What Type/Kind of Trading Style is the Best and why

[Paradise25]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

[1714723390]

1714723390

[1714723390]

1714723390

[1714723390]

1714723390

[Rodeo02]

It is depend on the person and what is strategy is fit to you or you can see your advantage doing that trade. You can use them all for much higher profit and good result. and if you find out that other strategy is not working on you then focus only on the strategy that can give you highest winning streaks for every trades.

But for me day trading and position trading is what I mostly do.

[YOSHIE]

1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

I'm not telling you to look and read before creating a topic.

80%, the answers and questions you asked have been answered in the topics below.

I'm curious about you traders in this forum.

What kind of trader are you? Please also motivate why you chose this style.

1. Day Trader / Scalper
2. Swing Trader
3. Beginner, haven't started yet
4. Other (please explain)

I am a Day Trader and I chose this style because I'm not patient enough for Swing Trades and I like to be able to place many trades so I can use my own historical data to know what works and what does not work.

All the best,
Joel

https://bitcointalk.org/index.php?topic=5297975.0

Do we need to answer the same questions and answers over and over again, I think it might be better to look, search and read it before doing something.

[exstasie]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

Swing trading is the sweet spot for beginners. Trading trends on higher times frames is much more intuitive and reliable than scalping. I'm mostly a swing trader myself.

There is lots of overlap between scalpers and day traders. Low time frames, more unpredictable moves, a need to employ a system that exploits volatility effectively. I only scalp during extremely strong trends, and I don't recommend it for beginners at all.

Position trading mainly applies to whales. It's for traders who are so large that they need to accumulate and distribute over time.

[MonsterV]

I really think it depends on the user's investment some users make profitable from scalping but I think it is also depends on the skill of the trader some skilled trader really make a good income from different strategies.

strategies depends on the time and status of the market.

[Maus0728]

There is lots of overlap between scalpers and day traders. Low time frames, more unpredictable moves, a need to employ a system that exploits volatility effectively. I only scalp during extremely strong trends, and I don't recommend it for beginners at all.

Currently studying T.A here and it appears that some of the concept that pertains to what type of trader you are is a bit confusing with respect to the risk to reward ratio..

Isn't it that swing trading or day trading who deals with a larger timeframe is prone to a greater risk than those people who are doing scalp trading? Or I just misunderstood the concept? As far as I know, trading with a larger timeframe comes with a great risk because of the gap between prices while scalping is the other way around.

[sana54210]

When you are talking about only a handful of strategies, picked mainly because of the quick trading situation and all bundled up, you will of course have a lot of overlap as well. Day trader is the general usually, even if there is a technical term for it, a scalper for example could be seen as a day trader from outside too, he buys and he sells on the same day, day trader does that too, most of the time.

But remember, even if we are talking about something that might have small differences from each other, learning those differences takes a long time. Being a scalper for example is not as easy as it sounds, sure it is not rocket science neither but it is still something quite valuable as well. This is why you should pick yours carefully, if you want to learn one, and decide that you don't like it, it is going to be a waste of time for you to spend so much to learn it.

[Dutchyyy]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

It's up to you and what suit you best, your temperament, control, etc. This is 10000% individual.

What I found is best for me is Scalper on big news and clear trends and Swing Trades. What doesn't work is Day trader.

[Hippocrypto]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

Any of these trading style will be applicable depending on how you managed to do it in times of needs. When market movement has high and low fluctuations at frequent times, it's certain to choose day trading, but if you're not having real time monitoring then you're just holding enough amount; position trader will be effective as you waited for acquired price to come. Swing or scalper I haven't yet apply that, since I am not fun with unfamiliar styles and I only apply those I think efficient in my trading.

[jamesde]

Trading style requires the flexibility to know when a style of trading does not work for you, but also requires the consistency to stick to the correct style of  trading even if it does not perform optimally.

Four main styles of trading Scalping, Day trading , Swing trading and trading of positions. The variations between the styles is based on the length of time for which trades are held. Only a few seconds, or at most a few minutes, are held for scaping trades. Day trading trades are held for anywhere from a few seconds to a couple of hours. Trades in swing trading are usually held for a few days. Trading positions are held for anywhere from a few days to several years.

One of the biggest mistakes that new traders often make is at the first sign of trouble, changing trading styles. Every losing streak is to constantly modify your trading style or trading system.

