Pages:
Author

Topic: Day Trading - page 4. (Read 17382 times)

legendary
Activity: 2338
Merit: 1354
CoinPoker.com
March 30, 2019, 04:25:37 AM
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.
hero member
Activity: 798
Merit: 1000
March 30, 2019, 04:24:56 AM
The main problem of traders is not what they see on the chart.For all shows the same.The problem is in the people themselves who cannot control their emotions.
hero member
Activity: 2814
Merit: 576
March 30, 2019, 03:54:00 AM
Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.

I won't risk my money to do day trading if I don't know. It is difficult to day trading because I think we need always to watch the price all day so we can know the right time to buy and sell. Without having skills to trade and deeply information for the analysis, we don't know when the right price will come so we can miss many things including to make the profit.

Day trading is more profitable than long term investing, that if you are a successful day trader.
This requires good skills and I believe only few of the traders are successful in this and those who do day trade are usually playing with a decent amount of money.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
March 30, 2019, 02:29:38 AM
Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.

I won't risk my money to do day trading if I don't know. It is difficult to day trading because I think we need always to watch the price all day so we can know the right time to buy and sell. Without having skills to trade and deeply information for the analysis, we don't know when the right price will come so we can miss many things including to make the profit.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
March 30, 2019, 02:03:44 AM
Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.

True that, and because it's risky not everyone can make profit on it.
I am more in long term trading than short term as the requirement to be successful in day trading is so high, you need to focus and that requires a lot of time. For us who have a job and other business as our source of income, we cannot dedicate our full time with day trading.
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
March 30, 2019, 01:04:55 AM
Day trading is a risky type of trade. Without proper knowledge of trading its so easy to get burnt. So all day traders it will be beneficial for them to have proper knowledge of how to trade before venturing into it.
member
Activity: 472
Merit: 10
March 29, 2019, 09:21:10 PM
Basically, day-trading is for experienced traders. For those who have been trading for a long time and have got good knowledge of the price movement of various coins. They can do it and can be successful in it.
full member
Activity: 448
Merit: 100
March 29, 2019, 05:08:50 PM
Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       

If you get it right then it is better to learn and over a period of time once you have some experience and skills you can earn money bet on daily basis and can even become a effective investor which will help you too make money on long run as well .
Of course, if a user of cryptocurrency has a boundary knowledge, then to get income from long-term investments, you need to use the highest-rated cryptocurrencies, and then long-term investments will carry a much lower risk than daily trading.
hero member
Activity: 1218
Merit: 557
March 29, 2019, 12:01:52 PM
Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       

If you get it right then it is better to learn and over a period of time once you have some experience and skills you can earn money bet on daily basis and can even become a effective investor which will help you too make money on long run as well .
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
March 29, 2019, 11:28:38 AM
Day trading is not for all classes of people because it is so risky. Though in day trading, a huge amount of profit we can earn. But in this respect we should need more experience and deep analysis about day trading.
I don't think it's risky compare to long term trading. It's because in day trading, the percentage of profit from your capital is very minimal thus it gives you a decent profit and less risk in loosing too much if the trend of the market suddenly becomes infavorable to you.
legendary
Activity: 2338
Merit: 1354
CoinPoker.com
March 29, 2019, 10:59:54 AM
Though in day trading, a huge amount of profit we can earn.
But we can also loss huge amount. Day trading is also same with scalp trading, you can also earn huge profit and also huge losses, but on day trade, you can less your risk if you do risk management and planning ahead before entering the trade. And the most important in day trade is Risk Management, always set your target and stop loss.
sr. member
Activity: 1750
Merit: 267
March 29, 2019, 10:47:47 AM
Day trading is not for all classes of people because it is so risky. Though in day trading, a huge amount of profit we can earn. But in this respect we should need more experience and deep analysis about day trading.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 29, 2019, 10:09:15 AM
Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis.       
It does take a lot of technical analysis but it is also a lot based on luck and the ability to understand a trend and catch it before it goes beyond the scope of buying. We have seen people make money through day trading but we must remember that the majority of day traders are making money by selling courses and pumping their own coins. This is one thing that plagues every speculative market and you cannot steer clear of it.

