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Topic: day trading effective? - page 12. (Read 1949 times)

newbie
Activity: 294
Merit: 0
May 08, 2018, 02:33:54 PM
IF you become verey skill about trading and you have a large capital even you know how to analysis the market then I say you can start day drading.Remember that day trading is very risky,so much problaty to loss.
full member
Activity: 546
Merit: 100
May 08, 2018, 01:03:49 PM
questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?


Day trading is a very profitable business. however, you cannot do it without the skills and the knowledge. Be very careful with day trading activities.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
May 08, 2018, 12:22:59 PM
It is effective only if you have a huge amount of capital and skill like a protrader because if you have a huge capital you can earn a big profit even the price move only in a small amount. For example if your capital is 1,000,000$ then with in a small swing you already have a big profit inside of it.
full member
Activity: 504
Merit: 100
Option Blitz
May 08, 2018, 12:14:03 PM
maybe but you need high skill. because this market totally crazy so if you cant control ur emotion that will be the end for u
member
Activity: 266
Merit: 10
BITCOIN TRADER 2016
May 08, 2018, 12:02:11 PM
I think daytrading effect only if you are lucky and if you have a high skill in trading but if you dont have that skill just like me a basic skill on trading will lose your investments slowly in daytrading unless you hold for long term.
member
Activity: 1021
Merit: 12
May 08, 2018, 12:01:55 PM
questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?


now, the time is highly recommended for berdangang is a long term, about a week to three a day term perdagang not because it is not very effective right now.
full member
Activity: 910
Merit: 100
elysian.finance
May 08, 2018, 11:51:15 AM
Trading can earn you a lot of money if you know what you're doing, but it's serious profession that requires a lot of knowledge and experience..and excellent money management skills. 90% of traders lose money long term..that's a proven statistics, so before you start day trading take the time to really absorb these numbers. It takes months, if not years to become a successful trader. Most people are better of just holding btc.

Exactly! Leave day trading to the bots. Go for longer term trades on recently heavily dumped coins. Don't diversify too much. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid team and technology and buy the dips. At least that's how it worked for me. Wink


of course to do trading today is not easy to do everybody, to be a trader we must have experience strategy and mental trading enough, to learn it all would take a long time, could be months, and could be years, and when there are Many new traders who suffer huge losses, because they mostly panic when the coins they buy down, and they sell it without thinking about the losses they experience.
newbie
Activity: 168
Merit: 0
May 08, 2018, 11:14:20 AM
Very effective because with daily trading you can get a big provit, in view of the market price every day crypto change even every second can change. that's why daily trading is so effective
sr. member
Activity: 560
Merit: 273
May 08, 2018, 10:53:10 AM
Trading can earn you a lot of money if you know what you're doing, but it's serious profession that requires a lot of knowledge and experience..and excellent money management skills. 90% of traders lose money long term..that's a proven statistics, so before you start day trading take the time to really absorb these numbers. It takes months, if not years to become a successful trader. Most people are better of just holding btc.

Exactly! Leave day trading to the bots. Go for longer term trades on recently heavily dumped coins. Don't diversify too much. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid team and technology and buy the dips. At least that's how it worked for me. Wink
jr. member
Activity: 246
Merit: 1
May 08, 2018, 09:16:47 AM
Trading can earn you a lot of money if you know what you're doing, but it's serious profession that requires a lot of knowledge and experience..and excellent money management skills. 90% of traders lose money long term..that's a proven statistics, so before you start day trading take the time to really absorb these numbers. It takes months, if not years to become a successful trader. Most people are better of just holding btc.
member
Activity: 322
Merit: 12
May 08, 2018, 09:03:26 AM
If the trader is packed with full knowledge on how to trade effeciently, and wide awake to watch every minute of the day, then in that sense day trading is effective for him, many traders easily get rich, meaning the system is effective only when the trader is wise and hardworking.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
May 08, 2018, 07:11:22 AM
Normally experts says that doing day trading is just a waste of time because it nevr give any profits like holding do but if we can do that trading in the smart ways we can even make good profits from it.But holding is much easier and more profitable than the day trading.
Holdings are for long time and definitely you make some money after a long time. It is your right to earn money after waiting for such a long time. So it is clear that holding is much better than day trading, but one thing is important, if you know the tactics of day trading and you have the experience of trading then day trading is far better than holding.

Well i agree that hodling is better than day trading but that's mainly because i haven't developed the skill to be efficient at it. There are people who earn a lot from day trades and their practices work for them better than hodling.
copper member
Activity: 364
Merit: 0
May 08, 2018, 06:15:06 AM
Day trading is very profitable but sometime is very risky.day trading is the best beneficial form of trading.if you want to make money with a short time so day trading is the right choice.cause day trading user life is really nice.
sr. member
Activity: 1638
Merit: 278
May 08, 2018, 05:21:30 AM
Normally experts says that doing day trading is just a waste of time because it nevr give any profits like holding do but if we can do that trading in the smart ways we can even make good profits from it.But holding is much easier and more profitable than the day trading.
Holdings are for long time and definitely you make some money after a long time. It is your right to earn money after waiting for such a long time. So it is clear that holding is much better than day trading, but one thing is important, if you know the tactics of day trading and you have the experience of trading then day trading is far better than holding.
newbie
Activity: 238
Merit: 0
May 08, 2018, 03:03:40 AM
day trading is effective when market is very unstable. if daily fluctuation in price is more then you can make big profit. in stable market you will not get too much profit.
full member
Activity: 406
Merit: 101
May 08, 2018, 01:18:41 AM
Day trading is very exhaustive work. Profit is not predictable and you have to be ready every day to lose some money!
It is all about the matter of choice. Sometimes people don’t just understand how beautiful and amazing these coins are. And when they start knowing them slowly and gradually, they start moving toward long term and short term investment. But here comes the choice, whether you want to get big money but late, or short money but shortly. As per situation select anyone of these two tremendous methods.
hero member
Activity: 672
Merit: 500
May 07, 2018, 05:54:03 PM
Yes of course, day trading is effective in terms of daily basis because you will earn income in just a day and it is good sign to them that daily they will have income to become stable financially.
I also consider day trading as the best and most beneficial form of trading. If someone is really good at it, this method can become a lot handy in making regular profits. Definitely, earning money on daily basis increases the capital more than waiting for long before selling out. However, all big achievements come with big difficulties. Day trading is he toughest of all too. The chances of blundering are high.
member
Activity: 364
Merit: 11
May 07, 2018, 06:16:48 AM
Yes of course, day trading is effective in terms of daily basis because you will earn income in just a day and it is good sign to them that daily they will have income to become stable financially.
member
Activity: 227
Merit: 10
May 06, 2018, 10:18:14 AM
if you are a full time in crypto trading maybe day trading is good for you, you can easily monitor price movement. its profitable even small amount of profit for every cycle of trade you've done.
newbie
Activity: 181
Merit: 0
May 06, 2018, 08:21:04 AM
day trading takes up a lot of my time and I think I can not make the most profit here, I prefer to do long-term trading because day trding is not efective for me
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