[Wexnident]

Swing trading, or Position trading, your pick. Scalpers and Day Traders require you to be active almost all the time to react to the market, which isn't the best decision imo when you're just starting out. I've never tried day trading before but just the amount of time you need to spend already deters me from trying it out. Ofc, it's a lot harder to determine what would the market be in a longer period of time compared to a short one, but that's the price I guess for waiting it out.

[Sebas.tian]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.
Which of these trading methods/style is the best (that you use), and you can recommend and why.

The best that i can recommend to others like who hasn't be strong like the experts in trading is the 'Swing Trading', this to me is the most efficient type of trade for beginners, have been a good Swing Trader and have earned and still earning from the opportunity arising from this type of trade, but the simple truth about trade is: get together with the best strategy that seem to work for you perfectly.

[MCobian]

Of the 4 trading methods that you mentioned, I have tried them all and I am most compatible with day traders. Maybe because I can't
wait and want to get profit every day, day trader is perfect for me. But I do not recommend for newbies who do not have experience
and knowledge of trading, because day traders need good analytical skills that can be used to determine the buy / sell price.

[sheenshane]

I was a scalper before.  But being a scalper takes a lot of effort and time and not to mention countless overnights and reduced sleeping hours.  All your attention is on the market monitoring the price.

But then, I realized that doing trades for long term investment is actually better than doing it day by day.  You can't sit 24 hours facing your computer in a whole day long, just like day trading.  For now, long term trading is far better, with less stress, and less risk.

As you grow older, you realize that building wealth has a certain system.  You have to be able to earn while you sleep and that's what I'm doing now.

[dimonstration]

Of the 4 trading methods that you mentioned, I have tried them all and I am most compatible with day traders. Maybe because I can't
wait and want to get profit every day, day trader is perfect for me. But I do not recommend for newbies who do not have experience
and knowledge of trading, because day traders need good analytical skills that can be used to determine the buy / sell price.

Day traders need to provide more time and be active always as much as possible to attain their goals and do not miss opportunities to buy or sell. If does not have too much time then position trading can help, but out of all strategies or techniques mentioned all of them needs knowledge to really be able to earn in crypto market. It will be better if we focus on what suit us best but it's good to try them all to see which way works better on us.

[palle11]

I think that I can classify myself as a day trader.  By definition, a day trader is that trader whose major aim is mainly to get profit daily even if it goes over to next trading day. Then the reason is that trading daily is able to help you make your losses back in trading even if you make lose at another trading order. You trade with stop lose and can make a regain of the stop loss hit.

[pawanjain]

I had been doing swing trading a lot and had earned decent profits in the past but lately I have stopped trading to see how long the bull run goes.
Taking the risk to sell at the wrong time will eat up all your profits in this bull run and we won't want that to happen now since bitcoin has been breaking all records every week these days.
The best thing to do now would be patiently HODL your coins and reap heavy profits in the future.

[wxa7115]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

This has been asked many times in the past and in my opinion the same answer always applies, the best is whichever fits your personality and can produce for you the most profits, for example you may want to be come a day trader but if you work 12 hours per day and you have a family to attend you are not going to have the time to become either a day trader or a scalper, you need to become a swing trader or even a position trader.

In the other hand you may like to hold your positions for months or even years but if you are impatient then that style of trading is not going to fit you so it is better for you to become a day trader or a scalper, as you can see the decision of what trader to become comes down at the end to your particular circumstances and your ability to profit from those circumstances.

[palle11]

The best thing to do now would be patiently HODL your coins and reap heavy profits in the future.

Hodling is fine now because even if the price want to fall, it won't have a total collapse as some won't go to the market because they are hodling it back from buyers. Therefore , there may come little time for correction but it may not go dropping far down.

[wxa7115]

I had been doing swing trading a lot and had earned decent profits in the past but lately I have stopped trading to see how long the bull run goes.
Taking the risk to sell at the wrong time will eat up all your profits in this bull run and we won't want that to happen now since bitcoin has been breaking all records every week these days.
The best thing to do now would be patiently HODL your coins and reap heavy profits in the future.

I agree but as I have said not everyone can do that, since you can you seem to think that everyone should be able to do the same but this is not the way things work, people have different natures and holding your bitcoin now is easy since the price is going up, but we know how difficult it is to hold your coins when the market is crashing, the crash that happened at the end of 2017 and the beginning of 2018 was huge and then the sideways market that followed that lasted more than a year was incredibly difficult, but we survived it.

But most people cannot do that so let them become traders, even if they just break even as long as they remain in the market that is a win for them and for us.

[Yamifoud]

If you consider yourself becoming a full-time trader, then have to you choose either be a day-trader or swing trader, or of having them both. Choosing the best one will also have to consider first where you are comfortable with, actually, you make a try them all to know more about these strategies and to know also which one makes better with you.

If I said day trading or swing trading is the best that is because base on my experience and possible that it can be not good for you.

[CryptopreneurBrainboss]

Which of these trading methods/style is the best (that you use), and you can recommend and why.

I won't recommend day trading as a strategy any newbie should used. Day trying is one of the most stressful training technique. Although if done rightly it can bring you profits but there's more you'll lose compared to the profits you earned. One of those could be your sight and some blood related disease like high blood pressure due to constantly been under pressure from the movement of the market.

Trading shouldn't be the first investment strategy for a beginning imo, you should start with holding and when the profits have come you can then shift to other earning aspect in the industry trading. A
And the funds used for the trading should be the profit you have gaines from holding Bitcoin.

For example the holders vs traders of 2020 if some finding are done, it'll come out that the holders were more profitable than the traders. The market was so volatile this year that many traders would had been burnt with the numerous flash crash and market corrections that happened this year.

[cryptoaddictchie]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

Different perspective. I usually do scalping and position trading.

For major alts I've always positioned my orders but for some quick gains I've prefer shitcoins for some scalping within a shorter period of time. Position trade is quite unsure but if you can buy on a good entry price with a decent quantity then that's definitely a sure profit.

But if you think about the difference like scalping, swing and day trading its almost identical to purpose aside from the positioned trade.

[jostorres]

Well, this is always depend in the individual traders dude. Because, on my experienced sometimes I never know or notice if I am
doing scalping, day trading, swing trading, but just all I know I'm doing day trading at most of the time in my daily routine in life at the moment.
But of course, it is better to know why type of a trader we are in crypto space anyway.

The reason why it looks like it depends on the person and why you think you do your best when you pick the one you know most, is because doing anything very well could mean you are trading profitably. It doesn't matter because it matters on the talent level and knowledge about trading. This is once again personal but not just personal on preference level but personal on talent level.

If you are amazing at day trading but horrible at swing trading, but you have more fun with swing trading, you are going to end up losing money anyway, it is not about what you want to choose, it is about what you are good at. A person that picked any of these, worked hard on it, trained hard on it, practiced it on virtual places, and actually became veteran on real trading as well, will be awesome in any of them, it all depends on how much effort you put into becoming good at it.

[fauzan123]

Every trading style, skill, technique and strategy is the best, to every individual there is a trading strategy which leads to profit / losses. It is hard to convince a trader about another skill when he has one that works just well. This is why you must find out what works for you.

Each trader also has different trading skills and characteristics, both short, middle and long, all of which also have their respective advantages. There are many styles that can be used and each indicator used also has different strengths and capacities, of course this is also helped by each trader.

I myself have been comfortable using support resistance analysis as a basis for analysis and prediction in trading, because I feel that the basis of trading is on support and resistance, because that is inseparable.

[Ridwan Fauzi]

Neither one is the best, depending on one's style.

Those stratgey have each advantage and disadvantage. Like scalper, the advantage you can get money quickly, yeah you just need five minutes to get a profit. And the disadvantage you need to watch the candle properly, if you made a mistake then you will get a profit. Let say, you made five a mistake when you make an entry then you will lose all of your money in the short time. Likewise with day traders or swing traders, they definitely have their own advantages and disadvantages. You have to read the ins and out of the strategis and match with your personality.

[Stalker22]

Like others have already stated before me, each of these techniques has its own advantages and disadvantages.
Due to volatility and market dynamics, the scalping strategy is ideal for trading at shorter time intervals. With day trading, you are likely to use a scalping strategy several times a day. Swing trading is more common for those who don't have a lot of time to follow the market closely, while position trading is effective only with a deeper analysis and positions over longer time periods.

Most professional traders will use different combinations of these methods to maximize their profits.

[Kelvinid]

Most professional traders will use different combinations of these methods to maximize their profits.

Exactly, traders will choose the best strategy for them and they can make all of these things if these are useful enough to take advantage of the market. Having 2,3,4 strategies are more advantageous than one but you can't just go along with them all if you are a beginner.
Well, experts can manage to make it as they are already been full-time traders and they have more than enough knowledge and experience that is why it looks so easy for them to use it all.

