it's so hard trading my day now!

[perla]

the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?

Maybe try to look what trading strategies that really fit, long term trading maybe you can try, or maybe if you keep want to do day trading, learn maybe what is your mistake, in here we only give suggestion but each strategy might be different for each people. Like me who like long term investment more than day trading because i think i still can't analyze market well.

[Darooghe]

It's because you are having to predict price movements down to the hour or minute. combine how hard it is to make extremely specific and precise short term predictions accurately with the costs of high frequency low holding period trading and it's very easy to see why most of them lose money. Day trading is inherently a fool's errand unless you're breaking the law to gain an advantage other traders don't have. I recommend don't even bother day trading. It was killed by institutional high frequency trading and it was always doomed in the long run because of the above. making precise predictions is much harder than riding a wave.

[1Referee]

crypto trading is difficult to predict, when using indicators often give false signals, try to combine several indicators to confirm the accuracy of the signal, see also whether market conditions are trending or sideways, or even move irregularly.

It depends on the time frames you are trading. If you're a 1-5 min time frame trader you are going to face a lot of disappointments trying to apply indicators. I honestly would put trading such low time frames in the same category of gambling, mainly so with how most people don't even have a clue what they are doing.

This reminds me of a friend of mine (wannabe trader) who sent me a message asking for my opinion on the massive dump that happened. Turns out, the 'dump' was only massive on the 5 min chart.  

[suzanne5223]

Making lost and experiencing wrong result through speculation/prediction are normal because every analysis are not always right. Besides, every crypto trading make lost at some point but what's important is how manage/stop lost. However, the current market trend is not good for day or short trading and i will advise you to use the long form of trading.

[Oceat]

the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?

Don't just trade day by day if you aren't so sure about of taking a good profit. Why don't you just take a break for a week then return to trading again because the market isn't too stable these days. Practice your trading strategy more if it won't be effective try a different approach so that you will also become too flexible with the volatility of the market.

[ReiMomo]

I guess you did not know how to trade and dont have enough knowledge of it. Day trading does not give accurate gaining profit. And I advise if you dont have full knowledge of it dont rush into trading because you will not earn if you don't know how to work with it. Trading is not mattered on the market situation because market will fluctuate the price every now and then, you should know the right time to buy and sell, that is the most important.

[davinchi]

the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?

You can't really become a "successful trader" with anything other than learning and practicing, just read up on how to pick your crypto currencies or at least where you should buy them and also try to do the exactly same things, that is how I first started my stock market life for example, I have checked the data that most hedge fund managers like peter lynch used and why they picked certain stocks, I found a website with all stock market data and then I used it to get my own stocks using same formula, I am still sitting at the top of a 20% yearly return give or take for the past 9 years (I had horrible years but thankfully some very very lucky years as well).

Crypto is similar, find what works for others, try to implement and eliminate the ones that doesn't work and keep the ones that do work out for you.

[Dart18]

There is no other way.
Don't go looking for another risky method like joining telegram groups who promises to tell signals.
That ain't true. Nothing is true in there.
They will just be using you instead.
Your greater hope lies within your prediction. It may not be accurate by now but somehow you will make it work in the long run.

[aardvark15]

One strategy I used when I was trading was that when I felt like it was a good time to buy, I would only buy with about 25% of my available cash. Then I had leverage if the price dropped. If it dropped, I would used the second 25%, and they still left 2 more opportunities to buy as the price dropped more.

[radjie]

do some research first on some coins whose prices are always changing, avoid trading on the type of coin that has a stable price because if you choose a stable coin to be used as day trading certainly will not provide profits in a short time. In addition, do a quick sale when the price has increased slightly in order to get a small profit, because by looking at the current market situation it is very unlikely if we expect large profits in a short time

[danherbias07]

I am more of a weekly trader.
Why? I dont see much changes in daily fluctuations today. It will be better to just make another strategy then.
It ain't working for you so you should just move on and change the recipe or you will just keep on losing money and might end up broke taking loans to continue it.

