It is skill. Mainly a better understanding about the behaviors of the charts and emotion control will give you very nice results. You also need a little bit of luck. But if you only believe in luck then it is not trading. It is just gambling.
Topic: Day trade is more a lucky thing or skill - page 18. (Read 2938 times)
It’s not about luck that matters in trading but your behavior in analyzing the stock market. If you make a right move, nobody can stop you making money.
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 it is more on lucky, or maybe that day trader have good analyzer or informan that can tell him what coin to get pumped daily. because in 1 day it is hard to pick 1/2 from all kind of coins and token in a market 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 day trading can be profitable because our skills monitor the market every day, daily trading is more profitable but should be monitored every day.
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?
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?
There is no lucky thing in trading because the concept of marketing is based on a skill and logic, every traders who cannot handle their temper will obviously fail in trading so i believe that most successful traders are well knowledgeable about the market.
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?
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?
Any trade requires first of all skills and then a little luck. Without skills and understanding of this sphere one can not receive a constant profit.
it seems like daily trading does require a very good skill to be able to see the right time to buy and sell coins and more should have the expertise to control your patience because without skill is difficult to make a profit.
day trade need lot of skill and luck in another end at current times even day trade wont work due to instability of market conditions
To be engaged in trading it is not necessary to sit all day in front of the monitor and watch the charts. This activity can be done 3 hours a day. If you like to do this, then trade and do not quit.
If you want to learn what trade is, you should investigate, learn. After learning the entrance, you should apply them to chart. As time goes on you will know more and then you will find the way to earn money whether you are long-term or short-term. You will not need a luck anymore.
If you daytrade using a lot of money then you don't need much of the luck because with just a right discipline, a small increase in price is enough for your profits and just repeat for more abundancy. But if you only have little money then you just don't need skill but also luck and I mean good luck.
Luck is important in every field of life, either you play gambling, an investor or a trader, you need to have a good luck, but additional you also need to have good experience, skill and knowledge, either you are a day trader or a long term investor. I think that skills in long day trading is too much important without having good experience and skill it is more risky to do trading.
Trading without any skills is the same as gambling and risking to lose too much of your investments so you have to be prepared and be able to analyze charts of different coins in order to know when it is the best time to sell.
If you daytrade using a lot of money then you don't need much of the luck because with just a right discipline, a small increase in price is enough for your profits and just repeat for more abundancy. But if you only have little money then you just don't need skill but also luck and I mean good luck.
Yeah and you need a good market. When everything is in red you don't really have much room to make profit.
I think this is purely a skill. If you rely on luck to trade then I think you will fail. If you train good skills you will earn a lot of money thanks to day trading.
If you daytrade using a lot of money then you don't need much of the luck because with just a right discipline, a small increase in price is enough for your profits and just repeat for more abundancy. But if you only have little money then you just don't need skill but also luck and I mean good luck.
in daily trading you can earn only if the market will remain stable because if the market moves unexpectedly than you have a minimum chance of getting in the hope because unexpected moves can make you a loss because with trading sometimes you earn well
What's your take on skill? Skill is about doing a particular thing over time and mastering it in a way. How ever, both skill and luck play vital role in Crypto trading success. They may be skilled at it because they have been doing what they do over a period of time and can predict or make speculation of what will work and what will not. And often, their speculation goes right. So go for skill, pray for luck.
I think you need both of them to become successful in trading.In my opinion you need 90% skill and 10% luck.You can develop your skill from tradingview website.Tradingview is very resourceful website for learning about trading and technical analysis.And the most important thing for a day trader is to know when to take profit.
There is nothing about luck in day trading because it is not gambling. Day trading totally depends upon experience, skills and knowledge about the currency and upcoming market situation. Day trading is the best way to make money from crypto because holding needs a long time and is not guaranteed for big profits, while good trading is doubtless in profits.
research, TA skills, emotions and a bit of luck. Always create a plan to enter and trade and exit it
I think you need both of them to become successful in trading.In my opinion you need 90% skill and 10% luck.You can develop your skill from tradingview website.Tradingview is very resourceful website for learning about trading and technical analysis.And the most important thing for a day trader is to know when to take profit.
There is nothing about luck in day trading because it is not gambling. Day trading totally depends upon experience, skills and knowledge about the currency and upcoming market situation. Day trading is the best way to make money from crypto because holding needs a long time and is not guaranteed for big profits, while good trading is doubtless in profits.Jump to: