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Topic: Daily trading experience - page 8. (Read 3494 times)

MRY
full member
Activity: 560
Merit: 109
October 06, 2018, 06:13:15 AM
I think, if we have good knowledge about crypto and trading then we can get profit and succeed at daily trading because to be able to get profit then we also have to be able to choose coins that have the opportunity to be able to make profit
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 06, 2018, 04:22:53 AM
It's Ok to take some profit now daily because lots of altcoins and tokens ico getting drop's its price even the project looks good but im buying only coins in a low price and start to hold it for a long term
You are contradicting your own statement. How can you make profit when the price of the coin is going down? And how does that add up to buying more coins to at the dip? Buying them is a strategic move for future and not an immediate profit.

although very little profit is not an important problem there are still advantages because many people lose their money and lose when the market is unstable like this
Those who day trade regularly put in a large volume of coins to trade. Its not like the 100$ in a month like the hobby traders. They do analysis and keep on making new orders according to the style they play with. So end of the day the "small profits" end up into large ones. It might seem as though they are losing money but they are actually fooling you.
newbie
Activity: 82
Merit: 0
October 04, 2018, 06:40:34 PM
In my opinion take profit 1-3% is too small,  and what about stop loss how many percentace that use it?  I think minimum take profit in crypto trading is 7% and stop loss 4%. There are alot trading signal and trading group and before decide to follow their signal is better make analysis again to know that signal will be work ot not.

Stop Loss at 1.2%, gains at 1-3%. Those percents are not small, it depends on your stack. Then you reinvest at least 70% of your gains and with compound interest you'll increase your stack enormously!
member
Activity: 280
Merit: 10
October 03, 2018, 10:33:29 PM
Not a daytrader, but if you're trying to time a dip or massive bull run, "if it's too good to be true, it probably is" and/or "it's never as good or as bad as it seems". The top and bottom of fast bear/bull runs is usually close to getting that feeling of, "okay, this price is just STUPID now."
full member
Activity: 924
Merit: 100
October 03, 2018, 10:10:43 PM
although very little profit is not an important problem there are still advantages because many people lose their money and lose when the market is unstable like this
member
Activity: 476
Merit: 10
October 03, 2018, 09:32:39 PM
In my opinion take profit 1-3% is too small,  and what about stop loss how many percentace that use it?  I think minimum take profit in crypto trading is 7% and stop loss 4%. There are alot trading signal and trading group and before decide to follow their signal is better make analysis again to know that signal will be work ot not.
jr. member
Activity: 79
Merit: 1
October 03, 2018, 07:29:15 PM
It's Ok to take some profit now daily because lots of altcoins and tokens ico getting drop's its price even the project looks good but im buying only coins in a low price and start to hold it for a long term
sr. member
Activity: 1400
Merit: 259
October 03, 2018, 04:03:33 PM
The good thing when you are introducing a new website, interacting with the community is an effective way to get you rich in trading experience.

I will take that as a good sign. But it could also be the other way around. Just something for you to bite and then at the end you are the victim.
Although you are getting new ways to trade or updates about tokens, this may lead to more loss when you are taking the risk to buy it whenever they say it.

My daily trading experience using a lot of capital, if I have a lot of capital I will make a profit by trading daily, trading daily I like very much and I often use daily trading

Trading daily and daily trading? What is the difference?  Grin
jr. member
Activity: 126
Merit: 1
October 03, 2018, 03:46:10 PM
My daily trading experience using a lot of capital, if I have a lot of capital I will make a profit by trading daily, trading daily I like very much and I often use daily trading
sr. member
Activity: 536
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 03, 2018, 03:23:11 PM
The good thing when you are introducing a new website, interacting with the community is an effective way to get you rich in trading experience.

Good to know if everybody will be rich with our trading experiences although we didn't have actually the best market right now. Our skills will be useless when the market doesn't behave to best of our expectations like what last year was. Being feed up by your crypto holdings community can be impressive, but I am not confident it will help the current market because the demand was always based on how bitcoin also increase it's profitable value.
legendary
Activity: 2212
Merit: 1008
October 03, 2018, 03:10:53 PM
I found out that i'm mostly trend trader. Day trading, swing trading are too stressful and complicated. Complicated as in it takes a lot of time and in most cases, it's not worth stress.

