To day traders

[Btcalysis]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

[Rruchi man]

Patient traders are more likely to earn.

Patient traders are always the ones who profit most from the market because they make fewer losses since they are not always in a hurry to place trades, hence fewer errors. Before a patient trader enters into a trade, there must be confirmations.

Patience is an important part of trading, and it is very essential for every trader to be patient; if not by nature, it has to be a skill that has to be consciously acquired and maintained.

[Hamza2424]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

So this is day trader's views got it.. Buddy.

Shit coins + Levrage + 1/10 Capital + Zero Risk management = RIP / REKT

On average if you are a day trader don't take 3+ trades in my view even 1 good trade is enough..

[shinratensei_]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

sounds good but then you realize if we trade using 1/10 of our fund, if we only have $200 that means we'd get minimal profit, if we don't use leverage, you'll grow old first before you can even get 100% profit of your overall trading fund, managing risk is great, but if it's too strict like this you'd also be wasting of time, you need to find the balance where time spent worth the profit you earned. if i were to trade with 1/10 of my trading fund, I'd use leverage around 10x, to make sure I can get big profit enough to make the time spent worth.

patient is okay, being too patient you'd settle with mediocre profit.

[Davidvictorson]

Patient traders are more likely to earn.

You should trade when you have checked and see that the odds are in your favour. That is when the market has shown that your set up has a high probability of succeeding. Amateur traders think they must trade every single day. That if they not, they are going to miss out on the opportunities in the market that day. They think that by trading everyday, they have something to prove even when their capital is dwindling. Every trader's aim is to make profit and reduce the possibility of a loss. To become a profitable trader your trades not be in huge proportion. Being able to receive feedback about your trading set us is another crucial aspect of profitable trading. Patience in trading comes with knowing when to adjust your set up to fit your current trading environment.

[Hatchy]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

It's a well known fact the altcoins are very volatile. Though still tradable but one must be skillful dn understand how to ride through the market and when to exit. Why most traders still loss is because they dont understand how to manage their risk. A day trader should be able to find gold and quality setups and when he hits his take profits, that should be all for the day. Don't jump into multiple trades just because you feel it would be valid. This is more reason some good traders are still not profitable.

[NeuroticFish]

It's a well known fact the altcoins are very volatile. Though still tradable but one must be skillful dn understand how to ride through the market and when to exit. Why most traders still loss is because they dont understand how to manage their risk.

Imho still too many who are day trading are not actual skillful traders, they're more gamblers.
When market is going mostly up it can easily happen to confuse luck with skill. When (not if) it starts going mostly down... then many will suffer.

Imho the only differences between better and worse coins are:
* shit coins will go down easier and without any economical logic (pump and dump or rug pull)
* bad coins will go down and never recover
* good coins are... far too few

Sadly, I think that most tend to learn from own experience, not from warnings like this.

[shield132]

Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

Successful traders are mostly whales, so their trading session will be successful and 1/10 of their funds will be enough for them to give a good year's profit. Also, not only leverage but futures trading is very dangerous too.

On average if you are a day trader don't take 3+ trades in my view even 1 good trade is enough..

On average, no one should do day trading. If you aren't a whale, then you shouldn't day trade because it's the most dangerous form of trading. I believe that in trading, we should try to catch the best moments instead of trying to make a profit every day. It's easier and safer to aim for 20% quarterly profit and in the long run, even if someone manages to earn 50% of their investment in a single year, they'll become a millionaire in a few years. I think that charts show how possible it is to make 50% profit every year and that's what I aim. I tried day trading, I won and lost lots of money but in the end, no win outweighs the cons that come with day trading. During day trading, you are nervous and anxious all the time, can't go out because of moving charts and can't even sleep because if you sleep, you might miss a good opportunity to profit or you might lose your capital.

[AVE5]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

Good values of shit coins only last for a while and can't be determined on trading.
You can be imagine holding some for a period of investment and  a s time keep going so it's depreciating in values until you could lost it all.
So you can imagine how such coin could be traded with potential profits on traders. This is just to say that even patient isn't assuring your success on shit coin just as said on its highily volatile.

[BitMaxz]

If you trade futures with high leverage, it is too risky; if you do not know what you are doing, you could lose all of your capital in an instant; however, if you have a good analysis, you can get rich quickly.

If you do not have enough knowledge, avoid shitcoins and instead stick with bitcoin or any of the top 20 coins, which are far easier to analyze.

[tvplus006]

sounds good but then you realize if we trade using 1/10 of our fund, if we only have $200 that means we'd get minimal profit, if we don't use leverage, you'll grow old first before you can even get 100% profit of your overall trading fund, managing risk is great, but if it's too strict like this you'd also be wasting of time, you need to find the balance where time spent worth the profit you earned. if i were to trade with 1/10 of my trading fund, I'd use leverage around 10x, to make sure I can get big profit enough to make the time spent worth.

patient is okay, being too patient you'd settle with mediocre profit.

Yes, it is risk management that will save your deposit. It is possible that the profit will not be that big, but a small profit is better than eliminating the balance. And you should not turn trading into a casino, hoping to earn a million with 100 bucks. In order for trading to bring substantial income, it is necessary, in addition to risk management, to have sufficient capital for trading.

[CageMabok]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

In trading, there must be a level of patience so that there is a chance to make a profit, but if you trade using leverage, of course we must be able to choose an entry position that is more in accordance with the current market conditions so as not to be wrong in determining the price. But with trash coins, I think most people only use the coins for a short period of time before they forget about them for a long time. Because any trash coin is not worth keeping in the long term and is not even worth hunting repeatedly by any trader.

[FatFork]

Trading shitcoins is definitely a gamble - like tossing money on red or black at the roulette wheel.  You might get lucky and hit it big, but chances are you'll end up losing more than you make.  I mean even when people do actually win big, those gains can vanish just as fast as they appeared.  Smart traders know not to go all in and risk everything on one sketchy trade.  The general rule of thumb is don't risk more than 10% of your funds on any single gamble.  Patience plays a big role in trading too and  every trader needs to have the patience of a monk, but at the same time you cant let opportunities pass you by while you sit there waiting for the perfect moment.  It's a delicate balance.

[salad daging]

If you trade futures with high leverage, it is too risky; if you do not know what you are doing, you could lose all of your capital in an instant; however, if you have a good analysis, you can get rich quickly.

If you do not have enough knowledge, avoid shitcoins and instead stick with bitcoin or any of the top 20 coins, which are far easier to analyze.

Therefore for now I myself prefer to avoid futures trading because I know the high risk that will be faced, then prefer spot trading with a little bigger but will not choose shitcoin because this kind of token will be difficult to recover.
I think trading the top 20 coins will be better than altcoins that have small market capitalization.
Most people look for small capitalists in the hope that they can get bigger and prices go up, but I myself stay away from that.

[Adams0001]

Patient traders are more likely to earn.

You should trade when you have checked and see that the odds are in your favour. That is when the market has shown that your set up has a high probability of succeeding. Amateur traders think they must trade every single day. That if they not, they are going to miss out on the opportunities in the market that day. They think that by trading everyday, they have something to prove even when their capital is dwindling. Every trader's aim is to make profit and reduce the possibility of a loss. To become a profitable trader your trades not be in huge proportion. Being able to receive feedback about your trading set us is another crucial aspect of profitable trading. Patience in trading comes with knowing when to adjust your set up to fit your current trading environment.

The more you trade, the more you learn about it, so trading every day is good if the market is going well, because I didn't see anything wrong with it. I see many people on my side who are trading every day and even when they lose, they don't give up, which is good, because if you think in trading that if you lose, you won't trade again, I don't think you will be profitable on it, which is why they said patient is good. if you lose on trading you should try another strategy and see if the other once will favour you. Most people who learn trading without a mentor are now factual, and if they say they would never do it again, if they lose, I doubt they will be perfect now. Because trading is not easy, and I know someone who will say he will not give up on his path to master trading. Because it is uncertain, you will simply use your experience to see if he will favor you or not. If you have already accumulated enough dollars to utilize for staking on trading, one day you will be professional and guiding others. But if you believe you do not want to lose, you will never have experience about trading.

[SamReomo]

If you're a trader then you'll most probably trade the coins that are high in volume and market cap. The top coins that have been doing well for many years are the main coins that good traders trade and they really make enough money by trading those coins. I believe the most successful traders only trade Bitcoin as it's gives so much profits if you have big capital to start with and the risk of losing money with Bitcoin is almost nothing if you're doing trading in a smart way. The ones who trade shit coins or meme coins are mostly gamblers not traders mate.

[bettercrypto]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

If you are the type of trader who is not in a hurry to make a profit in trading, you will definitely make a profit little by little as long as you also study it little by little.
Just don't let your mind be overtaken by a quick rich mindset in trading.

You know that if you rush to make earnings in trading, for sure you will also quickly experience losses in trading because you always think about making
 a profit instead of studying it properly and correctly.

[Dr.Bitcoin_Strange]

If you are a new trader, it's better to trade just Bitcoin or some of the few old altcoins whose price is not as volatile and manipulative as the many new altcoins there. You should only trade altcoins if you are experienced enough and also knows how to manage your risk. But what I know is that, even if you are only trading BTCUSDT pair, you will still become a very successful trader. You don't have to trade different pairs before you become a successful trader.

[Oshio-man]

Not when you have the skills of crypto trading you will be removing $100 from $1000 to trade, but if you are a new trader, I think that strategy is good for you because it will help you not to lost so much in your crypto trading, I notice that today traders don't exercise patience in their trading and is causing them to lost whenever they rushed to trade their coins, because they thought by rushing to trade once the market price start increasing, is the best time to earn incomes which is a wrong choice, but if you can be patience for the price to continue to increase more and more before you trade, it will make you to achieve your target in crypto trading.

[itinvestrange]

If you trade shit coins, you will see yourself losing because they are too volatile. If you gain, you may later lose. Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is. If you use leverage, you are increasing the chance of you losing. Patient traders are more likely to earn.

Day trading involves buying and selling financial instruments within the same trading day. Unlike long-term investing, it focuses on short-term market movements. Traders aim to capitalize on small price fluctuations to earn profits. While it requires skill, knowledge, and strategy, the risk is high. The market’s unpredictability can lead to significant losses. Successful day traders rely on research, analysis, and discipline. Unlike gambling, which relies mostly on chance, day trading involves informed decision-making. Still, due to the high stakes and potential for loss, some compare it to gambling. Understanding the market and managing risk is crucial for day traders. The debate over whether is day trading gambling often hinges on the trader’s approach—whether it’s impulsive and speculative or grounded in research and planning. Visit more update: https://www.itinvestrange.com/is-day-trading-gambling/