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Topic: Day trading - page 3. (Read 2522 times)

full member
Activity: 487
Merit: 101
October 08, 2018, 08:35:20 PM
From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile?  Over the last couple of months, things seem to be moving rather slowly?
you should have around 500usd to start for day trading and choose wise what altcoin are you going to start trading.sometimes you will lose and sometime you will get profit, but don't sell in lose
full member
Activity: 784
Merit: 100
October 08, 2018, 06:08:06 PM
to do daily trading I think whatever capital we have we will be able to use to trade it all depends on the coins that we will choose for daily trading to get profits quickly.

but it would be nice in my opinion if you want to do daily trading you should use substantial capital all at once, so that the profits will get enough to feel the results rather than the small capital used.

the important thing is if you want to use a daily trading strategy, we must have a robust analysis and trading signals in order to know the coins that will get the pump and the movement is fast so as not to miss the moment to buy at a low price and sell at a high price with a short time.
member
Activity: 364
Merit: 10
October 08, 2018, 04:06:49 PM
daily trading for us to learn how to trade because if we don't know how to trade it will result in losses
How could you lose if you don't do day trading dude? If you engaged yourself there is a chance that you will lose or gain profit depending on your game and how to deal with it.
jr. member
Activity: 116
Merit: 1
October 08, 2018, 02:29:07 PM
If you want to get a safe and good income from daily cryptocurrency trading, you will need at least 10,000$.
hero member
Activity: 3080
Merit: 603
September 20, 2018, 08:53:25 PM
daily trading for us to learn how to trade because if we don't know how to trade it will result in losses
You can't be productive to something that you don't know.

And for our folks here, I've seen that many are still skeptic with day trading and the feeling of majority of them is fear, scared but aware of the risks that they are taking. You'll go through different ups and downs in day trading but the lesson you'll get is very valuable and useable.
full member
Activity: 2128
Merit: 180
September 20, 2018, 08:51:48 PM
Day trading involves lots of stress and energy, maybe before day trading is much easier but on on how this market now go with lots of dips and a minimal bull ever seen i suggest for long term investment.
This is a risky way to earn profit in this market, day trading requires a lot of things because its not an easy job. I agree that day trading is not good right now because of too much dump but if you are a good traders you will still be profitable. Newbies should go for long term, and learn the process later on.
full member
Activity: 462
Merit: 100
September 20, 2018, 08:27:25 PM
From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile?  Over the last couple of months, things seem to be moving rather slowly?

Thats why theres a coin that is slow moving and fast moving,this differentiate whay kind of cryptocurrency and what kind of strategy we will be having..

And about the volume to capitalize your trading well it depends on what is your capabilities,remember that never invest what you cant afford to lose
jr. member
Activity: 168
Merit: 1
September 20, 2018, 08:03:45 PM
From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile?  Over the last couple of months, things seem to be moving rather slowly?

Yes you have said it right that the things seem to be moving rather slowly but before we talk on how much you should invest lets talk first about the market and how you will invest and how you will do trading and many more.

The things that you need first to know is
- What is Day Trading?
- Why is Day Trading used by many investors?
- Why I want to trade?
- What is my goal in trading?
- How much would I need to invest in trading?

What is Day Trading?
- Day trading is speculation in securities, specifically buying and selling financial instruments within the same trading day. Strictly, day trading is trading only within a day, such that all positions are closed before the market closes for the trading day. Many traders may not be so strict or may have day trading as one component of an overall strategy. Traders who participate in day trading are called day traders. Traders who trade in this capacity with the motive of profit are therefore speculators. The methods of quick trading contrast with the long-term trades underlying buy and hold and value investing strategies.

Why is Day Trading used by many investors?
- Many investors prefer to do day trading because trading assets on a regular basis could be a safer bet and might be more profitable for you. From the previous section we learned that Bitcoin grew by an average of 1.5% per day (during the past 20 days). So you can actually take the risk of buying today and selling tomorrow or within the next couple of days. There is no guarantee that tomorrow’s price will be higher than your current buy price — but it’s still better than crossing your fingers and holding indefinitely.

What is my goal in trading?
- Putting up a goal in trading makes your trading organize your time so you can reach your goal especially your goal with the amount that you want to reach because trading here in the crypto is too risky because of the volatile of the price. This is also a way to maximize your time in trading and you will set your mind in the price that you think you will gain a profit. If you do not have any goal then you might end up of not selling your coin or you might sell your coin a low value cause of the volatility of the price in the market.

