Topic: Day trade is more a lucky thing or skill - page 30. (Read 2938 times)
I think being day by day trader is difficult and you need to be aware in market status also you should have big investment when you're an day trader to gained huge profit but you can't depend on luck good analyze is must.
I think sometimes you earn well simply but I think in daily trading you can earn only if the market will remain stable because if market move unexpectedly than you have minimum chances to earn with expectations because unexpected movement may put you into loss,
Luck is absolutely not the thing you should consider. It is not a common thing, it is not stable, so just try to learn how to trade better
I believe that luck has some kind of role in that, but the professional trader should never relly completely on luck alone
I was told many times day trading in crypto is gambling. Successful day traders in stock or fiat markets having winning-to-losing trade ratios of over 70% but not in crypto world.
There is nothing in crypto market resembles with gambling in any context. Day trading is not a gambling at all, it is the toughest type of trading always and you need to sit in front of your laptop all day long, observing the fluctuations in the prices of coins in order to make a deal at the right time. Most of the people do it without any good knowledge and then end up associating it with gambling to justify their loss. 
I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.
It is the skill, but you cannot do it without the knowledge that gives these skills that further help you get the bigger profit. A tip to make more money and not lose: deal with many altcoins.
Skill first then luck comes in second or just a bonus. Some traders are already satisfied with a 100k sats of profit because they know that it's just a swing trade but whenever they're lucky they can get as almost BTC.05 a day.
Day trading is an act and can be learnt. Though luck play part in the selection of coin to trade but if you learn and become skilful,you will succeed.
You should always keep this thing in mind that there is no luck. Luck is just a form of randomness and you can never rely on this probability theory of life. Besides, skills does matter and you need to build your skills and experience pile by pile to keep going in the market. The hold decision does work and not selling your coins in the red market is a good decision which pays off in the end and people call it luck. Day trade is really better if market capalization is good.But when market going down all coin rate decrease.But it's learning good about trade.day trade really keep increase your skill.A skillful trader get a good profits daily with day trade.If you want to earn money form day trade you must have good skill about trade.
Both is required I think. Without luck, you can be skillful but you can't be successful in the market. Without skill, you can't make correct orders. You lose your capital. And we can result in that we need both of them.
Day trade is really better if market capalization is good.But when market going down all coin rate decrease.But it's learning good about trade.day trade really keep increase your skill.A skillful trader get a good profits daily with day trade.If you want to earn money form day trade you must have good skill about trade.
Both is required I think. Without luck, you can be skillful but you can't be successful in the market. Without skill, you can't make correct orders. You lose your capital. And we can result in that we need both of them.
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?
Skill. As a trader, you won't be able to do daily trading without enough knowledge and wisdom about it. If you love what you are doing , then you must be eager to know more about the basics of it. In daily trading, you can't just rely on luck but you have to work for it. You need to gain knowledge about it.
Day trade is really better if market capalization is good.But when market going down all coin rate decrease.But it's learning good about trade.day trade really keep increase your skill.A skillful trader get a good profits daily with day trade.If you want to earn money form day trade you must have good skill about trade.
In trading you can't say that you are lucky its more like of a skill if you don't have the skill then you will lose all the time. If you know what you are doing then making profit has a bigger chance.
Day trading is an act and can be learnt. Though luck play part in the selection of coin to trade but if you learn and become skilful,you will succeed.
everything need lucky beside your skill. bill gate can't be the richest man in the world if he born in Amazon. right?
I think at first is luck + skill, but after some experience, your day trade strategy definitely become your skill
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?
It would be a skill to coup up with the fast update on pricing of coins. So constant monitoring on the price where there is a price drop and a price hike. There is also a little bit of luck when doing daily trading, luck that the price after buying will go high and you can have the profit on the next 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?
It would be a skill to coup up with the fast update on pricing of coins. So constant monitoring on the price where there is a price drop and a price hike. There is also a little bit of luck when doing daily trading, luck that the price after buying will go high and you can have the profit on the next day.
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. THErefore, I suggest you should learn trading before making your own day trading
Depends on your knowledge. If you're a noob, then day trading is nothing more than gambling. On the other hand, there are people earning millions day trading using their skill and experience.
It requires good knowledge to be able to survive with daily trading and it must be a combination between luck and skill. If we only rely on our feeling in daily trading, surely that will lead us to a very bad result at the end.
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