I have day job and that's why I cannot do day trading. It is important to consider what type of trader are you for you to handle the risks very well.

[elewton]

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

Trading is profitable and has a loss. sometimes your number of failed orders is more than the number of successful orders but your profit is higher that day. Therefore, the management of capital is one of the very important things in daily profitable trading. You can execute margin trading, binary options, ... all of which will bring you profit if you have enough knowledge and study hard. and my last advice is that you should not start with a large capital, this will not give you much experience because you are more afraid when entering the order. Start with just $ 100 and test the knowledge you have learned.

[coin_1122]

It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

You are right, people who have good experience towards trading will be making some decent profit through trading. It is impossible to find the day trading thread because within minutes the prices will fluctuate based on their knowledge, it will surely help themselves and they will make a decent profit.

[Chrystora123]

of course still.. personally I am still able to make a small profit from trading.  just look at changes in the price of Bitcoin this week, if you buy Bitcoin last week and then sell it now, you will make a profit of 1% - 3%.  so trading today is still profitable, just how can you control your greed.

[Malamok101]

It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

Ofcourse daily trading is good and need some experience and it will take to be study as usual without experience in daily trading it is hard to predict price and market flows.

[Savemore]

The potential rewards in day trading is high but the risks are also high. In day trading there are specific trading setups that you should know in order to win. You should always monitor the price action in order for you to have control in your trades. There are a lot of traders who losing in day trading so not all of traders are suitable to it.

[john_nautica]

profit trading or not depends on you. now I think if we are good at managing trading it might be very easy to profit even though it is daily trading, just how our trading techniques and there is a lot of trading knowledge that must be considered

[Mia44]

The intraday trading method is a controversial method of its effectiveness, but it is very common. Day traders play an important role in the market, helping the market liquidity better and more vibrant.

Although day-to-day trading is quite common for new traders entering the market, inexperienced, but in order to succeed with Day Trading, you really need to have experience, capital and trading discipline. high…

[FLoving]

Yeah, it’s profitable way to do day trading, but needs to be done with proper calculation. And I do just that with help and support of FreshForex and their mighty Rebate scheme, it’s fabulous and helps big time to have any strategy as profitable.

It is profitable but at the time when all of the coins are in the rising position while in this time it is better to hold our coins for long term because it is the time of bitcoin bull run and in this time all of the coins are waiting for the the halving after which majority of the coins will start to gain value as the traders will start trading their coins.

[Triffin]

It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

Ofcourse daily trading is good and need some experience and it will take to be study as usual without experience in daily trading it is hard to predict price and market flows.

It is not hard work for them who are experienced as trading is not possible without having experience. Day trading has a lot of profit but better learn it well before starting as keep your eyes on market and work hard to become an expert trader, day trading needs more time than long term trading but the earning is also good.

[drachman]

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

All forms of trading are profitable, that is not really the question, the question is if you have the necessary skills in order to obtain profits from those forms of trading, I will be direct with you day trading is by far the most difficult way to obtain profits in the market but it is also the most profitable, this is what brings many traders to try their luck with day trading, but even if you were profitable you need to understand the huge level of complexity and difficulty that entails and most likely at the moment you do not have what it is necessary to obtain profits from day trading.

[onyek16M]

Of course, daily trades can be profitable if we are already experienced and must have experienced a loss. So not necessarily every day profitable because in the sidelines the next day sometimes the market can not be controlled and can not be in the predictions according to technical analysis, even though in fact the daily trader should always pay attention to the chart Their daily trading.

have experience in trading and knowledge about losses can not remove the lose because it just minimiz. in the right now day trading still profitable see the cryptocurrency price not stable so take profit for daily is good to do
in trading you just see the chart, event of coins such bitcoin will halving so you can take it, etc

[Darooghe]

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

The potential is pretty high for get a lot profit, probably higher than most people make if you’re good enough. the reality is that most people aren’t successful. for one, Focus on consistent profitability, then figure out how to maximize your gains from that without taking on too much risk. However, If you want to become a professional trader then don’t limit your options. You can trade without hemming yourself in to day-trades. There are any number of option strategies where you can make 40% to 50%+ annually and more reliably, but that may take days, weeks or even months to develop.

