Day Trading | Bitcointalksearch.org

neonshium

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Quote from: Helderio on November 23, 2017, 08:41:14 AM

Quote from: ictin on November 23, 2017, 12:09:51 AM

If you are just a newbie, starting with a small amount of money is the right way. It will help you learn from your mistakes

i've made many mistakes in trading, but till now i cant comprehend about trading itself. i always hold the wrong altcoin. i want to know which better whether sell or hold altcoin.

Altcoin is not that much popular coin and is not having much demand in the international market. There is no point of holding of altcoin. You can go for day trading but that too only in that case if you are having some expertise in day trading.

For me, day trading is quite profitable thing but it is not at all possible for each and every one of us to do well in day trading. So you need to do the things according to your expertise.

Images21

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Quote from: artoftrolling3 on September 22, 2017, 11:42:30 PM

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.

The amount is pretty good for a starting day trader. You will have to go through getting the hang of it. And so you need not start with a big investment or else you might find your starting capital getting smaller and smaller everyday. Once you get the hang of it and you have made significant progress, then perhaps you will add some more investment in your portfolio until you will create a big trading investment.

slashz9

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it depends on your finances if you have a lot of money you can try more, but my advice you start with a little first because in the world of crypto its price change rapidly, your prediction is not always true.a pro trader must have made a big mistake.

zakero

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What I would suggest is if you want to learn day trading then invest an amount (like $20-$50) which won't bother you that much if you lose. Then play with that money in an exchange doing short term trades to learn the market as well as the charts and indicators.

justdimin

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Quote from: ccowl on November 13, 2017, 05:28:17 PM

$200 is a good amount to start with. When you make it a $1000, that means you are doing it right. At that point feel free to add a bit more.

And when he has lost everything or the $200 has turned to $10, then that means he is doing it wrong right ? Grin

The thing is that he is even doing it wrong at this moment. I can bet my gold tooth that the bitcoin is not skillful at trading at this moment and he should better not gamble with his money, because there is no difference between a gambler and someone that is trading without skills and knowledge.

If he is good, he should know already that, the more you trade, the more you get... No two ways about it. He can decide to trade $50, that won't stop him from making profit if he can handle it well.

TravelMug

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Quote from: Qunenin on November 23, 2017, 10:44:32 AM

Quote from: AjithBtc on November 23, 2017, 10:04:10 AM

Quote from: maydna on November 23, 2017, 02:47:05 AM

Quote from: deniskiely on November 22, 2017, 11:59:02 PM

Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

But what happen if he's success ? Will he being regret because he only spent a little amount on this time. Human's greed is hard to being pleasured. Sad

if he's success then he can have bigger money so he can prepare to buy another coin and try to make another profit. every trader should know his limit and will determine how much amount he want to use for day trading. i realize that if we use small amount, we can not make big profit but we still have another time to make big profit so i think we don't have to regret. the only thing that we can do is trying to trade more and more so finally we can make big profit.

Human minds were of greed, but the same gets some people end in loss and some gain good profit. This is completely unpredictable and happens based on luck. Recently while selling an altcoin I fixed a price and in unexpected time it grew and the trade got over, but to my luck it grew much higher than the price I quoted for selling. So, if we're of greed I could have profited bigger than what I got.

Day trading can be considered as an example of a greed. Why would one person who invest in some coins can't wait and need the profit on the same day ? This is why it is called day trading as you get profit or loss in the same day and since the trader tends to be greedy here, profit is day trading is very rare and only for big investors.

I don't think its greed though. But there are people who choose not to hodl on their coins for so long. Day trader is different they anticipate things to their favor. Although their mindset is to profit very quick, I don't consider it greed though. Greed is something that you already have but wanting more. I know that day trading is not for everyone but there are day traders who started with small capital and end up successful doing this craft.

1Referee

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Quote from: Helderio on November 23, 2017, 08:41:14 AM

i've made many mistakes in trading, but till now i cant comprehend about trading itself. i always hold the wrong altcoin. i want to know which better whether sell or hold altcoin.

It's not really your fault. Most of the altcoins serve no purpose (often referred to as shitcoins), which basically means that this market moves based on the moods of the market movers. For a regular person who's just looking to make a few bucks with trading altcoins (you fit in that category as well), it's impossible to properly trade these markets. You'll either need to anticipate on a potential future event that might have a certain impact on that market, which to a certain extent can be seen as gambling since you are betting on a good outcome, or you need to have close ties to those who move these markets. It's almost an impossible task, which basically means that most of the people are just gambling since they just depend on hope.

shezu007

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Quote from: Qunenin on November 23, 2017, 10:44:32 AM

Quote from: AjithBtc on November 23, 2017, 10:04:10 AM

Quote from: maydna on November 23, 2017, 02:47:05 AM

Quote from: deniskiely on November 22, 2017, 11:59:02 PM

Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

But what happen if he's success ? Will he being regret because he only spent a little amount on this time. Human's greed is hard to being pleasured. Sad

if he's success then he can have bigger money so he can prepare to buy another coin and try to make another profit. every trader should know his limit and will determine how much amount he want to use for day trading. i realize that if we use small amount, we can not make big profit but we still have another time to make big profit so i think we don't have to regret. the only thing that we can do is trying to trade more and more so finally we can make big profit.

Human minds were of greed, but the same gets some people end in loss and some gain good profit. This is completely unpredictable and happens based on luck. Recently while selling an altcoin I fixed a price and in unexpected time it grew and the trade got over, but to my luck it grew much higher than the price I quoted for selling. So, if we're of greed I could have profited bigger than what I got.