Day trading is mostly for those people, who have got some experience in the cryptocurrencies world. The newbie might make a mistake in this business very fast. The beginners should better deal with the long-term trading.
full member
Activity: 265
Merit: 100
October 03, 2018, 12:23:39 PM
The good thing when you are introducing a new website, interacting with the community is an effective way to get you rich in trading experience.
hero member
Activity: 1204
Merit: 500
October 03, 2018, 12:11:45 PM
I have experience with daily trading that is not good because maybe I do not know how to trade properly and I may also still not be able to control my patience stuck at a very expensive price because of too greedy influence by utilizing existing price movements.
well sometimes so many people who want to make profits every day by trading, but of course the risk will also be very large. Well, trading is really profitable, but if you do it every day, I think it's very difficult. even in the long run it will feel so difficult.
full member
Activity: 364
Merit: 100
October 03, 2018, 11:55:53 AM
I have experience with daily trading that is not good because maybe I do not know how to trade properly and I may also still not be able to control my patience stuck at a very expensive price because of too greedy influence by utilizing existing price movements.
full member
Activity: 784
Merit: 123
October 03, 2018, 10:24:08 AM
Daily trading is really a good investment strategy.and it is great thing to help many people to have a huge income.If you have the daily trading in my concept no doubt you will be fruitful in the posterior.but you will choose daily trading i think better check before.
Gonna much exciting to do trading before but in today's volatility structure, its getting hard to earn huge profit everyday. You've been lucky enough if you have 1-2%  profit a day cause more traders have ended with losses everyday. Frequent price drop will be the problem now for traders and also unpredictable market we have now..
copper member
Activity: 238
Merit: 0
October 03, 2018, 08:43:16 AM
Daily trading is really a good investment strategy.and it is great thing to help many people to have a huge income.If you have the daily trading in my concept no doubt you will be fruitful in the posterior.but you will choose daily trading i think better check before.
jr. member
Activity: 118
Merit: 5
October 03, 2018, 07:52:14 AM
Thank you for the information! However, I think it is better not relying too much on that before making investment. It is essential to do your own research first!
full member
Activity: 490
Merit: 100
October 03, 2018, 07:35:11 AM
I think as a beginner must keep the emotions in practicing trading because they need to observe a movement of the majority of altcoins in order to open up opportunities in achieving success and surely losses can be anticipated with a capital of patience.
newbie
Activity: 76
Merit: 0
October 03, 2018, 06:49:36 AM
Hey everybody I want to share my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading.
I will suggest you first start with small trades until you become more knowledgeable and calm.
The key to being successful in trading is by removing greediness out from yourself and having patience. Never be greedy, always withdraw when you feel like it’s the right time to do so, don’t waste time out of greediness to earn huge money cause you might just end up losing everything that you have achieved so far.

And you also got to start little, before you know it, you’re already earning big. You don’t jump one and start counting from hundred, you must always start from one.
newbie
Activity: 36
Merit: 0
October 03, 2018, 06:06:21 AM
Thank you for your recommendation, since I am not that adept in trading yet, I've
been searching for some great channels to help me in my trades. Will check this out!
We are new, should learn frequently, and should not blame anything, I'm just like you are new to this market and are now also involved in signature campaigns.
If you have trading experience then you will proceed for further success in it and may be able to diversify into many coins so that you will be having more trading sources and the outcome will be better. On the other hand if you have only one trading source then it may result in loss if you make some mistake but this will recover your loss if you have trading with multiple sources.
Diversion into many trading sources is good option but not the better for every one cause a newbie in crypto currency trading will definitely loose his fund if have many trading sources cause it yet to know how to handle a coin. Therefore, the things is newbie should try bitcoin trading first or use bit trading if want to have many trading source.
Trying bitcoin is a good trading experience for beginners, but you have to run with a small amount and also have to always focus on daily trading, because it will be used as a good experience and certainly if you have daily trading experience will give you big profits.
It is indeed a very good trading experience for beginners and there is certainly no doubt about that, but at the same time, it could be a bad experience for some since they do not get to do the needful before entering the trading world. The essence of trading is to make profit off what you are doing and there is no way you can make such profit without at least knowing what you are doing, and as long as you are good at what you do, that is what makes the experience exciting.
Yeah you are fight bitcoin is no doubt good experience for beginners but also very risky because of the huge volatility in the price. If you have the ability to trade affectively on daily basis, no doubt you will be successful in the future but if you do not have any experience then leave it and just hold your coins for some time. Time will give you profit in the future.
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