[doomloop]

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

All forms of trading are profitable, that is not really the question, the question is if you have the necessary skills in order to obtain profits from those forms of trading, I will be direct with you day trading is by far the most difficult way to obtain profits in the market but it is also the most profitable, this is what brings many traders to try their luck with day trading, but even if you were profitable you need to understand the huge level of complexity and difficulty that entails and most likely at the moment you do not have what it is necessary to obtain profits from day trading.

This is a matter of fact that there are traders who do best in day trading and on the contrary there are others who secure big profits in long term trading. So in short no type of trading is good or bad, it is how you deal them and what your skills are regarding the type of trading. Of course if short but constant profit is desired, going for short term is great but if otherwise is desired, go for long term trading.

[Assface16678]

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

All forms of trading are profitable, that is not really the question, the question is if you have the necessary skills in order to obtain profits from those forms of trading, I will be direct with you day trading is by far the most difficult way to obtain profits in the market but it is also the most profitable, this is what brings many traders to try their luck with day trading, but even if you were profitable you need to understand the huge level of complexity and difficulty that entails and most likely at the moment you do not have what it is necessary to obtain profits from day trading.

This is a matter of fact that there are traders who do best in day trading and on the contrary there are others who secure big profits in long term trading. So in short no type of trading is good or bad, it is how you deal them and what your skills are regarding the type of trading. Of course if short but constant profit is desired, going for short term is great but if otherwise is desired, go for long term trading.

In trading, you must know what kind of investment do you want because it depends on how many profits does give it to you. Trading is a converting your coins into another profitable money. In trading we have two kinds of investment, first is the long term investment it takes a long time before you get your money, bitcoin is suitable for this kind of investment it is too long before you get your money. Next is the short term investment this time altcoin is good for this because the price of those coin does not have a massive difference in the price.

[gabmen]

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

All forms of trading are profitable, that is not really the question, the question is if you have the necessary skills in order to obtain profits from those forms of trading, I will be direct with you day trading is by far the most difficult way to obtain profits in the market but it is also the most profitable, this is what brings many traders to try their luck with day trading, but even if you were profitable you need to understand the huge level of complexity and difficulty that entails and most likely at the moment you do not have what it is necessary to obtain profits from day trading.

This is a matter of fact that there are traders who do best in day trading and on the contrary there are others who secure big profits in long term trading. So in short no type of trading is good or bad, it is how you deal them and what your skills are regarding the type of trading. Of course if short but constant profit is desired, going for short term is great but if otherwise is desired, go for long term trading.

In trading, you must know what kind of investment do you want because it depends on how many profits does give it to you. Trading is a converting your coins into another profitable money. In trading we have two kinds of investment, first is the long term investment it takes a long time before you get your money, bitcoin is suitable for this kind of investment it is too long before you get your money. Next is the short term investment this time altcoin is good for this because the price of those coin does not have a massive difference in the price.

^^^ i don't think you quite understood the difference between trading and making investments dude. Fay trades, bu definition is not an investment. The aggressive approach that trading has is not how you make investments. Even short term investments take longer time compared to making day trades. The risk involved is also a bit different as i've always believed day trades are a lot difficult to master.

[atjiat]

Judging because it is happening on the cryptocurrency market, I assume that many traders refuse daily trading in the volumes with which they worked in past years.  The situation is really unpredictable and therefore the risks are increasing.  Several of my friends generally transferred their assets to more stable cryptocurrencies in order to protect themselves from losses.

[qiwoman2]

It can be a real earner if you know what you are doing. You need to have great virtues to be a successful day trader and tow of those are tenacity and patience. Tenacity to have the guts to follow your gut literally and that voice within that knows better what to do - your guidance coming through intuition and also the patience to wait for the right opportunity to pounce and to know when to be still and when to move in this volatile market of ours. You can't just blunder in and expect to be an expert form day 1 because you want to get rich quick. You need to study the pairs very well the ones you wish to trade and also you need to do a lot of thorough research so if you are left holding any bags, at least the bags you are holding are part of a really legit project or show good promise. Another bit of advice, don't follow FUD or FOMO, usually do the opposite of what these subliminal voices want you to do.