Day trade is more a lucky thing or skill - page 32.

tatum506

member

Activity: 311

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 in order to be successful, you need some luck, but the most important thing is to have good skills. You can see that the market is fluctuating strongly, bitcoin and altcoin prices are continuously reduced for several consecutive days and there are no signs of specific recovery. So I think that at this point you should not trade and wait for the market to stabilize.

Johnyjay

newbie

Activity: 219

Merit: 0

I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.

ritikasimi

newbie

Activity: 38

Merit: 0

for being successful in crypto field you must be have knowledge about it..so you need skill in it..with skill & luck you can make good profits.. without skill you don't know which coin is good to buy & most often you buy the useless coin & you are in a great lose..so skill is important for crypto trading

Jlv

full member

Activity: 336

Merit: 100

The Future Of Work

For me in my opinion, it depends upon the person how lucky he is and at the same time he had the talent or skills on how to trade and having an experience on how to look on the market of crypto.

Mr.ZODIAC

member

Activity: 336

Merit: 11

Quote from: ?? on ??

luck is also needed for being lucky.luck and skill both are needed for the day trade. if your luck in not fever you than you cant able to earn money doing the trade.
so you need skill first, My luck was good but Also faced bad luck many times.

Of course, commerce is a very interesting occupation, but you can not do without filing in this business. But a great guarantee of success is the experience and ability to respond to the market correctly.

bitcub

sr. member

Activity: 952

Merit: 250

Day trading is not like playing card game using analysis and luck. Swing trading and day trade is pure technical analysis. It is all about analysing news and chart reading.

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?

sumanto

full member

Activity: 462

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 think daily trading seems to depend on the luck factor you can get, because it is very difficult to see what coin will experience the movement because too many coins are circulating and various coins are there. so in my opinion it's just a factor of luck.

Rinzo

newbie

Activity: 112

Merit: 0

the sole aim of an investor is to make profit and to make profit, you need to be equipped with the right tool. with the skill of understanding the market, your dream of making that profit comes to reality while luck can help you beat others. you cannot actually separate one from the other cos the move you made to be successful is the same move another investor made and failed. you need to remove sentiment and emotions while analyzing the stock market. with the right move, good knowledge and behavior in analyzing the market then your day trading is a success

elbimbo012

full member

Activity: 476

Merit: 108

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?

Day trade need skill if you want to be succeed though some time luck play a big role also but in the end the skill is what your main weapon to achieve profit in day trading snd this is not advisable for beginner but if you try just invest small amount only to ensure you will not lossing big capital if you commit mistake in doing day trade.

malah

full member

Activity: 504

Merit: 100

trading has a high risk so it takes knowledge and skills to be able to get profit, but luck is also very influential, because if you do not have all that then you can lose your money

dekcutbusu33

newbie

Activity: 166

Merit: 0

In playing a role you need skills to trade effectively. That you need a much better skill to perform the operation. I mean, every average person with a technician knows how to do it effectively. You just need to know the basic things like when to buy. Or sell at the right time. Do you want to spend a few hours to take your coins then grab them to your profits instead.

putrisa

full member

Activity: 420

Merit: 100

I think it depends on who applies daily trading when new players apply daily trading should have a very good skill to be able to make an analysis of where the coin is moving. the skills you have are very important than luck.

Bonsaiav

full member

Activity: 602

Merit: 118

In bitcoin trading it's much more like buying and selling goods online, that is the sale of goods profit or loss. Skill, is the initial capital of every trader especially for those who are still Newbie. Because, a fortune is not possible without skills even if some of them are lucky it may just be a coincidence. While those who have the skills can usually take advantage even though the market is in a declining condition.

spyerf

full member

Activity: 378

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?

in this case I do not think that luck has a major role, I think the most important thing in this case is repeatedly to always monitor the movement of value and how quickly we make decisions when the opportunity profit. and luck is the small part we need.

Coinnosaurus

sr. member

Activity: 643

Merit: 264

For sure it's pure luck or unluck. I would say day trade is more a gambling than a trade. Some may start gambling but then realize the potential and so put in the effort to make long time trading a long and prosperous career.

rose9696

member

Activity: 770

Merit: 10

https://streamies.io/

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?

The best option is to hold in the long run. Because the trading day is very stressful. You have to stare at the 24/7 screen for profit. That job will make you feel like you do not want to spend time on anything else, including sleeping.
I did that job and it made me feel very pressure. So I moved to hold in the long term. I had more time to analyze and entertain.

Jake2134

newbie

Activity: 91

Merit: 0

Trading is more on skill because without skill you have only the slightest chance to have a win trade and be successful in trading because skill is needed to trade and without that you get risk worse than you ever imagine.

otunayode

full member

Activity: 462

Merit: 100

Successful Day trading is essential based skill and experiences and how you deploy your skill and let your experience serve you will determine to large extent how much profit you will make with a little bit of luck as well!

tapaibuccok

member

Activity: 303

Merit: 10

I think day trading relies more on luck than on skil, most people who do it just see value moves instead of the quality of a coin, I am proud of people who dare to do that because he is very brave

Bitexpert2017

member

Activity: 224

Merit: 10

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.

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