Daily trade Vs long trade - page 5. | Bitcointalksearch.org

AliMan

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Quote from: Ashong Salonga on October 18, 2019, 08:52:33 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.

I am advicing you first to watch a lot of tutorial videos on youtube because it will be really helpful for a newbie like you to learn faster. And after you watch you can practice trading on a good exchange and try practicing day trade because it is one of the best source of income now.

To make it as good source of income, choose the best asset to hold by studying top performing coins in every exchange market. Relying on tutorials was only our guide but not a reliable source of knowledge. Making trading your serious responsibility is quite more effective, rather than pushing more serious targets, risking your money on unstable crypto assets.

Ashong Salonga

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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 am advicing you first to watch a lot of tutorial videos on youtube because it will be really helpful for a newbie like you to learn faster. And after you watch you can practice trading on a good exchange and try practicing day trade because it is one of the best source of income now.

pamsugas

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if you are new to trading you should choose investment only. because investment only needs to choose the 5 biggest coins at the moment and sell them 1-2 years. if you want to trade daily and do not understand I suggest you follow the telegram channel you can follow it here
@tradingcryptocoach
@wcsechannel

kolonel_x

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As a newbie, you should trade with small capital, you can learn well how to trade, starting from buying low and selling high, continue to analyze the movements of altcoin and know that team development sometimes also influences to altcoin, once you understand all of them you must be ready to trade in quantities big,
For daily or long term trading, it's up to you how to run it and do your own research, don't depend on others.

Apened

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The best answer for me is depending on one person time and capability to cope with the trades because we know that these two have both their own consequences and we need to know within ourselves what is the best thing and time for us to trade. Where if we are not that so patient in waiting trades we can do daily trade and if we have a good patience we can invest or do long term trade plans accordingly.

Pelunize12

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the important one is you must understand the market sentiment, because market sentiment will tell you wheter you should do daily or long term trading
this is meaning of market sentiment, source investopedia

Quote

Market sentiment refers to the overall attitude of investors toward a particular security or financial market. It is the feeling or tone of a market, or its crowd psychology, as revealed through the activity and price movement of the securities traded in that market. In broad terms, rising prices indicate bullish market sentiment, while falling prices indicate bearish market sentiment.

in a nutshell, if the market bullish, you should do long term. but if the market bearish, daily with a tigh stop loss is a must

barabarian1

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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.

if you really want to become a trader but you don't have enough knowledge about trading, in my opinion the first thing you have to do is learn little by little about trading knowledge. and I would advise beginners to do daily trading rather than long-term trading. with daily trading, you can see the market movements every day to look for profit. maybe over time you will understand about how to benefit from daily trading.

TrevorS

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If you want to quickly learn trading, then by far the shortest path will be the most difficult one. But you must be prepared for this. I would immediately try daily trading in your place.
For starters, you can only open long positions, and then, when you gain a little experience, try shorts. So that high risks do not put pressure on you, open a demo account or try to trade with a very small deposit.

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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.

Even though you are now an expert trader, I strongly recommend to do trading daily basis. Why is that? because when compared in terms of profit and risk, daily trading is more profitable and low risk than long-term trading. But if you don't have enough time to monitor the chart, it is highly recommended to do long-term trading (as an example buy at new all time low and hold till get profit). Good luck with your choice Wink

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Quote from: jazmuzika217 on October 12, 2019, 02:11:42 AM

As a newbie you need to try and perform daily trade with small capital only to make you familiarized about the trading flow. Because it is hard to invest in long term trading if you only invest a small amount because you are not knowledgable yet. And if you already learn using daily trade you can now proceed in long term trade and raised more capital.

There is so much to learn in trading. you need to have sound knowledge about coins such as which altcoins are there for generating nice profit in day trading and which one are there for long term trading. There are only few altcoins that are capable of pairing up with bitcoin for producing nice profit in long term trading or holding. Whatever you want to do in market, do it with proper information.

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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.

basically daily trading and long-term trading both have their respective advantages. I myself hold more than one type of coin available. I prefer to trade daily for altcoin, and for the top 10 coins I trade long term. why is that, because in my opinion altcoin is very risky if stored for a long time. if you feel you are still a beginner and want to trade and learn to become a trader, in my opinion you better hold more than one type of coin available and choose to do daily trading. with daily trading you will always monitor market developments, so you can trade and also learn.

hahay

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Making a separate capital would be better to do both but still to make wise choices for yourself, because after all you are the one who will control your own finances with a plan that is owned, beginner or not it is just a theory because in trading you only need to be patient after making a purchase to be able to sell it at a higher price.

