i failed in day trading

[Coolman4]

i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

my question is about stocks not crypto

[BuxCoin]

day trading is tough  market sentiments affects price a lot this is the challenge of day trading , anyone can put support and resistance and wait for entry , but in day trading predicting market sentiment is most important and this needs experience

[Ucy]

You mean actual "Stocks" are influenced by Cryptocurrency Market OR are you referring to the whole cryptocurrency market being influenced by the price of Bitcoin?
If you find day trading difficult you could try weekly, monthly or long-term trading.. Or you could trade between Bitcoin and stablecoin. Or between top altcoins and stablecoin

[pundit]

Technical analysis can only provide you an edge to trade, it cannot predict the market perfectly. Its true trader's sentiments moves the market. For day trading one must chose the lower TF like 15 minutes, 30 minutes or 1 hr TF. First and the most important thing is to analyse bigger trend, where 4hr, 1 Day or weekly TF is moving, one should only trade in the direction of bigger trend but it is also important to check if there is any resistance or support in the trend, trades should not be taken near it. It is better to wait for retracement in any trend and enter the trade on new signal. Hope it helps.

[lablab03]

if a traders fail then it means more research needed. So not only does strategy need a traders. It also needs discipline and consistency in their strategy and research and analysis before all because this is the most  important.and don't put emotion into the trade because more emotion has a higher chance of losing.

[milandres0207]

if a traders fail then it means more research needed. So not only does strategy need a traders. It also needs discipline and consistency in their strategy and research and analysis before all because this is the most  important.and don't put emotion into the trade because more emotion has a higher chance of losing.

There's so many criteria for a traders to become successful in trading. One of this things are you nee to be aware and prepare for any circumstances that you might encounter when you are in the actual trade. Be a risk taker, be patience, must know how to
implement the use of right timing in trading, and don't panic if the price fall rapidly.

[Bitcoin Smith]

i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

I think everyone will not successful in each and every field something was not suitable for everyone in all the time so finding the best for your your work will be successful in all the time.

[Harlot]

Are you specifically asking why you are failing day trading in the stock market? If you are then you must know that the stock market compared to the crypto market isn't as volatile as it is and the volatility is more dependent on speculation and news involving the market and the specific stock you are looking at, technical analysis is something used on a much longer time frame as they are looking at bigger patterns in the market and they trading are only about the hype involving a specific industry or stock. Try basing your trades more on news involved with the companies and just look at TA to confirm if the charts are supporting the movement.

[Findingnemo]

i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

First let us clear about what you are talking,stocks or cryptos?

People have high chances to lose money in day trading compared to others since it is most profitable trading method when one do it most perfect way.

[mk4]

You either study and practice more, or you simply just can give up. Either option is fine, as not everyone has the patience and the emotion control that's fit for a day trader. Technical analysis isn't there to guarantee that you'll win your trades anyway. It just helps with risk control, regardless if the price is going up or down. Remember, even in the bull run of 2017, pretty much every shitcoin investor thinks they're geniuses just because everything's going up.

If you want to quit, go for it. Just don't think bad of yourself, as you've might have tried your best anyway.

[noormcs5]

i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

Why are you mixing stock market with crypto market ? If you are asking about the stock market only then this may not be the right platform as you will get information about the crypto market trading here.
In crypto market, day trading is not easy and even the experienced persons fails when it comes to day trading. You need to be very precise in your judgement, when you do day trading.

[leowonderful]

Not all people are good at daytrading, some are better at longer-term trading or swing trading, and then some people just aren't fit for trading at the end of the day. If you've really been putting work into shorter-term trading and it's just not panning out for you, try another style of trading and see how that works out for you. I've never been a great day trader either, and I might never be, but I've got strengths located in other areas. You could also continue trying to learn how to daytrade; it might just be a small error that's keeping you from being successful.

[milewilda]

You mean actual "Stocks" are influenced by Cryptocurrency Market OR are you referring to the whole cryptocurrency market being influenced by the price of Bitcoin?
If you find day trading difficult you could try weekly, monthly or long-term trading.. Or you could trade between Bitcoin and stablecoin. Or between top altcoins and stablecoin

This is the same i do thought where he do trying to correlate stocks trading to crypto.I dont even see a reason
why they do correlate to each other which it isnt right for you to rely on and trying to compare both because
in volatility alone you will able to spot out the difference hence they are also in different markets.The thing you advise was just right
where if it doesnt work on shorter time frame then you can try out the longer ones and find which TF will suit you in.

[rodel caling]

day trading is tough  market sentiments affects price a lot this is the challenge of day trading , anyone can put support and resistance and wait for entry , but in day trading predicting market sentiment is most important and this needs experience

Great advise mate day trade is a full time focus job analysts well the potential coins possible to growth in day or 24 hours. And put margin how much percent they want yo resell again their coins in day trade. Good luck always analysts were the mistakes in every mistakes their have a success.

[stfN2128]

i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

Day trading is a hard thing. You wont making money from learning technical analysis for months and start to daytrade. Daytrading stocks and indices is time consuming. and you only learn by failing at the beginning. My advice for you, if you really know technical analysis stuff and so on, try to trade on higher timeframes for the beginning. 1 hour chart and up. Its easier than day trading cause your best analysis wont work if donald trump make tweets about tariffs for chinese goods cause the negotiations with china don't get well... or some other shit. on the next day he makes a tweet that all looks good for a deal and market gets pumped

[Capt00]

i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

Are you in trading with crypto or real stocks? Cause crypto trading is different from how a real stock trading goes and I don't crypto will affect the price with our local stock market. Since you've learned already about TA's and actually you are practicing it, it will be easily for you to adopt crypto trading. However, you shouldn't have to rely only on TA's, you should also consider trading signals and some tools that could help you fully understand the market flows..

[romero121]

Go through this thread which is under the speculation section. You'll get to know better about the success rate of day trading. https://bitcointalk.org/index.php?topic=5184800.0 people try to make an earning through trading which is not a easy task with this volatile market. By the time there is an thread in our trading discussion where one has got into trading leaving his day job. He was successful to make good earning. It is also a kind of gambling where luck is required apart from the technical experience.

[pieppiep]

You cannot use the same analysis for crypto and stock at the same time because it works in a different way. You need to choose which market you want to trade, and you need to stay focus on one of them. Don't try to compare the market because that will makes you confuse to analyze.

You already make a mistake, and you should not make the other same mistake. From now on, you need to choose only one market first to learn deeper and make yourself familiar and understand how to make money from that.

You don't need to do day trading if you don't have good skills because that will makes you confuse to determine which coin you should buy. Besides that, you feel difficult to make a profit if you still force yourself. Just try to learn step by step, and practice to know how to choose the right coin.

[ryzaadit]

Technical analysis have some percentage of success around 70-80%, A professional TA always giving a percentage form his analysis around that percentage. We can get a 100% technical analysis to get a profit, sometimes TA makes some people confuse to make a Buy/Sell order.

I'm not a fan of TA, I doing a trade only with small capital crypto went i can do my analysis based on Volume Trading, Spread Order, Wall & Gap order around 15-30%

[nydiacaskey01]

i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

Don’t compare cryptocurrency and stocks, the markets on both have different behavior, in stock market, it moves when a positive news or negative news was published, unlike in cryptocurrency, a lot of positive news has been published but price don’t move a bit. Try using Bolinger bands if you are a day trader.