Topic: Day Trading (Read 17380 times)
You have to correctly calculate your risks. If you are a newbie trader i wouldn't recommend you it.Also you have to be prepared to trade only high volume assets. Since as it is hard to predict price movements you can lose a lot of money.
what is certain is that we must be able to read market conditions and conditions. Sometimes day traders can also get good profits if only he can get in and out at the right time.
I think that today we can comfortably trade
Currently BTC is moving sideways so this is a good opportunity for altcoin to increase prices strongly.
Currently BTC is moving sideways so this is a good opportunity for altcoin to increase prices strongly.
Not only today, but at this bullish market situation.
We will see more sideways movement due to some pump and dump and that will likely to be witness a lot this year.
Take advantage of the situation, if you have a decent capital, you should go day trading, and also try to consider altcoins as well as they are starting to wake up.
95% of all Day Traders fail because of lack of knowledge and timing. Day Trading is very difficult to apply in cryptocurrency trading. Why? Because cryptocurrency markets are unpredictable. It really needs more reviews and research before buying certain coin or token. I always advice new traders to spend their time to get to know the concept and the purpose of the projects or to DYOR (Do Your Own Research). Sometimes the reason why you buy certain coin or token because of hype or FOMO ( fear of missing out ) wherein you see your friends in social media enjoying what they hold. FOMO always happen anywhere in social media because it uses as a marketing strategy to manipulate the markets. Therefore, before diving into cryptotrading, always make sure to DYOR!
I believe that at the present time you should only trade days. The market in recent years is changing very fast and continuously, which will make them unable to control profits and losses if they invest long term.So I believe that you should trade this, always have a clear strategy to handle all situations.
I think that today we can comfortably trade
Currently BTC is moving sideways so this is a good opportunity for altcoin to increase prices strongly.
Currently BTC is moving sideways so this is a good opportunity for altcoin to increase prices strongly.
Basically, day-trading is for experienced traders.
I don't agree that day-trading is only for experienced traders, it is much difficult to become scalp trader, like, in every minute you are watching in your chart, so the it takes too much time rather than doing day trades, you need to just analyze the chart by zooming it out, not concentrating on low time frames. I didn't say that day-trading don't have experienced traders.Indeed, all experienced traders was started from being a newbies also all who became successful traders here begun with no any experience.
In other words, anyone can do day trade whether He has knowledge or not, as long as He knows what the person entering at here, each individuals in this business are free to do it, only things was day trade is not that easy like what others thinking about.
personally I have seen many diving into daytrading and losing money ,, they do daytrade because they think that they will become rich but daytrading is the toughest one and we need lot of experience to earn money from daytrading , if anyone disagree this try for yourself and you we know what I am saying
Day trading is only for those guys, who are in this business (I mean trading) for years, and who have a large experience. A newbie must never start it until he understands everything about the crypto market movements.
personally I have seen many diving into daytrading and losing money ,, they do daytrade because they think that they will become rich but daytrading is the toughest one and we need lot of experience to earn money from daytrading , if anyone disagree this try for yourself and you we know what I am saying
Day trading is only for those guys, who are in this business (I mean trading) for years, and who have a large experience. A newbie must never start it until he understands everything about the crypto market movements.
because daytrading requires a lot of time to attention to the movements that happen, if you miss it then you will lose the opportunity to gain an advantage from daytrading. so besides requiring having skills and good experience in trading, you also need a longer time than usual or maybe you can make another strategy that will make it run automatically to sell when there is an increase and buy when there is a decline, maybe it a solution and i personally will avoid daytrading because i don't have much time to trade every day
personally I have seen many diving into daytrading and losing money ,, they do daytrade because they think that they will become rich but daytrading is the toughest one and we need lot of experience to earn money from daytrading , if anyone disagree this try for yourself and you we know what I am saying
Day trading is only for those guys, who are in this business (I mean trading) for years, and who have a large experience. A newbie must never start it until he understands everything about the crypto market movements.
No, 95-99% of traders fail because of poor risk management firstly. Then the second reason is that they haven't mastered at least the essential parts of technical analysis. Then comes the emotions, FOMO, etc.. You see.. daytrading is no easy job, you need a lot of time to become proficient and it is not for everybody.
Yes i think this is very right here. Maximum day traders now-a-days do not think depth of market. They only invest by heard of someone's investment that `this token is good and will be benefited'. But if they think deeply before investment and make their own research they may take low lose.
Any trade is difficult if you do not have certain knowledge. The most important thing is not to rush. We must soberly assess their risks first and to watch coin before buying it.
We must have an effective strategy in order to succeed, we can't just go on the top if we are not prepare to do so. Losing will be very intimidating but not an excuse that we can't be grown up. If we have that courage and strong determination of being a trader will definitely drive us to invest more on learning and focus of what we do. Failures will be the best enemy in trading and it have a big influence if we've got caught into losing our hope.
Any trade is difficult if you do not have certain knowledge. The most important thing is not to rush. We must soberly assess their risks first and to watch coin before buying it.
personally I have seen many diving into daytrading and losing money ,, they do daytrade because they think that they will become rich but daytrading is the toughest one and we need lot of experience to earn money from daytrading , if anyone disagree this try for yourself and you we know what I am saying
Day trading is only for those guys, who are in this business (I mean trading) for years, and who have a large experience. A newbie must never start it until he understands everything about the crypto market movements.
Daily trading gives excellent results, but it is not always possible to wait for the traders to reach the course, there is not enough discipline and therefore they have to sell at a lower price than they bought
One of the advice on day trading, is the time of trade. Now, bullrun market is better with trade that bear market
indeed the crypto market is indeed unpredictable. I suggest to trade coins that are clear because it keeps the coins from being scame
Your definitely right dude, day trade in all aspects is our main tools for us to earn in bitcoin and crypto whether Bullish or bearish.
This is the most effective way for a non-stop profit as long as We have the coins that stored in the exchange site platform which We are using
it most of the time.
People here usually talk more than they actually trade. This days I`m trading with KCS tokens, price range between 0.00125 and 0.0014, you can make 10% daily easily with day trading, if you have bot it will even be more easy for you to set up that bot and make some daily passive income. If you don`t trust bots you can do it manually, but you will need to spend quality time in from of computer, few monitors and wait price to swing in desired direction for buying or selling.
No, 95-99% of traders fail because of poor risk management firstly. Then the second reason is that they haven't mastered at least the essential parts of technical analysis. Then comes the emotions, FOMO, etc.. You see.. daytrading is no easy job, you need a lot of time to become proficient and it is not for everybody.
Yes i think this is very right here. Maximum day traders now-a-days do not think depth of market. They only invest by heard of someone's investment that `this token is good and will be benefited'. But if they think deeply before investment and make their own research they may take low lose.
No, 95-99% of traders fail because of poor risk management firstly. Then the second reason is that they haven't mastered at least the essential parts of technical analysis. Then comes the emotions, FOMO, etc.. You see.. daytrading is no easy job, you need a lot of time to become proficient and it is not for everybody.
Yes i think this is very right here. Maximum day traders now-a-days do not think depth of market. They only invest by heard of someone's investment that `this token is good and will be benefited'. But if they think deeply before investment and make their own research they may take low lose.
Many traders lose not because of trading time, but many of them are loss due to money management and greed
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