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Quote from: bassbity on October 07, 2019, 11:29:06 PM

Quote from: pinggoki on October 05, 2019, 11:12:03 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.

Daily trade or long trade, for me I prefer daily trade because in daily trade you will trading everyday and you can watch the real flow of money or the currency in which you will be updated in everytime you will trade. I prefer this than long trade because in daily you can earn daily than waiting for a long time.

True, I like trading daily because profits can be earned every day, some people even suggest trading in the long term in my opinion it is not a good way, for now many daily traders are appealed for the long term.

Daily trade is only for the risk taker and who guys are experienced in trade it’s my own opinion. You said that easily from daily trade you will be earn money in every day but it’s very difficult when you will do it really because i think you don't know how much efforts need for it because you have to a lot of times spend in daily. Long term is more safe trading but not always. Actually which trade is good it’s depend on your experience and your dedication than how much time you will capable to sepnd in every single day.

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For me, Long trading I mean long term trade practice would bring you a sound profit if you have at least some capacity to maintain it, I suggest you to keep studying a lot about the market, At first, You have to know which coin is suitable to you and should know every detail of the top coin in trading market, I know it's easy to say but it's not easy to make profit from trading, But I know a lot of people who made a huge profit from trading, It will not come in a day, you have to be passionate and patient, you must control your emotion and greedy for money. you have to allocate your time properly for this trading purpose I think it will not so difficult for you in order to make a profit from long term trading.

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Quote from: nasipadang on October 12, 2019, 07:53:36 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.

To quickly understand I suggest to choose daily trade, in daily trade you are required to take all the information every day, analysis and strategy as well, then you will be forced to take decisions at any time. That way you will be familiar with market conditions, losses or profits. If you feel that you are experiencing continuous losses, I suggest switching for a moment to a longterm trade.

It's not really recommended for a newbie, it's too advanced and complex to be a start in Trading. Starting with the basics is more fitted for OP, you don't need to trade so early if you don't understand all the basics information you need to know before proceeding to the next level, it's about taking one step at a time and not jumping into one another, skipping parts might give you a headache in the long run.

There's no need to rush things up if you really want to be a person who earns a decent amount of fiat in Trading.

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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.

It depends on how much time can you spend in crypto trading. Since you are new in trading learn about the basics of trading, it's risk, and all the info that will help you in your journey. Try which would best fit and more convenient and will be profitable for you, it all varies from trader to trader, your skill and knowledge, experience and the time you can devote in trading.

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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.

In my own opinion, day trading is more riskier than long trading, but it makes you earn quickly and you don't need hold your coins in a long period of time. Doing day trading is a risk for people who don't have enough amount of money because you will get empty handed, but if you are an expert trader you don't have any problems even you are empty handed because you can control your emotions that you don't feel any pressure and you only focus on your goals and strategies.

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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.

To quickly understand I suggest to choose daily trade, in daily trade you are required to take all the information every day, analysis and strategy as well, then you will be forced to take decisions at any time. That way you will be familiar with market conditions, losses or profits. If you feel that you are experiencing continuous losses, I suggest switching for a moment to a longterm trade.

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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.

before I choose which is the best between daily trading or long term trading. I assert that all traders start from zero, I am sure all traders initially do not have adequate knowledge about trading knowledge. but they must always learn on their way to success.
in my opinion, daily trading is the right choice for a beginner like you. by doing daily trading, you are required to see market developments every day if you want to get profit. thus you indirectly have learned to see market developments every day. by seeing the market development every day, I'm sure you will be able to have your own strategy or analysis to look for profits in trading crypto. start to do daily trading with little capital and don't just stick to one type of coin, if you are still a beginner. always optimistic friend, and do not be easily discouraged if one day fails.

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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.

It's recommended for you to start at long term trading since it's less complicated, you have more time to think, and you'll be able to manage the risk very well using that type of trading. Day trade is recommended for experienced trader since it needs proper execution, and quick analysis also otherwise you'll not be able to play along with whales.

Topic: Daily trade Vs long trade - page 5. (Read 38589 times)