Daily trade Vs long trade - page 14.

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Quote from: SvonioneFromMangoCoinz on January 16, 2019, 01:06:02 PM

Quote from: Bushrat Jahan on October 09, 2018, 01:36:19 PM

I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.

I think short-term transactions are great for newbie. because we need faith to hold in the long term. The experience of short-term trading will give you experience to become a good trader.
Warren Buffett has also been a trader and has experienced a lot of failures before he became a billionaire.

Warren Buffett probably invested hugely amount and trade, then you might right. Here is my explanation on how to calculate your fund/capital in trading. If you will ask me personally. I have a very easy method of trading. What is it?

First, you have to slice your PIE. Divide your asset and balance things. As a trader, you can actually save some of the slices from your pie and invest it in a long term trading. And the other pie would be your investment for your daily. Just always remember that you need a long term investment and it is a must for you. You can trade for daily but make sure to keep a long term trading investment as well.

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Quote from: Bushrat Jahan on October 09, 2018, 01:36:19 PM

I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.

I think short-term transactions are great for newbie. because we need faith to hold in the long term. The experience of short-term trading will give you experience to become a good trader.
Warren Buffett has also been a trader and has experienced a lot of failures before he became a billionaire.

peter0425

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Quote from: Vaculin on January 10, 2019, 03:45:29 AM

Quote from: Aivaryamal on January 09, 2019, 10:21:30 PM

As a beginner, I recommend to set a goal to make a day of 3% profit and not to chase big profits at the beginning

A conservative way is good but 3% is already big if you have a decent amount for your capital in trading.
We are at the right place as a day trader because theres a lot of coins in the market and they are very volatile, no problem making that amount
but you need to be active in monitoring the market, what's important is to stay profitable all the time.

Or he could get a bot to help him get that 3% daily profit. It's really possible specially on shitcoins because of the pump and dump but you need to learn when to enter and exit as to not get trap. That's the essense of a day trading, profits round the clock but it's hard and challenging.

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Quote from: deppil on January 11, 2019, 02:44:48 AM

Quote from: MI6 on January 09, 2019, 10:40:24 PM

Quote from: deppil on January 09, 2019, 10:31:20 PM

Quote from: Johnyz on December 29, 2018, 06:31:28 AM

Quote from: darkr on December 29, 2018, 06:25:34 AM

Quote from: macstrong12 on December 22, 2018, 12:47:17 PM

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

Right, for some people who only know buy and hold when price get down, day trading is not good to d. Even if already experienced in trading activity sometime still hard to analyze coins daily and we know do that all thing daily will make us stressed.

Yeah because prices on the market are sometimes unpredictable, the strategy in trading is not just buying at a cheap price and selling at an expensive price, the strategy is more complex than that. trading is more difficult so you have to learn more and read more, if you don't have that skill then it's better to long trade

Yes learning is much better for best trading so you should get more knowledge about trading but if you wanna start trading so you should separate some little amount of money for trading (so if you lose it will never hurt you) and get start daily trading so you will earn some money and it will better learn you, so its depend on your choice if you wanna long trading or daily trading but now a days in its low price you will earn very low profit but a lot of efforts can give you big amount.

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Quote from: Bushrat Jahan on October 09, 2018, 01:36:19 PM

I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.

Since you’re a newbie, long term trading should be a thing for you. You might not be able to do daily trading since it requires some time to study and know how it’s being done, and you might still study and don’t know how to do it.

So stay with long term for now and be reading market analysis and reliable news from sites like Cointelegraph, Coindesk and CCN. They can help you know when price is down to bottom and when selling has subsided so that you can know when to buy in and then hold till price goes back up.

deppil

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Quote from: MI6 on January 09, 2019, 10:40:24 PM

Quote from: deppil on January 09, 2019, 10:31:20 PM

Quote from: Johnyz on December 29, 2018, 06:31:28 AM

Quote from: darkr on December 29, 2018, 06:25:34 AM

Quote from: macstrong12 on December 22, 2018, 12:47:17 PM

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

Right, for some people who only know buy and hold when price get down, day trading is not good to d. Even if already experienced in trading activity sometime still hard to analyze coins daily and we know do that all thing daily will make us stressed.

Yeah because prices on the market are sometimes unpredictable, the strategy in trading is not just buying at a cheap price and selling at an expensive price, the strategy is more complex than that. trading is more difficult so you have to learn more and read more, if you don't have that skill then it's better to long trade

sedahan13

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This is depending on the times that you will spend for trading, if you have full times aday like 8 hours you can do day trading so you make bigger profit, but if you only can spend times 1 or 2 hours aday for the better doing swing trading and chooce good fundamental coins. But the most important thing in both trading is to have good risk management, dont forget to use stop loss and trailling stop because crypto market open 24/7 but we can not look in to the chart every times.

