Day trade is more a lucky thing or skill - page 16.

aishyoo17

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Activity: 490

Merit: 250

Quote from: tamarindbleu on July 01, 2018, 06:54:43 AM

Quote from: brawdias on April 18, 2018, 12:17:12 PM

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

I bet it is just pure luck, if that thing even exist, because day trade is too risky to be done. And also, it is not so profitable, you will not use the money enough because its too little. So i suggest, we should just hold bitcoin, for a longer time because it will just help us more than we thought it could be.

Trading is not based on luck dude! It is a skill and if you will give it time to master it then you will be successful in this field. Those who are holding are more of a investor and not a trader. And they prefer that way because they know they don't have the skill and they don't have the time to learn it because it will really take time to fully understand it and you have to constantly study it.

Bosx1ne

full member

Activity: 540

Merit: 100

Day trading is not a luck, it is more on skills. You can grow your money if you do not have technical analysis skills. You should know how to analyze the graph for you to find out when is the right time to buy and sell cryptocurrencies.

candy69

member

Activity: 392

Merit: 12

It is true that in day trading luck is very important, but you have to have some technical skill which is an added advantage. You can't entirely rely on luck.

malikusama

copper member

Activity: 1050

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Trading is a skill whether it is long term or day trading. Day trading needs more concentration, dedication and experience as compared to long term.
To call it just luck is to discredit the abilities of traders.

justapache

newbie

Activity: 27

Merit: 0

I don't think it's a lucky thing , it's all about your skills, your predictions.

tamarindbleu

full member

Activity: 392

Merit: 100

Quote from: brawdias on April 18, 2018, 12:17:12 PM

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

I bet it is just pure luck, if that thing even exist, because day trade is too risky to be done. And also, it is not so profitable, you will not use the money enough because its too little. So i suggest, we should just hold bitcoin, for a longer time because it will just help us more than we thought it could be.

llvroyxd

newbie

Activity: 168

Merit: 0

Quote from: brawdias on April 18, 2018, 12:17:12 PM

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

I think skills with a little bit luck. Why there's a luck?because you need to make a decision everyday and not all decision are good sometimes you fail. make your skills as strong foundation in day trading like you think independently, alertness and decisivness during under pressure and with luck you will profit.

Lazada

sr. member

Activity: 686

Merit: 250

Doing day trading is in dire need of a skill, but skill will not always be sure to gain success when trading.
For me that luck will be enough to play an important role in our success when trading.
The combination of luck and skill will be very influential in determining what we will get.

So do not ever consider one of them is not important, because without one of them then we can not achieve what we dream when trading.

1camtron

newbie

Activity: 22

Merit: 1

Quote from: tina87 on July 01, 2018, 12:28:45 AM

Intraday trading can and will bring income, but only in the case of unconditional compliance with trade discipline, the competent drawing up of an action plan and the removal of all emotions.
So you got to have some skills exactly

Day trading or Week trading can bring some income but they could bring back the loss also with it . Nobody can tell exactly what will happen next but the only thing that we can make sure is only the discipline people will be more success than others like you mention.

cryptojaani

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Activity: 252

Merit: 71

Quote from: bncbnc on June 30, 2018, 06:51:25 PM

Quote from: boy130 on June 30, 2018, 05:16:29 PM

Day trading I would say is not as beneficial. It is somewhat high risk and there is potential that you won’t even make any profit that day. I believe long term trading is more beneficial and you should investigate it! There is definitely potential to make money, but you need to keep your wits about you, as it can easily flip to the red within minutes.

Why not it is beneficial but it depend on your experience, if you have some experience in day trading then no doubt that you can make a good money from day trading, in fact most of the people do not become succeeded in day trading because they do not have any experience there and they start day trading without having any experience totally depending on their luck.

In trading most of people thinks like this that it is all about luck and knowledge if you will have to fine knowledge about trading I am sure you will earn more than anything, trading is a place where people can earn using skills and knowledge, so holding with patience, buy at low and trade at high will increase your profit even more than this, so the bigger you will plane the bigger you will earn from it.

tina87

newbie

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Intraday trading can and will bring income, but only in the case of unconditional compliance with trade discipline, the competent drawing up of an action plan and the removal of all emotions.
So you got to have some skills exactly

Slatish

newbie

Activity: 4

Merit: 0

You might get lucky once in a while, but skill helps you stay in the game in the long run

AnCapFree

member

Activity: 154

Merit: 10

I cant deny that luck is an important factor in investment. But if you say that it is more important than skill, I dont think so. You can get luck once or twice but you cant get in all. Let's prepare knowledge and skill as much as possible before investing or trading

memyselfandi

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Activity: 573

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Futurov

It is not a lucky thing, obviously it is a skill because you are making a decision what coin to buy and invest. So you are using your brain, strategies and other capabilities that is why it is a skill of a person.

Aivaryamal

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Activity: 1162

Merit: 101

Who has good information data and technical analysis, he can do every day for a few percent of profit per day, and this requires proven sources, such can be a platform Trade.io Cool

Azima85

newbie

Activity: 97

Merit: 0

Quote from: brawdias on April 18, 2018, 12:17:12 PM

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

Of course, it's a skill, but a skill that can be learned. But, the difficult part is not to learn. The actual difficult part is to control emotions while trading, and dedicate hours and hours to learn and to get better, and again discipline and controlling emotions, I can't stress this enough. After all this, you would still also lose some trades, but the winning ones will probably outnumber the losing ones in a big way so that you be in profit overall.

jaocoincrypto18

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Activity: 630

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Quote from: brawdias on April 18, 2018, 12:17:12 PM

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

I think we should have them both because for me even how expert and how skilled you are but if you don't have the luck to have the perfect timing of rise or fall of the market price then the possibilty of a huge earnings would be less then we can't just rely on luck if we don't have the skills on how day trading will perfectly to work too and being lucky would not happen everyday. Day trading is time consuming activity therefore it will favor those people that don't have stable jobs or they have plenty of free time.

iMark

sr. member

Activity: 1162

Merit: 251

Quote from: whaawh on June 30, 2018, 03:20:11 PM

Quote from: Dikpora77 on June 30, 2018, 07:24:26 AM

Quote from: brawdias on April 18, 2018, 12:17:12 PM

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

both of them is very important in trading cryptocurrency. The skill and the lucky day is very useful for every one who like trading cryptocurrency. With skill we can more understand about the trade, and the lucky is a wish for everyone who like trading in cryptocurrency because they hope can get many profit from the trading.

get a good profit from trading immediately, it's like a fantasy. In any case, trade only seems easy at first glance, but practical shows the same results as gambling.

You're right luck and skill is very important in the results in the trade, but the role of luck is not as important as skill,
you can not call that profit result purely by luck? it will be the same as gambling, trading takes everything, including skill and luck

logan16j

member

Activity: 252

Merit: 10

Quote from: brawdias on April 18, 2018, 12:17:12 PM

I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?

I think short-term trading is not easy at all and with a market that is constantly fluctuating and difficult to trade today, the more successful trading becomes harder so you do not. Can rely on luck when the transaction is. You need to have a lot of analysis skills combined with market information to make the most accurate trading plan.

SkvorNyc777

member

Activity: 308

Merit: 10

Swipe!

I'm sure that it is really about luck. Just look - someones losses become someones gains, and vice versa. That's just about it.

Topic: Day trade is more a lucky thing or skill - page 16. (Read 2938 times)