Day trade is more a lucky thing or skill - page 34.

henmark

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Quote from: Jaycee99 on May 02, 2018, 07:55:19 AM

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?

Well for me that luck that Have is the skill of person and the idea and a persons knowledge. I would suggest that you should not think that way because if you are trading you use your knowledge the things that you learn when it comes to trading and when you win it can be called luck but remember if you did know any background of day trading you can not win you do not have any so called luck.

So here is the thhing call it a luck "luck" if you do not have any knowledge when you earn something from out of nothing.

It is quite possible that your luck may favors you once but this might not happen all the time and that it is not a good thing to rely only on your luck and do not thinking of learning anything good or working on improving your skillset. You need to keep working harder and that too consistently so that you may never come across a situation when you must leave the things on your luck.

billbear

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Luck is definately good, but if you will rely only on a luck, you will probably face a big loss in near future my man... You need wisdom.

anavir

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Activity: 350

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Quote from: surfinonmyownwavebaby on April 18, 2018, 12:38:16 PM

It looks like luck to the outsider but it takes a ton of skill to day trade effectively. Not only do you have to have bankroll, discipline, emotional control, time management, understanding markets, and many other skills. You have to be smart enough to know how to chart and how to decipher that information from those same charts. Not a easy task and that is why less traders are day traders, it is absurdly hard thing to do.

i agree with your opinion that a trader must have the best skills and dedicated to his works to become successful.Luck is just an option because the main ingredients to become a successful trader are you have to know in how to deal,to manage and to focus on your business.

satria stell black

newbie

Activity: 146

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?

The best decision we have to do now I think by holding it longer and not doing day trading. Daily trading does not take a long time to hold all the coins we have. But the profit earned from daily trading is certainly not satisfied. Unlike if we can hold it for a long period of time. Surely the benefits we get can be many times the capital we spend. I advise you to trade in a long time.

dead_m92

hero member

Activity: 650

Merit: 500

Its not something easy to do if you do not even know what you are doing while you trade.
I still prefer to do scalping instead of day-trading.

Well, i used to daytrade a few months ago and i used to make more than $20 - $30 bucks a day, enough for a day living.

jack8989

member

Activity: 331

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StartFi

Quote from: electron-coin on May 06, 2018, 04:06:34 PM

I think that we need to act on the basis of the situation.
Trading constantly evolving skills and flair. This in combination with knowledge and endurance will bring a constant profit.
But sometimes the market is bad for trading and it's better to stay away and make a hold or even HODL.

Uhmmm it's just a little bit harder if you only got lucks or skills , your success will not be huge because you only gain the income with your lucks or skills only not both of them.
But with both of them you could create a huge different , your income could be multiples times. It could be 10 or even 100.

electron-coin

full member

Activity: 521

Merit: 100

I think that we need to act on the basis of the situation.
Trading constantly evolving skills and flair. This in combination with knowledge and endurance will bring a constant profit.
But sometimes the market is bad for trading and it's better to stay away and make a hold or even HODL.

syamster

hero member

Activity: 1078

Merit: 501

Quote from: stromae on May 06, 2018, 08:59:50 AM

Quote from: zxl912157 on May 06, 2018, 08:48:53 AM

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 market currently supports a longterm trader, the short-term way is for people who are lucky because they order at the right price and fast.
Keep it your way that is longterm if you think it is comfortable for you and always profitable. Do not look at others because other people have different luck and fate.

Day trade requires luck and you can't do it alone by yourself. You will always need the perspective of other traders and market influencers so that you won't miss major things taking place in blockchain news. It's not skill dependent for me. It's more like luck dependent.

It is all about your luck and knowledge, if you are doing well then keep going according to the market and if not going well then change your ideas and get some more knowledge about things you were performing in the market in order to make then accurate and perfect so that you will not face any problem either starting day time or night will be in your benefit if do so.

3DBrushes

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CryptoTalk.Org - Get Paid for every Post!

Day trading is actually a skill in traditional markets but when it comes to cryptocurrencies it is a mix of both luck and skill. Anything can happen in a day. So luck is also a prime factor here. One need to spot that which is a skill.

tesla80

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Full Stack Engineer

I wish to be able to make just scalping in right way. All suggestions are welcome

richan

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Day trading is just like skills of any discipline that is acquired when dedicate yourself to it. You can watch the youtube and learn a lot of trading skills from them. As you learn, demo trade without putting in a real cash and you will understand day trading is a skill not luck.

alon_alon

jr. member

Activity: 196

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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 youtube 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 the best option is if we can hold all the coins we have for a long time. I do not like day trading because the profits are not satisfactory. I like to be more patient to get the bigger profit.

BitcoinNational

legendary

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Join The Blockchain Revolution In Logistics

From my own experience,I wouldn't recommend you day trade, it's time consuming, you need luck and skills to me. It may be more lucrative (if you good at it), but you can also loose a lot.

sumanto

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according to my personal experience both are very useful, sometimes when I do daily trading I often have good luck but with the expertise I have also I can find out what is good and suitable coin to benefit from daily trading.

basil9988

newbie

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i think trade is lucky

CoinsInvest9

member

Activity: 153

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 trading, you can't depend on luck to win in all transactions and get profit, you can lucky one or two times but i;m sure that if you don't have skills and experience you will soon be lost all your money.
Skills in trading which you can have if you learn TA knowledge, will help you identify trend of the market thereby you will give right decison.
Of course, skills and experience is very important but it can also help you always win in the market, but it's can help you avoide to loss.

klasik1980

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Activity: 434

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Quote from: Bdstar on May 05, 2018, 11:38:47 PM

I think in this issue luck plays the most vital key rather than skill. If your luck will not favor you then skill doesn't allow you to get benefitted from this short time trading. I think day trading is a very vulnerable task for anyone. So luck is the vital for this issue.

In trading luck plays no role .Stock market is a place of highly skilled and there are very less chances that the skilled one will let the unskilled one earn so my friend please don't enter the stock market by just thinking that u will get lucky

Learn and earn and be attentive 24 hours

zxl912157

sr. member

Activity: 588

Merit: 250

Quote from: stromae on May 06, 2018, 08:59:50 AM

Quote from: zxl912157 on May 06, 2018, 08:48:53 AM

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 market currently supports a longterm trader, the short-term way is for people who are lucky because they order at the right price and fast.
Keep it your way that is longterm if you think it is comfortable for you and always profitable. Do not look at others because other people have different luck and fate.

Day trade requires luck and you can't do it alone by yourself. You will always need the perspective of other traders and market influencers so that you won't miss major things taking place in blockchain news. It's not skill dependent for me. It's more like luck dependent.

I can do his own by looking at the order and set my order above buywall, I just wait for my order filled and I get profit.
I only use the unstable Bitcoin movement that causes the altcoin price to falter.

stromae

full member

Activity: 309

Merit: 100

Quote from: zxl912157 on May 06, 2018, 08:48:53 AM

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 market currently supports a longterm trader, the short-term way is for people who are lucky because they order at the right price and fast.
Keep it your way that is longterm if you think it is comfortable for you and always profitable. Do not look at others because other people have different luck and fate.

Day trade requires luck and you can't do it alone by yourself. You will always need the perspective of other traders and market influencers so that you won't miss major things taking place in blockchain news. It's not skill dependent for me. It's more like luck dependent.

zxl912157

sr. member

Activity: 588

Merit: 250

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 market currently supports a longterm trader, the short-term way is for people who are lucky because they order at the right price and fast.
Keep it your way that is longterm if you think it is comfortable for you and always profitable. Do not look at others because other people have different luck and fate.

Topic: Day trade is more a lucky thing or skill - page 34. (Read 2938 times)