Day trading can be considered as an example of a greed. Why would one person who invest in some coins can't wait and need the profit on the same day ? This is why it is called day trading as you get profit or loss in the same day and since the trader tends to be greedy here, profit is day trading is very rare and only for big investors.

it depend on the mind of a trader if he has a mind of getting big risks then they are doing day trading because in day trading risk is more and you can earn more and more but also can lose more and more so for those people who want to earn money with a high speed they need to do day trading while those who have no ability to take great risk they like to do holding trading.

Qunenin

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Quote from: AjithBtc on November 23, 2017, 10:04:10 AM

Quote from: maydna on November 23, 2017, 02:47:05 AM

Quote from: deniskiely on November 22, 2017, 11:59:02 PM

Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

But what happen if he's success ? Will he being regret because he only spent a little amount on this time. Human's greed is hard to being pleasured. Sad

if he's success then he can have bigger money so he can prepare to buy another coin and try to make another profit. every trader should know his limit and will determine how much amount he want to use for day trading. i realize that if we use small amount, we can not make big profit but we still have another time to make big profit so i think we don't have to regret. the only thing that we can do is trying to trade more and more so finally we can make big profit.

Human minds were of greed, but the same gets some people end in loss and some gain good profit. This is completely unpredictable and happens based on luck. Recently while selling an altcoin I fixed a price and in unexpected time it grew and the trade got over, but to my luck it grew much higher than the price I quoted for selling. So, if we're of greed I could have profited bigger than what I got.

Day trading can be considered as an example of a greed. Why would one person who invest in some coins can't wait and need the profit on the same day ? This is why it is called day trading as you get profit or loss in the same day and since the trader tends to be greedy here, profit is day trading is very rare and only for big investors.

AjithBtc

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Quote from: maydna on November 23, 2017, 02:47:05 AM

Quote from: deniskiely on November 22, 2017, 11:59:02 PM

Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

But what happen if he's success ? Will he being regret because he only spent a little amount on this time. Human's greed is hard to being pleasured. Sad

if he's success then he can have bigger money so he can prepare to buy another coin and try to make another profit. every trader should know his limit and will determine how much amount he want to use for day trading. i realize that if we use small amount, we can not make big profit but we still have another time to make big profit so i think we don't have to regret. the only thing that we can do is trying to trade more and more so finally we can make big profit.

Human minds were of greed, but the same gets some people end in loss and some gain good profit. This is completely unpredictable and happens based on luck. Recently while selling an altcoin I fixed a price and in unexpected time it grew and the trade got over, but to my luck it grew much higher than the price I quoted for selling. So, if we're of greed I could have profited bigger than what I got.

goaldigger

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I suggest that you start with the amount of money you are willing to lose. When you are a beginner, You are prone to mistakes, you should understand that. So if that amount is okay with you to let go, then start with that.

nano77

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Quote from: artoftrolling3 on September 22, 2017, 11:42:30 PM

I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.

I think as a beginner is better to start trading with small amounts first and that depends on your financial condition, learn first with small amount until it is proficient to be able to use with large amount

Helderio

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Quote from: ictin on November 23, 2017, 12:09:51 AM

If you are just a newbie, starting with a small amount of money is the right way. It will help you learn from your mistakes

i've made many mistakes in trading, but till now i cant comprehend about trading itself. i always hold the wrong altcoin. i want to know which better whether sell or hold altcoin.

maydna

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Quote from: deniskiely on November 22, 2017, 11:59:02 PM

Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

But what happen if he's success ? Will he being regret because he only spent a little amount on this time. Human's greed is hard to being pleasured. Sad

if he's success then he can have bigger money so he can prepare to buy another coin and try to make another profit. every trader should know his limit and will determine how much amount he want to use for day trading. i realize that if we use small amount, we can not make big profit but we still have another time to make big profit so i think we don't have to regret. the only thing that we can do is trying to trade more and more so finally we can make big profit.

ictin

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If you are just a newbie, starting with a small amount of money is the right way. It will help you learn from your mistakes

deniskiely

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Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

But what happen if he's success ? Will he being regret because he only spent a little amount on this time. Human's greed is hard to being pleasured. Sad

China8888

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very very hard, difficult and unlikely to get any sensible regular stream of money this way. If you have a day job, dont quit it unless your freaking awesome at this and have insider knowledge.

Sand King

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Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

Well thats true in day or daily trading is we will only just need a small amout may be 200USD or 300USD is enough to start but for me it will take too long until you can earn many money in day trading if you are begiiner in trading, bit if you are expert in trading you can do well in day trading, but for me its jist a little bit risky.

carlisle1

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Quote from: The Sceptical Chymist on September 22, 2017, 11:54:04 PM

Frankly, if day trading is your experiment here, I'd suggest a very small amount. Like $20-$100. See how you do, and you'll probably end up losing like most people do.

People went insane in the 1990s, quitting their jobs to trade stocks online because it was a raging bull market. Then they found out what happens when you don't know what you're doing, and the market suddenly stops going straight up. It's real easy to make money in bull markets. You might even get lucky trading some altcoins, but the market is highly irrational. So I suggest you 1) Not quit your day job, and 2) Go small at first. This recommendation is being given to you by someone who wouldn't trade altcoins if you had a gun to his head. I think it's for people who don't have all their marbles, but more power to you.

such a great advice and trivia mate.tahts what happen when someones going to battle without weapon it will end up lossing.in trading capital is not really matter,whats important is the knowledge you have before entering and the learning youve earned from the research and observation conducted to amke things happen.

Helderio

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Quote from: Estehmanis on November 22, 2017, 11:23:46 PM

I think you can start with small amount accordingly if you fail you don't lose much

but maybe he wants much profit, so he should to invest more to gain the profit, but analyze skill is the most important beside the money..

Topic: Day Trading (Read 3878 times)