How much would I need to invest in trading?
- Now that you have set up your mind this is the right time that you think of the amount that you need to invest in trading. The first thing that should put up in your mind is should I put all my fiat money in trading? What will happen if I put all my fiat money in trading? here is the answer to the question You should not put all your fiat money in trading because if you lose the money that you used in trading there is no chance for you to do trading again. In trading you have to try it first so if you committee a mistake then you can correct that mistake that you have encounter so there is a chance for you to earn from your next trading.
jr. member
Activity: 126
Merit: 1
September 20, 2018, 11:08:37 AM
Day trading involves lots of stress and energy, maybe before day trading is much easier but on on how this market now go with lots of dips and a minimal bull ever seen i suggest for long term investment.
indeed, intraday trading is a very risky business. You can lose the deposit if you do not know how to trade. I prefer to invest
copper member
Activity: 126
Merit: 10
September 20, 2018, 10:52:22 AM
daily trading for us to learn how to trade because if we don't know how to trade it will result in losses
of course when we trade daily we have a lot of knowledge and can control our emotions. if everything we have mastered then we will not be able to experience losses. losses will usually befall careless and impatient people.
Yes, you are right, if we want to trade every day we must be good at seeing the situation and conditions and must always observe the charts, the rise and fall of prices, if do not want to experience losses, because market conditions are difficult to predict.
it is very difficult in my opinion if you try a daily trade, if you fail then the loss will be a lot,
my advice is to wait for the moment to buy and sell when the price goes up
full member
Activity: 378
Merit: 100
September 20, 2018, 10:34:57 AM
daily trading for us to learn how to trade because if we don't know how to trade it will result in losses
of course when we trade daily we have a lot of knowledge and can control our emotions. if everything we have mastered then we will not be able to experience losses. losses will usually befall careless and impatient people.
Yes, you are right, if we want to trade every day we must be good at seeing the situation and conditions and must always observe the charts, the rise and fall of prices, if do not want to experience losses, because market conditions are difficult to predict.
sr. member
Activity: 756
Merit: 250
September 20, 2018, 10:02:08 AM
daily trading for us to learn how to trade because if we don't know how to trade it will result in losses
of course when we trade daily we have a lot of knowledge and can control our emotions. if everything we have mastered then we will not be able to experience losses. losses will usually befall careless and impatient people.
newbie
Activity: 84
Merit: 0
September 20, 2018, 01:20:55 AM
daily trading for us to learn how to trade because if we don't know how to trade it will result in losses
sr. member
Activity: 1377
Merit: 268
September 19, 2018, 10:37:33 PM
Day trading involves lots of stress and energy, maybe before day trading is much easier but on on how this market now go with lots of dips and a minimal bull ever seen i suggest for long term investment.
jr. member
Activity: 56
Merit: 10
September 19, 2018, 06:12:35 PM
From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile?  Over the last couple of months, things seem to be moving rather slowly?
Perhaps there are such days, and not only, there are green days when luck is probably on your side, and you really need to be ready for this moment, because if you miss this moment, neither is good.
In trading especially in day trading we need to look at the exchange, chart, prices every now and then or wait till it reaches our target amount. There are some telegram groups now that helps in deciding which can pump that can help us to watch the price all day till it reached the price we wanted.
Especially when the crypto bear months end. Then we can exchange days. Long-term trading today is what we can do to wait for market changes, and stay patient.
hero member
Activity: 626
Merit: 500
September 19, 2018, 10:23:27 AM
From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile?  Over the last couple of months, things seem to be moving rather slowly?
Perhaps there are such days, and not only, there are green days when luck is probably on your side, and you really need to be ready for this moment, because if you miss this moment, neither is good.
In trading especially in day trading we need to look at the exchange, chart, prices every now and then or wait till it reaches our target amount. There are some telegram groups now that helps in deciding which can pump that can help us to watch the price all day till it reached the price we wanted.
hero member
Activity: 2268
Merit: 507
September 19, 2018, 10:23:13 AM
I believe that you need to invest a minimum of 1000$ to trade cryptocurrency, in this case you can expect about 500$ from trading cryptocurrency every month.
Its not guaranteed that you can earn specific amount every month, this will depend on the skills you have in trading. Having a huge amount of capital is fine as long as you know how to trade. But if you are just a newbie, better to start trading with just small amount of money.
Having a huge capital in day trading is really profitable but yeah experience is still matter.
In this highly volatile market, if you are a good trading $500 a month is too small for you, but of course you will still incur some bad days that can blow away all your profit so be careful. I don't suggest day trading with the newbies especially if you are trading huge amount of capital.
More capital and more profit, less capital and less profit too. How many profit that will you get from the market will depend on how much you have been putting or investing on that coin. Basically to trade with a lot of money will have involved a high risk. you can lose your money anytime and it's better to choose longterm as the best choice. small amount for daily trade,
full member
Activity: 462
Merit: 100
September 19, 2018, 10:15:30 AM
Day trading is a bit tiring, but an experienced trader will not throw the coin in a short time, but it will be more waiting for the right time to get it according to his wishes.
For day trading for novice traders, it will usually be easy to be tempted and quickly throw away the coins and be happy with a small profit, and after knowing the coins can rise again, feel sorry.
It requires spending time and experience. If you do this as a side branch and you do not get serious, you are poor money. I do not think I should have been serious about your business since nobody likes to lose it.
full member
Activity: 394
Merit: 100
September 19, 2018, 08:38:32 AM
From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile?  Over the last couple of months, things seem to be moving rather slowly?
Perhaps there are such days, and not only, there are green days when luck is probably on your side, and you really need to be ready for this moment, because if you miss this moment, neither is good.
sr. member
Activity: 1050
Merit: 277
September 19, 2018, 08:25:53 AM
From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile?  Over the last couple of months, things seem to be moving rather slowly?

yeah you are right. i do not dare to make daily tradings for so long time. first of all it is very risky in this bearish market. second i work all the day and dont have time to follow the crypto market so much. so i prefer to just invest and wait.
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