Day trade is more a lucky thing or skill - page 3.

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 believe that to be able to trade on success is very difficult, requires you to have a lot of skills. You can see that bitcoin prices are constantly fluctuating and difficult to predict, so it is very difficult to successfully trade. You must analyze technical accuracy, always monitor bitcoin prices when dealing and combine with market psychology to be able to make the most accurate decisions.

Pasnik

sr. member

Activity: 649

Merit: 250

Quote from: ngocdhbk2 on August 07, 2018, 02:55:24 PM

Transactions are including lucky and skill, if you are lucky but not analyzed, you will fail and opposite, if you have analysis, but not lucky, that day must be an unfortunate day.

Above all you must be skilled person to do trading. Day trade requires a lot of time in trading skills and analyzation to win your day trade. Without knowledge you will not gains anything profit from day trade.

klasik1980

full member

Activity: 434

Merit: 103

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?

Every investor wants to make his/her fortune in stock markets. But, your dream will only come true depending on your own skills as well as luck. Your luck can help you to beat others in stock markets particularly for short term. However, in long term scenario, your skills will always outpace your luck depended performance.

Generally, roulette wheels & lotteries are known to sit on the luck side while swim & crew races are on the skill side. However, stock investment is known to reside in between the two extremes i.e. skill & luck. And, you can’t separate your skills from luck. You need to adopt a perfect balance between the them.

ngocdhbk2

full member

Activity: 404

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Transactions are including lucky and skill, if you are lucky but not analyzed, you will fail and opposite, if you have analysis, but not lucky, that day must be an unfortunate day.

Dimon8

jr. member

Activity: 420

Merit: 1

To day trading was successful you need to have certain skills and extensive trading experience. Luck is the smallest factor that affects the outcome of day trading.

gayan7788

jr. member

Activity: 190

Merit: 1

dat trading is not accepted me i loss all my money day trading be carefull

panjay

sr. member

Activity: 1079

Merit: 352

it's more skill who when the odds not with you, you set a stoplost. For a newbie, it's better to try it yourself and suit your own style, either day trading or just hodling.

hastag_80

member

Activity: 392

Merit: 11

The New Pharma-Centric Marketplace

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?

Will,the decision is depends on you of which you want to choose,if you stick with holding or playing day trade, because this two have an positive and negative impacts as being parts of your investment,and you needs to weighing this two of which you thinks is more safe and gain a good profit of your investment,if you choose hold then go on,and if you choose day trade then prove it.while in other hands day trade is base upon in the skill of a person and follow the basic analysis system.

yetiripper

full member

Activity: 250

Merit: 100

The Future Of Work

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 would agree with you then there is some kind of lock partly in day trading with cryptocurrency but mostly it consists from your professional skills trading, without any skill and knowledge you will become a gambler.

letsfly

member

Activity: 350

Merit: 10

I believe it is a skill that was able to learned for a long time. Adding experience and knowledge will make you successful in day trading. Luck is for those who doesnt research and just select a random coin to trade.

ClaraFowler44

newbie

Activity: 29

Merit: 0

Luck is important and everyone really needs it. If you are confident with your fluency analysis, luck may only be a fraction. If you rely solely on luck, you will probably lose a lot of money.

CharlieAdoring

newbie

Activity: 36

Merit: 0

We all know that the best way to earn the money using crypto-currencies is to collect as many coins as we can when its value is low and cashing them out when the value increases (hopefully). The best time to collect the crypto coins is at the very beginning stage of that project. Not just through air drops but in few other ways.

Robert12312

newbie

Activity: 112

Merit: 0

sometime technical chart analysis has no meaning, nothing impossible in this market, 1 bad news can make several billion $ can vaporizing in few minute.

Turst1974

newbie

Activity: 57

Merit: 0

Quote from: pungopete468 on August 03, 2018, 10:01:23 PM

Luck still exists, in addition to the knowledge that we really have to be able to make a profit in order to get maximum results. experience is also important when we want to trade in order to convince our decisions

Both skill and luck have their own importance, I do not think that we can ignore any of them. Although luck is an important factor of our life but it is also a fact that in trading we need to have good experience and skill which are in fact increasing the chances of making money in trading.

ashkanm

newbie

Activity: 238

Merit: 0

it mainly depends on what you are trading!.From my opinion the biggest part of day trade is about skill. You have to know which coins to choose and the right time to trade them. Of course luck is also a big part of day trading but you cannot make profit forever just with luck and eventually you will start losing money if you are fixed only on being lucky.
Holding and trading are different. There are different strategies for both of them same as the profit. I am unable to tell you what to choose it is more about what you choose to be.

Arroware

newbie

Activity: 272

Merit: 0

for us to trade things that are profitable and also good we get expertise in trading, by waiting for low prices so we can get and we sell at high prices, so we will also get more profits.

JessicaThomas58

newbie

Activity: 25

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 do not think that's luck. Day-Traders spend a lot of time in the day studying the fluctuations, and the agility and determination to execute the transaction. Of course, there should be good luck, but here, luck can occupy a small part.

richcorner100

full member

Activity: 616

Merit: 100

https://exip.live/

Day trading usually only use technical analysis to decide to buy and sell or to determine support and resistance area. And as we know technical analysis not really accurate in crypto trading, and from my experience is more accurate in stocks and forex trading. So to make profit in day trading so its better trade in that asset, and for the crypto asset, use it for swing trading.

Jay51

newbie

Activity: 112

Merit: 0

Sometimes we can say that day trade is a lucky thing. But for me in general, it is your skill that makes you successful in trading business. Lucky is just another term for a chance or wild guessing.

minhnguyenqh8395

newbie

Activity: 163

Merit: 0

In my opinion, lucky is the one part of one trader success. But experience is necessary. You should learn about trade, technical analys... to be a profesional trade.

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