Vaculin

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Quote from: Aivaryamal on January 09, 2019, 10:21:30 PM

As a beginner, I recommend to set a goal to make a day of 3% profit and not to chase big profits at the beginning

A conservative way is good but 3% is already big if you have a decent amount for your capital in trading.
We are at the right place as a day trader because theres a lot of coins in the market and they are very volatile, no problem making that amount
but you need to be active in monitoring the market, what's important is to stay profitable all the time.

lenovop-70

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I would like to suggest daily trader for newbie like you my friend, because of many basic knowledge that will occur on a daily time frame, such as daily volume and daily cycle, these two things are fundamental to understand as traders, market movements are also more visible on the daily time frame.
Basically, to be able to do longtime frame trading, is a detailed observation of the daily timeframe.
Good luck!

MI6

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Quote from: deppil on January 09, 2019, 10:31:20 PM

Quote from: Johnyz on December 29, 2018, 06:31:28 AM

Quote from: darkr on December 29, 2018, 06:25:34 AM

Quote from: macstrong12 on December 22, 2018, 12:47:17 PM

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

Right, for some people who only know buy and hold when price get down, day trading is not good to d. Even if already experienced in trading activity sometime still hard to analyze coins daily and we know do that all thing daily will make us stressed.

deppil

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Quote from: Johnyz on December 29, 2018, 06:31:28 AM

Quote from: darkr on December 29, 2018, 06:25:34 AM

Quote from: macstrong12 on December 22, 2018, 12:47:17 PM

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

Yeah considering day trading is not about your luck, but your intelligence in analyzing the market, you have to understand first about reading strategies, the ins and outs of coins youwill buy and so on, enrich yourself with knowledge, and after that you can do daytrades, but if you don't want to do that, just use a long trade

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As a beginner, I recommend to set a goal to make a day of 3% profit and not to chase big profits at the beginning

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Quote from: darkr on December 29, 2018, 06:25:34 AM

Quote from: macstrong12 on December 22, 2018, 12:47:17 PM

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Day trading can be very profitable but the amount of people that can make a living out of it is extremely limited, in order to be a successful day trader you will need to execute your strategy perfectly because the smallest mistake could make you lose money that will take you many trades to recover and if you make those mistakes often enough you will not recover.

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that will be so stressful if you do it daily. imagine the concentration you will need to check the market? I agree with one of the comments here, a big percentage of daily users have been found to have made bad decisions.

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Quote from: kakonhat on December 27, 2018, 06:23:45 AM

Quote from: Bushrat Jahan on October 09, 2018, 01:36:19 PM

I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.

Depending on your knowledge you must choose long-term trading because daily trading needs very strong knowledge and experience. So, if you don't want to lose your funds don't try day trading it will be very risky.

By daytrading he will learn better even if he might lose money , I suggest you trade with small amounts at first till you get the gist and then start trading with your real money . Long term holding will just make you passive and you won't be able to follow the market as much , in addition to potential greater losses . Day trading might lose you some money , but holding long term could completely wipe your funds . Look at those who were holding from 20k bitcoin to this day . Either way you are screwed if you are not actively trading.

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Quote from: darkr on December 29, 2018, 06:25:34 AM

Quote from: macstrong12 on December 22, 2018, 12:47:17 PM

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

Newbies should really hold while they are learning the whole market because if you don’t have enough knowledge and you do day trading, you will just lose money. Day trading and long trading are both profitable, this will just depend on the coin you have and the strategies that you will use, learn first before you trade to ensure that you can gain profit.

darkr

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Quote from: macstrong12 on December 22, 2018, 12:47:17 PM

If you are an advanced trader I suggest day trading , it could be much more profitable but riskier in the same time , Usually more profit comes with bigger risks , I'm not agree with holding , Holding is different from long trading .

Day trading is a very good business for the pals, which have been working with the cryptocurrencies for a pretty long time and who know the market very well. The newbie should better hold.

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Quote from: Bushrat Jahan on October 09, 2018, 01:36:19 PM

I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.

Depending on your knowledge you must choose long-term trading because daily trading needs very strong knowledge and experience. So, if you don't want to lose your funds don't try day trading it will be very risky.

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Quote from: D3m1r4wanti on December 27, 2018, 01:35:54 AM

Quote from: btcyoda on December 22, 2018, 01:42:48 PM

Trading not only require experience but we need to have enough luck in order to make a decent profit. Long-term trading will give you higher returns if you choose the right project for profits.

Your opinion is very reasonable indeed, I also think that analysis and experience are only a small part of the aspects of trade profits, luck is indeed the most important thing in trading.

yes I agree with your opinion trading is not about time or date it depends upon the value that increases and decreases at anytime so we can make a ready mind for that otherwise we cannot make the profit in stabilizer where will not happen for many people this will be the way to get more income from trading.

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Quote from: btcyoda on December 22, 2018, 01:42:48 PM

Trading not only require experience but we need to have enough luck in order to make a decent profit. Long-term trading will give you higher returns if you choose the right project for profits.

Your opinion is very reasonable indeed, I also think that analysis and experience are only a small part of the aspects of trade profits, luck is indeed the most important thing in trading.

Topic: Daily trade Vs long trade - page 14. (Read 38589 times)