I'm not like them and probably you as well, so my advice is to choose the strategy that you feel suited to your capability.

[Stedsm]

Isn't it better to first understand each and every type of trading you're talking about, and then executing it on some demos or even if real, with proper money management? It will give you a great experience to DYOR and then decide which style suits you the most. If you'll trade according to us, I don't believe it'll work even if you ask 1000 people through conducting a survey and then going for a style that's best according to them but not you because it's their experience. Try it yourself and you'll know what's best for you.

[Ryker1]

^[snip]
I'm not like them and probably you as well, so my advice is to choose the strategy that you feel suited to your capability.

Well, you have a point there.
You cant use all of the strategies in trading, perhaps a strategy combination of different styles will work but it has a limit on it and can't survive for a long period of time. I would say, choose the best one and study this very well and determine the advantage and disadvantage so that you can apply when you are in trading activity. Even how many strategies you will use in trading, does not give any guarantee that you will get profit once you will use, the market will remain unpredictable and it will depend on your luck.

[create_crypto]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

Whose the best traders in the world - they use:
3. Swing Trader
4. Position Trader.

Because, if you have big resourses it is impossible for you scalping, because every time you have much more buying and selling power, than market can give you at every moment, thats why you starting to move pricese with your volume.

Day trading creating big problem than you trying to follow the trend, but you have an opportunity to sleep well)

Swing and position trading also difficult to trade by the rules, you must quick cut losses. That`s why you feel doing a lot of money loosing trades sometimes months, but your goal at the end to catch big unstopple trand like last months happened with Bitcoin.

And I also don`t saw any seriuos succesful top traders, who still trading 1 and 2 types. Of cause they know how to trade these styles aswell, but decide not to.

[exstasie]

There is lots of overlap between scalpers and day traders. Low time frames, more unpredictable moves, a need to employ a system that exploits volatility effectively. I only scalp during extremely strong trends, and I don't recommend it for beginners at all.

Currently studying T.A here and it appears that some of the concept that pertains to what type of trader you are is a bit confusing with respect to the risk to reward ratio..

Isn't it that swing trading or day trading who deals with a larger timeframe is prone to a greater risk than those people who are doing scalp trading?

"Day trading" generally means closing trades within the same day. Scalping is even more short term, trading on the 1-minute or 5-minute charts.

So the major distinction is between swing trading (riding trends over days or weeks) and scalping (holding trades for seconds or minutes).

Naturally, swing trading is much riskier in absolute terms (bigger risk per trade) because you need to use much wider stops than with scalping. You can't expect to jump onto a daily trend if your stop losses are, say, 0.1%. You're almost guaranteed to be stopped out in that situation. Such a stop loss would be appropriate for a 1-minute chart scalper though, because he is trying to profit from very tiny price moves.

The downside of scalping is you miss out on most of the gains from trends. Higher time frame traders can just hold for weeks for huge profits, while you're constantly opening and closing for tiny little profits. Plus, low time frames (hourly and below) are very unpredictable, which makes scalping even less profitable.

Or I just misunderstood the concept? As far as I know, trading with a larger timeframe comes with a great risk because of the gap between prices while scalping is the other way around.

That's exactly right. Swing traders are taking way fewer trades with larger potential losses and also much larger potential gains.

[Shasha80]

Actually, of the 4 types of trading mentioned in the opening post, all of them are good, depending on everyone's taste which is more suitable.
For myself, I really like day trading, because it can generate profits every day and is not boring. Because I am not the type of person who likes
to wait too long, and by day trading we can get results every day even though they are small profit.

But day trading is not an easy method to do, because it requires more effort to be successful in day trading. And also requires good analytical
skills and also a fairly long trading experience. Without these two things it will be difficult to successfully make profit from day trading.

[Tahsin Kabir Kollol]

Which type of trading is best depends on what type of cryptocurrency you are investing in. For example, if you invest in Bitcoin Ethereum or any potential cryptocurrency, a long-term investment plan will give you an expected return. On the other hand, in cryptocurrencies that are not very promising, but market analysis shows that even if it is up for a while, day trading or swing trading can bring you a profit. Again position trading can be done by reviewing the current situation of any cryptocurrency if you can gain a comprehensive idea about the market and make full use of your experience. Moreover, different types of trading strategies are popular with different types of traders and they consider trading in the strategy of their choice as the best medium.

