Day trade is more a lucky thing or skill - page 25.

htconem7

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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 firmly believe that with a market that is constantly volatile and difficult to play today, it is possible for a successful trading to happen, you can see that bitcoin prices are fluctuating. Continuous and unpredictable, this has greatly affected the price of altcoin. So I think you should wait for the market to stabilize more to trade.

bncbnc

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Quote from: canadinhano on June 06, 2018, 08:49:01 AM

Quote from: gunungkembar on June 06, 2018, 12:55:18 AM

it seems like daily trading is more skilful than just a lucky factor because with good skill you can determine the right time to buy and sell and it will be very easy if you have a lot of capital.

In my opinion, good skill requirements are a part but luckily, if the market keeps falling the daily trading will fail 100% definitely. There is no way to change that, depending on the time that you decide to invest day or hold on for a long time, depending on your personal opinion.

Luck is always there in every field of life, but still we have to work hard, day trading is somehow depending on our luck but still you need to have good experience in day trading and must also have some good day trading skill, which can also effect your gambling performance too much. So i think that both are importance to for day trading.

legendbtc

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Leading Crypto Sports Betting & Casino Platform

Depends on the situation and planning we have designed because most of the people failed to make profits through day trading because of sudden increase in the price and sudden drops in the price. So as a trader, we have to be very careful when dealing with the day trading.

heninur

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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?

being a daily trader certainly takes time to focus on the trade, as you need to monitor market price developments every day, if you miss information then you will not benefit.
if you feel you do not have time to play with graphics, then I suggest you do not do daily trading, because you will more often experience losses.
in trade, what is needed is a focus not a skill, even though it all returns to our luck.

bennie4

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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 believe you can not rely on luck to be able to hope for successful trading, you can see that the market in recent days is constantly fluctuating and very difficult to guess, so to be able to trade successfully is very difficult. You can see that the wall is constantly moving so you need to analyze accurately and always follow the bitcoin price changes to handle every situation.

Activitycoin

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Quote from: valheru on June 04, 2018, 09:15:55 PM

Quote from: Papaczed on June 04, 2018, 06:24:39 PM

Quote from: hahahafr on June 04, 2018, 02:27:00 AM

I agree with this anyway, daytrading is very risky, but profitable.
If you do not know how to trade, just do not try to trade because you are going to lose a lot of money at the end.

For me day trading is really need skills because if you dont have skills in trading i am sure that you will lose a huge amount of money, and day trading is not an easy job so i believe that it requires a good skills in trading to be successful.

40% of day trading is technical knowledge, the other 60% is luck factor.

Well it think day trading can be done well with the combination of both but of curse skills has vital role in making profit high, if you will rely on your luck entirely the your cannot be good at profit making and if you have no nice luck even then you cannot earn good amount of profit, actually luck helps you to make profit but your skills tells you when to buy and when to trade, you will better know what you should do at time of crises in trading as all kind of situations we face but a skillful person can only know how to take advantage of each.

SkustaClee

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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?

There are a lot of benefits that you can get by improving your skills, I prefer to you to read different posts in this forum for you to easily improve your skills that you can use in order to grow your investment.

WilliamBratsky

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Luck is a small factor in trading but it can make a huge change in some situation. However, in day trade, I believe that skills are the most important things you need to have. If you do not have skill or experience, do not ever make a day trade. It can destroy your balance less than a month. Without any skills or experience, day trade will become the same as gambling. And you know, people are addicted to gambling although they always lose their money. If you also consider that most swing trades are done by AI today it is not really worth it IMO.

GeniusAko

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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?

It is a skill, daily trading is not easy job because of the volatility of the cryptocurrencies. Daily traders should have technical analysis skills for them to easily predict the price of the coins.

otundebis

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Skill is the number one reason why you make profit in the cryptocurrency market! You must be pretty smart to trade, position your trade and decide the trend and speculate accordingly. A bit of luck do play out as well!

canadinhano

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Quote from: gunungkembar on June 06, 2018, 12:55:18 AM

it seems like daily trading is more skilful than just a lucky factor because with good skill you can determine the right time to buy and sell and it will be very easy if you have a lot of capital.

In my opinion, good skill requirements are a part but luckily, if the market keeps falling the daily trading will fail 100% definitely. There is no way to change that, depending on the time that you decide to invest day or hold on for a long time, depending on your personal opinion.

shirackjs

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IMO, you need to be skillful to be successful in crypto day trading. Luck might play a part but it is not good to depend on luck. It is more like gambling if you depend on luck for trading.

shelimy

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I believe day trading needs both luck as well skills to make good earning. There are people who invested their hard earnings into low valued altcoins and profited big in a short time.

sabarr

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I think both are very in need because we also need luck to be able to gain profit in trading although the actual skills and knowledge about trading is more important so we know what to do in trading

gunungkembar

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it seems like daily trading is more skilful than just a lucky factor because with good skill you can determine the right time to buy and sell and it will be very easy if you have a lot of capital.

korong ajem

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luck only comes a few times in life, so I think day trading need good skill to observe the market, a good trader is he who learn from his mistake and fix it, if you keep doing this then you can do day trading well

imking

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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?

It is a great combination of lucky and skill to know to guide your luckiest even while you are waiting for the right time to sell your coins. I only say on the trading both lucky, and skill is needed to do the trading successfully. It same on work hard and work wise. Do you think you will succeed on the trading without a smarter move? Do think you will succeed without the lucky things.

deppil

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Quote from: BITDV on June 05, 2018, 07:17:13 PM

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?

If you re not sure have time to analyze chart, latest news, and predict future news it's better to leave trade. in my opinion daily trade is more lucky thing, a bit of skill. It also depend how you trade. I recommend you to trade/hold in higher time frame

I think luck is influential but not important as big as your skills in analysis. you know that crypto fluctuations are so fast in every day you should to have strategies and abilities for chart analysis and so on. this is not just about luck. if you want to play with luck you can try binary

ahtsham90

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if you have proper its thena skilled thing if you dont have proper knowledge and doing its then you luck. Day trading is too hard to judge the market and working on small candle sticks wont gice you confirmation of buy and sell.

slashz9

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depending on how actively you analyze the market, it is true luck is one that determines trading but not all, of course technical and fundamental analysis is needed.
whether it can be called good luck if someone trades for 8 times / day, of course not.

Topic: Day trade is more a lucky thing or skill - page 25. (Read 2938 times)