For the daily routine, I just monitor all the prices of my trading coins. If there is even a little profit then I will take it. I wont go greedy if I were you.
It is already difficult to make money. Just do it for addition on your monthly day job salary. 

[Slow death]

the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?

It is very difficult to predict price accurately, but you can combine technical analysis with fundamental analysis, read bitcoin news and thinking the way most people think can give you some advantage.

I am more of a weekly trader.

Sometimes I think I do the same thing

Why? I dont see much changes in daily fluctuations today.

For people who are trading with a lot of money, they easily get high returns with only small price fluctuations. Imagine someone who trade with 20 BTC? if have a price increase of 1% to 3% per day, this person easily will make considerable daily profits

[leowonderful]

Take a break. Realistically nobody's going to consistently generate profits from trading and we all have days or weeks of poorer performance potentially leading to losses, but that's normal. Stress isn't a good thing when you're making decisions while trading, so one thing you could try is trading on a different timeframe than what you already do while risking less money than usual to learn new techniques and find things you were previously doing wrong. Alternatively, you could also just stop trading for a week or two and clear your mind to come back later. It might just be a problem with your current mentality.

[Harlot]

Maybe day trading for you isn't the right type of trading in the first place? It might sound tough but day trading isn't really for everyone and judging from the current market we have I don't think that everyone can profit from a bearish market like this especially if you don't have the money to do so. Day trading is something done by at least people who are veterans in analyzing charts and news and they are also highly at risk of losing money even if they are the best in the field. Why don't you try other trading methods like position trading or just hodling the crypto in the long run since it is really the most safer bet for someone who is a novice in the crypto market it is really fit for people who don't have a lot of cash to play with in the market.

[ice098]

the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?

Learn how to trade. I mean read some references, monitor charts so that it will give you a hint or ideas on your next trade. It could be great and a big help for you. Trading with a deeper and great knowledge in charts are better and it could help you lessen your losses.

[maxreish]

It is really hard to speculate market as a daily basis. If your prediction is always wrong, why not reflect and identify which area is wrong? Is it the technical analysis? The way you read the charts maybe. And I tell you, it is hard to spot where is the right time to enter or to buy bitcoin.

However, why don't you consider to become a long term trading than day trading? Try and see how does it works for you.

[Ridwan Fauzi]

the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?

The movement price is always change everydays and just my assumption you have predicted with the same strategy or the same way. Indeed, all strategies are same and you are freely to use it basically, but in my side I'll bored if I do day trading with the same strategy moreover if I got lost eventually.

Unless, you choose the same strategy and its strategy just give you profit everyday you'll your own argument to decide it. Just my suggestion, you need to mix strategy the strategy that you have depend on the price movement.

[bitzizzix]

It is better to pause to trade for a few days or a few weeks because the market is currently not friendly for trading.
but it all depends on you and in my opinion, even though you are an expert in everything in trading will only produce small profits in daily trading or in a few days unless you turn to long-term trading.

[Janation]

Day trading is really hard.

It is not my opinion since there are a lot of people telling that too. We are dealing here with a volatile cryptocurrency and that is really obvious that every day will not be a good or great day for you. With the recent dump that happened, I don't know what you will do but for me, better trade when the price is right for you than doing it every day.

[KnightElite]

Maybe day trading for you isn't the right type of trading in the first place? It might sound tough but day trading isn't really for everyone and judging from the current market we have I don't think that everyone can profit from a bearish market like this especially if you don't have the money to do so. Day trading is something done by at least people who are veterans in analyzing charts and news and they are also highly at risk of losing money even if they are the best in the field. Why don't you try other trading methods like position trading or just hodling the crypto in the long run since it is really the most safer bet for someone who is a novice in the crypto market it is really fit for people who don't have a lot of cash to play with in the market.

But it is really hard to trade nowadays, the selling pressure is high and the whole cryptocurrency market in bearish market. There is no outliners so it is really hard to make a profit. Many people are using counter strategy, what it is means? counter trend strategy is you buying at bottome even the bear market is occurring. Trading is a process of learning so it is normal to experience tough time in it.