[Yatsan]

The best trading style is not the same with everybody else for we are having different ways on how we deal on doing our trading. There are trading styles that suit on one person but not for the other due to different activities they take hold aside from doing trading which makes one trading style not suitable to them compared to the other. You will definitely find the best trading style that will suit you depending on the type of trader you are which you will basically know by yourself on which trading style you must use to be able to gain profit and work on upon doing your trading. It also varies depending on the type of coin you wish to trade so certain adjustments will be made to determine which trading style can be used on dealing with it considering your time allotment and the coin you have.

[Maus0728]

~snip

The downside of scalping is you miss out on most of the gains from trends. Higher time frame traders can just hold for weeks for huge profits, while you're constantly opening and closing for tiny little profits. Plus, low time frames (hourly and below) are very unpredictable, which makes scalping even less profitable.

Which means there are different types of approach in either scalping, daytrading and swing trading due to their respective time frames? As far as I understood, there is an instance that a technical analysis intended for scalping may not work in either daytrading or swing trading and so on and so forth..

Even though I feel overwhelmed, I think there is nothing wrong to become a trader who can do different trading approach so that you can easily adjust depending on your daily or weekly routines. Thank you @exstasie for a kind explanation, it was even harder than I had expected.

[crwth]

]I think most of the newbie traders are going to have the idea of being a day trader. Like you can become successful continuously and going to be profitable automatically per trade. That's what I thought going into it, but that's just a perception from a beginner. Now I'm mostly a scalper with my market maker bot. With the fundings and dollar cost average techniques.  Personally, what I dream of is the passive one. That's why I'm trying to show everyone that it could be possible with the use of Gunbot. I have a thread in the trading discussion, and currently, it's going great. It doesn't necessarily mean I would stop trading manually, but the performance of my trades having a bot could increase my profitability exponentially.

[Yamifoud]

]I think most of the newbie traders are going to have the idea of being a day trader. Like you can become successful continuously and going to be profitable automatically per trade. That's what I thought going into it, but that's just a perception from a beginner. Now I'm mostly a scalper with my market maker bot. With the fundings and dollar cost average techniques.  Personally, what I dream of is the passive one. That's why I'm trying to show everyone that it could be possible with the use of Gunbot. I have a thread in the trading discussion, and currently, it's going great. It doesn't necessarily mean I would stop trading manually, but the performance of my trades having a bot could increase my profitability exponentially.

A reason why most traders are prepared for manual trading is due to a lack of trust in trading Bots because of scam issues. I respect your Gunbot cause I also saw your post regarding that and you have been proven that it really works for you but wondering if it will work then for others or even mine. I'm not a full-time trader and I did stop if the market is already at peak just to minimize the risk since I don't have much time to spend.

TBH, I'm not really trusting trading bots but if someone (a trusted person) can offer me, maybe it was time to open a window for it and embrace the new tool in trading where there is a hassle-free. 

[crwth]

A reason why most traders are prepared for manual trading is due to a lack of trust in trading Bots because of scam issues.

I think that's an easy thing to answer because they should check what bots have the good reputation ones and see the actual thing working. What I like about Gunbot is that it's installed in your computer, not in a cloud. So you have full control over what you input in the software and you don't need an account for that. Just your license and your chosen exchange and you are good to go.

I respect your Gunbot cause I also saw your post regarding that and you have been proven that it really works for you but wondering if it will work then for others or even mine. I'm not a full-time trader and I did stop if the market is already at peak just to minimize the risk since I don't have much time to spend.

Not completely shilling Gunbot but I believe it would be worth it for you to try it. I would help you set it up but there's no guarantee that you would get the same results because it's not an easy tool to learn. You would really need to work hard. Yes sure you could plug and play and just trust the software but the key difference in learning how it works is the key to profitability. The market is not always the same that's why you need to adapt your strategies as well, whether you are using a bot or not in trading, that's the truth.

TBH, I'm not really trusting trading bots but if someone (a trusted person) can offer me, maybe it was time to open a window for it and embrace the new tool in trading where there is a hassle-free. 

I could offer it to you but you need to put in the work as well. It's not magic and it's not hassle-free because you need to learn it as well. It would provide you a whole lot of advantages once you have seen its capability. If you are really interested, PM me.

[LimLims]

In recent times I have understand that most beginner traders don't know the kind of trader they're. Either
1. Scalper
2. Day trader
3. Swing Trader
4. Position Trader.

Which of these trading methods/style is the best (that you use), and you can recommend and why.