Quote
I think day trading is better than long term trading.
Its better not to compare day trading and long term trading. They are two different aspects and a difference in opinion does not imply that this one is good or this one is bad.
full member
Activity: 476
Merit: 100
March 23, 2019, 04:51:13 PM
Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       
Day trading is risky but at the same time it has good amount of profit, day trading needs allot of knowledge and information according to me only expert traders can gain profit, it needs time to become a good day trader but once you take command over you can make huge profit, I have some friends who consider day trading better than long term trading.
hero member
Activity: 2772
Merit: 518
★Bitvest.io★ Play Plinko or Invest!
March 22, 2019, 11:26:07 AM
Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       
We shouldn't to think about the risk in trading cause that's make us stronger and even to have a good and smart decision. Good planning strategy and TA is very important in trading either day trading or for long term trading still we should have them.
For the current market situation,  day trading seems to be more profitable than of long term trading and simple fluctuations makes us profits and it usually happen everyday.
member
Activity: 397
Merit: 10
March 22, 2019, 10:09:22 AM
Day trading is too much risky but it also profitable too. If you do day trading then you must have proper knowledge about fundamental analysis as well as technical analysis. I think day trading is better than long term trading.       
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 22, 2019, 06:02:56 AM
Traders do not control the market, it is impossible to control the market. It can be manipulated to an extent, and the chances reduces as more investors come into this space.
It is correct that manipulation is rampant but I do not agree with your second statement. Think of it this way: when whales dump prices drop and this allows small-cap investors to get in at a lower price than what was the average price for a period of time. Now the market will pump and they will sell at profit. Thats profitable and calls in more investors.

Quote
As a trader you forecast the next direction, using charts, technical analysis and other available tools, news and media publications.
Not all traders can do that unfortunately. Cheesy Neither is it necessary to read the paid FUD media.

Quote
There is also an arbitrage option as well as a shorting option.
Risky but yes there are there and not to mention day trading does need a lot of luck as well.
member
Activity: 461
Merit: 17
🔰FERRUM NETWORK🔰
March 18, 2019, 11:13:54 PM
Day trading has a lot of risks if compared against mid-range or long term trading. We can't predict the price for short term as even after we buy the coin, it might start dumping and in such situation we might always need to hold the coin until we see it rising again. Day trading is meant for extremely volatile coins with high trading volume. Research is always needed if we tend to have profits. Investing randomly in any of the coin for day trading will only give loss.
I believe that daily crypto trading is only done by professional actors who are the source of their income from crypto trading. Because if you are a beginner or amateur, of course mental, brain and capital will not be enough.
This is proof that crypto traders can survive and become more profitable by cultivating a digital money business that is difficult for many to understand. Apparently there is nothing difficult, if indeed the enthusiasm for mastering the crypto trade is very large.
hero member
Activity: 1134
Merit: 515
March 18, 2019, 04:43:22 PM
Yes we need times to get financial freedom from trading,  that not easy but will be possible if we keep learning. Use previous mistake to make others better strategy. Warren Buffet is one of the richest man in the world and they can make it from trading activity, and also we have opportunity  to make it too.
We will all surely make it too just like him. Nevertheless, day trading has actually helped lots of us financially though we trade with caution and care, learning is the first stage while paying close attention to the market is very important, even warren buffet being a very rich man does not joke with risk management, so provided we don’t toil with risk management, virtually, everyone can get financial freedom from trading as you said.
legendary
Activity: 2030
Merit: 2174
Professional Community manager
March 18, 2019, 03:25:18 PM
On the other hand, there are many inconvenient conditions such as controlling the market more actively than long-term investors

Traders do not control the market, it is impossible to control the market. It can be manipulated to an extent, and the chances reduces as more investors come into this space.
As a trader you forecast the next direction, using charts, technical analysis and other available tools, news and media publications.
There is also an arbitrage option as well as a shorting option.
Pages:
Jump to: