Day trade is more a lucky thing or skill - page 33.

amih

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Activity: 308

Merit: 17

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 doing daily trading activities you can not just rely on luck and of course you have to have skills in daily trading activities. and in my opinion the skills you will get you will not get you instantly because this takes a long time. so I guess the things you should do in daily trading activities of course you should have enough time to continue to monitor the movement of the crypto market and of course by doing it gradually continuously you will have the skills in doing daily trading activities.

pankowri

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Activity: 728

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$CYBERCASH METAVERSE

In my opinion, the skills needed earlier. If the trader does not go first, then if you do not increase the skill then it will be lost. The purpose of the trades is to successful and beneficial. If you work with efficiency, then you will determine fate. No luck can come first.

novaprime

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UniDApp - it's DeFi time!

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 it will depend on your preference. If you are interested in finding potential altcoins to invest in, you will be bored with day trading or vice versa.
If you like to make money fast in a day, day trading will be a very good choice for you. If you like long-term investment, make more money in the future, investment is good for you.

almersyn

newbie

Activity: 140

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everyone has different skills, your friend may have expertise in trading and analyze a graph. If that happens to me, I will HOLD because I am not very good at trading. Because I do not want to speculate in trading

BCSHonda

member

Activity: 392

Merit: 10

Quote from: beezare on May 10, 2018, 11:29:18 AM

I think both are needed in trading that is luck and skill because in trading have big risk and if you do not have good skills then you can be wrong in taking decision and if you are lucky then you can get big profit

Today, BTC trading based on luck will not be profitable, requiring you to have skills and market experience, coupled with the judgment you will succeed. so can earn high income.

pendong101

newbie

Activity: 117

Merit: 0

for me Both of course, even if you got the skill if you're unlucky that day it's useless

jsrenthourse

member

Activity: 238

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?

In order to be successful on a day-to-day basis, you need to have a clear and tangible business plan, and you must also discipline yourself to comply with the plan. With a knit market fluctuating as much as the present time, discipline in trading is very important, you need to take profit when it is profitable and cut losses when necessary.

margert

member

Activity: 224

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 commercial jtheo day can not only rely on luck but you also need a lot of skills. You need to have good analytical skills, follow the plan that is full, discipline yourself to be able to capitalize and profit, while also reducing the risk. The market in recent days is fluctuating continuously and difficult to guess so trading by day is the best choice at the moment.

sureshotcoin

newbie

Activity: 129

Merit: 0

Luck can certainly play a good part in the game while day trading. But main factor that is important is about studying the graphs. If we have a good knowledge about changing trends, we can certainly play well in day trading.

beezare

full member

Activity: 392

Merit: 100

I think both are needed in trading that is luck and skill because in trading have big risk and if you do not have good skills then you can be wrong in taking decision and if you are lucky then you can get big profit

BoLhCa

newbie

Activity: 34

Merit: 0

The most important skill for day-trading is not to be greedy!

Then it's luck and TA and so on.

tumokatok

member

Activity: 392

Merit: 10

Quote from: karungbitcoin on April 23, 2018, 11:30:01 PM

If you have more skill and good psychology in trading so you can make prediction by 70% accurate and 30% does not. Day trading need not only understanding about technical analysis but also good psychology and enough patient. If you dont have it all, for the better doing swing trading that need less times and no need to spend much times in the front of the chart, just check the price action 10 to 20 minutes aday.

What is meant by the "chances" of Trading Day is when the graph changes drastically but suddenly you get a profit because the garfik rises per few seconds before you do trading it is called Lucky Day Trading in my opinion. And skill is the main thing needed for Day Trading, because Day Trading takes a short time to get profit. If we are not adept at seeing graphs and patterns then the defeat is just waiting in front of the eye

jeepuerit

member

Activity: 306

Merit: 15

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's better to have that trading skill to be less happy with the investment, when it starts trading and you do not know how to use it is still useless, you can not grow an investment if you do not know it.

bitgolden

legendary

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Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: mega on May 09, 2018, 01:56:37 AM

Day trading is difficult and need high skills and knowledge,Rarely lucky people win by luck but mostly skills are needed.Day trading is attentive job and keep eye on the prices every moment.I recommend that keep learning and explore the skills.

I know that this requires skills to be able to achieve something out of it, but trust me bro, Luck plays a big role in this than you can ever imagine. If you’re not lucky, you will just end up a loser. Skills are important and so is luck. Both of them needs each other for the business to be in your favor.

You can have the skills but keep on making slight mistakes that ends up ruining everything you have worked on so far. So skills are very important and so is luck.

Kunlejoe0

full member

Activity: 518

Merit: 100

Day trading is more of skill than luck. If you don't start day trading, you may not get the skill you needed because as you trade you develop a trading and know precisely many times on how to get lucky!

btcyoda

member

Activity: 644

Merit: 10

Quote from: mega on May 09, 2018, 01:56:37 AM

Day trading is difficult and need high skills and knowledge,Rarely lucky people win by luck but mostly skills are needed.Day trading is attentive job and keep eye on the prices every moment.I recommend that keep learning and explore the skills.

Exactly, without any proper experiences, we should involve in day trading because with the second the price may vary. So we have to be very careful when dealing with the cryptocurrency trading. Sometimes it is completely based on pure luck and order we keep.

Webberson

full member

Activity: 602

Merit: 102

Trading as we all know, does not seem easy, it actually does require a whole lot of work through proper analysis, knowing when to enter and exit a trade, dealing with emotions and all other stuffs. Day trading can be said to be a lucky thing if you do not possess the skills of trading.

mega

hero member

Activity: 812

Merit: 500

Day trading is difficult and need high skills and knowledge,Rarely lucky people win by luck but mostly skills are needed.Day trading is attentive job and keep eye on the prices every moment.I recommend that keep learning and explore the skills.

ohkkstaaahp

member

Activity: 378

Merit: 10

“The Premier Digital Asset Management Ecosystem”

In my opinion, both things must be combined together so that you can succeed. But I'm more technically inclined. If we have the skills and experience, it is easy to analyze and predict the market trend, and then make the right decision in business. Happiness is just one thing that comes to us unexpectedly, we do not anticipate that will happen.

Lannie25

full member

Activity: 378

Merit: 100

Of course day trade is more skill than lucky thing because in this world you can depend to the lucky thing to survive in terms of financially aspect and also in this business you should always do everything with your skill to be profitable.

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