To be honest,
No strategy or Method works for the second time.
The only thing that matters is the luck and good fortune.
If you lack in both of these, then surely you will fall in losses.
Moreover Trading should be done by doing high estimated calculations, not based on theories.
Hope this clears some doubts for you OP.

[wxa7115]

If you consider yourself becoming a full-time trader, then have to you choose either be a day-trader or swing trader, or of having them both. Choosing the best one will also have to consider first where you are comfortable with, actually, you make a try them all to know more about these strategies and to know also which one makes better with you.

If I said day trading or swing trading is the best that is because base on my experience and possible that it can be not good for you.

Day trading is by far the most popular choice but at the same time it is the one that is the hardest as well, it is better to begin as a swing trader at the beginning of your career and then only once you have demonstrated to yourself that you can actually make money trading then you can become a day trader.

Personally I think those people will be better by just being investors and buy bitcoin whenever its price is low and hold for years but those people also want to get excitement out of their investments so they prefer trading over investing even if the former is way easier and it has way better chances of becoming profitable.

[gabbie2010]

I am a day trader I monitor all my trade daily and also closed all my trades before the beginning of another day thus No 2 option fit my style of trading my adrenaline can't withstand scalping trades especially cryptos which in most cases are synonymous with high volatility, I choose option 2 based on the fact that I have time to analyze my trade before pulling the trigger my choice of 4 timeframe which I believed is more stable in term of momentum and volatitlity and having the ability to monitor my trade in every 4 hours is an added advantage.

[Wind_FURY]

I believe everyone who says that they are a “day-trader” has not profited from the market more, if back-tested, against a “buy the dip and HODL” strategy, from March to December 2020. The more trades, the more mistakes.

[Majharul Saiif]

I think that I can classify myself as a day trader.  By definition, a day trader is a trader whose major aim is mainly to get profit daily even if it goes over to the next trading day. Then the reason is that trading daily can help you make your losses back in trading even if you make lose at another trading order. You trade with stop loss and can make a regain of the stop loss hit.

I also concede with you. Profits in Day Trader would be moderately good and there would be involvement in trading. One day's loss can be averaged with another day's profit.

[imstillthebest]

To be honest,
No strategy or Method works for the second time.
The only thing that matters is the luck and good fortune.
If you lack in both of these, then surely you will fall in losses.
Moreover Trading should be done by doing high estimated calculations, not based on theories.
Hope this clears some doubts for you OP.

second time ? Or when re used ? Does that mean we need to practice all what is written by the op but if we are a beginner we can't learn all and I think most traders keeps on re using their Verry own single strategy because they think thats working for them and they are comfortable with that .

Luck and fortune sounds the same but what about the skills ? Trading needs skills  . Estimated Calculations and theories sounds the same too but again this won't be enough without skills involved .

 @op you missed trading or regular trading . Beginners don't know how to label themselve but they call themselves as plain traders .

[carlfebz2]

I believe everyone who says that they are a “day-trader” has not profited from the market more, if back-tested, against a “buy the dip and HODL” strategy, from March to December 2020. The more trades, the more mistakes.

You are  talking on the negative side but we know that you can earn more than on the amount that you can make  with just simply buy the dip and hold.

It is just normal that you would really be dealing with higher risk since you do actively engaging in the market and dealing up with price on active manner which is totally
opposite into those who do tend to hold or somewhat playing on the safer side.

When it comes to effectiveness then this will vary or depend on someones capacity or capability on doing trades. Trading styles can neither effective or not on trying out
each of those ways that had been mentioned by a certain individual.

[cyriljundos]

trading style of most traders are the same but the most important kind of technique is reading graphs and analyzing the flow of specific coin that you want to trade in. based on my experienced in trading  ive observe that short term trades is quite good, you can gain profit at short period of time. the other one is long term trade you can simply buy a coin and hold it until its profitable and you can sell it.

[Peanutswar]

Previously im just a future trader always FOMO but just a small amount I try to make capital of 10-30 USD in a single trade and trying to keep this up to a higher trade almost 50-70 USD but right now due to this pandemic having sources of income becomes more limited still having the wave and trend must need to keep updated to follow a spot trading, during my investment I got a good market profit passively by just doing the buying low and selling high after that I back again into future trading but reaches today having a red day. So, back to spot. After this time I realize some of my mistakes. Im planning to wait enough money to make a future trade why while I'm making an investment into a spot to get profitable.

In short, I trade depends on the situation.